5 things to know before the stock market opens Monday

  • 📰 CNBC
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

U.S. stock futures were pointing to all-time highs at Monday's open for the Dow, S&P 500 and Nasdaq.

Xerox's $33 billion buyout offer. HP said the $22-per-share bid is not in the best interest of shareholders and undervalues HP, whose stock market value is more than three times that of Xerox. However, print-maker HP left the door open to a deal in which it would buy copier-mainstay Xerox. Activist investor

who owns a 10.6% stake in Xerox, recently bought a $1.2 billion stake in HP. Icahn supports the idea of these two companies coming together.Kate Munsch | Reutersat least 4,000 jobs in a bid to achieve financial stability and those layoffs could be announced as early as this week, The New York Times reports. Last week, the office sharing startup said it lost $1.25 billion on revenue of $934 million in the third quarter. Losses were up more than 150% from the same period a year ago.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks end week of milestones at new highs; Dow tops 28,000Healthcare and technology stocks powered most of the broad rally, which helped drive the S&P 500 to its sixth straight weekly gain. The rich get riicher.
Source: latimes - 🏆 11. / 82 Read more »