Business
After a long drought, bear market funds attract buyers
NEW YORK Bearish stock investors are slowly coming out of hibernation, as money has begun to move into funds that aim to profit when markets dive.
Recent Business News
Third Point takes 1.6 million share stake in BlackRock, 4.5 million in Alibaba
NEW YORK Dan Loeb's Third Point took a 1.6 million-share stake in BlackRock Inc and reinitiated a stake in Alibaba Group Holding of 4.5 million shares during the second quarter ended June 30, according to regulatory filings late on Friday.
Cash-strapped SoundCloud gets new funds and top management
FRANKFURT SoundCloud, the world's most popular streaming music app, but one that has struggled to find a profitable business model, said it received new funding on Friday, insulating it from potentially running out of cash this year.
Anthem to exit Obamacare market in Virginia next year
U.S. health insurer Anthem Inc said on Friday it will exit Obamacare markets in Virginia and reduce its plan offerings in Washington and Scott counties and the city of Bristol next year.
Pentagon's empty posts cause uncertainty for defense contractors
WASHINGTON U.S. President Donald Trump's failure to fill dozens of senior-level positions at the Pentagon is making it difficult for defense contractors to forecast business.
Iran in talks to buy 48 Airbus helicopters: report
DUBAI Iran is holding talks with European planemaker Airbus to buy 48 helicopters for civilian use, an Iranian official was on Saturday quoted as saying, as Iran continues its shopping spree of Western aircraft after the lifting of sanctions.
Monetizing the Dallas Cowboys brand
Dallas Cowboys Chief Operating Officer Stephen Jones talks about maximizing the value of his team. Full Article
Markets
- U.S.
- Europe
- Asia
- Sectors
DOW | 21,858.32 | + 14.31 | +0.07% |
S&P; 500 | 2,441.32 | + 3.11 | +0.13% |
NASDAQ | 6,256.56 | + 39.68 | +0.64% |
TR US Index | 216.84 | + 0.33 | +0.15% |
Sector Summary
Energy | -0.68% |
Basic Materials | -0.18% |
Industrials | +0.09% |
Cyclical Goods & Services | +0.26% |
Non-Cyclical Goods & Services | +0.10% |
Financials | -0.50% |
Healthcare | +0.34% |
Technology | +0.67% |
Telecoms | -0.19% |
Utilities | -0.46% |