Wall Street opens lower on rising bond yields, inflation concerns
The yield on 10-year U.S. Treasury debt hit a four-year high of 2.885 percent, having jumped almost 7 basis points on Friday. The S&P 500 and the Dow saw their worst weeks since early January 2016 while the Nasdaq recorded its worst week since early Feb 2016. The CBOE Volatility Index , the most widely followed barometer of expected near-term volatility for the S&P 500 Index, was trading at 18.86, its highest since November 2016.
Bristol-Myers (BMY) Q4 Earnings Beat Estimates
Bristol-Myers (BMY) beat estimates on both counts.
Apple, Cisco team up with insurance companies to offer cyber policy discounts
The arrangement, which also includes insurance broker Aon Plc, will help businesses fortify their cyber security defenses and make them eligible to score more favorable terms for cyber coverage, such as lower or no deductibles, along with support services in the event of attack, the companies said. "The key here is a holistic approach to cyber," Jason Hogg, chief executive officer of Aon Cyber Solutions, which helped develop the product, said in an interview.
Wynn Resorts' Big Bet on Las Vegas Now Shaken
Plans for a new hotel on recently acquired property have been thrown into doubt.
Can Qualcomm Reject Broadcom’s ‘Best and Final’ Offer?
Broadcom announced Monday morning that it has raised its offer for Qualcomm by $12 a share and that this is the take-it-or-leave-it deal. The total value of the offer is $121 billion.
Trump lashes out at Schiff over Russia probe memo
President Donald Trump lashed out at the top Democrat on the House Intelligence Committee Monday, a day after Democrats and Republicans said Trump was wrong to assert that a GOP-produced classified memo ...

