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Viacom, AT&T negotiations weigh on possible CBS tie-up: sources

13 hours ago DieselGasoil Comments Off on Viacom, AT&T negotiations weigh on possible CBS tie-up: sources
(Reuters) – Viacom Inc’s bitter contract renewal talks with AT&T Inc’s DirecTV that could see the blackout of MTV, Nickelodeon and Comedy Central by midnight Friday are weighing on a possible tie-up of CBS and Viacom, sources familiar with the discussions said. FILE PHOTO: The Viacom office is seen in Hollywood, Los Angeles, California, April Read More

NW Natural Water Signs Agreements to Purchase Water Companies in Idaho and Washington

16 hours ago DieselGasoil Comments Off on NW Natural Water Signs Agreements to Purchase Water Companies in Idaho and Washington
PORTLAND, Ore., March 22, 2019 (GLOBE NEWSWIRE) — NW Natural Water Company, LLC (NW Natural Water), a subsidiary of Northwest Natural Holding Company (NYSE:NWN) (NW Natural Holdings), has signed agreements through its subsidiaries to acquire six water utility systems and one water and wastewater management company, together serving nearly 1,200 water distribution connections and managing Read More

Yield curve inverts for first time since 2007 on global growth worries

17 hours ago DieselGasoil Comments Off on Yield curve inverts for first time since 2007 on global growth worries
Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., March 22, 2019. REUTERS/Brendan McDermid NEW YORK (Reuters) – U.S. markets received a clear warning of coming recession on Friday when the spread between yields on three-month Treasury bills and 10-year notes fell below zero for the first time Read More

Wall Street stumbles as investors spooked by signs of economic slowdown

18 hours ago DieselGasoil Comments Off on Wall Street stumbles as investors spooked by signs of economic slowdown
NEW YORK (Reuters) – Wall Street stocks sold off sharply on Friday, with all three major U.S. stock indexes dropping between 1 and 2 percent as weak factory data from the United States and Europe led to an inversion of U.S. Treasury yields, fueling fears of a global economic downturn. Traders work on the floor Read More

Wall St. tumbles as weak factory data fuels slowdown worries

19 hours ago DieselGasoil Comments Off on Wall St. tumbles as weak factory data fuels slowdown worries
(Reuters) – Wall Street’s main indexes tumbled about 2 percent on Friday after a raft of weak manufacturing data from the United States and Europe led to an inverted yield curve, stoking fears of an economic slowdown. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) after the opening bell Read More

Tiffany sticks to 2019 targets, helped by e-commerce; shares rebound

20 hours ago DieselGasoil Comments Off on Tiffany sticks to 2019 targets, helped by e-commerce; shares rebound
(Reuters) – Luxury retailer Tiffany & Co said Friday it expected earnings growth to resume in the second half of the year, helped by a healthy e-commerce business, a forecast that allowed investors to look past slightly disappointing quarterly sales. FILE PHOTO: A Tiffany & Co logo is seen outside the store on 5th Ave Read More

Wall Street falls as weak factory data fuels slowdown worries

21 hours ago DieselGasoil Comments Off on Wall Street falls as weak factory data fuels slowdown worries
(Reuters) – Wall Street’s main indexes declined about 1 percent on Friday after a raft of weak manufacturing data from the United States and Europe led to a yield-curve inversion, stoking fears of an economic slowdown. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) after the opening bell in Read More

Nike shares dip on North America weakness but Wall Street remains upbeat

23 hours ago DieselGasoil Comments Off on Nike shares dip on North America weakness but Wall Street remains upbeat
(Reuters) – Shares of Nike Inc fell 4 percent on Friday after the sportswear maker’s North America sales fell short of estimates for the first time in a year, but Wall Street analysts seemed more enthused about its new products and online growth. FILE PHOTO: Nike shoes are seen on display in New York, U.S., Read More

Tiffany holiday-quarter sales miss expectations on weak tourist spending

1 day ago DieselGasoil Comments Off on Tiffany holiday-quarter sales miss expectations on weak tourist spending
FILE PHOTO: A Tiffany & Co logo is seen outside the store on 5th Ave in New York, New York, U.S., March 19, 2019. REUTERS/Carlo Allegri (Reuters) – Tiffany & Co narrowly missed Wall Street estimates for quarterly sales on Friday, two months after the luxury retailer signaled soft demand in the holiday season because Read More

Eisai starts phase 3 trials for second Alzheimer's drug after first's failure

1 day ago DieselGasoil Comments Off on Eisai starts phase 3 trials for second Alzheimer's drug after first's failure
TOKYO (Reuters) – Eisai Co Ltd on Friday said it has begun phase 3 clinical trials of Alzheimer’s treatment BAN2401, a day after the Japanese drugmaker and U.S. partner Biogen Inc scrapped trials for another Alzheimer’s drug, aducanumab. The logo of Eisai Co Ltd is displayed at the company headquarters in Tokyo, Japan, March 8, Read More