Eli Lilly said on Monday, it would buy Loxo Oncology for about $8 billion dollars in cash, buying into a portfolio of targeted medicines to treat cancers. The offer of $235 per share in cash represents a premium of about 68 percent to Loxo’s Friday close. Loxo’s shares surged 32.8 percent to $185.70 in light...
U.S stock index futures were slightly higher on Monday morning, after stronger-than anticipated jobs data and a dovish turn from the Federal Reserve helped to reduce concerns of a possible economic slow down. At around 4:00 a.m. ET, Dow Jones Industrial Average futures rose 43 points, indicating a positive open of more than 31 points....
Season’s Greetings to you all. We want to use this opportunity to wish all our customers a prosperous new year ahead starting from all the farmers banking with us, We greet you for all your handiwork for providing food on our table because without you we can’t have the zeal to move on with our...
Wealth managers at Swiss bank Credit Suisse have advised their high-net worthy clients to think about moving assets out of the U.K. due to the uncertainty surrounding Brexit, reports by Financial Times. The FT reported on Tuesday that clients with a net worth of at least $30 million, known as ultra- high net worth individuals...
Goldman Sachs has been under scrutiny for its role in helping raise funds through bond offerings for 1Malaysia Development Bhd (1MDB), which is the subject of investigations in at least six countries. Malaysia’s Attorney General Tommy Thomas said criminal charges under the country’s securities laws were filed on Monday against Goldman Sachs, its former bankers...
Check out the companies making headlines before the bell: Boeing, Embraer, HCA, Humana, UnitedHealth, Best Buy, PG & E ,Stanley Black &Decker, Goldman Sachs, Sherwin- Williams, Lululemon, ABB, EQT, Amazon.com, Alphabet, Bristol-Myers Squibb, Jack In The Box
European stocks traded lower Monday morning, amid escalating concerns of a sharp slowdown in global growth. In terms of stocks, retail was down the most, by more than 1 percent. UK retail stocks are making heavy losses on Monday. Meanwhile, basic resources found itself at the top of the best performing stocks, up 0.8 percent....
