Market Pulse - Usa
US close: Markets mixed as investors look towards Fed minutes
Wall Street finished mixed on Tuesday, amid some upwards pressure on bond yields as investors looked towards the minutes of the Federal Reserve's latest policy meeting, due on Wednesday.
US government bond yields higher amid wave of issuance
The US Treasury auctioned $28bn in two-year notes at a yield of 2. 255%, attracting a bid-to-cover ratio - an indication of how many times it was oversubscribed - of 2. 72.
US open: Stocks mixed, off lows despite wave of government debt auctions
Wall Street was trading on a mixed note early on Tuesday, amid some upwards pressure on bond yields as investors awaited a slate of government debt sales scheduled for later in the day and throughout the week, together with the release, on Wednesday, of the minutes of the Federal Reserve's last policy meeting.
Qualcomm increases NXP offer in order to fight off Broadcom takeover
US chip giant Qualcomm upped its bid for NXP Semiconductors to roughly $44bn on Tuesday as part of its efforts to win shareholder support for the acquisition and further its expansion into the fast-growing motor vehicle chip market and reduce its reliance on smartphones.
Thomson Reuters CEO hospitalised after heart incident
Thomson Reuters reported on Tuesday that chief executive Jim Smith is set to make a full recovery after being hospitalised following an arrhythmia incident on 12 February.
DACA program expiration date looms amid deadlock on the Hill
Mike Pence has called on the US Congress to reach an agreement on immigration reform and funding for an extension of the border wall with Mexico just days after lawmakers' latest attempt at reaching a deal fell through, leaving the Deferred Action for Childhood Arrivals (DACA) program ever so close to expiring on 5 March.
Shore Capital upgrades Britvic to 'buy'
Britvic’s shares have fallen by 15% in the past month and Shore Capital now thinks the drink maker looks like a 'buy'.
Bankruptcy fret: guitar-maker Gibson up to its neck in debt
Guitar manufacturer Gibson may be pushed into bankruptcy as a declining interest in rock music has led to an industry suffering from dire financial problems.
Thor Mining hammers home advantage after tungsten deemed "critical" by US
Thor Mining announced on Tuesday that it plans to accelerate development of its Nevada-based tungsten mining project after the commodity was deemed "critical" by a US government agency.