554 followers • 8 symbols Watchlist by Yahoo Finance
This basket consists of stocks that have attracted bad press.
Former BB&T CEO John Allison discusses why bank investors face a 'conundrum' in an inverting yield curve with Yahoo Finance's Seana Smith on "The Ticker."
Britain's competition regulator on Thursday blocked Sainsbury's proposed 7.3 billion pound takeover of Walmart owned Asda - a huge blow to the supermarket groups who wanted to combine to overtake market leader Tesco. The Competition and Markets Authority (CMA) ruling is also a major setback for Sainsbury's Chief Executive Mike Coupe, the architect of the deal and the group's boss since 2014.
In addition to a potential listing, the U.S. retailer may also revisit a sale, though interest from private-equity firms has so far been lukewarm, said the people, who asked not to be identified because discussions are private. Walmart plans to take its time to analyze the most feasible strategy for Asda and could opt to keep the business, one of the people said. A spokeswoman for Asda declined to comment.
Environmental activists held a protest outside Goldman Sachs's European headquarters in London on Thursday in attempt to underline what they say is the role the finance industry in fuelling climate change. ...
Britain's competition regulator on Thursday blocked Sainsbury's proposed 7.3 billion pound ($9.4 billion) takeover of Walmart owned Asda - a huge blow to the supermarket groups who wanted to combine to overtake market leader Tesco. The Competition and Markets Authority (CMA) ruling is also a major setback for Sainsbury's Chief Executive Mike Coupe, the architect of the deal and the group's boss since 2014.
LONDON (Reuters) - Environmental activists plan protests outside banks including Goldman Sachs, the Bank of England, Rothschild and Nomura on the final day of protests aimed at forcing Britain to take ...
Environmental activists plan protests outside banks including Goldman Sachs, the Bank of England, Rothschild and Nomura on the final day of protests aimed at forcing Britain to take action to avert what ...
Climate change protesters who have brought key parts of London to a standstill this month hit the City on Thursday morning in an effort to “swarm” the Square Mile and cause roadblocks targeting the financial sector. said in a statement on its website that it would “focus [on] the financial industry and the corrosive impacts of the financial sector on the world we live in”, adding that it would conduct “non-violent civil disobedient swarming on the roads of the City of London” in its last day of mass protests. The protest kicked off with at least seven protesters wearing RoboCop-style masks “glueing” themselves to the front entrance of the London Stock Exchange as rush hour began.
LEVITTOWN, N.Y. (AP) — Inside one of Walmart's busiest Neighborhood Market grocery stores, high resolution cameras suspended from the ceiling point to a table of bananas. They can tell how ripe the bananas are from their color.
Almost a year since British grocery giant J Sainsbury Plc clinched a clever 7.3 billion pound ($9.4 billion) deal to buy Walmart Inc.’s Asda, the U.K.’s Competition and Markets Authority has blocked the transaction. British supermarkets will have to continue to do their best to compete, with one potential response – combining as a way to cut costs and ease the pressure from price-slashing rivals – shut off to them. Mike Coupe, Sainsbury’s chief executive, can legitimately say he tried to do a deal that was in the best interests of consumers, employees and shareholders, but was prohibited from doing so.
LONDON (AP) — British competition regulators have blocked J. Sainsbury Plc's 7.3 billion-pound ($9.4 billion) purchase of Walmart's Asda unit, which would have created the U.K.'s biggest supermarket chain.
The UK’s competition regulator has blocked the proposed combination of J Sainsbury and Asda, saying it would lead to increased prices, reduced quality and choice of products and a poorer shopping experience for all of their UK shoppers.
a Federal Trade Commission fine for privacy violations that would be the regulator’s largest-ever civil penalty. The world’s largest social network could face damages as high as $5bn in the investigation stemming from the Cambridge Analytica scandal, as lawmakers have called for chief executive and majority shareholder Mark Zuckerberg to be held “individually liable”. Meanwhile, Facebook reported first-quarter results that exceeded projections and sent shares up more than 10 per cent in after-hours trading.
Britain's competition regulator will publish its final report on supermarket group Sainsbury's takeover of Walmart-owned rival Asda on Thursday, with most analysts and competition lawyers seeing little chance of the deal proceeding. Sainsbury's own share price - down 19 percent over the last three months - has also indicated an expectation that the Competition and Markets Authority (CMA) will either block the 7.3 billion pound takeover outright or conditionally approve it subject to remedies that would be so severe as to make the deal unpalatable. Sainsbury's and Asda agreed last April to combine their businesses, aiming to overtake market leader Tesco.
Learn the different roles that a broker-dealer can perform along with the top 15 broker-dealer firms in 2019 based on assets under management.
The world’s largest retailer said on Wednesday that the move would allow it to ensure supplies of quality Angus beef and meet demands from customers who want to know the origin of their meat. Normally, Walmart would buy Angus beef from companies like Tyson Foods Inc and Cargill Inc. Walmart has now arranged to source cattle from Texas rancher Bob McClaren of Prime Pursuits and 44 Farms, who said the retailer will sell no-hormones-added Black Angus beef.
Five-year credit default swaps were quoted at 1,157 basis points, a 17 percent increase in a day, according to prices compiled by Intercontinental Exchange, Inc. That puts the probability of a default over that period at more than 58 percent, up from 22.7 percent just one year ago, Bloomberg data indicated. Argentine bond spreads over Treasuries rose 89 basis points, the second day of gains, to 956 basis points, and the peso fell 3.7 percent. Markets are retrenching as support for President Mauricio Macri tumbles ahead of October’s election, with the economy enduring the second recession of his presidency.
The Justice Department has not charged Goldman in relation to the state-owned fund, 1Malaysia Development Berhad, known as 1MDB. Goldman, which is being investigated by Malaysian authorities and the Justice Department for its role in bond sales for the fund, has said it has not had settlement talks.
Bank of America Corp.'s annual shareholder meeting on Wednesday went smoothly compared to Wells Fargo & Co.'s contentious affair the day before.
Britain's competition regulator will publish its final report on Sainsbury's proposed 7.3 billion pound takeover of rival Asda on Thursday, with analysts and competition lawyers seeing little chance of the deal proceeding. Sainsbury and Asda were not immediately available for comment.