Exclusive: Dell, VMware decide to explore options including merger – sources
(Reuters) – U.S. computer maker Dell Technologies Inc and business software provider VMware Inc have decided to explore options that could include a potential merger of the two companies, people familiar with the matter said on Thursday.
Blowout in bond yields rattles Asian stocks, buoys euro
SYDNEY (Reuters) – The euro neared multi-year peaks on Friday as talk of policy tightening in Europe and expectations that inflation is set to gear up boosted borrowing costs globally, a move that sparked a sell-off in Asian equities.
CFTC orders Deutsche Bank unit to pay $70 million penalty
WASHINGTON (Reuters) – The U.S. Commodity Futures Trading Commission said it issued an order on Thursday filing and settling charges against Deutsche Bank Securities Inc, a unit of Deutsche Bank AG, for attempted manipulation of the ISDAFIX benchmark a…
Alphabet names board veteran as chairman to succeed Schmidt
SAN FRANCISCO (Reuters) – Google parent Alphabet Inc replaced long-time Executive Chairman Eric Schmidt with board veteran John Hennessy, a former Stanford University president and one of search engine company’s first users, it said in a regulatory fil…
Strong iPhone prices, cash plans buoy Apple shares after muted outlook
Stronger iPhone prices and hints by Apple Inc on Thursday that it could return more than half of its $285 billion in cash to shareholders eased concerns among investors, even as the world’s biggest technology company gave a disappointing revenue outloo…
Bond yields, euro jump as reflation trade makes a comeback
SYDNEY (Reuters) – The euro neared multi-year peaks on Friday as talk of policy tightening in Europe and expectations that inflation is set to gear higher drove up borrowing costs globally.
Strong iPhone prices, cash plans buoy Apple shares after muted revenue forecast
(Reuters) – Apple Inc on Thursday gave a disappointing revenue forecast for the first three months of 2018 and its sales of iPhones over the holiday quarter missed Wall Street’s expectations, deepening concerns that enthusiasm for the iPhone has perman…
Amazon posts largest profit in its history on sales, tax boost
(Reuters) – Amazon.com Inc on Thursday reported a profit near $2 billion, the largest in its history, as the online retailer drew millions of new customers to its Prime fast-shipping club for the holiday season and as changes to U.S. tax law added to i…
Guess shares slump after model Kate Upton tweets about exec
(Reuters) – Guess Inc shares fell more than 17 percent on Thursday following a tweet by model and actress Kate Upton accusing the company’s co-founder of using his power to harass women.
Weaker estimates cast shadow over Visa’s profit beat
(Reuters) – Visa Inc reported a better-than-expected quarterly profit on Thursday, joining smaller rival Mastercard, as a solid holiday shopping season boosted transactions on its payment network.
