24/7 Wall St. Wire
24/7 Wall St. Wire Articles
ThinkstockAlthough Amgen Inc.’s (NASDAQ: AMGN) $10 billion offer for Onyx Pharmaceuticals Inc. (NASDAQ: ONXX) was unsolicited and not exactly a stalking horse bid, that’s what many observers...
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July 1, 2013: U.S. equity markets opened higher this morning after a blast of economic data from both Asia and Europe. In China, June manufacturing PMI slid lower. Japan’s economics minister said...
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courtesy of Ford Motor CompanyIn a deal to close a National Highway Transportation Safety Administration (NHTSA) investigation, Ford Motor Co. (NYSE: F) has agreed to conduct a “customer...
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ThinkstockThe U.S. Census Bureau reported this morning that construction spending in May rose by 0.5% to an estimated seasonally adjusted annual rate of $874.9 billion from an upwardly revised...
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ThinkstockThe Institute for Supply Management (ISM) has issued its report on business for the manufacturing sector, showing that growth resumed in June after contracting in the prior month. ISM’s...
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thinkstockThe owner of the Los Angeles Times, the Chicago Tribune and other major daily newspapers is spending about $2.73 billion to acquire 19 TV stations in 16 markets. The Tribune Company already...
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ThinkstockThat summer camping trip just got a little bit cheaper. The average price of a gallon of regular gas has dropped seven cents in the past week, from around $3.56 to $3.49. A month ago a...
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ThinkstockCancer-drug developer Onyx Pharmaceuticals Inc. (NASDAQ: ONXX) issued a terse press release yesterday, saying it had “received and rejected” a buyout offer from Amgen Inc. (NASDAQ:...
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June 28, 2013: U.S. equity markets opened lower this morning after a few days of stronger openings, mainly because investors were waiting for some economic data. They didn’t have to wait long as...
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Restaurant chain Noodles & Company (NASDAQ: NDLS) held its initial public offering (IPO) today, selling 5.4 million shares at $18 a share. The stock has since doubled, the first IPO of the year...
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ThinkstockGold futures for August delivery opened just shy of $1,200 an ounce this morning on the Comex, and have since gained more than 6% to trade right around $1,217. But the good news ends there....
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courtesy of SamsungFor the three months ending in May 2013, Samsung Electronics closed the market share gap slightly between itself and Apple Inc. (NASDAQ: AAPL) in the U.S. market. Apple’s share...
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ThinkstockTwo U.S. aluminum smelters, two more in Spain, and one in Italy have already been shut down by Alcoa Inc. (NYSE: AA) as the aluminum fabricator and miner tries to come to grips with the...
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ThinkstockThe preliminary June reading on the Thomson Reuters/University of Michigan consumer sentiment reading came in at 82.7. Today’s final June reading rose to 84.1, above a consensus estimate...
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ThinkstockThe Institute for Supply Management – Chicago reported that its purchasing managers’ index (PMI) reading for June fell to 51.6. That is down from a 14-month high of 58.7 in May, and...
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