Market News Stories
FRANKFURT (Reuters) – Germany’s Bayer named Frank Lutz as chief financial officer of its plastics unit MaterialScience, which it plans to float on the stock market as a separate company. Lutz, 45, is currently CFO of retail group Aldi Sued. … Continue reading
London (AFP) – Shoemaker to the stars Jimmy Choo unveiled plans Tuesday for a London stock market float valuing it at up to £800 million ($1.3 billion, 1.0 billion euros) to fund expansion in Asia. The company said in a … Continue reading
BERLIN (AP) — German online games company Goodgame Studios has for the first time revealed financial details of its business, amid speculation that it is planning a stock market flotation. The company said Tuesday it had revenues of 98 million … Continue reading
LONDON (ShareCast) – Encouraging data from the Chinese manufacturing industry pepped up most Asian markets, although Japan and India were both dragged lower in sympathy with Wall Street.The Shanghai composite index closed 0.87% higher after better than expected data from … Continue reading
Whether it was Alibaba’s IPO, the launch of the iPhone or the most recent FOMC meeting, most of the catalysts behind any kind of market move this side of midterm elections are in the rear view. Should you be afraid … Continue reading
There’s been so much to think about lately. Our new war against ISIS. NFL players behaving badly. Scotland’s independence referendum. The start of the fall premiere season on television. A year ago, it was all about Obamacare, the national debt, … Continue reading
By Jennifer Ablan and Dan Burns NEW YORK (Reuters) – Mohamed El-Erian expected to go quietly. The one-time heir apparent to Pimco investment chief Bill Gross had no idea leaving the firm would create a fire storm, and he gave … Continue reading
When economists and analysts discuss the state of U.S. economic growth, they often use the 2008 financial crisis as the benchmark of what would be a return to “normal.” James Galbraith, economist and author of, “The End of Normal,” uses … Continue reading
(Reuters) – Dark beer lovers take note. Starbucks Corp (SBUX.O) is testing a “dark barrel latte” in a handful of its cafes in Ohio and Florida. The non-alcoholic drink includes a chocolaty stout flavored sauce, whipped cream and dark caramel … Continue reading
NEW YORK (Reuters) – New York’s financial regulator said on Monday his agency will focus on cyber security over the next year, saying the possibility of a systemic attack to the financial system is one thing that keeps him awake … Continue reading
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