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Investors appear to be under the impression T-Mobile Us Inc (NASDAQ: TMUS )'s proposed acquisition of Sprint Corp (NYSE: S ) will fail, as Sprint's stock is trading at a notable discount, The Wall Street ......
Delta, Amazon, Apple, Comcast and Microsoft are the companies to watch...
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The......
Headlines moving the stock market in real time....
(Bloomberg) -- Glencore Plc is negotiating a long-term contract to ship cobalt to Tesla Inc.’s new electric-vehicle factory in Shanghai, according to people familiar with the matter.A deal would help Tesla avoid a supply squeeze on the key battery metal as it pushes into the world’s largest car market, and mark a win for Glencore after a tough spell for its cobalt business.Executives from both companies hammered out terms of the deal before an official ceremony to mark the first sales from the Shanghai plant earlier this month, said one of the people, who asked not to be identified discussing commercial negotiations. They declined to give details about the size and value of the supply deal.A Glencore spokesman declined to comment, while a representative for Tesla didn’t immediately respond to a request for comment.The contract will help Tesla shore up its cobalt supply as it ramps up output at the so-called...
Trade relations between China and the Netherlands would be damaged if Dutch semiconductor equipment supplier ASML is not allowed to ship its newest machines to China, Beijing's ambassador to the Netherlands was quoted as saying on Wednesday. Reuters reported last week that the Netherlands had withheld the license ASML needs to export its newest machines to China following pressure from the U.S. government.. ASML, one of the Netherlands' largest companies, is a near monopolist in lithography, an essential step in the manufacture of computer chips....
