U.K. housebuilders agree $3.2 billion merger amid signs of recovery in property market
Britain’s biggest homebuilder Barratt Developments agreed on Wednesday to purchase rival Redrow for £2.52 billion ($3.18 billion) as signs emerged of a recovery in the...
Oil prices edge higher as traders weigh U.S. supply data
Oil futures edge higher early Wednesday.
Athens International Airport shares surge following Greece’s most successful IPO in decades
Shares in the airport were up 14% on their first day of trading following the transport hub’s public float
CVS’s stock gains as profit beat offset lowered outlook on higher medical costs
The healthcare-services and drugstore chain beat fourth-quarter profit expectations by a wide margin, but lowered its full-year outlook because of “elevated medical cost trends.”
New York Community Bank says deposits have grown and liquidity is ‘ample,’ in wake credit rating downgrade
New York Community Bancorp Inc. moved to try to reassure investors Wednesday, by saying total deposits have increased in the last several weeks and that...
Alibaba’s stock falls after earnings miss, but company plans large buyback boost
Alibaba is pouring billions of dollars more into its buyback program, which management says indicates confidence in the business.
NYCB shares whipsaw after Moody’s downgrades bank’s credit rating to junk
NYCB has been in freefall since reporting a surprise loss last week, along with mounting losses on commercial real estate and the need to slash...