(File) In this file photo taken on May 08, 2019, a pedestrian walks behind the logo of the Swiss banking giant UBS carved on the wall of its headquarters in Zurich. Fabrice Cofrini / Agency France-Press / Getty Images European stocks plunged on Tuesday amid concerns over the political climate …
Read More »Intel Near, S.K. Will deal with Hinix to sell the NAND memory unit
Intel Corpo. INTC 0.70% South Korea’s SK Hinix is close to a deal to sell a memory-chip unit Inc. 000660 1.64% For about billion 10 billion, the move will stabilize the semiconductor giant away from an area of historical significance that has become more challenging. Companies are discussing deals that …
Read More »U.S. Stock futures rise on stimulus negotiations, China’s growth
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 »Holiday Crunch starts early with more packages than a way to deliver them
A holiday item that is already sold out: Shipping capacity. Both FedEx Corpo. FDX 0.62% And United Parcel Service Inc.. UPS 0.23% Some of their larger shippers have said most of their capacity has already been spoken of, and will have to wait to pick up any additional trailers with …
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 …
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