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 Revising the U.S.-Mexico-Canada trade agreement took a year of acrimonious talks among Democrats, the chief U.S. negotiator and a labor union president - and may have set a world record for phones being slammed down in anger, according to one negotiator.
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 U.S. and Chinese trade negotiators are laying the groundwork for a delay of a fresh round of tariffs set to kick in on Dec. 15, officials on both sides said, as they haggle over how to get Beijing to commit to massive purchases of U.S. farm products on which President Trump is insisting for a near-term deal.
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 The best robot vacuum on the market, the iRobot Roomba i7 , just dropped back down to its Cyber Monday low.
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 Most investors tend to think that hedge funds and other asset managers are worthless, as they cannot beat even simple index fund portfolios. In fact, most people expect hedge funds to compete with and outperform the bull market that we have witnessed in recent years. However, hedge funds are generally partially hedged and aim at […]
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Gold producer to get up to $430m as it pushes ahead with asset sales
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 Gold rose on Tuesday, with prices finding support after posting two consecutive sessions of losses. Traders eyed the potential for a U.S.-China trade deal and awaited the outcome of the Federal Reserve's two-day policy meeting, which ends Wednesday. February gold lost $3.20, or 0.2%, to settle at $1,468.10 an ounce.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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 Canadian gold miner Barrick Gold Corp
moved closer to its asset sales target on
Tuesday by agreeing to sell its entire 90% stake in its Massawa
project in Senegal to Teranga Gold Corporation for up
to $430 million.
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XP Inc. , a provider of brokerage, investment-advisory and asset-management services in Brazil, priced its initial public offering higher than it projected Tuesday evening to pull in almost $2 billion. XP announced that it will sell about 72.5 million shares for $27 apiece, for a total take of $1.98 billion and an initial valuation of $13.75 billion. XP had targeted an IPO price of $22 to $25 a share, according to a filing with the Securities and Exchange Commission. The company is selling about 42.6 million shares, while shareholders are putting up nearly 30 million. Underwriting banks - which includes XP itself - have access to an additional 10.9 million shares from selling shareholders, which could drive the totals higher. XP shares are now expected to begin trading Wednesday morning on the Nasdaq Global Select Market under the ticker symbol XP.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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U.S. oil major Chevron Corp on Tuesday said it expects to write down the value of its assets $10 billion to $11 billion this quarter and is considering selling some natural gas projects to prepare for long term low prices.
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U.S. oil major Chevron Corp on
Tuesday said it expects to write down the value of its assets
$10 billion to $11 billion this quarter and is considering
selling some natural gas projects to prepare for long term low
prices.
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RELATED ARTICLES | | |
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