timewarner-080316.jpg AT&T announced a definitive agreement to purchase Time Warner in a stock-and-cash transaction valued at $107.50 per share. This purchase price implies a total equity value of $85.4 billion and a total transaction value of $108.7 billion, including Time Warner's net debt. AT&T expects the deal to close before year-end 2017.

S0-Economic-Events-102016.jpg The U.S. economy is in a happy space. Incoming economic evidence is vouching for the economy's vibrancy, which ironically is leaving traders rattled. Will the Fed construe the data points as strong enough to announce a second hike in the current rate tightening cycle? Meanwhile, the Fed isn't in the...

JimBeanWorkersEndStrike102116.jpg Jim Beam employees have ended a nearly week-long strike at two Jim Beam plants in Kentucky. The employees reached a settlement on the new contract after the primary demand to hire more full-time staff was agreed. The latest contract was agreed on a 204-19 vote. Whiskey production wil begin on Monday,...

zuckerberg-Trump-102116.jpg Employees of Facebook, the world's largest social network, reportedly considered to censor hate posts from US Presidential candidate Donald Trump, however, the matter was resolved by CEO Mark Zuckerberg intervention. According to The Wall Street Journal, some Facebook employees accused certain posts...

wallstreet-112814_21Oct16.jpg Stocks turned in another relatively lackluster performance during trading on Friday, as traders focused on the latest batch of earnings news amid a quiet day on the U.S. economic front. The major averages eventually ended the session on opposite sides of the unchanged line.

Images1-102116.jpg Former Ku Klux Klan leader David Duke has just enough support to qualify for a televised debate in Louisiana's Senate race. A survey by Raycom Media found that Duke met the 5 percent threshold needed to participate in the debate, which will be held at Dillard University, a historically black university in New Orleans.

DonaldTrump-Campaign1-102116.jpg Less than three weeks before Election Day, the results of a new Atlanta Journal-Constitution poll show Donald Trump and Hillary Clinton are virtually tied in Georgia. The poll showed Trump with a slim 44 percent to 42 percent lead over Clinton among likely Georgia voters, with the two-point gap well within the margin of error.

wallstreet-111814_21Oct16.jpg With traders focused on the latest batch of earnings news amid a lack of major U.S. economic data, stocks are turning in a mixed performance during trading on Friday. Currently, the major averages remain on opposite sides of the unchanged line.

qualcomm-NXP-102116.jpg Chipmaker Qualcomm is reportedly in talks with NXP Semiconductor NV (NXPI) for a possible acquisition, reports said. According to Bloomberg, negotiations are on with a probable price of $110 t $120 per NXP share. The deal would value NXP at around $34.7 billion.

wallstreet1-103112_21Oct16.jpg After showing a lack of direction throughout much of the previous session, stocks continue to turn in a lackluster performance in early trading on Friday. Currently, the major averages are turning in a mixed performance on the day.

takata-102116.jpg Regulators have confirmed the eleventh U.S. fatality linked to Takata Corp.'s defective air bag inflators. The National Highway Traffic Safety Administration or NHTSA said Thursday that a crash fatality in Riverside County, California, was tied to the rupture of a recalled Takata air bag inflator.

Donaldtrump-102116.jpg With Donald Trump refusing to commit to accepting the results of the upcoming presidential election, a new Politico/Morning Consult poll found that nearly a quarter of the Republican nominee's supporters think he should challenge the results if Democratic rival Hillary Clinton wins.

coach-burberry-102116.jpg U.S. luxury retailer Coach Inc. is exploring a merger with UK-based peer Burberry Group plc to create a $20 billion luxury clothing giant, the Betaville financial blog reported Friday, citing two sources familiar with the matter. According to the report, Coach is in talks with financial advisers from Evercore for several weeks on a potential merger deal with the British trench coat maker.

BAT-RAK-102116.jpg Reynolds American Inc. (RAI) on Friday confirmed that British American Tobacco plc (BATS.L, BTI) has offered to buy the remaining 57.8 percent stake that it does not own in the US tobacco company for $47 billion. Reynolds said its board of directors will evaluate the offer, and respond accordingly to BAT, which currently owns 42.2 percent stake in Reynolds. The proposal represents an enterprise va

wallstreet-112014_21Oct16.jpg Trading activity may remain somewhat subdued on Friday following the lackluster performance seen in the previous session. The major index futures are currently pointing to a lower open for the markets, with the Dow futures down by 65 points.

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