News

27
Jan

Xilinx Stock Surges After China Conditionally Approves $35 Billion AMD Takeover

Xilinx Stock Surges After China Conditionally Approves Billion AMD Takeover China’s competition authorities have finally given the nod to AMD’s $35 billion all-share takeover of data chip specialists Xilinx. Xilinx  (XLNX) – Get Xilinx, Inc. Report shares surged higher Thursday regulators in China conditionally approved its $35 takeover by Advanced Micro Devices  (AMD) – Get Advanced Micro Devices, Inc. Report. China’s

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27
Jan

Stock Market Today – 1/27: Hawkish Powell Leaves Wall Street Guessing On Rate Pace; Apple Earnings In Focus

Stock Market Today – 1/27: Hawkish Powell Leaves Wall Street Guessing On Rate Pace; Apple Earnings In Focus Wall Street futures are mixed Thursday as markets digest a surprisingly hawkish Fed statement while bracing for key December quarter earnings from Apple after the close of trading. Updated at 7:40 am EST U.S. equity futures traded mixed Thursday, after erasing earlier

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27
Jan

McDonald's Misses on Earnings Despite Robust McRib and Crispy Chicken Sales

McDonald's Misses on Earnings Despite Robust McRib and Crispy Chicken Sales McDonald’s posts weaker-than-expected fourth-quarter earnings as demand for McRib and Crispy Chicken sandwiches fails to propel sales above Wall Street forecasts. Strong sales of Crispy Chicken and McRib sandwiches and ongoing digital sales that continue to embolden customers to spend more failed to boost McDonald’s  (MCD) – Get McDonald’s

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