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100 Articles About wall street

businessNews reuters.com

Stock futures gain on rising tax bill hopes, corporate dealmaking

(Reuters) - U.S. stock index futures were higher on Monday, set to push Wall Street to new records, buoyed as the long-awaited tax overhaul plan looked set for legislation and by a flurry of year-end dealmaking topping $10 billion so far.

companyNews reuters.com

PRESS DIGEST -Wall Street Journal - Dec 18

Dec 18 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

businessNews reuters.com

Asian shares rise amid U.S. tax cut hopes; pound struggles

SYDNEY (Reuters) - Asian shares inched up on Monday, tracking Wall Street, which hit record highs on expectations U.S. lawmakers will pass a long-awaited tax bill, while the British pound hovered near 3-week lows amid Brexit talks.

businessNews reuters.com

Wall Street closes at records with tax overhaul in sight

NEW YORK (Reuters) - Wall Street's three major indexes climbed to record closing highs on Friday with broad-based gains as a long-awaited bill to cut corporate tax rates looked like it would win enough support from lawmakers to pass.

businessNews reuters.com

Wall Street at record highs on rising hopes of tax overhaul

NEW YORK (Reuters) - Wall Street's three major indexes scaled new heights on Friday, with all major sectors pushing higher as a long-awaited tax bill that would cut corporate tax rates looked like it would win support among lawmakers.

companyNews reuters.com

UPDATE 1-Fed's Quarles to recuse himself from Wells Fargo matters

WASHINGTON, Dec 15 (Reuters) - Randal Quarles, the top Federal Reserve official tasked with policing Wall Street, said on Friday that he would recuse himself from any matters concerning Wells Fargo & Co, the nation's third largest bank.

businessNews reuters.com

Wall Street at record on rising hopes of tax overhaul

(Reuters) - Wall Street major indexes scaled new heights on Friday, with all the major sectors pushing higher as the long-awaited bill to lower corporate tax rates enters the final stretch.

businessNews reuters.com

Wall Street rally sets the stage for big IPO year in 2018

(Reuters) - A relentless bull-run in U.S. stock indexes this year has set the stage for a strong IPO market in 2018, with several multi-billion dollar firms including Airbnb and Spotify widely expected to grab headlines with their offerings.

businessNews reuters.com

Wall St. rises as bank, healthcare stocks gain

(Reuters) - Wall Street indexes rose in morning trading on Friday, driven by gains in shares of banking and healthcare companies and on hopes that a final Republican tax bill will be unveiled in Congress later in the day.

businessNews reuters.com

Wall Street up as gains in consumer staples power recovery

(Reuters) - Wall Street indexes rose on Friday with gains in consumer stocks such as Costco Wholesale helping a broad recovery.

companyNews reuters.com

US STOCKS-Wall Street up as gains in consumer staples power recovery

* Indexes up: Dow 0.53 pct, S&P 500 0.51 pct, Nasdaq 0.35 pct (Updates to open)

businessNews reuters.com

Wall Street opens higher on tax bill optimism

(Reuters) - Wall Street opened higher on Friday as investors were optimistic about the passage of the Republican's much-awaited tax overhaul bill by the year-end.

companyNews reuters.com

GLOBAL MARKETS-Shares limp toward third week of gains, Bitcoin roars to new high

* Wall Street set to rebound after concerns about U.S. tax reforms

companyNews reuters.com

GLOBAL MARKETS-Asian shares slip, US tax reform woes dent sentiment

TOKYO, Dec 15 (Reuters) - Asian shares erased earlier modest gains on Friday with sentiment dented by Wall Street's weakness on concerns about the progress of U.S. tax reform, though regional stocks remain on track for a weekly rise.

businessNews reuters.com

Asian shares slip, U.S. tax reform woes dent sentiment

TOKYO (Reuters) - Asian shares erased earlier modest gains on Friday but were still on track for a weekly rise, as sentiment was hurt by Wall Street's weakness on concerns about the progress of U.S. tax reform.

