Wall Street stalls to end weak August as China tariffs loom ahead of U.S. holiday
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- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- Qtrex Quantum executives plan to buy up to 2M shares over 12 months
Campbell Soup (CPB) Agrees to Sell European Chips Business to Valeo Foods,
September 3, 2019 5:49 AM EDTCampbell Soup Company (NYSE: CPB) announced it has signed an agreement for the intended sale of its European Chips Business to Valeo Foods, a portfolio company of CapVest Partners LLP, for approximately £66 million (approximately $80 million based on current exchange rates). Campbells European Chips Business includes UK-based Kettle Foods Limited and... More
Oppenheimer Reiterates Outperform Rating on Marvell (MRVL)
August 30, 2019 8:44 AM EDTOppenheimer analyst Rick Schafer reiterated an Outperform rating and $30.00 price target on Marvell (NASDAQ: MRVL) following the company's 2Q report. MRVL reported F2Q19 sales/EPS of $657M/$0.16 above consensus of $650M/ $0.15E. F3Q guidance of $660M/$0.17 was below Street at... More
