Vantiv, J.P. Morgan Make Takeover Approaches for U.K.'s Worldpay
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U.K. payment-processing company Worldpay said it had received preliminary takeover approaches from U.S. rival Vantiv and J.P. Morgan. A deal could be valued at more than $9 billion based on its market capitalization.
Hedge Funds Flock to Europe, Thinking Worst Is Over
Bets on stocks in Italy, France and Spain-long laggards compared with the U.S.-have given some global hedge funds returns of more than 20% so far this year compared to 3% for the average hedge fund.
China's PBOC Opens Up Bond Market to Overseas Credit Rating Firms
China's central bank is allowing foreign credit-rating firms access to the country's $9 trillion domestic bond market after the rollout of the so-called Bond Connect program linking the market with Hong Kong.
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Australia's Central Bank Holds Rates Steady
Australia's central bank left interest rates unchanged Tuesday but surprised some market participants by sticking to a neutral tone on policy despite recent signs of improvement in the economy and a swing toward more-hawkish guidance among its global counterparts.
How a Glitch Made It Look Like Apple Lost $104 Billion in Market Value
A flood of incorrect stock-market data briefly hit traders' screens, showing apparent huge moves in the Nasdaq-listed share prices of some of the world's biggest companies.
U.S. Banks' Quarterly Trading Revenue Up 26%
U.S. banks' trading revenue increased 26% in the first quarter from a year earlier, largely thanks to a boost in interest-rate and foreign-exchange trading, a regulator said Monday.
Reeling From Banking Crisis, Ukraine May Ban Auditor PwC
The government of Ukraine said it may ban PricewaterhouseCoopers from conducting bank audits in the country, the latest in a string of controversies involving the Big Four accounting giant.
Fed's Yellen Briefly Hospitalized Over Weekend
Federal Reserve Chairwoman Janet Yellen was hospitalized over the weekend in London for a urinary tract infection, the Fed said in a statement Monday.
Barclays Ex-CEO in Court on Fraud Charges
He and three other former executives appeared in a West London court Monday to face fraud charges over deals struck to secure emergency Mideast funding during the financial crisis.
Jana Takes Roughly 5% Stake in EQT
Jana Partners has taken a roughly 5% stake in EQT Corp. and is seeking to scuttle the energy company's proposed $6.7 billion acquisition of Rice Energy.
(END) Dow Jones Newswires
July 04, 2017 07:16 ET (11:16 GMT)