Author: iannouncethis.com

MADRID (MarketWatch) — Among the companies whose shares are expected to see active trading in Monday’s session are Medtronic Inc. and Covidien PLC , as well as Layne Christensen Co. Medtronic MDT, -0.24%  announced a deal on Sunday to buy Ireland-based Covidien PLC US:COV in a $42.9 billion cash-and-stock deal.   Layne Christensen US:LAYN  is projected to report a loss of 36 cents a share in the first quarter, according to a consensus survey by FactSet. The company’s water infrastructure segment is expected to show improvement, but its mineral services operations faces another difficult year, analyst Gerard Sweeney at Boenning…

Until FTX collapsed in November, FTX Europe was the only firm offering special crypto derivatives (perpetual futures) to the European market. Reports have emerged that Coinbase considered acquiring FTX Europe after the exchange’s bankruptcy in November. While the acquisition talks were not successful, Coinbase’s interest in FTX Europe underlines how important derivatives have become to Coinbase’s global strategy. Whereas spot trading volumes have dipped significantly, there is a greater demand for derivatives. Data from crypto analytics firm Kaiko Research showed that derivatives volume was six times larger than spot volume in the second quarter of 2023. This suggests that derivatives…

The Bank of England has opted to hold interest rates at 5.25%, ending a run of 14 straight interest rate hikes. The surprise move comes after the inflation rate dropped to 6.7% in August, down slightly from 6.8% in July. The Monetary Policy Committee’s decision was close, with five opting to leave interest rates unchanged and four wanting an increase of 0.25%. Jeremy Leaf, north London estate agent and a former RICS residential chairman, said: “The unexpected fall in inflation made this interest rate decision harder than it might have been. Last week it was an odds-on certainty that rates…

Private equity is an alluring career goal for those drawn to the financial world. These companies pay big salaries, plus incentives and bonuses. The potential is there to make a lot of money, even in your first year. And, the career carries a lot of prestige in the finance world. However, private equity is challenging to break into. Recent graduates compete with seasoned investment bankers and stockbrokers for a precious few job openings. The field’s controversial reputation among many politicians and pundits only serves to heighten its allure for some. The leaders in the field have been painted as corporate…

Tim Adams, Institute of International Finance CEO, joins ‘Closing Bell Overtime’ to talk banking regulation, the sector-at-large, the Chinese economy and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi  » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC News on Twitter:…

Tension has risen between the clubs over the past 12 months.Getty Images Few cities in the world are as soccer mad as the Spanish capital of Madrid. The city boasts an impressive four top-flight teams, with a further two in the second tier of Spanish soccer. In Vallecas, the neigborhood empties out on a Sunday afternoon as locals leave the streets to head to the Estadio de Vallecas, while Getafe is leading a new era of fan engagement by upping the ante in the suburbs. Their neighboring suburbs of Alcorcón and Leganés have teams in Segunda with their own loyal…

Bitcoin showed less correlation with stocks and dollar indices. Long-term holders’ conviction kept BTC steady. Over the last few months, Bitcoin [BTC] has wiggled in narrow trading ranges, with only substantial crypto-specific developments culminating in breakouts. Since the start of September, the king coin has oscillated between the highs of $25,000 and lows of $27,000, data from CoinMarketCap showed. How much are 1,10,100 BTCs worth today? Unlike in the past, the outcome of key macroeconomic catalysts like the Federal Reserve’s interest rate decision does not appear to have a significant impact on BTC. Bitcoin decouples The U.S. Central bank left the…

Landlords in England & Wales have seen their rental portfolio income increase by 8.7% in the past year, research by agent Benham and Reeves has revealed. Some landlords are exiting the market, as portfolio sizes have fallen by -5.6% year-on-year, dropping from 9.1 properties to 8.6. However despite shrinking portfolios, annual portfolio income has increased from £67,304 to £73,186 over the same time period, an increase of £5,882 or 8.7%. Marc von Grundherr, director of Benham and Reeves, said: “Some landlords have seen their potential profits hit hard by crass government policy making and increasing mortgage rates and this has…

Have you ever seen a $2 bill? If so, you may well have wondered if it’s funny money. It’s not. The $2 bill has been printed by the U.S. Treasury almost continuously since the Civil War, and there are still 1.4 billion of them in circulation. Other paper denominations have been discontinued and can be found mostly in the hands of dealers and collectors. These are not the familiar Benjamins or Jacksons. They’re McKinleys or Wilsons. Key Takeaways The $10,000 bill was the largest denomination ever to be printed for public circulation in the U.S.A collector cannot legally hold a…

US regulators are alleging violations against crypto exchanges. Traditional banks have limited their work with cryptocurrency. Is US trying to kill cryptocurrency? Mohammad Saleh reports. #gravitas #us #cryptocurrency About Channel: WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes…