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Financial Times: Capital Markets

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  • newLyft extending funding round by additional $500 million

    Lyft extending funding round by additional $500 million

    Lyft is raising up to another $500 million in funding, according to documents filed Tuesday and first reported by Axios. The effort comes a month after the San Francisco-based ride-hailing company announced a $1 billion funding round led by Google pa…
    - 5 hours ago, 22 Nov 17, 8:43pm -
  • newAG Sessions calls for review of national gun background check reporting

    AG Sessions calls for review of national gun background check reporting

    U.S. Attorney General Jeff Sessions on Wednesday called for a review of how criminal background checks are run for firearms owners. Regarding the National Instant Criminal Background Check System, Sessions said in a memo he is directing the Federal B…
    - 8 hours ago, 22 Nov 17, 5:44pm -
  • newPeter Thiel wants to be able to bid for Gawker assets: report

    Peter Thiel wants to be able to bid for Gawker assets: report

    Billionaire Peter Thiel may be looking to buy Gawker.com, the website he helped shut down last year. On Wednesday, Thiel's lawyers objected to the shuttered news site's bankruptcy sale process, claiming he has been unfairly excluded from bidding on G…
    - 9 hours ago, 22 Nov 17, 5:29pm -
  • newStitch Fix closes at record high, following disappointing IPO

    Stitch Fix closes at record high, following disappointing IPO

    After a disappointing initial public offering last week, Stitch Fix Inc. closed at a record high Wednesday. Investors fueled gains ahead of the Thanksgiving holiday and sent the online clothing retailer's shares up 9.8% to $17.35. The stock closed a…
    - 10 hours ago, 22 Nov 17, 4:26pm -
  • newStocks end mostly lower in pre-holiday trade; Nasdaq ekes out record

    Stocks end mostly lower in pre-holiday trade; Nasdaq ekes out record

    Stocks ended mostly lower in thin, pre-holiday trade Wednesday, although the Nasdaq Composite eked out another record close. Stocks maintained a soft tone after minutes of the Federal Reserve's November policy meeting showed a rate rise remains likel…
    - 10 hours ago, 22 Nov 17, 4:04pm -
  • newQualcomm shares rise on report Broadcom considering sweetened deal

    Qualcomm shares rise on report Broadcom considering sweetened deal

    Qualcomm Inc. shares traded higher Wednesday following a report that Broadcom Ltd. is considering raising its offer to buy the chipmaker. Qualcomm shares rose 1.6% to $67.79, after jumping to an intraday high of $68.15, in recent activity. Shares o…
    - 10 hours ago, 22 Nov 17, 3:43pm -
  • newUrban Outfitter's stock rallies toward 11-month high to help lead retail sector tracker to gains

    Urban Outfitter's stock rallies toward 11-month high to help lead retail sector tracker to gains

    Shares of Urban Outfitters Inc. rallied 1.9% in afternoon trade Wednesday, putting them on track to close at an 11-month high. The 7.1% run up this week, ahead of Black Friday, is the best three-day pre-Thanksgiving performance since 2008, in the de…
    - 11 hours ago, 22 Nov 17, 3:37pm -
  • newU.S. oil prices settle at a more than 2-year high above $58

    U.S. oil prices settle at a more than 2-year high above $58

    U.S. oil prices rallied above $58 a barrel on Wednesday to mark their highest settlement since the end of June 2015. Data from the Energy Information Administration showed a slightly smaller-than-expected weekly fall in U.S. crude supplies, but the d…
    - 11 hours ago, 22 Nov 17, 2:44pm -
  • newTwitter's stock rallies toward highest close in over 13 months

    Twitter's stock rallies toward highest close in over 13 months

    Shares of Twitter Inc. rallied 1.9% in afternoon trade, putting them on track for a fifth straight gain to the highest level in over 13 months. The stock has now run up 30.0% since the social media company reported better-than-expected third-quarter…
    - 12 hours ago, 22 Nov 17, 2:23pm -
  • newGold ends sharply higher, then holds gains after Fed meeting minutes

    Gold ends sharply higher, then holds gains after Fed meeting minutes

    Gold prices ended sharply higher Wednesday, getting a boost as the U.S. dollar weakened, with the ICE U.S. Dollar Index trading near the session's lows as gold trading settled. Prices for the metal then held ground near their settlement level after…
    - 12 hours ago, 22 Nov 17, 2:08pm -
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