companyNews reuters.com

GLOBAL MARKETS-Asian shares slip, U.S. tax reform woes dent sentiment

TOKYO, Dec 15 (Reuters) - Asian shares erased earlier modest gains on Friday but were still on track for a weekly rise, as sentiment was hurt by Wall Street's weakness on concerns about the progress of U.S. tax reform.

businessNews reuters.com

Asian shares edge up, on track for weekly gain

TOKYO (Reuters) - Asian shares edged higher on Friday, on track for weekly gains, though sentiment was kept in check by Wall Street's weakness on concerns about the progress of U.S. tax reform.

companyNews reuters.com

GLOBAL MARKETS-Asian shares edge up, on track for weekly gain

TOKYO, Dec 15 (Reuters) - Asian shares edged higher on Friday, on track for weekly gains, though sentiment was kept in check by Wall Street's weakness on concerns about the progress of U.S. tax reform.

businessNews reuters.com

Wall Street falls as investors fret about tax bill passage

(Reuters) - The S&P 500 and the Dow were lower on Thursday as investors worried about potential roadblocks to Republicans' tax overhaul, offseting their optimism over strong retail sales data.

companyNews reuters.com

UPDATE 2-European shares lag Wall Street, ECB provides no momentum

* Wind turbine makers boosted by U.S. tax development (Adds closing prices, quotes)

businessNews reuters.com

Wall Street higher on optimism over tax bill, Fed's economic outlook

(Reuters) - Wall Street indexes hovered around record levels on Thursday, perked up by the Federal Reserve's upbeat view on the economy and news that the Republicans' tax code overhaul is set to face final votes in Congress before the year-end.

businessNews reuters.com

Wall Street climbs as tax reform enters last lap

(Reuters) - U.S. stocks climbed higher on Thursday, boosted by gains in technology and banking shares and aided by news that the Republicans' tax code overhaul should face final votes in Congress before the year-end.

businessNews reuters.com

Wall Street opens higher as bank stocks gain

(Reuters) - Wall Street opened higher on Thursday, aided by gains in bank stocks and on news that the Republicans' tax overhaul plan was headed for final votes in Congress before the year-end.

businessNews reuters.com

Stock futures up, eyes on Disney-Fox deal, bank stocks

(Reuters) - Wall Street was set for a slightly higher open on Thursday as traders focused on a $52.4 billion stock deal between Walt Disney and Twenty-First Century Fox and gains in shares of big banks.

companyNews reuters.com

Bombardier forecasts 2018 revenue below Street estimates

Dec 14 (Reuters) - Canadian plane and train maker Bombardier Inc on Thursday forecast 2018 revenue to be $17.0 billion to $17.5 billion, well below Wall Street expectations.

businessNews reuters.com

Wall Street mixed as financials drag after Fed rate hike

NEW YORK (Reuters) - The S&P 500 ended slightly lower on Wednesday pressured by the financial sector after the Federal Reserve announced a widely expected interest rate hike but kept its rate outlook for coming years even as it projected faster U.S. economic growth.

businessNews reuters.com

Wall Street extends gains slightly after expected Fed rate hike

NEW YORK (Reuters) - The three major U.S. stock indexes were higher on Wednesday after the Federal Reserve raised U.S. interest rates by a quarter percentage point, as anticipated, but left its rate outlook for the coming years unchanged even as policymakers projected a short-term acceleration in U.S. economic growth.

businessNews reuters.com

Industrial stocks drive Wall Street higher; Fed decision eyed

(Reuters) - A surge in shares of Caterpillar and Boeing lifted the Dow industrials to record level in early afternoon trading on Wednesday, ahead of a widely-expected interest rate hike by the Federal Reserve.

businessNews reuters.com

Wall Street higher on tech gains; Fed decision awaited

(Reuters) - U.S. stocks inched higher on Wednesday powered by technology stocks but shares of big banks lost steam ahead of a widely-expected interest rate hike in the afternoon.

