Bumpy year drags U.S. share listings back to 2009 levels
LONDON (Reuters) – New share listings in the United States has their worst year since 2009, Thomson Reuters data showed on Tuesday, as a number of deals were pulled or priced below their initial range.
Shari Redstone refused to sell stake in media empire – WSJ
(Reuters) – Shari Redstone refused an offer from her media mogul father Sumner to sell her 20 percent stake in the holding company that controls Viacom Inc and CBS Corp for $1 billion, the Wall Street Journal reported.
Obamacare, tech stocks boost Wall Street
(Reuters) – U.S. stocks ended stronger on Monday, helped by bounces in Apple and Microsoft as well as a rally in hospital stocks after more Americans signed up for subsidized health insurance.
Lockheed wins $1.17 billion deal for early work on more F-35 jets
WASHINGTON (Reuters) – Lockheed Martin Corp has won a contract worth $1.17 billion to buy titanium and other materials needed to build an 11th batch of F-35 fighter jets, the Pentagon said on Monday.
Ex-RBS trader pleads guilty in U.S. to defrauding customers
(Reuters) – A bond trader pleaded guilty on Monday to conspiring to defraud Royal Bank of Scotland Group Plc customers by misrepresenting the prices of bond transactions he and others handled for them in an effort to boost the bank’s profit.
Wall St. rebounds but dollar falls and oil touches 11-year low
NEW YORK (Reuters) – Brent crude oil prices touched their weakest level in more than 11 years on Monday on concerns of global oversupply, while Wall Street ended higher as investors went shopping after two days of sharp declines.
NetApp to buy flash storage maker SolidFire for $870 million
(Reuters) – Data storage equipment maker NetApp Inc said it would buy SolidFire, a flash-storage systems maker, for $870 million in cash.
U.S. ride-hailing firm Lyft plans to raise up to $1 billion in financing
(Reuters) – Ride-hailing company Lyft Inc, Uber Technologies Inc’s biggest competitor in the United States, is looking to raise up to $1 billion in a Series F funding round, according to filing provided by VC experts.
Wall St. slides on lower crude prices, options expiry
(This story corrects Dec. 18 item to change name of firm to Polaris Greystone Financial Group from Polaris Wealth Advisers in the fourth paragraph.)
Oil prices hit eleven-year low as global supply balloons
NEW YORK (Reuters) – Brent crude oil prices hit their lowest in more than 11 years on Monday, while U.S. crude flirted with seven-year lows on more signs that swelling global supply looked set to outpace tepid demand again next year.
