Tuesday, May 1, 2018

Google Alert - Financial Markets

Google
Financial Markets
As-it-happens update May 1, 2018
NEWS
NEW YORK (AP) — The latest on developments in financial markets (all times local):. Stocks are opening moderately lower on Wall Street after several companies reported disappointing results. Pfizer, the giant drugmaker, fell 2.6 percent in early trading Tuesday after its earnings fell short of analysts' ...
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Sidley Austin has appointed Michael Schiavone, Daniel O'Shea and David Ni have joined the firm's New York office as partners in the capital markets practice. The trio joins from O'Melveny & Myers LLP where Schiavone chaired the capital markets practice. The latest additions bolster the firm's capital ...
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If all the exemptions were ended, it would have deepened the impact of the tariffs on American companies that use steel and potentially affect financial markets. Stock prices fell nearly 2 percent when the tariffs were announced. Two people familiar with the process said the Trump administration had ...
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U.S. stocks have been in a massive bull market for years, but the outlook for future returns looks weak and has been rapidly getting weaker. According to Morgan Stanley, expectations for future returns are currently at an 11-year low, meaning they're at their weakest level since before the financial crisis.
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"CEO Tim Cook has explicitly stated that he is 'not a fan' of special dividends," wrote RBC Capital Markets analyst Amit Daryanani, who also pointed out that Apple has never been in the business of pursuing large acquisitions. He rates the stock at outperform with a $203 target price. The prospect of ...
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