Business Maverick: Wednesday April 24: Five Things You Need to Know to Start Your Day

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Business Maverick: Wednesday April 24: Five Things You Need to Know to Start Your Day By Bloomberg

The S&P 500 and Nasdaq reached new milestones as Twitter, Lockheed Martin and Hasbro climbed following favorable first-quarter reports, adding to a rally led by the biggest technology companies. Crude also extended its climb as the U.S. tightened the screws on Iran. Saudi Arabia is ready to boost output, but wants to first see a drop in Iranian shipments, people familiar said.Islamic State claimed responsibility for the deadly blasts in Sri Lanka.

The two-part offering will be split between euros and dollars and are expected to price Wednesday. These could be the last Netflix notes for a while, as CEO Reed Hastings said earlier this month that the company won’t be borrowing forever.SoftBank is considering an investment in Wirecard that could give it a 5 percent stake in the beleaguered German online payment firm.

 

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