U.S. stocks tumbled after a Malaysia Airlines passenger jet near the Russia-Ukraine border rekindled worries about fighting in the region. WSJ’s Steven Russolillo joins the News Hub with Sara Murray.
Tag: DOW JONES INDUSTRIAL AVERAGE
VIDEO: Shire Seeks AbbVie Bid Of Close To 53 Pounds Per Share: Sources
According to people familiar with the matter, Shire Plc is seeking a higher takeover offer from U.S. drugmaker AbbVie that would value the company at about 31 billion pounds. Shire, which on Friday confirmed it has met with AbbVie to discuss a takeover, had asked AbbVie to sweeten its offer to close to 53 pounds… Continue reading VIDEO: Shire Seeks AbbVie Bid Of Close To 53 Pounds Per Share: Sources
VIDEO: Barron’s Buzz: Summer Bargains for Retail Stocks
The summer sales could apply to retail stocks which are cheap and undervalued, Jack Hough says in his Barron’s preview on the News Hub with Sara Murray.
VIDEO: Jaffe: Dow 17000 Is Just Another Number
Marketwatch’s Chuck Jaffe thinks Dow 17000 is just another number and attention on similar milestone marks draws attention away from larger issues.
VIDEO: How ISM’s Mistake Affected Markets
A big ‘whoops’ caused a market hiccup earlier Monday when the Institute for Supply Management sent out incorrect figures for May manufacturing. Steve Russolillo joins the News Hub with details. Photo: AP.
VIDEO: Great News For The Auto Industry: The Average Trade-In Has Stopped Aging So Fast
Growth in the age of the average trade-in has started to slow. That suggests one of the lessons of the Great Recession continues to wear off – the one where people realized they didn’t actually need to buy a new car anywhere near as often as they did in the previous decades. That’s great news… Continue reading VIDEO: Great News For The Auto Industry: The Average Trade-In Has Stopped Aging So Fast
VIDEO: Pfizer Abandons AstraZeneca Bid But Its Tax Issues Live On
So another multi-billion dollar proposed merger between corporate giants is kaput. Pfizer announced on Monday it is abandoning its unsolicited bid to acquire British pharmaceutical company AstraZeneca after the company rejected its offers four times. A less obvious ramification of the proposed deal, though, still must play out even though Pfizer is throwing in the… Continue reading VIDEO: Pfizer Abandons AstraZeneca Bid But Its Tax Issues Live On
VIDEO: Clock Ticking For Pfizer To Raise AstraZeneca Bid
Pfizer is considering raising its offer for AstraZeneca as it works with its advisers against the clock in a battle where they have just eight days left to move under British takeover rules. People familiar with the matter said, that Pfizer still hopes to get AstraZeneca into negotiations before the May 26 deadline for it… Continue reading VIDEO: Clock Ticking For Pfizer To Raise AstraZeneca Bid
VIDEO: Barron’s Buzz: The Big Money Poll
Barron’s senior editor Jack Hough joins the News Hub with a preview of Barron’s magazine.
VIDEO: ECB, Currency Traders Are at Odds
When ECB chief Mario Draghi complained Saturday that the strong euro is depressing the price of imported goods, feeding deflation and hurting weaker euro-zone countries, the market impact has been virtually indiscernible. Michael Casey joins MoneyBeat. Photo: AP.
VIDEO: Bitcoin Creator ‘Satoshi Nakamoto’ Unmasked–Again?
A month after a firestorm erupted over Newsweek’s claim that it “unmasked” the creator of bitcoin, a U.K. university has released a new study that points to a different candidate. Michael Casey joins MoneyBeat.
VIDEO: Hough: Air Canada Stock Has 40% Upside
Barron’s Senior Editor Jack Hough points out the skies could be friendly to investors when it comes to Air Canada stock, which he says has a 40% upside.