This week’s earnings shine spotlight on China growth risk
(This version of the Oct. 22 story corrects paragraph 7 and 8 to remove reference that Wynn Resorts reports this Wednesday and add that company has not provided a date for its quarterly report. It also corrects the second paragraph to remove reference …
Dow, S&P 500 down as dollar rises, yield curve flattens
U.S. stocks were slightly lower in choppy trade on Monday as some investors showed earnings season nerves and the dollar strengthened, while long-dated U.S. Treasury prices edged higher.
Dow, S&P fall with energy, financials; tech boosts Nasdaq
The S&P 500 and Dow slipped in choppy trading on Monday following losses in energy and financial stocks but gains in technology sectors helped limit losses and lifted the Nasdaq.
Republican U.S. election sweep would boost short sellers: Lamensdorf
U.S. equity short sellers are rooting for a Republican sweep of Congress in U.S. elections on Nov. 6, which are seen as partly a vote on President Donald Trump’s pro-business policies, a leading Wall Street short seller said on Monday.
Arm CEO pulls out of Saudi conference: source
British chip designer Arm Holdings Chief Executive Officer Simon Segars has pulled out of the Saudi Arabia investment conference this week, a source familiar with the matter told Reuters on Monday.
Aegean picks Pratt & Whitney engines for its A320neo aircraft
Greece’s largest carrier Aegean Airlines picked U.S. engine maker Pratt & Whitney to power up to 62 Airbus A320neo aircraft, the carrier said on Monday.
Gilberto Benetton, co-founder of Benetton group, has died: sources
Gilberto Benetton, one of the co-founders of the Italian clothing retailer Benetton Group, has died, sources with knowledge of the matter said on Monday.
Wells Fargo pays $65 million to settle ‘cross-sell’ fraud claims with New York
Wells Fargo & Co will pay $65 million to settle claims that it misled investors about its “cross-selling” business strategy, the New York Attorney General’s office said on Monday.
Exclusive: Corona brewer Constellation seeks to sell U.S. wine brands – sources
Constellation Brands Inc , the U.S. producer of Corona and Modelo beers, is looking to sell some of its U.S.-based wine brands, in a deal that could be worth more than $3 billion, according to four people familiar with the matter.
Danone bets on healthy eating business to boost growth
Danone is banking on its expansion into the lucrative healthy eating business to produce sales growth that will beat the French food company’s rivals over the coming decade.
