M&T Bank buying People’s United in $7.6B all-stock deal
People’s United shareholders will receive 0.118 of a share of M&T common stock for each share they own. People’s United shareholders will collectively own approximately 28% of the combined business.
Hedge fund Bridgewater shakes up leadership after a losing year
Bridgewater Associates is shuffling its management ranks after one of the most challenging years in the hedge-fund giant’s history.
Stocks finish mixed as House Dems unveil $1.9T coronavirus stimulus bill
U.S. equity markets ended the day and week mixed.
Roku taps Quibi to fight streaming wars as it hunts for other deals
Roku chief executive Anthony Wood calls his company's purchase of Quibi short-form video content "cost-effective," hinting in a quarterly earnings call Thursday that Roku would consider other reasonably priced acquisitions.
Carl Icahn eyes scandal mired FirstEnergy
Billionaire investor Carl Icahn has signaled an interest in making a large purchase of voting shares from one of the country’s largest electric utilities, which is currently under investigation for its role in an Ohio bribery scandal.
Ilhan Omar's financial transaction tax would hurt Main Street: GameStop hearing expert
A financial transaction tax would not have prevented the stock-market dislocations caused during the GameStop trading frenzy, according to Congressional testimony.
Stocks fall but trim losses as White House floats more stimulus
U.S. equity markets pared their losses Thursday after the Biden administration declined to shoot down a report indicating an additional stimulus package could follow the president's $1.9 trillion proposal.
Gunmaker Sturm Ruger ramps up hiring as demand soars
Sturm Ruger & Co. is staffing up in order to meet the “historic surge” in gun demand that has depleted its inventory.
Stock-market investors riding wave of low rates might get blindsided
A stock-market pullback is coming, strategists warn.
ETFs with less transparency face slow rollout
Asset managers are rushing to launch a new breed of stock-picking exchange-traded fund, only to find that some of the biggest brokerages in the U.S. aren't yet willing to pitch them to clients.
Walmart profit misses as sales boom during holiday quarter, worker wage hikes planned
Walmart Inc. reported a disappointing fourth-quarter profit and warned that sales growth would slow in the current fiscal year.
Dow hits record as Chevron, Verizon gain on Buffett buys
U.S. equity markets ended mixed as investors kept a watchful eye on the bond market.
Housing the best performing sector of economy as fears mount over downturn
The National Association of Home Builders CEO Jerry Howard said Wednesday that although the housing market is currently the “best performing segment of the economy,” continuing regulation of the industry makes builders “really worried” about a potential downturn.
Stocks finish mixed as bond yields reach pre-coronavirus levels
Rising bond yields are taking the steam out of stocks.
MicroStrategy plans $600M bond sale to fund more bitcoin purchases
MicroStrategy Inc. is raising cash to fund its purchase of more bitcoin, the company said Tuesday.
CVS Health quarterly sales rise 4% on pharmacy boost
However, the company’s profit fell in the quarter ended Dec. 31, hurt by higher costs at its health insurance unit.
Biden shutting Dakota Access pipeline would cause food prices to spike
If President Biden were to shut down the Dakota Access pipeline Americans would face higher prices at the supermarket, according to experts.
President's Day and the stock market, banks: what to know
Most brick and mortar branches, including JPMorgan Chase and Wells Fargo, will be closed.
Stocks wrap winning week at records, oil nears $60 per barrel
U.S. equity markets closed at records in a choppy Friday session.
S&P, Nasdaq rally to records as semiconductors jump
U.S. equity markets ticked to record highs Thursday as investors continued to parse through quarterly earnings reports.



















