BAT to Start Buyback After Selling Up to $2.1 Billion of ITC
British American Tobacco Plc, the maker of Lucky Strike cigarettes, plans to sell as much as $2.1 billion of shares in Indian partner ITC Ltd. in a move that…
Source: biztoc.com
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Boeing's Calamities Push Stock to Its Widest Gap With Airbus Ever
As the troubles faced by Boeing Co. deepen and reverberate through the airline industry, the planemaker is falling even further behind its biggest competitor,…
Source: biztoc.com
Chinese Stocks Gain 20% From Lows, Fueling Market Bottom Calls
A rally in Chinese stocks has sent a number of benchmarks surging 20% from lows, a sign that the battered market may be headed for a more sustainable uptrend…
Source: biztoc.com
Barclays Says Sell US Treasuries After 'Excessive' Bond Rally
Investors should consider selling 10-year Treasuries as the resilience of the world’s largest economy makes the recent US bond rally look overdone, according…
Source: biztoc.com
Oracle Jumps as 'Large' New Cloud Contracts Spur Revenue Growth
Oracle Corp. surged 11% after signaling that growth in its closely watched cloud computing business is stabilizing, showing progress in its bid to capture…
Source: biztoc.com