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Wall Street climbs at end of turbulent week

19 hours ago DieselGasoil Comments Off on Wall Street climbs at end of turbulent week
(Reuters) – Hopes of more official stimulus for the economy and the easing of a bond market rally drove a broad rise in U.S. stocks on Friday, as a bruising week for markets drew to a close. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., Read More

Wall Street set to bounce after turbulent week

20 hours ago DieselGasoil Comments Off on Wall Street set to bounce after turbulent week
(Reuters) – Hopes of more official stimulus for the economy and the easing of a bond market rally put Wall Street on track to open sharply higher on Friday, as a bruising week for markets drew to a close. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New Read More

Futures climb on stimulus hopes, Nvidia results

21 hours ago DieselGasoil Comments Off on Futures climb on stimulus hopes, Nvidia results
(Reuters) – U.S. stock index futures rose 1% on Friday, as hopes of more stimulus from central banks helped lift some gloom in what has been a turbulent week for markets. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., August 14, 2019. REUTERS/Eduardo Munoz The Read More

Factbox: Merged CBS and Viacom aim to join U.S. media big league

3 days ago DieselGasoil Comments Off on Factbox: Merged CBS and Viacom aim to join U.S. media big league
(Reuters) – CBS Corp (CBS.N) and Viacom Inc (VIAB.O) on Tuesday reached a deal to reunite media mogul Sumner Redstone’s U.S. entertainment empire after 13 years apart. FILE PHOTO: The CBS broadcasting logo is seen outside the CBS Broadcast Center in Manhattan, New York, U.S., July 30, 2018. REUTERS/Shannon Stapleton/File Photo The deal brings together Read More

CBS, Viacom reunite with plans for bigger role in streaming TV wars

3 days ago DieselGasoil Comments Off on CBS, Viacom reunite with plans for bigger role in streaming TV wars
(Reuters) – CBS Corp (CBS.N) and Viacom Inc (VIAB.O) have reached a deal to reunite media mogul Sumner Redstone’s U.S. entertainment empire, betting that a larger company will be able to compete and partner better in a media industry dominated by giants. FILE PHOTO: A trader works below the CBS Corporation logo on the floor Read More

ViacomCBS is just the beginning of Shari Redstone’s media deals

4 days ago DieselGasoil Comments Off on ViacomCBS is just the beginning of Shari Redstone’s media deals
NEW YORK (Reuters) – More than two months before CBS Corp (CBS.N) and Viacom Inc (VIAB.O) succeeded at a third attempt to recombine, controlling shareholder Shari Redstone had already decided the new company needed to get bigger. FILE PHOTO: The Viacom office is seen in Hollywood, Los Angeles, California, April 24, 2018. REUTERS/Lucy Nicholson/File Photo Read More

CBS, Viacom reach deal to reunite Sumner Redstone’s media empire

4 days ago DieselGasoil Comments Off on CBS, Viacom reach deal to reunite Sumner Redstone’s media empire
FILE PHOTO: A trader works below the CBS Corporation logo on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., May 14, 2018. REUTERS/Lucas Jackson/File Photo (Reuters) – CBS Corp (CBS.N) and Viacom Inc (VIAB.O) have reached a deal to reunite media mogul Sumner Redstone’s U.S. entertainment Read More

Futures slide amid geopolitical tensions, trade worries

4 days ago DieselGasoil Comments Off on Futures slide amid geopolitical tensions, trade worries
(Reuters) – U.S. stock index futures fell on Tuesday, tracking a global shift out of riskier assets, as investors grappled with simmering geopolitical tensions and fears of a recession due to a drawn-out U.S.-China trade war. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., August Read More

Wall Street falls on geopolitical tensions, recession fears

4 days ago DieselGasoil Comments Off on Wall Street falls on geopolitical tensions, recession fears
NEW YORK (Reuters) – U.S. stocks dropped in a broad sell-off on Monday as simmering geopolitical tensions spooked equity investors and drove a bond market rally while the protracted U.S.-China trade war stoked fears of impending recession. All three major U.S. stock indexes closed sharply lower in light trading, with little to soothe market jitters Read More

Wall Street slides on geopolitical, recession fears

5 days ago DieselGasoil Comments Off on Wall Street slides on geopolitical, recession fears
NEW YORK (Reuters) – U.S. stocks dipped in a broad sell-off on Monday as rising geopolitical tensions spooked investors away from equities and the extended U.S.-China trade war stoked fears of impending global recession. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., August 12, 2019. REUTERS/Eduardo Munoz Read More