Markets news

Peru stocks higher at close of trade; S&P Lima General up 0.98%

18/08/2017 - 21:25 Category: Stock Market
Investing.com – Peru stocks were higher after the close on Friday, as gains in the S&P Lima Juniors, Banking&Financials and Mining sectors led shares higher. At the close in Lima, the S&P Lima General gained 0.98% to hit a new 52-week high. The best performers of the session on the S&P Lima General were Casa Grande (LM:CSG), which rose 4.

Flex receives approval for additional share repurchase

18/08/2017 - 20:38 Category: Stock Market
Investing.com - Flex Ltd (NASDAQ:FLEX) has received approval to purchase up to 20% of its shares outstanding, up to $500 million. This comes even after the company has repurchased $298.8 million worth of shares so far this year for a total of $2.6 billion. Flex's shares were indicated up almost 1% in the after hours session.

Brazil stocks higher at close of trade; Bovespa up 1.09%

18/08/2017 - 20:35 Category: Stock Market
Investing.com – Brazil stocks were higher after the close on Friday, as gains in the Financials, Real Estate and Electric Power sectors led shares higher. At the close in Sao Paulo, the Bovespa gained 1.09% to hit a new 3-months high. The best performers of the session on the Bovespa were Natura Cosmeticos SA (SA:NATU3), which rose 4.

U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.35%

18/08/2017 - 20:25 Category: Stock Market
Investing.com – U.S. stocks were lower after the close on Friday, as losses in the Telecoms, Consumer Goods and Healthcare sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average declined 0.35%, while the S&P 500 index lost 0.18%, and the NASDAQ Composite index lost 0.09%.

US stocks close lower as Dow posts weekly loss

18/08/2017 - 20:09 Category: Stock Market
Investing.com – U.S. stocks closed lower on Friday, as U.S. political uncertainty continued unabated, after White house chief strategist Steven Bannon resigned. "White House Chief of Staff John Kelly and Steve Bannon have mutually agreed today would be Steve's last day. We are grateful for his service and wish him the best," White House press secretary Sarah Huckabee Sanders said in a statement.

Tenet Healthcare shares spike following sudden board member resignations

18/08/2017 - 20:02 Category: Stock Market
Investing.com- Tenet Healthcare Corporation (NYSE:THC)shares spiked higher on Friday after Randy Simpson and Matt Ripperger have resigned the board due to "irreconcilable differences." Both board members joined as nominees of employer Glenview Capital Management. On Thursday, they issued a joint letter to the board with their immediate withdrawals.

Bitcoin slump continues as Bitcoin Cash rallies 60%

18/08/2017 - 19:25 Category: Forex
Investing.com – Bitcoin added to losses on Friday, a day after setting fresh all-time highs amid growing investor concerns that the digital currency could face a second split in November. On the U.S.-based Bitfinex exchange, bitcoin fell to $4,062.6, down $272.4 or 6.28%. Following the adoption of the first part of Segwit2x, a software upgrade to speed up transactions on the bitcoin network, investors feared that the second part of the Segwit2x update due November, could result in a second split in the blockchain supporting bitcoin.

Gold flat after rising above $1,300 as Trump’s chief strategist resigns

18/08/2017 - 18:11 Category: Commodities
Investing.com – Gold prices were roughly unchanged on Friday struggling to take advantage of a slump in the dollar, following continued political uncertainty in Washington as Steve Bannon resigned from his role as White House chief strategist. Gold futures for December delivery on the Comex division of the New York Mercantile Exchange rose $0.

Matson sees record-setting one-day sell-off

18/08/2017 - 17:44 Category: Stock Market
Investing.com - Matson Inc (NYSE:MATX) shares plunged on Friday amid concerns that new competition will hamper the company’s business. On Thursday, TOTE Maritime announced plans to establish a new shipping service to Hawaii and has signed a letter of intent to acquire up to four newbuild containerships similar in size to the Aloha-class vessels now being built for Matson.

Dollar down as Trump ousts White House chief strategist Steve Bannon

18/08/2017 - 17:21 Category: Forex
Investing.com – The dollar traded lower against a basket of global currencies on Friday, as U.S. political drama continued to weigh on sentiment, raising doubts over the Trump administration’s ability to push through its pro-growth economic agenda. The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, fell by 0.