Futures lower on Iran tensions, trade worries

Futures lower on Iran tensions, trade worries
(Reuters) – U.S. stock futures were pulled lower by Iran tensions and trade worries on Tuesday, with investors focusing on Federal Reserve officials for more clarity on interest rates. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., June 24, 2019. REUTERS/Brendan McDermid/File Photo In a dramatic and unprecedented move, President... Read More

AbbVie to buy Botox-maker Allergan in $63 billion deal

AbbVie to buy Botox-maker Allergan in $63 billion deal
FILE PHOTO: The Allergan logo is seen in this photo illustration in Singapore November 23, 2015. REUTERS/Thomas White/File Photo (Reuters) – AbbVie Inc said on Tuesday it would buy Botox-maker Allergan Plc in a cash-and-stock deal for about $63 billion to add fast-growing therapeutic businesses such as medical aesthetics and eye care. Allergan shareholders will receive 0.8660 AbbVie shares and... Read More

AbbVie to buy Allergan in $63 billion deal

AbbVie to buy Allergan in $63 billion deal
FILE PHOTO: The Allergan logo is seen in this photo illustration in Singapore November 23, 2015. REUTERS/Thomas White/File Photo (Reuters) – AbbVie Inc said on Tuesday it would acquire Botox-maker Allergan Plc in a cash-and-stock deal for about $63 billion. Allergan shareholders will receive 0.8660 AbbVie shares and $120.30 in cash for each share held, for a total consideration of... Read More

AbbVie nears deal to buy Allergan for more than $60 billion: WSJ

AbbVie nears deal to buy Allergan for more than $60 billion: WSJ
FILE PHOTO: The Allergan logo is seen in this photo illustration in Singapore November 23, 2015. REUTERS/Thomas White/File Photo (Reuters) – AbbVie Inc is nearing a deal to buy Botox-maker Allergan PLC for more than $60 billion, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. Both companies did not immediately respond to Reuters’ request for... Read More

Trade stress, Iran tensions hits stocks, dollar frets on Fed doves

Trade stress, Iran tensions hits stocks, dollar frets on Fed doves
LONDON (Reuters) – European shares were spooked by Iran tensions and trade jitters on Tuesday, while the risk of more dovish talk from the Federal Reserve inflated gold to six-year highs and stoked demand for safe-harbor currencies like the yen and Swiss franc. FILE PHOTO: An investor watches stock prices at a brokerage office in Beijing, China July 6, 2018.... Read More

Oil prices in balance between demand worries, U.S.-Iran tensions

Oil prices in balance between demand worries, U.S.-Iran tensions
LONDON (Reuters) – Oil prices hung in the balance on Tuesday as concerns over declining crude demand were offset by risks to supply linked to new U.S. sanctions on Iran. FILE PHOTO: Pumpjacks are seen against the setting sun at the Daqing oil field in Heilongjiang province, China December 7, 2018. Picture taken December 7, 2018. REUTERS/Stringer Benchmark Brent crude... Read More

Fund supermarket Allfunds bulks up with Credit Suisse deal

Fund supermarket Allfunds bulks up with Credit Suisse deal
ZURICH (Reuters) – Spain’s Allfunds Group is buying Credit Suisse’s business-to-business investment fund platform InvestLab for an undisclosed sum as the investment services industry consolidates to reap the benefits of scale. FILE PHOTO: The Credit Suisse logo is pictured on a bank in Geneva, Switzerland, October 17, 2017. REUTERS/Denis Balibouse Credit Suisse will take a stake of up to 18%... Read More