Investors seek protection against healthcare stock decline

Healthcare companies on a seven-year tear have been top performers so far in 2015, helping to push broad stock indexes to record levels, but traders are now looking to protect themselves from a selloff as they await major earnings reports in the sector.


UBS chairman says Greek default increasingly seen by IMF as controllable

UBS's (UBSG.VX) chairman said a default by Greece is seen by the International Monetary Fund as "systemically controllable" and he believed it would have a negligible impact on the Swiss bank itself, according to a newspaper interview published on Saturday.

Canon says owns 84 percent of Axis, won't raise offer

Canon Inc (7751.T) said on Friday it owned 84 percent of the shares in Swedish video-surveillance firm Axis AB (AXIS.ST), and said it was extending the period for other shareholders to accept but would not raise its offer price of 340 Swedish crowns per share.

Tech triumvirate propels Nasdaq, S&P to record highs

The Nasdaq Composite and S&P 500 chalked up record high closes on Friday, propelled by strong results from tech behemoths Google, Amazon and Microsoft.


Latest News

Starbucks Corp said on Thursday sales at its coffee shops in the Americas region grew more than expected, boosted by sales of breakfast sandwiches, lunch and new drinks, such as Flat White.
Global equity markets rode to new all-time highs on Friday, with positive corporate updates in Europe and a post-dotcom-boom peak for the U.S. Nasdaq stoking investor optimism.
Most U.S. companies so far this earnings season have managed to beat Wall Street profit forecasts despite weak sales, but investors hoping corporate headwinds have died down may need to temper their enthusiasm.
Asian shares weathered a soft reading on Chinese manufacturing on Thursday as it only whetted expectations for more policy stimulus there, while a sharp rise in British and German bond yields rippled through global debt markets.
U.S. stocks ended stronger on Wednesday as Visa's potential expansion into China and talk of a turnaround at McDonald's helped investors look beyond a mixed bag of quarterly earnings.
Japan's Bank of Tokyo Mitsubishi UFJ Ltd (BTMU) has invested $100 million to become the first foreign lender in decades to open a branch in Myanmar on Wednesday, said Chief Executive Officer Go Watanabe.
European stocks fell on Wednesday, failing to extend an overnight rally in Asia as investors looked to Greece's debt crisis and lurch towards possible default as an excuse to cash in gains chalked up earlier in the week.
Major U.S. stock indexes lost ground on lackluster earnings reports on Tuesday, while oil fell on concerns about U.S. crude stockpiles and Saudi Arabia's announcement that it ended its military campaign in Yemen.
Bill Gross of Janus Capital Group Inc said on Tuesday that German 10-year Bunds were "the short of a lifetime" and that the trade could earn 10-15 percent over a period of one to two years.
U.S. stocks were a mixed bag on Tuesday, with the Dow ending lower after a handful of uninspiring earnings reports while the Nasdaq closed near a record high following a proposed biotech merger.
  60 61 62 63 64 65 66 67 68  
Real Time Analytics