A hedge fund that has a large stake in Tribune Publishing Co. Tipico 0.31% According to people familiar with the matter, the Chicago Tribune and the New York Daily News are seeking to buy the newspaper chain behind the headlines. Alden Global Capital LLC, which is already the Tribune’s largest …
Read More »Stock Futures Point to Extension Record-Setting Rally
U.S. Stock futures corrected on Tuesday, suggesting a day after major benchmark records closed could extend their rally. Futures tied with the S&P 500 and the Dow Jones Industrial Average rose nearly 0.4%. Both indices closed at an all-time high on Monday. Contracts on the Nasdaq-100 index rose 0.4%, indicating …
Read More »Asian markets are mostly higher, but stocks in China are falling amid Alibaba anti-trust checks.
Asian stocks were mostly higher on Thursday after mixed gains on Wall Street following mixed economics reports. Benchmarks rose in Tokyo, Hong Kong and Sydney. China’s market regulator says it has launched an anti-monopoly probe into e-commerce giant Alibaba Group 9988, after shares in Shanghai fell. -8.13% Baba, + 0.14%, …
Read More »Fresh Covid-19 Global Stocks Drop on Travel Ban, Oil Tumble
Global stocks fell Monday following a fresh travel ban on the rapid spread of coronavirus emerging from England, hitting the prospect of a global economic recovery another blow. Futures linked to the S&P 500 fell more than 1%, pointing to losses on the opening bell for the benchmark stocks gauge, …
Read More »Thomas Bravo has agreed to buy RealPage for 9. 9.6 billion
Private equity firm Thoma Bravo LPA has struck a deal to buy property-management-software software provider RealPage. Inc. R.P. -0.92% At 6 9.6 billion, one of the largest leverage buyouts in recent years. Company officials said Thomas Bravo is paying કંપની .75 per share for the company, a 1% premium to …
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