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December 26, 2016

U.S. Stocks Rise Amid Recovery Bets, FDA Approval: Markets Wrap

U.S. equities rose Monday as the Covid-19 immunization drive was bolstered by U.S. regulators granting full approval for the vaccine made by Pfizer Inc. and BioNTech SE...

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December 26, 2016

Bank Of Montreal Beats Profit Estimates

TORONTO (Reuters) - Bank of Montreal beat analysts' estimates for third-quarter profit on Tuesday, as it released $70 million in reserves set aside to cover credit losses and saw growth across its business...

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December 26, 2016

GlobalFoundries Inc. Rriced Its Initial Public Offering at $47 a Share Late Wednesday, at the Top of Its Forecast Range.

Last week, GlobalFoundries priced its expected range at between $42 and $47 a share. The company’s pricing Wednesday values the company at $25.1 billion based on...

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December 26, 2016

German Startup Personio Raises $270 Million On A $6.3 Billion Valuation

The funding follows Personio’s $125 million Series D funding last January, bringing the total capital raised by the company to over $500 million. The company, which produces human resource software for small to medium-sized businesses...

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