Financial Markets

Unilever to sell margarine and spreads unit to KKR for $8 billion

LONDON (Reuters) - Unilever (L:ULVR) (AS:UNc) has agreed to sell its margarine and spreads business to KKR (N:KKR) for 6.8 billion euros ($8 …

Stock Markets

US stocks move broadly higher in morning trading; oil rising

U.S. stocks moved broadly higher in morning trading Friday, erasing modest losses from the day before. Technology companies, banks, and health care stocks were among the biggest gainers. Investors weighed the latest batch of company earnings news. They also kept an eye on Washington, where GOP …

Markets

Turkey stocks lower at close of trade; BIST 100 down 0.31%

Investing.com – Turkey stocks were lower after the close on Friday, as losses in the Telecoms, Electricity and Services sectors led shares lower.<p>At …

Stock Markets

News Highlights: Top Financial Services News of the Day

Private-Equity Firm Silver Lake Plays Rare Role: Predator<p>Bank Stocks Can Fight the Fed, for Now<p>At some point, higher interest rates may become a negative for banks, but not for a while. Despite the flattening of the yield curve, banks' net interest margins have been rising, and their stocks have …

Economy

Norway shares lower at close of trade; Oslo OBX down 0.59%

Investing.com – Norway equities were lower at the close on Friday, as losses in the Auto & components, Healthcare Equipment & Services and Media …

Markets

3 Top Factors That Will Send the S&P 500 Skyrocketing to 3,000

Rejoice bulls, the stock market may stay hot in 2018.<p>Or so says investment bank JPMorgan Chase & Co. (JPM) , which predicted this week the S&P 500 …

Investing

U.S. Weekly FundFlows Insight Report: Despite New Market Highs, Investors Are Net Redeemers Of Equity Funds For The Week

<i>By Tom Roseen</i><p>For the sixth week in a row, investors were net purchasers of fund assets (including those of conventional funds and ETFs), injecting …

Finance

Fin24.com | Why the JSE won't suspend trade of Steinhoff shares - yet

Suspending trade of Steinhoff shares will be prejudicial to shareholders and not the company, says JSE CEO Nicky Newton-King.

Business (South Africa)

10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, ORCL, JPM, DIX, FOXA)

Here is what you need to know.<p><b>The FCC repeals net neutrality.</b> The Federal Communications Commission voted 3 to 2 in favor of repealing net neutrality, which paves the way for broadband providers to sell different tiers of internet service but which critics say will leave consumers and web startups …

Business

Here's What's Expected to Ride the Bull Market in 2018

While 2018 likely will be another bull market year overall, strong earnings and confidence in the US economy are among the factors that particularly …

Research Papers

Chairman of Brazilian conglomerate Odebrecht to step down: paper

SAO PAULO (Reuters) - Emílio Odebrecht will resign as chairman of the board of the scandal-plagued Brazilian engineering conglomerate Odebrecht SA in …

Stock Markets

Sensex climbs as exit polls project BJP win in Gujarat

Benchmark equity indices gained ground on Friday after exit polls projected an electoral victory for the ruling BJP in Gujarat.<p>Indian markets, …

India

Here's a super-quick guide to what traders are talking about right now

<b>Dave Lutz, head of ETFs at JonesTrading, has an overview of today's markets.</b><p>US markets are looking at a higher open on Friday and heavy volume is expected.<br>• WTI oil is trading higher amid Iran angst.<br>• Bitcoin is at fresh highs.<p><b>Here's Lutz:</b><p>Good Morning! We have a heavy volume session ahead of us, with …

Markets

ANC conference: People, policy outcomes

File: ANC Presidential hopefuls Nkosazana Dlamini-Zuma and Cyril Ramaphosa. Photo: Flickr / GovernmentZA<p><b>By Ebrahim Fakir</b><p>The African National Congress …

News (South Africa)

Bitcoin set to create third type of money

Unlike any kind of money we have seen before, Bitcoin's creator is silent and anonymous.<p>In the long history of money, there have been essentially two …

Cryptocurrency

All Down Hill? Dow Drops 77 Points as Tax Concerns Hit Stocks

Stock opened up today following better-than-expected retail sales and jobless claims. From there, it was pretty much all down hill after <b>Marco Rubio</b> …

Markets

REFILE-US STOCKS SNAPSHOT-Wall St opens higher on tax bill optimism

(Adds drops word 'year' in first paragraph)<p>Dec 15 (Reuters) - Wall Street opened higher on Friday as investors were optimistic about the passage of …

Markets

Britain's finance minister in China to promote trade

Britain 's finance minister told the Chinese premier there are “many opportunities” for closer commercial ties as he started a visit Friday aimed at …

China

EU agrees stricter bitcoin rules against money laundering, terrorist financing

BRUSSELS (Reuters) - The European Union agreed stricter rules to prevent money laundering and terrorist financing on bitcoin platforms on Friday.<p>"The …

Stock Markets

Nigeria:Bank of the Year

[This Day] The United Bank for Africa has ended the year on a flying note, picking up some of the most important awards in the global and local …

Banking

S&P notches fresh high amid renewed optimism over tax reforms

December 15, 2017<p>US stocks opened firmly higher on Friday, bouncing back from the prior session’s sell-off amid renewed hopes that Republicans will …

Markets

Markets Right Now: Stocks move higher on Wall Street

The latest on developments in financial markets (All times local):<p>11:45 a.m.<p>Stocks moved broadly higher in midday trading, erasing modest losses from the day before.<p>Technology companies, banks, and health care stocks were among the biggest gainers Friday.<p>Investors were encouraged by signs that the …

Markets

Why 2018 should be a winner for European stocks

Serge Pépin, European Equities Investment Specialist at BMO Global Asset Management in London says Canadian investors should be looking to Europe for …

Stocks

10 things you need to know in markets today

Good morning! Here's what you need to know in markets on Friday.<p><b>1.</b><b>In a move that could fundamentally reshape the internet — and spur a new wave of legal wrangling — the Federal Communications Commission voted Thursday to repeal its net-neutrality rules.</b> The repeal is most likely mean higher prices …

Business

CANADA STOCKS-TSX rises, boosted by Linamar on acquisition news

TORONTO, Dec 15 (Reuters) - Canada's main stock index gained in early trading on Friday, as auto parts maker Linamar Corp LNR.TO jumped on news of a …

Stocks

Capitec ends year on a high

But the share has since surpassed that and was trading at about R958.47 on Thursday afternoon. Still, analysts polled by Business Day did not select …

Business (South Africa)

BRIEF-Kesoram Industries Approves Preferential Issue Of Shares To Manav Investment & Trading

Dec 15 (Reuters) - Kesoram Industries Ltd KSRM.NS :<p>* SAYS APPROVED PREFERENTIAL ISSUE OF SHARES FOR AMOUNT UP TO 3.50 BILLION RUPEES TO MANAV …

Markets

Alibaba a backer of EV startup Xiaopeng Motors

• Alibaba Group (NYSE:BABA), GGV Capital and Matrix Partners China all participated in a new funding round for electric vehicle manufacturer Xiaopeng …

Stock Markets

Sensex Jumps 216 Points After Exit Polls Give BJP An Edge

Exit polls showing the BJP winning Gujarat and Himachal Pradesh assembly elections gave a fresh push to domestic markets today, with the benchmark …

Himachal Pradesh

Friday 15 December 2017

Company news, markets and financial talking points, available from 8am Monday to FridayFalling sales and diving profits hit Sports DirectSports …

Walt Disney Company