29.37 +0.05 (0.17%)
After hours: 6:45PM EST
|Bid||29.35 x 5900|
|Ask||29.36 x 1900|
|Day's Range||28.91 - 29.50|
|52 Week Range||21.77 - 29.50|
|PE Ratio (TTM)||16.78|
|Forward Dividend & Yield||0.48 (1.65%)|
|1y Target Est||N/A|
The operator of the Burger King fast-food chain in Brazil, BK Brasil Operação e Assessoria a Restaurantes SA, is expected to price its initial public offering near the top of the suggested price range, three people with direct knowledge of the matter said on Tuesday. Shareholders and banks underwriting the IPO will set pricing early on Thursday, said the sources, who asked for anonymity because they are not allowed to discuss the matter publicly. BK Brasil did not immediately comment on the matter.
A sharp reduction in volatility in the U.S. capital markets hurt trading revenues across the industry over the last two quarters – resulting in a notable decline in earnings for the banks that rely more on securities trading to make money.
U.S. stock futures are trending cautiously higher this morning, as focus remains on the Federal Reserve and the central bank’s interest rate policy. Against this backdrop, Dow Jones Industrial Average futures are up 0.18%, S&P 500 futures have added 0.10% and Nasdaq-100 futures are higher by 0.02%. Taking a closer look at Monday’s options activity, Tesla Inc (NASDAQ:TSLA) calls and puts were active as reports emerged that “hundreds” of Model 3s are now showing up at delivery centers.
LONDON/NEW YORK, Dec 12 (Reuters) - BHP , the world's largest miner, has asked four investment banks to help it prepare for either a sale or spin-off of its underperforming U.S. shale oil and gas unit, with a view to taking a decision in early 2018, sources said. It has hired Barclays and Bank of America-Merrill Lynch to assess options for the sale of assets, including whether they would be sold together or separately, as they may appeal to different potential buyers, the sources said. It has also asked Citi and Goldman Sachs to research the potential spin-off of the unit into a new company, the sources added.
By Helene Durand LONDON, Dec 11 - Anthony Vives de Montal, a director in Bank of America Merrill Lynch's public sector financing business, has left the bank, according to sources. Vives de Montal joined ...
U.S. stock futures are trading broadly higher this morning, putting the major market indices on track for fresh all-time highs. Wall Street is showing little fear ahead of Wednesday’s Federal Reserve meeting, when the central bank is expected to hike interest rates for the third and final time of 2017. Furthermore, the European Central Bank and the Bank of England are also scheduled to make policy announcements this week. Heading into the open, Dow Jones Industrial Average futures have gained 0.16%, S&P 500 futures have added 0.06% and Nasdaq-100 futures have rallied 0.09%.
By Helene Durand LONDON, Dec 11 - Anthony Martinez Vives, a director in Bank of America Merrill Lynch's public sector financing business, has left the bank, according to sources. Martinez Vives joined ...
Last August, Victor Rivera, a 36-year-old unemployed baker, left his hometown in northern Venezuela and made the two-day journey by road to the remote Amazonian city of Boa Vista, Brazil. Although work is scarce in the city of 300,000 people, slim prospects in Boa Vista appeal more to Rivera than life back home, where his six children often go hungry and the shelves of grocery stores and hospitals are increasingly bare. "I see no future in Venezuela," said Rivera, who seeks odd jobs at traffic lights in the small state capital just over 200 km (124 miles) from Brazil's border with the Andean country.
Rating Action: Moody's upgrades to A3 six gas prepay bonds guaranteed by Merrill Lynch. Global Credit Research- 08 Dec 2017. New York, December 08, 2017-- Moody's Investors Service has upgraded to A3 the ...
Yahoo Finance’s Jared Blikre breaks down the latest news for investors as the Federal Reserve begins its two-day FOMC meeting, having telegraphed to investors to expect a 25 bps (0.25%) raise in its benchmark federal funds interest rate.
Bank of America Merrill Lynch lowers its price target and profit forecasts for Electronic Arts shares due to poor sales of its "Star Wars Battlefront II" title.
Dec.11 -- Troy Gayeski, senior portfolio manager at SkyBridge Capital, Chris Harvey, head of equity strategy at Wells Fargo Securities, and Savita Subramanian, head of U.S. equity research at Bank of America Merrill Lynch, discuss Wednesday's Federal Reserve decision and the year ahead for the Fed. They speak on "Bloomberg Markets: The Open."