Traton trading at mid-point of IPO range in gray market
Shares in Volkswagen's truck unit Traton were trading on the gray market at around the mid-point of its initial public offering price (IPO) range ahead of its market debut on Friday.
Shares in Volkswagen's truck unit Traton were trading on the gray market at around the mid-point of its initial public offering price (IPO) range ahead of its market debut on Friday.
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Citi upgraded its rating of GrubHub shares to buy from neutral on Tuesday.
SpaceX used its high speed boat called "Ms. Tree" to catch the nosecone its Falcon 9 rocket after Monday's launch.
Buffett says he has no tensions with 3G Capital, Berkshire Hathaway's partner in troubled Kraft Heinz. 3G co-founder Jorge Paulo Lemann is "a good friend," he adds.
U.S. stocks opened flat on Tuesday, as rising tensions in the Middle East and signs that U.S.-China trade talks may generate little progress kept investors on the sidelines, ahead of a handful of speeches by Federal Reserve officials later in the day.
Gold, Switzerland's franc, Japan's yen, top-rated government bonds, and even bitcoin -- investors have dashed for havens and alternative assets this week as anxiety grows about trade wars, U.S.-Iran tensions and negative interest rates.
Trade anxiety and escalating tensions between the United States and Iran sent gold soaring to a six-year high on Tuesday, and saw traders dive back into safe-harbour government bonds and the yen and Swiss franc at the expense of the dollar.
Drugmaker AbbVie Inc said on Tuesday it would buy Botox-maker Allergan Plc for about $63 billion, grabbing control of by far the biggest name in medical aesthetics to help reduce its reliance on blockbuster arthritis treatment Humira.
Consumer goods giant Unilever said it would close its ice cream manufacturing facility in Henderson, Nevada, hurting about 300 jobs.
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U.S. consumer confidence fell to a 21-month low in June, with households a bit more pessimistic about business and labor market conditions amid concerns about a recent escalation in trade tensions between the United States and China.
Japanese beverage giant Suntory Holdings said it would work with rival Coca-Cola as well as Nestle to push the government in Vietnam, among the biggest contributors to plastic waste in the ocean, to create a large-scale recycling system.
U.S. June consumer confidence fell more than expected, hitting its lowest level since September 2017, according to a private sector report released on Tuesday.