Tag: takeovers

Dow, S&P 500, Nasdaq close lower in weekly slump on ‘quad witching’ and weak consumer sentiment

U.S. stock indexes closed lower Friday, slumping for the week, as bearish momentum gathered steam after a reading on consumer sentiment held close to a roughly 10-year low. Investors also were dealing with volatility Friday from simultaneous options expiries, known colloquially on Wall Street as quadruple witching. How did stocks trade? The Dow Jones Industrial Average […]

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Litecoin hoax highlights crypto market vulnerable to scams: ‘Walmart has no relationship with litecoin,’ says big box retailer

An earlier version of this article incorrectly stated John Wu’s affiliation with Ava Labs, where he is president. Ava Labs was founded by a group including Emin Gün Sirer. Fake news appeared to give holders of virtual currencies very real agita on Monday, as a hoax news release sent litecoin briefly soaring before crumbling back […]

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TransUnion set to buy Neustar for $3.1 billion

TransUnion is nearing a deal to buy information-services company Neustar Inc. for $3.1 billion, according to people familiar with the matter, a move that could help the consumer-credit reporting giant diversify beyond its core business and put data to new uses. The purchase of closely held Neustar could be finalized by Monday, the people said, assuming […]

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