Bloomberg Markets
Strategists at some of Wall Street’s biggest banks are looking past Friday’s tech-led selloff, saying earnings growth should support stocks through the end of the year.
Bloomberg Markets
Abu Dhabi National Oil Co. is selling a bumper volume of crude originating from inside the Persian Gulf to traders and refiners in Asia, in the first tenders of their kind for such grades since the Iran war began.
Bloomberg Markets
Intesa Sanpaolo offered to buy Banca Monte dei Paschi di Siena for €30.6 billion in a move that’s set to spur a new phase of dealmaking in Italian finance. It comes a day after Banco BPM pitched a merger of equals with Monte Paschi that would result in a combined entity worth close to €50 billion.
US food company Ingredion agreed to buy Tate & Lyle for £2.7 billion, in a move that marks the end of the UK company’s near-century on the London Stock Exchange.
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Yahoo Finance
Bloomberg Markets
Tencent Holdings Ltd. is preparing to raise around $3 billion in a dual-currency bond offering that could be priced as early as Tuesday, according to people familiar with the matter.
MarketWatch
Goldman Sachs’ research illustrates that while the stock market is closer to a dangerous bubble than it was a few months ago, an overall assessment of risk indicators is not that alarming.
MarketWatch
“I would like the money to grow.”
Yahoo Finance