By Caroline ValetkevitchNEW YORK (Reuters) - The S&P 500 and Nasdaq rose slightly on Tuesday as news of a major railroad acquisition helped sentiment, but the Dow edged lower on caution before a Federal Reserve statement on interest rates and the economy.Morgan Stanley's downgrade of semiconductor stocks also limited a...
By Caroline ValetkevitchNEW YORK (Reuters) - The S&P 500 and Nasdaq rose slightly on Tuesday as deal news bolstered views that improved merger activity could signal economic strength. But the Dow edged lower after a downgrade of the tech sector.Limiting gains was Morgan Stanley's downgrade of semiconductors, which weighed on...
By Caroline ValetkevitchNEW YORK (Reuters) - The Dow dipped while the S&P 500 and Nasdaq rose slightly on Tuesday as a Morgan Stanley downgrade of semiconductors weighed on the sector, while deal news bolstered views that merger activity was picking up.Warren Buffett's Berkshire Hathaway BRKa agreed to buy Burlington Northern...
By Michael Erman and Bhaswati MukhopadhyayNEW YORK/BANGALORE (Reuters) - Stanley Works SWK struck a deal to buy rival Black & Decker Corp BDK for $3.46 billion in stock, combining a top hand tool maker and power tool maker to benefit from higher margins and cost savings.The companies said the driving...
By Chuck MikolajczakNEW YORK (Reuters) - U.S. stocks rose on Monday after another round of solid economic reports but pulled off session highs after a Federal Reserve official's warning about banks' loan losses.The three major indexes had previously risen about 1 percent earlier in the session as stronger-than-expected data on...
Theflyonthewall.com is Wall Street's specialist in breaking equity news. Veteran traders build a proprietary feed of news that's faster and more relevant than any other source. Try us for free and discover for yourself.
Stanley Works (NYSE: SWK) closed yesterday at $49.27. So far the stock has hit a 52-week low of $22.61 and 52-week high of $51.20. Stanley Works stock has been showing support around 48.20 and res...(Click the story link or go to http://www.marketintelligencecenter.com for the full story)
Fitch has a slightly more positive view than Standard & Poor’s of the prospects for US retailers and consumer products companies. We featured S&P’s outlook earlier this week, in which S&P said that industries that depend on discretionary consumer spending may not rebound anytime soon.
Fitch says it expects increased stability among retailers as cash flow [...]
In my previous post on the Allied-Ares merger arbitrage opportunity, I introduced a topic which I realized I’ve never quite talked about here on The Curious Investor. As I intend this blog for both beginning investors and seasoned investors alike, here’s a run down on the concept of merger arbitrage.[More...]
In my previous post on the Allied-Ares merger arbitrage opportunity, I introduced a topic which I realized I’ve never quite talked about here on The Curious Investor. As I intend this blog for both beginning investors and seasoned investors alike, here’s a run down on the concept of merger arbitrage.
What ...
In my previous post on the Allied-Ares merger arbitrage opportunity, I introduced a topic which I realized I’ve never quite talked about here on The Curious Investor. As I intend this blog for both beginning investors and seasoned investors alike, here’s a run down on the concept of merger arbitrage.
What is arbitrage?
Rigorously speaking, arbitrage [...]
Get daily news and insights for the advertising, automotive, energy, financial services, food, health care, media, pharmaceutical, retail, technology, and travel industries.