businessNews reuters.com

Wall Street scales higher on tech gains; Fed's rate decision awaited

(Reuters) - Wall Street indexes advanced on Wednesday as technology stocks gained and traders took positions, overlooking concerns of benign inflation ahead of a likely interest rate hike by the Federal Reserve later in the day.

businessNews reuters.com

Wall Street rises at open as technology stocks gain

(Reuters) - Wall Street opened higher on Wednesday on gains in technology stocks while investors awaited the Federal Reserve's decision on an interest rate hike due later in the day.

companyNews reuters.com

US STOCKS SNAPSHOT-Wall St rises at open as technology stocks gain

Dec 13 (Reuters) - Wall Street opened higher on Wednesday on gains in technology stocks while investors awaited the Federal Reserve's decision on an interest rate hike due later in the day.

companyNews reuters.com

UPDATE 2-Lilly's 2018 forecast beats on strength of new drugs

Dec 13 (Reuters) - Eli Lilly and Co on Wednesday forecast 2018 profit and revenue ahead of Wall Street estimates on strong demand for recently launched drugs such as Trulicity and Taltz.

businessNews reuters.com

Futures flat ahead of Fed's decision on interest rate hike

(Reuters) - U.S. stocks futures pointed to a flat open for Wall Street on Wednesday as investors awaited the Federal Reserve's announcement on benchmark interest rate and assessed the Democratic win in the Alabama Senate election.

companyNews reuters.com

European shares open on a cautious note ahead of Fed meeting

LONDON, Dec 13 (Reuters) - European bourses opened on a cautious note on Wednesday despite gains on Wall Street and in Asia as investors await a U.S. Federal reserve meeting and assess the political implications of Donald Trump's setback in a bitter Senate election in Alabama.

businessNews reuters.com

S&P, Dow rise with help from banks, Nasdaq lags

(Reuters) - Wall Street stocks were higher on Tuesday afternoon with the biggest boost from the financial sectors as investors bet on strong economic growth a day ahead of the U.S. Federal Reserve's widely-expected hike in interest rates.

companyNews reuters.com

PRESS DIGEST -Wall Street Journal - Dec 12

Dec 12 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

businessNews reuters.com

Wall Street ends higher with help from tech, energy

NEW YORK (Reuters) - Wall Street indexes closed higher on Monday and the biggest drivers were technology and energy sectors as oil prices rose and investors waited for an expected U.S. Federal Reserve rate hike later in the week.

businessNews reuters.com

Wall Street rises with help from technology, energy sectors

NEW YORK (Reuters) - Wall Street indexes were higher on Monday with boosts from technology and energy sectors as oil prices rose while investors prepared for an expected U.S. Federal Reserve rate hike later in the week.

companyNews reuters.com

GLOBAL-MARKETS-Wall Street stocks tick higher; stocks rise worldwide

* Wall Street up after brief uncertainty on New York explosion

businessNews reuters.com

Wall Street higher as technology, energy stocks gain

(Reuters) - Technology and energy stocks gained in early afternoon trading on Monday, helping Wall Street shake off uncertainties following an explosion at one of New York's busiest commuter hubs.

businessNews reuters.com

Wall Street ticks higher as New York explosion worries wane

(Reuters) - U.S stocks indexes edged higher on Monday, recovering from a brief uncertainty following an explosion at one of New York's busiest commuter hubs.

businessNews reuters.com

Futures inch up, bitcoin grabs investor interest

(Reuters) - U.S. stock futures pointed to a higher opening for Wall Street on Monday, with the launch of bitcoin futures raising investor interest in cryptocurrency related companies.

companyNews reuters.com

US STOCKS-Futures inch up, bitcoin grabs investor interest

Dec 11 (Reuters) - U.S. stock futures pointed to a higher opening for Wall Street on Monday, with the launch of bitcoin futures raising investor interest in cryptocurrency related companies.

