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News

11 Nov US STOCKS-Apple, Goldman Sachs send Wall St tumbling

Posted at 21:31h in News by KMFSLLP 0 Comments

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* Indexes down: Dow 2.32 pct, S&P 1.97 pct, Nasdaq 2.78 pct (Updates to market close)

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11 Nov REUTERS SUMMIT-Bernstein sees no U.S. bear market soon despite ‘slow bleed’ overhang

Posted at 21:18h in News by KMFSLLP 0 Comments

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Six weeks of unusual U.S. stock market volatility are not dampening longtime market strategist Richard Bernstein's view that share prices will keep rising, even though the nine-year U.S. economic expansion has reached its late stages.

11 Nov Aussie shares poised to open lower tracking Wall St, NZ falls

Posted at 21:11h in News by KMFSLLP 0 Comments

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Australian shares are set to open lower on Tuesday, in line with overnight weakness on Wall Street as technology and financial stocks came under pressure. Energy stocks were also marked lower, expected to reverse course from Monday's...

11 Nov Theresa May says Brexit talks ‘in the endgame’

Posted at 21:06h in News by KMFSLLP 0 Comments

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Prime minister speaks after Michel Barnier says agreement ‘very largely defined’

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11 Nov UPDATE 1-Northwestern in JVs with strip mall REIT, future deals likely

Posted at 21:02h in News by KMFSLLP 0 Comments

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Northwestern Mutual has partnered with Phillips Edison & Co Inc, a real estate investment trust, in two joint ventures involving 20 grocery-anchored shopping centers with a total value of about $415 million, the companies said Monday.

11 Nov UPDATE 1-Brazil pension reform legislation unlikely in 2018 -Bolsonaro

Posted at 20:56h in News by KMFSLLP 0 Comments

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Brazil's Congress is unlikely to pass pension reform legislation this year, far-right President-elect Jair Bolsonaro said on Monday, a blow to investor hopes that caused the country's currency to weaken in futures markets.

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11 Nov Cost to insure GE debt hits highest since 2012 -IHS Markit, Refinitiv data

Posted at 20:41h in News by KMFSLLP 0 Comments

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The cost to insure debt in General Electric has hit its highest level since 2012 as bond prices have fallen, with some now trading far below par, according to data from IHS Markit and Refinitiv.

11 Nov UPDATE 2-Veritas Capital, Elliott to buy Athenahealth for $5.7 bln

Posted at 20:40h in News by KMFSLLP 0 Comments

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Private equity firm Veritas Capital and hedge fund Elliott Management are buying Athenahealth Inc for about $5.7 billion, the U.S. healthcare software maker said on Monday.

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11 Nov Babcock under MoD watch over submarine contract

Posted at 20:03h in News by KMFSLLP 0 Comments

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Move raises fresh questions over performance of UK’s second-biggest defence supplier

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11 Nov REUTERS SUMMIT-Guggenheim’s Minerd says high corporate debt bodes ill for U.S. economy

Posted at 20:02h in News by KMFSLLP 0 Comments

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Guggenheim Partners Global Chief Investment Officer Scott Minerd warned on Monday that the U.S. economy is on a collision course due to excessive corporate debt and said he has prepared by buying higher credit-quality investments.

News

11 Nov US STOCKS-Apple, Goldman Sachs send Wall St tumbling

11 Nov REUTERS SUMMIT-Bernstein sees no U.S. bear market soon despite ‘slow bleed’ overhang

11 Nov Aussie shares poised to open lower tracking Wall St, NZ falls

11 Nov Theresa May says Brexit talks ‘in the endgame’

11 Nov UPDATE 1-Northwestern in JVs with strip mall REIT, future deals likely

11 Nov UPDATE 1-Brazil pension reform legislation unlikely in 2018 -Bolsonaro

11 Nov Cost to insure GE debt hits highest since 2012 -IHS Markit, Refinitiv data

11 Nov UPDATE 2-Veritas Capital, Elliott to buy Athenahealth for $5.7 bln

11 Nov Babcock under MoD watch over submarine contract

11 Nov REUTERS SUMMIT-Guggenheim’s Minerd says high corporate debt bodes ill for U.S. economy

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