Adobe is nearing an acquisition of Marketo, sources said. Private equity firm Vista bought Marketo for $1.8 billion in 2016. Adobe will pay substantially more, the people said.
Posted on: 20 September 2018 | 1:06 pm
Persistent rate increases in the United States may be having very negative impacts on the global economy.
Posted on: 20 September 2018 | 12:27 pm
Danske Bank said that its headquarters and its Estonian branch failed for years to prevent suspected money laundering involving thousands of customers, The New York Times reports.
Posted on: 20 September 2018 | 11:44 am
Aurora Cannabis is planning to list its shares on a major U.S. stock exchange next month, according to the company.
Posted on: 20 September 2018 | 11:27 am
Turkey's finance minister has slashed the country's economic growth targets and promised to cut public spending by nearly $10 billion as the country tries to rebuild shattered market confidence and find a way out of a currency crisis, The Financial Times reports.
Posted on: 20 September 2018 | 11:09 am
Aperture Investors is paying fund managers based on how the perform against the broader market, and will only charge higher fees than ETFS when they beat the market, according to a Wall Street Journal report.
Posted on: 20 September 2018 | 10:58 am
In a major reversal, the Netherlands is considering shutting down the tax-avoidance benefits that made the country a magnet for international corporations like Netflix, Nike and Uber, the New York Times reports.
Posted on: 20 September 2018 | 10:57 am
Wells Fargo, the third-biggest U.S. bank, has yet to shake a scandal that emerged two years ago when the bank announced it was firing employees for creating fake accounts under a high-pressure sales culture.
Posted on: 20 September 2018 | 10:27 am
The U.S. is winning the trade war with China in the short term but stands to lose significantly over the long term, BlackRock CEO Larry Fink said Thursday.
Posted on: 20 September 2018 | 10:16 am
Developments are afoot from traditional banks and fintechs. As the competition intensifies, that could mean more rewards, fewer fees and higher savings rates for these younger adults. USAToday reports.
Posted on: 20 September 2018 | 9:43 am
Fed Chairman Jerome Powell has reportedly been making the rounds on Capitol Hill amidst criticism from President Trump that could threaten the central bank's independence.
Posted on: 20 September 2018 | 9:25 am
Stifel increases its price target to $38 from $21 for AMD shares, citing strong demand for its new products.
Posted on: 20 September 2018 | 8:55 am
Morgan Stanley says the gaming performance of Nvidia's latest graphics cards is below its expectations.
Posted on: 20 September 2018 | 8:44 am
Kvaal attributes the slowdown in student debt growth to the fact that net tuition has been growing more slowly as of late and state spending on higher education has recently ticked up.
Posted on: 20 September 2018 | 8:33 am