The much-anticipated deal has been done: McGraw Hill announced Tuesday afternoon that it will sell the 80-year-old weekly magazine to Bloomberg. Read More
Following are the day’s biggest winners and losers. Find out why shares of McGraw -Hill and Ford popped while Estee Lauder and KB Home dropped. Read More
Now that The Washington Post Co. has ended its long-standing partnership with the Los Angeles Times it's launching a new service with Bloomberg News, honing in on its expertise with political and economic news. Read More
The third quarter has past and for investors seeking dividends, they can be glad. Standard & Poor's said yesterday that third-quarter dividend increases this year were the worst on record. Dividend payments during the third quarter fell 44.8% from a year ago, with only 191 of about 7,000 public companies -tracked by S&P- increasing their payouts. Read More
Despite a pull back in the U.S. equity markets last week, the S&P and Nasdaq Composite are having their best September since 1998 so far, while the Dow is on track for its biggest % gain in September since 2007. Even though September ranks as the worst month historically on average for all three indices, the Nasdaq Composite has traded up 12 sessions out of 19 as of Monday's close while the Dow and S&P have finished up 11 days of 19. Read More
As we approach another quarter and month end, with just four days to go, the Dow is on track for its best third quarter since 1939, the S&P is on course for its biggest Q3 gains since 1970, and the Nasdaq Composite is having its best Q3 since 1997, based on September 24 closing levels. Will the markets continue to hold on to gains or sell off by the end of the year? Read More
Following are the day’s biggest winners and losers. Find out why shares of Yahoo and Foster Wheeler popped while Toll Brothers and McGraw-Hilldropped. Read More
Following are the day’s biggest winners and losers. Find out why shares of Energy Conv. Devices and McDermott popped while McGraw-Hill and Smithfield Foods dropped. Read More