Morning Bid: Japan holds, Bank of England up next
A look at the day ahead in European and global markets from Tom Westbrook The Bank of Japan left interest rates on hold, as expected, clearing the way for traders…
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US accuses CVS of filling, billing government for illegal opioid prescriptions
By Brendan Pierson (Reuters) -The U.S. Department of Justice announced a lawsuit on Wednesday accusing pharmacy chain CVS of filling illegal opioid prescriptions and billing federal health insurance programs, contributing…
SoftwareOne Holding jumps on $1.4 bln deal to buy Crayon Group
Investing.com — SoftwareOne Holding AG (SIX:SWON) on Thursday said it will buy Norwegian competitor Crayon Group (OL:CRAYN) in a deal valued at $1.4 billion. Shares of the software and cloud…
Micron shares plunge 14% after significant Q2 guidance miss
Investing.com — Micron Technology Inc (NASDAQ:MU) shares plummeted more than 14% in premarket trading Thursday after the chipmaker issued second-quarter guidance well below Wall Street expectations. The company forecast adjusted earnings…
European stocks tumble after Fed’s hawkish signal
By Sruthi Shankar (Reuters) -European stocks tumbled on Thursday, on course for their biggest percentage drop in five weeks, as investors fled riskier assets including equities and commodities after the…
Taiwan’s China Airlines splits $11.9 billion aircraft deal between Boeing and Airbus
TAIPEI (Reuters) -Taiwan’s China Airlines will split an order for its long-haul fleet renewal between Boeing (NYSE:BA) and European rival Airbus and buy freighters from the U.S. planemaker in a…
KKR extends tender offer period for Japan’s Fuji Soft to Jan 9
TOKYO (Reuters) – KKR extended on Thursday its tender offer period for Fuji Soft to Jan. 9 as it battles rival U.S. private equity firm Bain Capital for control of…
Analysis-Behind a potential Honda and Nissan tie-up, the existential threat posed by Chinese EVs
By Kantaro Komiya and Yoshifumi Takemoto TOKYO (Reuters) – Some unions are born of necessity, others from convenience. In the case of Honda (NYSE:HMC) and Nissan (OTC:NSANY)’s potential merger, it…
Citi sees ‘sharp dovish pivot’ from Fed in coming months
Investing.com — Citi strategists anticipate a “sharp dovish pivot” from Federal Reserve Chair Jerome Powell and the FOMC in the coming months, following hawkish updates to the Fed’s latest Summary…
Japan’s Seven & i plans to open 500 stores in US, Canada by 2027
TOKYO (Reuters) – Japan’s Seven & i Holdings said on Wednesday it plans to open 500 new convenience stores in the United States and Canada through 2027. Seven & i’s…