Waning Recession Fears Boost Market Sentiment

India, May 16 -- Market mood was bolstered by expectations of a lower likelihood of a recession in the U.S. Easing trade tensions also supported sentiment. Wall Street Futures are trading slightly ab... Read More

U.S. Import, Export Prices Unexpectedly Inch Up 0.1% In April

India, May 16 -- The Labor Department released a report on Friday unexpectedly showing modest increases by U.S. import and export prices in the month of April. The report said import prices crept up ... Read More

Eagle Materials Invests $330 Mln To Modernize, Expand Its Oklahoma Gypsum Wallboard Plant

India, May 16 -- Eagle Materials Inc. (EXP), a maker of construction products, said on Friday that its subsidiary, American Gypsum Company, has finalized plans to expand and modernize its Duke, Oklaho... Read More

EU Seeks Public Feedback On Microsoft's Proposed Changes To Teams In Antitrust Probe

India, May 16 -- The European Commission has invited public response regarding Microsoft Corp.'s offers to address competition concerns related to Teams. In a statement, the EU agency noted that the ... Read More

Bay Street Likely To Extend Gains

India, May 16 -- Canadian shares are likely to extend recent gains as the mood is likely to remain positive Friday morning amid easing tensions about tariffs. Lower crude oil and bullion prices could... Read More

U.S. Housing Starts Rebound In April But Building Permits Pull Back Sharply

India, May 16 -- While the Commerce Department released a report on Friday showing a rebound by new residential construction in the U.S. in the month of April, the report also showed a substantial pul... Read More

RBC Bearings Guides Q1 Revenue In Line With Estimates - Update

India, May 16 -- While reporting financial results for the fourth quarter on Friday, RBC Bearings Inc. (RBC) said it expects net sales guidance for the first quarter in a range of approximately $424.0... Read More

Liberty Broadband To Accelerate Closing Of Its Acquisition By Charter

India, May 16 -- Liberty Broadband Corporation (LBRDA, LBRDK, LBRDP) has agreed to accelerate the closing of its previously announced acquisition by Charter Communications, Inc. (CHTR) to occur contem... Read More

RBC Bearings Incorporated Q4 Profit Increases, Beats Estimates

India, May 16 -- RBC Bearings Incorporated (RBC) announced earnings for its fourth quarter that increased from last year and beat the Street estimates. The company's bottom line totaled $72.7 million... Read More

Charter Communications, Cox Announce Merger; CHTR Up Nearly 9% In Pre-market

India, May 16 -- Charter Communications, Inc. (CHTR), a telecom and mass media firm, and Cox Communications, a digital cable television provider, on Friday announced a merger deal to form a company fo... Read More

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