Market News

Baidu's Reinvention Leaves Investors Searching for Profits

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Baidu is investing heavily in new services to keep pace with rivals, eating up profits in the process.

China Stocks Plunge as Beijing's Bid to Buoy Market Falters

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Chinese shares fell 8.5%, their biggest one-day percentage drop in over eight years, calling into question the effectiveness of Beijing’s recent efforts to prop up the market.

Planet Fitness Looks to Raise $216 Million in IPO

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Planet Fitness seeks to raise up to $216 million in its initial public offering, with the company and certain shareholders selling 13.5 million shares for $14 to $16 each.

Secret IPO Filings Feed Deal Frenzy

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Many U.S. companies, from tech startups to drug makers, are secretly seeking to go public. Yet some that file confidentially face very different fates: Their filings spark interest from prospective acquirers.

Weakness in Asia Batters Currencies Abroad

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The global commodities slump is testing the resilience of resource-driven economies, pushing currencies from Australia, Canada and Norway to lows not seen since the financial crisis.

Allergan's Healthy Price May Come With Side Effects

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While investors are excited about Allergan’s pursuit of more deals, they have to hope it doesn’t bite off more than it can chew.

Twitter Is No Bargain

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Ahead of the Tape: Twitter’s recent stumble creates the appearance of a possible bargain compared with rival social network Facebook, but the gulf between them is vast.

China's Yuan Pushes Deeper Into Global Financial System

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China’s currency, otherwise known as renminbi, is now the fifth most used currency for international payments and is about join the U.S. dollar, the euro, the British pound and Japan’s yen to be used as collateral at the London Metal Exchange.

U.S. Stocks Follow Global Markets Lower

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A sharp slump in Chinese markets piled further pressure on stocks after patchy economic data and corporate earnings spurred declines last week.

Investors Warned on Carlyle Hedge Fund

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Carlyle’s $5 billion hedge-fund firm, Claren Road Asset Management, faces the prospect of withdrawals after an influential consultant advised clients who are invested in Claren Road to pull their money.

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