Good results from banks and om tomobile manufacturers on Friday are helping European stocks gain, while flash purchase managers index data reveals ongoing coronavirus epidemic struggles for the sector. U.S. Stock futures were moderately high. Stoxx Europe 600 Index SXXXP, + 0.84% According to Factset, the index has risen 0.6% …
Read More »
Walmart Inc. WMT -0.59% The Department of Justice sued the federal government in an attempt to strike a pre-emptive blow against what it said was an opioid-related civil lawsuit. The retail company said in a lawsuit filed Thursday that the Department of Justice and the Drug Enforcement Administration are seeking …
Read More »
AT&T The 10-day losing streak ends on Thursday morning after better-than-expected earnings were reported. Investors sold AT&T stocks ahead of its third-quarter results, with the 10-day loss streak losing more than 7% in the report. It moved the stock closer to its lowest in almost a decade. The results on …
Read More »
Goldham Sachs G.S. 0.77% Group Inc. after agreeing to a costly settlement to settle several government investigations into its government’s role in Malaysia’s bribery scandal. Seizes millions of dollars from top executives. Wall Street pay firm chief executive David Solomon will repay the money from his predecessor Lloyd Blankfein and …
Read More »
Mainz, Germany On a Friday in late January, Ugur Sahin received an email with bad news: A new study of a deadly new coronavirus in China suggests it is more contagious than previously thought. He believed the outbreak was likely to be an epidemic. The following Monday, the chief executive …
Read More »