U.S. Stock futures rose on Monday, pointing to gains in key indices earlier in the week, as investors evaluated fresh stimulus packages and the prospect of China’s economic recovery. Futures linked to the S&P 500 are up 0.7%, indicating that the gauge will increase after New York’s opening llnt. Contracts …
Read More »Stock-market bulls count on consumer strength – should they?
The Bulls assure the American consumer – and the stock market – will hold a fine, even if politicians fail to allow a second round of financial stimulus before next month’s election. Some economists, however, are skeptical about how much electricity consumers will be able to buy after the accepted …
Read More »The first citizens to buy CIT Group
First Citizens Bankshares Inc. FCNCB 16.66% Said on Friday that it plans to buy CIT Group Inc. C.I.T. 27.94% In all-stock deals worth about 2 2.7 billion. The combination of New York City-based Raleigh, NC and CIT-based First Citizens Will create more than 100 billion in assets from one of …
Read More »Tab Tab B, Coca-Cola Diet-Soda Pioneer and the ’70s Sign, Is Going Away
The soda giant’s first diet cola was a culture icon in the 1970s and early ’80s, then pale after the launch of Diet Coke. Although the market share of Tab Tab became almost non-existent, the beverage company continued the brand for decades to please a fairly dedicated base known as …
Read More »Pfizer will be able to apply for emergency use of the Covid-19 vaccine in late November
Pfizer Inc. P.F.E. -0.84% Said it may be ready to apply for emergency-use authorization of its Covid-19 vaccine by the end of November, believing that in late-stage human trials will yield positive efficacy and safety data, the first time it or any other leading Western vaccine developer This kind of …
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