Episodes
The “yield curve” inverted – leading some investors to fear an impending recession. More woes in Italy as a major bank’s bonds were downgraded.
Published 12/05/18
Britain’s GlaxoSmithKline agreed to buy American biotech firm Tesaro for $5 billion. US local TV operator Nexstar is looking to bulk up with a $4 billion acquisition of rival Tribune.
Published 12/04/18
The G20 summit in Argentina led to the US and China agreeing to hold fire. SoftBank announced details of a $21 billion IPO of its mobile phone business.
Published 12/03/18
Stock markets around the world rose on Thursday, thanks to comments from the US central bank’s chair. Deutsche Bank’s stock dropped after its offices were raided by anti-money laundering police.
Published 11/30/18
South Korea handed out its biggest-ever financial fine – to none other than Goldman Sachs. Food giant Unilever’s eyeing a $3 billion acquisition of malted drink maker Horlicks.
Published 11/29/18
Uber was fined over $1 million for data breaches in Europe. Thomas Cook’s shareholders braced for an emergency landing.
Published 11/28/18
Black Friday brought in US ecommerce sales of $6 billion, a new record. Campbell Soup reached a compromise with an aggressive activist investor.
Published 11/27/18
Brexit came another step closer, but uncertainty still looms over markets. Investors ditched companies’ bonds, worried about rising interest rates.
Published 11/26/18
Italy’s latest government bond sale failed to blow the bloody doors off... The recent market turmoil has helped some emerging economies.
Published 11/23/18
Lower demand for Apple’s iPhones rocked yet another of its suppliers on Wednesday. Shares of UK defense contractor Babcock had a meltdown after worse-than-expected results.
Published 11/22/18
Results from retailers Target, Best Buy, Lowe’s, and Kohl’s weren’t the shopping party investors had hoped. Medical device maker Boston Scientific announced it was buying British rival BTG for $4.2 billion.
Published 11/21/18
The chairman of automakers Renault, Nissan, and Mitsubishi Motors was arrested on misconduct charges – sending shares in the companies off-road. British firm Ineos is eyeing up $3 billion-worth of oil and gas fields belonging to US giant ConocoPhillips.
Published 11/20/18
Chipmaker Nvidia’s stock fell 20% on Friday – and took Nintendo’s shares down 10% with it. Tom Cruise pulled off another Mission Impossible to save the day for Viacom.
Published 11/19/18
The UK government’s chaotic response to a draft Brexit agreement sent the pound and stocks down. Walmart reported a better quarter and forecast for the remainder of the year than expected – but its shares fell.
Published 11/16/18
Snap Inc. crackled and popped on Wednesday after regulators announced an investigation into the company. Germany’s economy shrank last quarter – for the first time in over three years.
Published 11/15/18
Investors dialled up Vodafone’s share price after it announced its dividend plans. Home Depot nailed up better-than-expected results.
Published 11/14/18
Investors in tobacco company BAT puffed out its shares on Monday as the US moved to ban vapes and menthols. German software company SAP announced a big acquisition – and it’s paying through the nose.
Published 11/13/18
The price of a barrel of oil dropped more than 20% from its four-year October high. Richemont needed to watch the pennies after a disappointing update.
Published 11/12/18
Trade war? What trade war? China’s exports to the US in October grew, surprisingly. Investors welcomed results from France’s Société Générale and Germany’s Commerzbank – but shirked Italy’s UniCredit.
Published 11/09/18
US midterm election results went largely as expected, which was good for stocks – but bad for the dollar. Adidas said it expects higher profit but lower sales for the year, with western Europe to blame.
Published 11/08/18
Investors’ nerves were jangling as jewellery company Pandora warned that its sales and profit would be even lower than expected. Quarterly results from pharma firm Eli Lilly and healthcare company CVS showed them in rude health.
Published 11/07/18
Investment companies took center stage, reporting positive results and buying back stock. Stress tests of European banks left British banks Barclays and Lloyds looking a little exposed.
Published 11/06/18
US stocks fell on Friday, rumbled by strong jobs data and limited progress on a trade deal with China. Alibaba’s quarterly results beat expectations, but its sales forecast fell below.
Published 11/05/18
Apple’s quarterly sales forecast fell short of investors’ expectations. US house prices continue to shoot up, while UK homeowners are having a tougher time.
Published 11/02/18
Shares of US consumer staples Kellogg’s and Clorox had an ugly day but France’s L'Oréal had a comparatively beautiful one. European banks’ results highlighted the importance of being global and diverse.
Published 11/01/18