Wednesday October 17, 2018 8:01:58 AM PDT - The less things change, the more they remain the same. - Sicilian proverb
 
 
 

 

 

 
 

Wed, 17 Oct 2018 10:19:34 -0400

CANADA STOCKS-Fall in healthcare shares pulls main index down

Canada's main stock index declined on Wednesday as the healthcare sector fell more than 6 percent, led by losses in Cannabis shares.


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Wed, 17 Oct 2018 10:11:17 -0400

US STOCKS-Wall St slips as IBM disappoints; Fed minutes awaited

* Indexes down: Dow 0.7 pct, S&P 0.3 pct, Nasdaq 0.3 pct (Updates to open)


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Wed, 17 Oct 2018 10:09:31 -0400

Elevator parts firm Wittur attracts buyout interest - sources

German elevator parts maker Wittur has attracted interest from private equity groups Partners Group and Cinven ahead of an expected sale by owner Bain Capital, several people close to the matter said.


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Wed, 17 Oct 2018 09:51:31 -0400

Twitter makes public Russia, Iran meddling tweet trove

Twitter has published an archive of 10 million tweets and media it says are from accounts it believes are potentially the product of Russian and Iranian state-backed information operations on the microblogging site.


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Wed, 17 Oct 2018 09:44:12 -0400

U.S. Bancorp expects fourth-quarter fee revenue to grow by up to 5 pct

Regional lender U.S. Bancorp said on Wednesday it expected fourth-quarter fee revenue to increase in the low-to-mid single digits.


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Wed, 17 Oct 2018 09:43:46 -0400

CANADA STOCKS-TSX falls led by healthcare shares

Canada's main stock index opened lower on Wednesday, led by declines in the healthcare and energy sectors.


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Wed, 17 Oct 2018 09:40:14 -0400

EU mergers and takeovers (Oct 17)

The following are mergers under review by the European Commission and a brief guide to the EU merger process:


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Wed, 17 Oct 2018 09:37:04 -0400

MIDEAST STOCKS-Saudi stabilises after swings on Khashoggi case, Gulf firm

* Dubai Islamic Insurance climbs on higher foreign ownership cap


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Wed, 17 Oct 2018 09:32:49 -0400

Deals of the day-Mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Wednesday:


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Wed, 17 Oct 2018 09:32:47 -0400

US STOCKS SNAPSHOT-Wall St dips at open; Fed minutes awaited

U.S. stocks opened slightly lower on Wednesday, a day after Wall Street's strongest rally in seven months, as investors were disappointed with IBM's results and remained cautious ahead of the minutes of Federal Reserve's latest meeting.


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Wed, 17 Oct 2018 09:19:53 -0400

UPDATE 1-Alcoa to close two Spanish aluminium plants, cut jobs

Alcoa said on Wednesday it would close two of its three aluminium plants in Spain with a combined annual production of 180,000 metric tonnes, resulting in the lay off of almost 700 workers.


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Wed, 17 Oct 2018 09:13:40 -0400

UPDATE 3-Pompeo meets Erdogan after talks with Saudis on missing journalist

* Suspects named by Turkish media linked to Saudi prince -report


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Wed, 17 Oct 2018 09:05:01 -0400

UPDATE 1-U.S. frees Prudential Financial from more rigorous Fed oversight

A U.S. regulatory council announced on Wednesday it had removed the systemically risky label from Prudential Financial, freeing the insurance company from more rigorous oversight by the Federal Reserve.


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Wed, 17 Oct 2018 09:00:19 -0400

US STOCKS-Wall St set to drop at open after strong rally; Fed minutes awaited

* Futures dip: Dow 0.54 pct, S&P 0.41 pct, Nasdaq 0.59 pct (Changes comment, adds details, updates prices)


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Wed, 17 Oct 2018 09:00:00 -0400

Open source security management firm WhiteSource raises $35 mln

Open source security management firm WhiteSource said on Wednesday it raised $35 million in a funding round led by Susquehanna Growth Equity, with participation by existing investors 83North and M12 - Microsoft Ventures.


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Wed, 17 Oct 2018 08:45:44 -0400

U.S. removes 'systemic' oversight from Prudential Financial

A U.S. regulatory council announced on Wednesday it had removed the systemically risky label from Prudential Financial, freeing the insurance company from more rigorous oversight by the Federal Reserve.


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Wed, 17 Oct 2018 08:33:42 -0400

Brazil's Navy shortlists Embraer consortium for new defense contract

Jetmaker Embraer SA said the Águas Azuis consortium was shortlisted in a bidding process to supply four ships to the Brazilian Navy, according to a statement on Wednesday.


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Wed, 17 Oct 2018 08:28:46 -0400

UPDATE 1-Canada becomes first industrialized nation to legalize cannabis

Canada became the first industrialized nation to legalize recreational cannabis on Wednesday, but a lawful buzz will be hard to come by in its biggest cities like Toronto and Vancouver, which will have no stores open.


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Wed, 17 Oct 2018 08:28:23 -0400

GLOBAL MARKETS-World stock recovery loses steam as European auto sector takes beating

* Nikkei up 1.3 pct; Asia ex-Japan rises 0.6 pct (Rewrites throughout to reflect change in stock markets)


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Wed, 17 Oct 2018 08:25:46 -0400

UPDATE 1-Abbott Labs quarterly profit falls on higher tax expense

Abbott Laboratories reported a 6.6 percent drop in quarterly profit on Wednesday, hurt by higher tax expense on earnings.


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