Lululemon Athletica shares were up 9.1% in Thursday premarket trading after the athletic company reported a higher-than-expected profit for the third quarter ended October 29, 2017.
The number of Americans filing for unemployment benefits unexpectedly fell last week, suggesting a rapid tightening of the labour market.
Entellus Medical announced on Thursday a definitive merger agreement by which Stryker Corporation will acquire Entellus in an all cash transaction for $24.00 per share, or an equity value of approximately $662m.
Private sector employment increased by 190,000 jobs from October to November according to the November ADP National Employment Report.
Oil analysts have raised their forecasts for the crude price next year after major producers agreed to extend output cuts, a Reuters poll showed on Wednesday.
British private equity firm Bridgepoint, owner of Pret a Manger, has raised €5.5bn euros (£4.9bn) for European investment, exceeding its €5bn target, a source familiar with the matter said.
The Financial Conduct Authority (FCA) has today fined Bluefin Insurance Services Limited £4m for having inadequate systems and controls and failing to provide information to its customers about Bluefin’s independence in a way that was clear, fair and not misleading.
The US economy grew faster than initially thought in the third quarter, notching its quickest pace in three years, as increases in business investment in inventories and equipment offset a moderation in consumer spending.
The boss of Britain’s financial watchdog has called for a legally-binding transition agreement on Brexit to ensure the UK’s powerhouse financial sector can cope with any sudden loss of passporting rights.
The proportion of UK company shares owned by foreign investors has reached another record high. Foreign-owned shares accounted for over half of the total value of UK shares in December 2016.
The Financial Conduct Authority (FCA) is using its competition enforcement powers for the first time as it accuses four asset management firms of breaking the competition law.
Technology stocks led in Friday’s half day trading that saw US stock close higher with the S&P 500 and Nasdaq Composite ending at all-time highs
Generic drug manufacturers are a painful thorn in big pharma’s side. Once a top-selling drug loses its exclusive patent, the launch of rival versions can lead to severe losses in sales and profit for the innovator company. But generic drugs makers could be just what the doctor ordered for investors.
Rolls-Royce Holdings worries border checks after Britain leaves the European Union will disrupt its global supply chain and is looking at measures to offset the rise in national protectionism that it represents, a member of its executive leadership said on Wednesday.
Financial markets face Brexit day upheaval if clearing houses in Britain are abruptly cut off from continental customers, a senior JPMorgan bank official said on Wednesday.
