Market Pulse - Usa
Boeing agrees to acquire drone maker Aurora Flight Sciences
Aerospace giant Boeing announced on Thursday that it would be buying its long-term partner Aurora Flight Sciences in an effort to diversify its portfolio further by adding futuristic technologies like the eVTOL flying taxi currently under development in conjunction with Uber.
US close: Stocks continue record run amid slew of data
Stocks on Wall Street finished in the green on Wednesday, continuing the record run seen in previous sessions.
Mylan surges in pre-market trading after MS drug gets FDA approval
US-based generic and speciality pharmaceuticals company Mylan announced on Tuesday that the US Food and Drug Administration (FDA) had approved two doses of its generic equivalent to Teva's drug Copaxone, which generated $1. 02bn worth of sales in the second quarter of 2017, used to treat relapsing forms of multiple sclerosis.
US services growth remains robust, though future expectations ease
US services sector activity strengthened further in September, a closely followed survey indicated on Wednesday, with a slight easing in the rate of growth that was expected due to disruption caused by hurricanes Harvey and Irma.
Uber eyes IPO after accepting massive Softbank investment
Uber's board of directors approved a massive investment Japanese telecommunications group Softbank on Tuesday evening along with a number of changes to the board itself and a commitment to launch an initial public offer by 2019.
US close: Wall Street sets new records on Powell, autos, airlines
US stocks continued their strong start to the month, setting yet another record close after comments from a Fed governor and a boost for auto manufacturers from strong sales data.
Director dealings: Spire's new CEO buys-in near 52 week lows
Spire Healthcare's incoming new chief Justin Ash bought into the stock of the company he will soon be running just off its 52-week lows.
US open: Wall Street starts new quarter on front foot
Wall Street has started the third quarter on the front foot in the wake of a strong reading on US factory sector activity, albeit amid weakness in oil futures as the Greenback extends its recent rebound.
Uber's UK head stands down as CEO arrives in London
Jo Bertram has stood down from her role as head of operations for ride-hailing app Uber in northern Europe as the company's global chief executive, Dara Khosrowshahi, arrived in London in order to plead his case to Transport for London for the reinstatement of the firm's licence in the capital.
US close: Investors brush off weak inflation readings
Wall Street's main market gauges finished the session on an up note, with the S&P 500 and Nasdaq Composite hitting fresh record highs and the former notching up an eighth consecutive quarterly advance.