USA Dow halts 7-day losing streak; oil soars 3% Yomna Yasser Aug 4, 2016 0 U.S. stocks ended slightly higher Wednesday, amid a sharp rebound in oil prices, while the Dow snapped a seven-day…
USA Wall Street holds higher after US oil inventory data; energy, financials lead Yomna Yasser Aug 3, 2016 0 U.S. stocks traded slightly higher Wednesday despite a surprise build in oil inventories, while investors digested…
USA Dow extends decline to 7 days; Nasdaq halts 5-day winning streak Yomna Yasser Aug 3, 2016 0 U.S. Stocks ended lower Tuesday as U.S. oil settled below $40 for the first time since April and as the Dow closed…
USA Dow briefly drops 100 points, Nasdaq off 1%, as stocks track global markets Yomna Yasser Aug 2, 2016 0 U.S. stocks traded lower on Tuesday, following global stock markets lower, particularly in Japan and Europe. The…
Industry & Trade AstraZeneca earnings hit by waning cholesterol drug sales Noha Gad Jul 28, 2016 0 Generic competition to cholesterol buster Crestor in the U.S. market pushed second-quarter earnings down by nearly…
Industry & Trade WellCare, Centene make offers for Aetna assets Noha Gad Jul 10, 2016 0 WellCare Health Plans Inc (WCG.N) and Centene Corp (CNC.N) have made competing offers for the Medicare Advantage…
Industry & Trade Egypt amends investment law in bid for increasing FDI Yomna Yasser Jul 9, 2016 0 According to the World Investment Report 2016, the Egyptian government has amended its investment law in order to…
World U.S. stocks open lower as global growth fears resurface Yomna Yasser May 3, 2016 0 Wall Street opened lower Tuesday as weak Chinese economic data and a surprise rate cut by the Australian central…
USA U.S. stocks positive after initial Brussels attacks reaction Yomna Yasser Mar 22, 2016 0 U.S. stocks traded narrowly higher Tuesday following news of explosions in Belgium's capital that killed more than…
Industry & Trade Venezuela uses distressed bonds to settle debts with drugmakers Noha Gad Mar 7, 2016 0 Venezuela has settled debts with at least three global drug companies by giving them bonds that trade at a heavy…