By Joyce Lee and Sohee Kim SEOUL (Reuters) – Samsung Group’s founding family on Friday scored a narrow win in a landmark proxy battle, fending off an activist investor opposed to an $8 billion deal that cements its grip as a new generation prepares to take the reins of South Korea’s biggest conglomerate. At an often-heated shareholder meeting, investors in builder Samsung C&T Corp approved an all-share takeover offer from
Yahoo Finance’s Midday Movers is live each weekday at 12pm ET, covering all the latest news on the markets, the economy and the biggest stories of the day.
Yahoo Finance’s Midday Movers is live each weekday at 12pm ET, covering all the latest news on the markets, the economy and the biggest stories of the day.
Jim Strugger of MKM Partners tells why stocks could continue to rally over the next 2 to 2 1/2 years.
Jim Strugger of MKM Partners tells why stocks could continue to rally over the next 2 to 2 1/2 years.
Investors have thrown spare cash at mega-cap stocks to play this rebound. Is that a good sign or not?
Investors have thrown spare cash at mega-cap stocks to play this rebound. Is that a good sign or not?
German lawmakers overwhelmingly backed Friday a new bailout plan for Greece after Chancellor Angela Merkel warned that the cash-strapped country would face chaos without a deal. Following more than three …
German lawmakers overwhelmingly backed Friday a new bailout plan for Greece after Chancellor Angela Merkel warned that the cash-strapped country would face chaos without a deal. Following more than three …
Housing starts rose 9.8 percent to a 1.17 million annualized rate from a revised 1.07 million in May that was stronger than previously estimated, figures from the Commerce Department showed Friday in Washington. The median estimate of economists surveyed by Bloomberg was a 1.11 million rate. Ground-breaking on multifamily dwellings jumped 29.4 percent.
