Apparel maker PVH Corp reported a 38 percent rise in second-quarter profit on Wednesday, helped by higher sales of its Calvin Klein and Tommy Hilfiger brands.
Activist hedge fund Elliott believes Walt Disney’s deal to buy assets from Twenty-First Century Fox has valued Sky at more than $34 billion, higher than any of the current offers for the British broadcaster, Britain’s takeover regulator disclosed on Wednesday.
Sinclair Broadcast Group Inc on Wednesday filed a counterclaim to a lawsuit by Tribune Media Co seeking $1 billion for what Tribune said was a breach of contract over a proposed merger.
Wall Street extended its rally on Wednesday, with the S&P 500 and the Nasdaq hitting record highs for the fourth straight session as technology companies pushed indexes higher and promising trade negotiations stoked investor sentiment.
An online army of skeptics and amateur sleuths that has spent years promoting bets against Tesla Inc senses an opportunity to renew pressure on the electric carmaker after the failure of Chief Executive Elon Musk’s plan to take it private.
Canada said an agreement to salvage the trilateral North American Free Trade Agreement (NAFTA) is possible by a Friday deadline, but it will be hard work to resolve specific issues as talks with the United States entered a second day.
Mexico should seek exclusion from U.S. tariffs on steel imports before closing the renegotiation of the North American Free Trade Agreement (NAFTA), the country's steel industry association CANACERO said in a statement on Wednesday.
Mexico's President Enrique Pena Nieto said on Wednesday that he is optimistic that the country will reach a trilateral deal on the North American Free Trade Agreement (NAFTA) with the United States and Canada.
U.S. President Donald Trump said on Wednesday that American and Canadian officials negotiating a revamped North American Free Trade Agreement (NAFTA) were probably set to meet a Friday deadline for an accord.
U.S. federal regulators on Wednesday ordered BNP Paribas to pay a $90 million civil penalty after settling charges against BNP Paribas Securities Corp [BNPPSS.UL] for attempted manipulation of the ISDAfix benchmark.
Invesco's alternative investment strategist also tells Reuters' Fred Katayama that small investors who want to keep their portfolio simple can consider multi-alternative mutual funds.
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