businessNews reuters.com

Bitcoin futures start trading on CBOE exchange

NEW YORK (Reuters) - The newest way to bet on bitcoin arrived on Sunday, with futures of the cryptocurrency that has taken Wall Street by storm starting trading for the first time.

healthNews reuters.com

Hospital operators in merger talks to form U.S. industry leader: WSJ

NEW YORK (Reuters) - Ascension Health and Providence St. Joseph Health are in talks about a merger between the two Catholic non-profits that would create the largest U.S. hospital chain, the Wall Street Journal reported on Sunday, citing people familiar with the discussions.

companyNews reuters.com

UPDATE 1-Hospital operators in merger talks to form U.S. industry leader -WSJ

NEW YORK, Dec 10 (Reuters) - Ascension Health and Providence St. Joseph Health are in talks about a merger between the two Catholic non-profits that would create the largest U.S. hospital chain, the Wall Street Journal reported on Sunday, citing people familiar with the discussions.

healthNews reuters.com

Hospital operators in merger talks to create U.S. industry leader: WSJ

NEW YORK (Reuters) - Ascension Health and Providence St. Joseph Health are in discussions about a merger that would create the largest hospital chain in the United States, the Wall Street Journal reported on Sunday, citing people familiar with the situation.

companyNews reuters.com

UPDATE 1-After bitcoin’s wild week, traders brace for futures launch

NEW YORK, Dec 10 (Reuters) - The newest way to bet on bitcoin will arrive on Sunday, when futures of the cryptocurrency that has taken Wall Street by a storm begin trading.

businessNews reuters.com

After bitcoin’s wild week, traders brace for futures launch

NEW YORK (Reuters) - The newest way to bet on bitcoin, the cyptocurrency that has taken Wall Street by storm with its stratospheric price rise and wild daily gyrations, will arrive on Sunday when bitcoin futures start trading.

businessNews reuters.com

Wall Street closes higher after payrolls report

NEW YORK (Reuters) - U.S. stocks advanced on Friday, buoyed by a solid payrolls report for November that locked in expectations for an interest rate hike from the U.S. Federal Reserve next week and raised optimism about economic prospects in 2018.

businessNews reuters.com

November payrolls report lifts Wall Street

NEW YORK (Reuters) - Wall Street indexes advanced on Friday on the heels of a solid payrolls report for November, locking in expectations for an interest rate hike from the U.S. Federal Reserve next week and boosting optimism about economic prospects for 2018.

businessNews reuters.com

Wall Street gains on robust Nov. hiring data

(Reuters) - Wall Street indexes gained on Friday as U.S. employers added more jobs than expected in November, cementing the case for an interest rate hike next week and adding to optimism about the economy heading into 2018.

companyNews reuters.com

US STOCKS-Wall Street gains on robust Nov. hiring data

* Indexes up: Dow 0.38 pct, S&P 0.49 pct, Nasdaq 0.64 pct (Updates to early afternoon)

businessNews reuters.com

Wall Street rises as jobs data shows strength in economy

(Reuters) - U.S. stocks were pushed higher on Friday by a stronger-than-expected jobs data for November, which indicated improving economic fundamentals at the world's largest economy in the run up to a near certain interest rate hike next week.

businessNews reuters.com

Strong jobs data lifts Wall Street higher

(Reuters) - Wall Street ticked higher on Friday after a stronger-than-expected jobs data for November showed that the world's largest economy has gained strength, ahead of a near certain interest rate hike next week.

businessNews reuters.com

Strong U.S. jobs growth data lifts Wall Street

(Reuters) - Wall Street's stock indexes opened higher on Friday after the latest jobs data showed strength in the U.S. economy and bolstered the case for a December interest rate hike.

companyNews reuters.com

US STOCKS SNAPSHOT-Strong U.S. jobs growth data lifts Wall Street

Dec 8 (Reuters) - Wall Street's stock indexes opened higher on Friday after the latest jobs data showed strength in the U.S. economy and bolstered the case for a December interest rate hike.

