(Reuters) – Electric car maker Fisker will publish a merger with a blank checking company backed by private equity firm Apollo Global Management Inc to a valuation of $ 2.9 billion, the companies said Monday. FILE PHOTO: The Fisker logo is seen on a Fisker Karma car at the “Auto …
Read More »Dow futures rise more than 200 points as investors prepare for the start of the earnings season
Stock index futures were aiming for a higher start on Monday as investors prepare for a tough earnings season and applaud the news that the Food and Drug Administration granted “fast track” status to a couple of candidates for vaccines produced by Pfizer Inc. and the German biotech firm BoNTech …
Read More »European stocks rise on eve of earnings season as traders look past virus spike
European stocks rose on Monday as optimism about second-quarter earnings offset a disturbing rise in coronavirus cases, including in the key US state of Florida. After rising 0.4% last week, the Stoxx Europe 600 SXXP, + 0.56% It gained 0.6%. The German DAX DAX, + 0.96%, French CAC 40 PX1, …
Read More »Shares in Europe rise on economic optimism
European stocks rose on Monday as signs of economic progress offset concerns about growing cases of coronavirus in the US and India. Up to 2% last week, the Stoxx Europe 600 SXXP, + 1.39% up 1.6%. Shares of HSBC Holdings HSBA listed in London, + 5.31% and STAN standard chartered, …
Read More »Advocacy groups in the US and the EU warn against the purchase of Fitbit by Google
WASHINGTON (Reuters) – Twenty advocacy groups from the United States, Europe, Latin America and elsewhere signed a statement on Wednesday urging regulators to be wary of Google’s $ 2.1 billion offer by fitness tracker company Fitbit. Inc (FIT.N) for privacy and competition reasons. FILE PHOTO: The Fitbit Blaze watch is …
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