CNBC Finance
Fox, the owner of the news and sports networks, said it has reached a deal to acquire Roku for about $22 billion in enterprise value.
Bloomberg Markets
Kelsey Berro, Fixed Income Portfolio Manager at JPMorgan Asset Management, discussed the bond market's response following the recent Iran deal. While there is somewhat more clarity compared to earlier in the week, investors are awaiting the full text of the agreement to fully assess its implications. Despite a significant drop in oil prices, Treasury yields have declined only modestly, reflecting caution due to upcoming event risks, particularly the Federal Reserve's policy decisions. (Source: B
Yahoo Finance
NY Times Business
Shipowners welcomed the agreement to reopen the Strait of Hormuz, but said they would need more security guarantees before resuming transits.
Yahoo Finance
Bloomberg Markets
US equity-index futures jump after the US and Iran reached an interim deal to reopen the Strait of Hormuz. Contracts on the S&P 500 Index are up 1.3% at 7:45 a.m. in New York.
Yahoo Finance
Bloomberg Markets
No matter how rosy Wall Street’s expectations on the economy have been lately, they generally underestimated the reality, supporting risk-on moods that propelled the stock market advance. That pillar of support may be dwindling soon.
Bloomberg Markets
Doncasters Group, a manufacturer of products for aerospace engines and industrial gas turbines, is seeking to raise as much as $746.7 million in an initial public offering, joining a wave of aerospace and defense companies tapping public markets amid rising demand for aircraft and military equipment.
Bloomberg Markets
On the heels of arranging a record $85 billion equity-raise for Alphabet Inc., Goldman Sachs Group Inc. has scored a lesser-known victory for the tech giant in the municipal bond market.
Yahoo Finance