In September, the Dow Jones Industrial Average retreated 1.47%, the S&P 500 fell 2.64%, and the Nasdaq dropped 3.27%. For the third quarter, the Dow lost 7.77%, the S&P 500 gave back 7.11%, and the Nasdaq declined 8.1%.
Dell Inc is planning to use equity in cloud software company VMware Inc (VMW.N) to help pay for its acquisition of EMC Corp (EMC.N) in a deal valuing the data storage company at more than $55 billion, according to people familiar with the matter.
MILWAUKEE The Federal Reserve does not need to resort to negative interest rates or other policies to further ease monetary policy in order to lift excessively low inflation back to the central bank's 2-percent goal within a few years, a top Fed ...
LIMA The Group of 20 major economies have endorsed a package of measures to tackle corporate tax avoidance, but questions remain about whether countries will follow through on the plans or leave loopholes multinationals can exploit.
Oct 9 Italian sports car maker Ferrari's U.S. IPO is expected to raise as much as $900 million at the planned price range of $48-$52 per share.