U.S. equities finished mixed on Tuesday, hitting fresh all-time highs early in the session before some selling pressure hit the tape and prices drifted lower. There is no major catalysts in play, just a continuation of recent themes: Vague positive feelings about President Trump’s plans, relatively strong quarterly results and a comfortable impression that the Federal Reserve isn’t in....more>>>
Under Armour Inc. (NYSE: UA) sawits shares slump in Wednesdays session after one key independent research firm released a report downgrading the company. Although the firm expects Under Armour to post strong revenue going forward, Argus thinks that further expansion of the business will require substantial investment, which will add debt and interest expense and weigh on earnings growth.
China just moved a step closer to acquiring one of America’s oldest stock exchanges, despite security concerns raised by some in Congress.
This week a U.S. panel that examines foreign deals for potential national security concerns cleared the purchase of the 134-year-old Chicago Stock Exchange by a China-led group of investors.
The Chicago Stock Exchange said the Committee....more>>>