Anadarko Petroleum adjusted profit falls 10%
Anadarko Petroleum Corp , which is being bought out by rival Occidental Petroleum Corp , reported a 10.4% fall in quarterly adjusted profit on Friday, hit by lower oil and gas prices.
S&P, Nasdaq hit closing records with help from Alphabet, Starbucks
Robust earnings from Alphabet and Starbucks pushed the S&P 500 and Nasdaq indexes to record highs on Friday, with support from data showing U.S. economic growth slowed less than expected in the second quarter.
Elon Musk’s Boring Co raises about $117 million in latest funding round
Elon Musk’s Boring Co raised about $117 million in its latest round of funding from 20 unnamed investors after offering to sell about $120 million in equity, the company disclosed in a regulatory filing on Friday.
London Stock Exchange in talks to combine with Refinitiv: source
The London Stock Exchange Group Plc (LSE) is in talks to combine with Refinitiv, less than a year after Blackstone Group Inc bought a majority stake in the data analytics platform in a $20 billion deal, a person familiar with the matter said on Frida…
Oil gains on U.S. economic data, Gulf crude tanker dispute
Oil prices inched up on Friday, ending the week higher after stronger-than-expected U.S. economic data brightened the crude demand outlook and concerns over the safety of oil transport around the Strait of Hormuz threatened supply.
T-Mobile says cost to close merger with Sprint should come down by 10%
T-Mobile US said on Friday that the cost required to acquire smaller rival Sprint will come down by 10 percent from the initial $26.5 billion following the divesture of assets to Dish Network.
Alphabet, Starbucks send Wall Street to record high
Robust earnings from Alphabet and Starbucks pushed the S&P 500 and Nasdaq indexes to record highs on Friday, with support from data showing U.S. economic growth slowed less than expected in the second quarter.
London Stock Exchange in talks to combine with Refinitiv: FT
The London Stock Exchange Group Plc is in talks to combine with financial data analytics and trading platform Refinitiv, the Financial Times reported on Friday, citing people briefed on the matter.
U.S. stocks bounce back; dollar climbs on GDP data, upbeat earnings
The S&P 500 and the Nasdaq hit fresh intraday highs and the dollar reached a two-month peak on Friday as strong economic data and a stream of upbeat earnings reports stoked investor sentiment.
Sprint, T-Mobile win U.S. antitrust approval for $26 billion merger
T-Mobile US Inc won U.S. antitrust approval for its $26 billion takeover of rival Sprint Corp, the Justice Department said Friday, clearing a major hurdle to a deal that merges the nation’s third and fourth largest wireless carriers.