businessNews reuters.com

Brexit deal helps U.S. futures bounce

(Reuters) - U.S. stock futures pointed to a higher opening for Wall Street on Friday, helped by gains for global stock markets after Britain secured EU agreement to move on from the first-round of Brexit negotiations.

companyNews reuters.com

US STOCKS-Brexit deal helps U.S. futures bounce

Dec 8 (Reuters) - U.S. stock futures pointed to a higher opening for Wall Street on Friday, helped by gains for global stock markets after Britain secured EU agreement to move on from the first-round of Brexit negotiations.

companyNews reuters.com

Nikkei rises helped by gains in real estate, chip-related cos; Nikkei flat on week

TOKYO, Dec 8 (Reuters) - Japanese stocks rose on Friday on gains for most sectors after Wall Street climbed overnight, while Japan Display jumped on hopes that Apple may use liquid crystal technology on one of its new smartphones.

companyNews reuters.com

PRESS DIGEST -Wall Street Journal - Dec 8

Dec 8 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

companyNews reuters.com

Nikkei rises, real estate and chip-related firms lead; JDI soars

TOKYO, Dec 8 (Reuters) - Japanese stocks rose on Friday morning on gains for most sectors after Wall Street climbed overnight, while Japan Display jumped on hopes that Apple may use liquid crystal technology on one of its new smartphones.

businessNews reuters.com

Wall Street rising: Facebook, Alphabet, Lululemon gain

(Reuters) - Wall Street rose on Thursday, buoyed by popular technology companies including Facebook and Alphabet, while shares of yoga pants seller Lululemon Athletica also worked up a sweat.

Ford, Harold E Jr nytimes.com

Harold Ford Jr. Fired by Morgan Stanley Over Inappropriate ‘Conduct’

Mr. Ford, a former congressman turned Wall Street rainmaker, was terminated by the financial services firm for behavior it said was “inconsistent with our values and in violation of our policies.”

businessNews reuters.com

Wall Street rising: Facebook, Alphabet gain

(Reuters) - Wall Street rose on Thursday, buoyed by popular technology companies including Facebook and Alphabet, while shares of yoga pants seller Lululemon Athletica also warmed up.

businessNews reuters.com

Morgan Stanley fires former lawmaker for misconduct

NEW YORK (Reuters) - Morgan Stanley has fired former U.S. Democratic lawmaker Harold Ford, Jr., a managing director at the Wall Street bank, for inappropriate conduct, a spokeswoman said on Thursday.

companyNews reuters.com

Morgan Stanley fires former U.S. lawmaker for misconduct

NEW YORK, Dec 7 (Reuters) - Morgan Stanley has fired former U.S. Democratic lawmaker Harold Ford, Jr., a managing director at the Wall Street bank, for inappropriate conduct, a spokeswoman said on Thursday.

businessNews reuters.com

Wall Street higher as technology stocks gain ground

(Reuters) - U.S. stocks edged higher in early afternoon trading on Thursday as popular technology stocks gained a firm footing after a bout of selloff and industrial stocks rose.

companyNews reuters.com

US STOCKS-Wall Street higher as technology stocks gain ground

* Indexes up: Dow 0.41 pct, S&P 0.34 pct, Nasdaq 0.62 pct (Updates to early afternoon)

technologyNews reuters.com

Silicon Valley meets 'Flash Boys' on new corporate listings program

NEW YORK (Reuters) - A new would-be stock exchange based in Silicon Valley is teaming up with IEX Group, the newest U.S. stock exchange and focus of author Michael Lewis's book, "Flash Boys: A Wall Street Revolt," on a corporate listings program, the company said on Thursday.

businessNews reuters.com

Technology stocks lead Wall Street's rise

(Reuters) - The three major U.S. indexes rose in late morning trading on Thursday with stocks of technology companies leading the pack, followed by industrials.

