United Technologies, Raytheon slip after Trump comments on mega deal

(Reuters) – Shares of defense contractor Raytheon Co and United Technologies Corp pared gains on Monday after U.S. President Donald Trump said he was a “little concerned” about their $121 billion merger to create a new aero-defense company. Trump said the merger would harm competition and make it more difficult for the U.S. government to negotiate defense contracts. “I want […]

Read more

Nikkei surges, automakers rise as U.S. calls off tariffs on Mexico

* Automakers rise as investors unwind short positions – analyst * Banks, insurers underperform after U.S. yields drop * Mobile carries weak after report government to require carries to cut contract cancellation fees By Ayai Tomisawa TOKYO, June 10 (Reuters) – Japan’s Nikkei surged to near two-week highs on Monday morning led by automakers in reaction to U.S. President Donald […]

Read more

Stocks Gain, Treasury Yields Rise, Yen Retreats: Markets Wrap

In this article Asian stocks and U.S. equity futures climbed on Monday after President Donald Trump suspended his plans for tariffs on Mexico. Treasuries dropped and the yen retreated as demand for havens sank. The Mexican peso jumped the most in almost a year after the U.S.-Mexico agreement that was unveiled late Friday. Japanese and South Korean stocks climbed, as […]

Read more

3 Top Marijuana Stocks to Watch in June

With the U.S. commonwealth of Saipan deciding to make the leap from total prohibition to full-scale legalization, and conservative-minded Thailand also throwing its hat into the medical marijuana ring toward the tail end of 2018, the legal marijuana industry seemed to be on an unstoppable winning streak last year. Most pot stocks, as a result, sailed higher during the first […]

Read more
1 2 3 110