Even at the lowball price Kraft Heinz has offered, buying soap-to-soup giant Unilever would stretch its balance sheet to its limits. But the U.S. food group needs a deal.
Applied Material saw a sharp jump in new equipment orders for the fiscal first quarter, its biggest surge in seven years. That has analysts worried about an inevitable slowdown, as Applied’s customers digest those purchases.
A striking feature of the U.S. stock market is that it persistently does better under Democratic presidents than Republican ones. Two economists try to explain why.
People often complain their insurers don’t pay out what they should: Investors in Allianz can have no such gripes.
Many U.S. companies with big China exposure are outperforming, not underperforming.
Despite Toshiba’s negative shareholder equity, its creditors have reiterated their commitment to continuing support.
Snap is asking a lot of its investors in its coming IPO, and that may lead them to push back.
Saudi Arabia has led the way among major energy exporters in cutting oil production. At the same time, the kingdom is adding to global supply in a surprising way.
Selling out of cosmetics giant L’Oréal looks like an easy win for Europe’s most valuable company