businessNews reuters.com

Budweiser maker Anheuser-Busch reserves 40 Tesla electric trucks: WSJ

(Reuters) - Anheuser-Busch, which makes Budweiser beers, has reserved 40 of Tesla Inc's all-electric Semi trucks as it seeks to reduce fuel costs and vehicle emissions, the Wall Street Journal reported on Thursday.

businessNews reuters.com

Disney CEO likely to extend tenure if Fox deal happens: WSJ

(Reuters) - Walt Disney Co Chief Executive Bob Iger will likely extend his tenure past 2019 to facilitate integration of Twenty-First Century Fox Inc assets if a deal is completed, the Wall Street Journal reported on Wednesday.

companyNews reuters.com

UPDATE 1-Disney CEO likely to extend tenure if Fox deal happens -WSJ

Dec 6 (Reuters) - Walt Disney Co Chief Executive Bob Iger will likely extend his tenure past 2019 to facilitate integration of Twenty-First Century Fox Inc assets if a deal is completed, the Wall Street Journal reported on Wednesday.

businessNews reuters.com

Tech recovery nudges Wall Street higher

(Reuters) - Wall Street's main indexes edged higher on Wednesday, with Microsoft and other technology stocks making modest gains and helping offset losses in energy shares after oil prices dropped more than 2 percent.

businessNews reuters.com

Wall Street flat; rise in tech stocks offsets energy lag

(Reuters) - Wall Street's main indexes were little changed on Wednesday, with technology stocks clinging on to modest gains and helping offset losses in energy shares after oil prices slipped more than 2 percent.

businessNews reuters.com

Wall Street hits a lull even as technology stocks gain

(Reuters) - Wall Street turned weary in late morning trading on Wednesday, with a slide in energy stocks and Home Depot offsetting gains in technology sector as investors readjust their stock holdings.

businessNews reuters.com

Tech stocks rise in choppy Wall Street trading

(Reuters) - Wall Street treaded water in choppy morning trading on Wednesday with gains in technology stocks offsetting losses in financial shares.

companyNews reuters.com

UPDATE 1-American Eagle forecasts strong holiday-quarter earnings

Dec 6 (Reuters) - American Eagle Outfitters Inc on Wednesday forecast strong earnings for the key holiday selling season and delivered third-quarter comparable sales ahead of Wall Street targets, driven by robust demand for its Aerie line of lingerie.

businessNews reuters.com

Asia stocks stumble on Wall Street losses, dollar sags

TOKYO (Reuters) - Asian stocks slipped on Wednesday, dragged by losses on Wall Street as the technology sector stuttered yet again after a brief rebound, while the dollar sagged on lower long-term U.S. yields.

companyNews reuters.com

GLOBAL MARKETS-Asia stocks stumble on Wall Street losses, dollar sags

* Nikkei drops 0.9 pct, copper slide hits non-ferrous metal sector

businessNews reuters.com

Asia stocks pressured by Wall Street losses, dollar sags

TOKYO (Reuters) - Asian stocks slipped on Wednesday, pressured by losses on Wall Street as the technology sector stuttered yet again after a brief rebound, while the dollar sagged on lower long-term U.S. yields.

companyNews reuters.com

GLOBAL MARKETS-Asia stocks pressured by Wall Street losses, dollar sags

* Long-term US yields slip as curve flattening continues, USD dips

businessNews reuters.com

Tech rally burns out, leaves Wall Street lower

(Reuters) - Wall Street fell on Tuesday as a technology rebound lost steam and Walt Disney Co shares dipped, while investors assessed how a Republican U.S. tax overhaul would impact corporate earnings.

companyNews reuters.com

US STOCKS-Tech rally burns out, leaves Wall Street lower

* Indexes: Dow -0.45 pct, S&P -0.37 pct, Nasdaq -0.19 pct (Updates to close)

businessNews reuters.com

Wall Street wavers as Disney falls and tech rebounds

(Reuters) - Wall Street treaded water on Tuesday as Microsoft and other technology stocks rebounded and Walt Disney Co fell, while investors assessed how a Republican tax overhaul would impact corporate earnings.

