Friday, August 10, 2018

Top news” data-reactid=”30″>Top news

REUTERS/Murad Sezer/File Photo

Stocks dive, euro falls, as Turkey turmoil ripples outA plummeting Turkish lira sent ripples through global equities and emerging markets on Friday, as rising fears of a wider fallout sent investors scurrying for the safety of assets such as the yen and U.S. government bonds. [Reuters]” data-reactid=”51″>Stocks dive, euro falls, as Turkey turmoil ripples outA plummeting Turkish lira sent ripples through global equities and emerging markets on Friday, as rising fears of a wider fallout sent investors scurrying for the safety of assets such as the yen and U.S. government bonds. [Reuters]

Loeb takes stake in Campbell, pushes for sale of soup maker: Third Point, the activist fund run by Dan Loeb, disclosed a stake in Campbell Soup Co. (CPB) and said a sale of the company would be the best outcome in its current strategic review after years of “abysmal oversight.” [Bloomberg]” data-reactid=”52″>Loeb takes stake in Campbell, pushes for sale of soup maker: Third Point, the activist fund run by Dan Loeb, disclosed a stake in Campbell Soup Co. (CPB) and said a sale of the company would be the best outcome in its current strategic review after years of “abysmal oversight.” [Bloomberg]

Tesla prepares to review Musk’s go-private planTesla Inc.’s (TSLA) board has not yet received a detailed financing plan from CEO Elon Musk, and is seeking more information about how he will take the U.S. electric car maker private in a proposed deal worth $72 billion, people familiar with the matter said on Thursday. [Reuters]” data-reactid=”53″>Tesla prepares to review Musk’s go-private planTesla Inc.’s (TSLA) board has not yet received a detailed financing plan from CEO Elon Musk, and is seeking more information about how he will take the U.S. electric car maker private in a proposed deal worth $72 billion, people familiar with the matter said on Thursday. [Reuters]

Ackman sees Lowe’s upside: Bill Ackman said he sees significant upside for home-improvement retailer Lowe’s Cos. (LOW), much like he did almost seven years ago with one of his most successful investments, Canadian Pacific Railway Ltd. When Ackman’s Pershing Square Capital Management took its initial investment in CP Rail in 2011, the company had underperformed its larger rival, Canadian National Railway Co., for more than decade — much like Lowe’s is now underperforming its rival Home Depot Inc. (HD). [Bloomberg]” data-reactid=”54″>Ackman sees Lowe’s upside: Bill Ackman said he sees significant upside for home-improvement retailer Lowe’s Cos. (LOW), much like he did almost seven years ago with one of his most successful investments, Canadian Pacific Railway Ltd. When Ackman’s Pershing Square Capital Management took its initial investment in CP Rail in 2011, the company had underperformed its larger rival, Canadian National Railway Co., for more than decade — much like Lowe’s is now underperforming its rival Home Depot Inc. (HD). [Bloomberg]

Overstock shares soar after private equity investmentOverstock (OSTK) shares jumped as much as 21% in after-hours trading on Thursday after the e-commerce retailer announced that Hong Kong private equity firm GSR Capital will invest up to $270 million into Overstock’s blockchain subsidiary tZero. [CNBC]” data-reactid=”55″>Overstock shares soar after private equity investmentOverstock (OSTK) shares jumped as much as 21% in after-hours trading on Thursday after the e-commerce retailer announced that Hong Kong private equity firm GSR Capital will invest up to $270 million into Overstock’s blockchain subsidiary tZero. [CNBC]

Dropbox results top estimates on higher subscriber additions: Dropbox Inc’.s (DBX) forecast for the current-quarter and results for the second quarter beat Wall Street estimates on Thursday, with the online storage firm earning more from a higher number of paying subscribers. Shares of Dropbox, however, came under pressure and slipped nearly 10% in extended trading after the company decided to advance its lock-up expiration date by several trading days. [Reuters]” data-reactid=”56″>Dropbox results top estimates on higher subscriber additions: Dropbox Inc’.s (DBX) forecast for the current-quarter and results for the second quarter beat Wall Street estimates on Thursday, with the online storage firm earning more from a higher number of paying subscribers. Shares of Dropbox, however, came under pressure and slipped nearly 10% in extended trading after the company decided to advance its lock-up expiration date by several trading days. [Reuters]

go to Yahoo Finance” data-reactid=”57″>For more of the latest news, go to Yahoo Finance

A child shines a light on hundreds of shoes at a memorial for those killed by Hurricane Maria, in front of the Puerto Rico Capitol in San Juan. Puerto Rico has conceded that Hurricane Maria killed more than 1,400 people on the island last year and not just the 64 in the official death toll. (AP Photo/Ramon Espinosa, File)

Yahoo Finance Originals” data-reactid=”78″>Yahoo Finance Originals

How to help Trump win his trade wars” data-reactid=”79″>How to help Trump win his trade wars

Samsung debuts its $1,000 Galaxy Note 9 with massive battery, more AI” data-reactid=”80″>Samsung debuts its $1,000 Galaxy Note 9 with massive battery, more AI

World Cup 2018 was a huge boon to Adidas” data-reactid=”81″>World Cup 2018 was a huge boon to Adidas

It’s the best time to be a nurse in the U.S.” data-reactid=”82″>It’s the best time to be a nurse in the U.S.

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