Prospect Capital Corporation 6.25 % Notes 2018-15.06.28 News
Stocks Slip on 2016 Outlook of Middling Economic Growth
As Wall Street prepares to close out 2015 much where it started, investors looked to the year ahead to determine direction on the second-last day of trading.
Energy Lags Wall Street as Crude Oil Spirals Lower
Stocks move slightly lower as another selloff in crude oil prices hits the energy sector.
Midday Report: Pep Boys, Icahn Seal Deal; Crude Oil Slides
Investors grew more pessimistic over the state of the global economy heading into the new year, pushing stocks lower on Wednesday.
Pep Boys inks deal with Icahn as Bridgestone retreats from bidding war
Bridgestone won't counter Carl Icahn's latest offer for auto-repair chain Pep Boys, leaving Wall Street to speculate on the billionaire investor's plans for the Philadelphia company.
Pep Boys (PBY) Stock Down, Bridgestone Backs Out of Bidding War
Pep Boys (PBY) stock is declining on Wednesday morning as Bridgestone (BRDCY) said it would not up its offer after Carl Icahn’s latest bid for the company.
Crude Oil Prices Retreat Back to 11-Year Lows on Supply Worries
The weak outlook for oil prevails, and oil prices are sliding back toward an 11-year low.
Apple, Microsoft, Qualcomm Turn S&P Positive for 2015
Apple, Microsoft and Qualcomm push the S&P 500 into positive territory for the year during one of the final sessions of 2015.
Icahn Continues Pep Boys Pursuit With Sweetened Bid
Pep Boys (PBY) now prefers a deal with Carl Icahn, after the activist investor sweetened the bid for the auto parts maker for a valuation of about $1 billion.
Gas Prices Fall Below $4 A Gallon For the First Time Since March Amid Global Crude Market Declines
Gas prices extended their run of declines to 52 days overnight, falling below $4 a gallon for the first time since early March.
Disney Stock Soars As Streaming Total Tops Netflix, Price Hikes Unveiled For Disney+ and Hulu
"We believe we have plenty of room on price value," Disney CEO Bob Chapek said of the group's streaming price hikes. "And we do not believe that there's going to be any meaningful on our churn as a result."