companyNews reuters.com

US STOCKS-Wall Street wavers as Disney falls and tech rebounds

* Indexes: Dow -0.15 pct, S&P -0.02 pct, Nasdaq +0.33 pct (Updates to afternoon)

businessNews reuters.com

Tech stocks rebound as investors assess tax bill details

(Reuters) - Wall Street rose and technology stocks recovered from a two-day selloff on Tuesday, with investors assessing a change to the Senate's version of the tax overhaul bill that could affect the ability of companies to cut their tax bills.

businessNews reuters.com

Tax-cut euphoria elevates Wall Street to record high

(Reuters) - Wall Street indexes cruised to record highs on Monday, with optimism about a Republican plan to slash corporate taxes fueling gains in banks, while Microsoft and other technology stocks dropped.

companyNews reuters.com

US STOCKS-Tax-cut euphoria elevates Wall Street to record high

* Indexes: Dow up 0.65 pct, S&P up 0.37 pct, Nasdaq off 0.34 pct (Updates to afternoon)

businessNews reuters.com

CVS, Aetna executives defend $69 billion deal to skeptical Wall Street

NEW YORK (Reuters) - CVS Health Corp and Aetna Inc top executives on Monday defended their planned merger to Wall Street analysts and investors who questioned the near-term impact on profits of the $69 billion deal to combine the pharmacy and drug benefit manager with the No. 3 U.S. health insurer.

companyNews reuters.com

UPDATE 2-CVS, Aetna executives defend $69 bln deal to skeptical Wall St

NEW YORK, Dec 4 (Reuters) - CVS Health Corp and Aetna Inc top executives on Monday defended their planned merger to Wall Street analysts and investors who questioned the near-term impact on profits of the $69 billion deal to combine the pharmacy and drug benefit manager with the No. 3 U.S. health insurer.

businessNews reuters.com

Bank stocks favored over tech as tax bill makes headway

(Reuters) - Wall Street indexes rose on Monday as Republican-led efforts to slash corporate tax rates cleared a major hurdle, with investors picking stocks that have lagged for much of the year including shares of financial and industrial companies.

businessNews reuters.com

Wall Street cheers Senate's approval of tax bill

(Reuters) - Wall Street indexes surged on Monday after the U.S. Senate passed its version of a tax code overhaul, bringing the Republicans closer to implementing corporate tax cuts.

businessNews reuters.com

CVS, Aetna executives defend $69 billion deal with eye on savings

NEW YORK (Reuters) - CVS Health Corp and Aetna Inc top executives on Monday defended their planned merger to Wall Street analysts who questioned the $69 billion deal, promising both near- and long-term savings for the combined company.

businessNews reuters.com

CVS, Aetna executives expect to save by reducing redundancy

NEW YORK (Reuters) - CVS Health Corp and Aetna Inc top executives on Monday defended their planned merger to Wall Street analysts who questioned the merits of the $69 billion deal, promising both near- and long-term savings for the combined company as well as benefits for consumers.

businessNews reuters.com

Wall St. opens higher on Senate tax bill approval

(Reuters) - Wall Street's main indexes surged at the opening on Monday after the U.S. Senate passed its version of a tax overhaul bill, bringing closer to reality President Donald Trump's promise of cutting corporate taxes to spur growth.

companyNews reuters.com

US STOCKS SNAPSHOT-Wall St opens higher on Senate tax bill approval

Dec 4 (Reuters) - Wall Street's main indexes surged at the opening on Monday after the U.S. Senate passed its version of a tax overhaul bill, bringing closer to reality President Donald Trump's promise of cutting corporate taxes to spur growth.

businessNews reuters.com

Wall St. set to rally after Senate approves tax bill

(Reuters) - Wall Street was set to start the week on a bright note after the U.S. Senate passed its version of a tax overhaul bill, bringing closer to reality President Donald Trump's promise of cutting corporate taxes to spur growth.