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1. Judge permanently blocks Trump's order targeting sanctuary cities06:37[−]

President Donald Trump cannot block federal funding for so-called sanctuary cities that shield undocumented immigrants, a federal judge in San Francisco ruled Monday in a permanent and nationwide injunction. U.S. District Court Judge William Orrick made permanent a temporary hold against Trump's executive order targeting sanctuary cities, which he called unconstitutional. The president cannot set new conditions on funding already approved by Congress, the judge said. The case involved Santa Clara County, Calif., and the city and county of San Francisco, who jointly sued the Trump administration in February.

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2. FCC's Ajit Pai to lay out plan to scrap net-neutrality rules Tuesday: report03:56[−]

Federal Communications Commission Chairman Ajit Pai will seek to entirely scrap current net-neutrality regulations, Politico reported late Monday. Politico said Pai is expected to lay out his plans Tuesday. Current rules require internet providers to treat all web traffic equally. Repealing the Obama-era rules would allow internet providers to slow down competing companies' content and negotiate deals to create "fast lanes."

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3. Trump Foundation shutting down to avoid conflicts of interest: report02:15[−]

President Donald Trump is shutting down his charitable foundation, NBC News reported late Monday, following a promise he made last year. The Trump Foundation last year admitted violating federal rules against "self-dealing," and Trump said last December he would dissolve the organization to avoid conflicts of interest. "The foundation announced its intent to dissolve and is seeking approval to distribute its remaining funds" to other charities, NBC News reported, citing IRS documents. According to the IRS documents, the Trump Foundation had $970,000 in assets as of the end of 2016. In a separate report, the Wall Street Journal reported the organization raised $2.8 million in 2016, about three times the amount it raised the year before, thanks largely to a fundraiser for veterans groups. The foundation was ordered to stop soliciting donations in October 2016 by the New York state attorney general's office.

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4. Charlie Rose accused of harassing female employees02:03[−]

Charlie Rose, host of the "Charlie Rose" show and a "60 Minutes" correspondent, was accused by multiple former employees of sexual harassment in a report released Monday afternoon. The Washington Post reported that eight women told reporters that Rose made unwanted advances toward them, including groping them and exposing himself. Three of the eight spoke on the record about their experiences, which happened on a small staff working on the "Charlie Rose" show, which airs on PBS but is produced by Rose's own company. In a statement to the Post, Rose acknowledged the accusations and apologized, while saying he does not believe all of the women's stories. "It is essential that these women know I hear them and that I deeply apologize for my inappropriate behavior," Rose said. "I am greatly embarrassed. I have behaved insensitively at times, and I accept responsibility for that, though I do not believe that all of these allegations are accurate. I always felt that I was pursuing shared feelings, even though I now realize I was mistaken." After the report was released, Rose was suspended from duties by CBS Corp. , for which he was co-host of a morning show along with his "60 Minutes" duties, and PBS said it would halt distribution of his talk show.

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5. AmerisourceBergen to acquire H.D. Smith for $815 million01:18[−]

AmerisourceBergen Corp. said late Monday it agreed to acquire independent wholesaler H.D. Smith for $815 million cash. The pharmaceuticals distributor, which plans to issue long-term debt for the deal, said it expects the acquisition to add slightly to earnings in fiscal 2018, and now expects revenue to grow by 8% to 11%. AmerisourceBergen said it expects the acquisition to add about 15 cents a share to earnings in fiscal 2020. Analysts surveyed by FactSet expect full-year fiscal 2018 earnings of $6.06 a share and revenue of $164.94 billion, a 7.7% increase from the previous year. The company expects the deal to close in early 2018. AmerisourceBergen shares were flat at $77.46 after hours.

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6. Stanley Furniture to sell virtually all assets in cash and debt deal01:03[−]

Stanley Furniture Co. Inc. said late Monday it has agreed to sell virtually all of its assets to Churchill Downs LLC for $11.5 million in cash, a $4.6 million subordinated secured promissory note of the buyer, and a 5% equity interest in Churchill Downs' post-closing parent company. The buyer would also assume all of Stanley's liabilities, Stanley said in a statement. Stanley would get to keep a few assets, including $1.5 million in cash and any remaining payments under an anti-dumping act. Churchill Downs is a Delaware limited liability company formed by Walter Blocker, the chairman of Vietnam Trade Alliance in Ho Chi Minh City, Vietnam, to acquire the Stanley assets, according to the statement. The asset sale, expected to close in the first quarter of 2018, is subject to shareholder approval and to the buyer securing financing. Stanley shares were halted in the late session after ending the regular session up 3.9%.

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7. Hormel Foods raises dividend00:36[−]

Hormel Foods Corp. said late Monday its board of directors has authorized a 10% increase to the company's annual dividend, to 75 cents a share from 68 cents a share, the company said in a statement. The first dividend of 18.75 cents is payable Feb. 15 to shareholders of record Jan. 16, Hormel said. Shares of Hormel were flat in late trading after ending the regular session up 0.9%.

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8. Agilent falls from record highs after forecast comes up short00:28[−]

Agilent Technologies Inc. shares declined from a record closing price in late trading Monday after the company issued fiscal fourth-quarter earnings that were better than expected but forecast lower profit than analysts' estimates. The scientific-equipment company reported fourth-quarter net income of $177 million, or 54 cents a share, on sales of $1.19 billion, up from $1.11 billion a year ago. After adjustments for acquisition costs and other effects, the company claimed profit of 67 cents a share, up from 59 cents a share a year ago. Analysts on average expected adjusted earnings of 62 cents a share on sales of $1.17 billion, according to FactSet. The company's forecast for the fiscal first quarter and full year came up shy of analyst estimates, though. For the first quarter, Agilent expects adjusted earnings of 55 cents to 57 cents a share on sales of $1.15 billion to $1.17 billion, while analysts on average expected 60 cents a share on sales of $1.15 billion, according to FactSet. For the full year, Agilent guided for adjusted earnings of $2.50 to $2.56 a share on sales of $4.72 billion to $4.74 billion, while analysts on average expected adjusted profit of $2.59 a share on sales of $4.73 billion, according to FactSet. Agilent shares declined to less than $67 in late trading, after closing at an all-time high of $69.96.

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9. Palo Alto Networks shares rally on earnings, outlook beat00:26[−]

Palo Alto Networks Inc. shares rallied in the extended session Monday after the cybersecurity company reported earnings and outlook that topped Wall Street estimates and named a new financial chief. Palo Alto shares surged 6% to $150.49 after hours. The company reported a fiscal first-quarter loss of $64 million, or 70 cents a share, compared with a loss of $56.9 million, or 63 cents a share, in the year-ago period. Adjusted earnings were 74 cents a share. Revenue rose to $505.5 million from $398.1 million in the year-ago period. Analysts surveyed by FactSet had estimated earnings of 68 cents a share on revenue of $488.8 million. Palo Alto estimates adjusted earnings of 78 cents to 80 cents a share on revenue of $518 million to $528 million for the fiscal second quarter, and $3.35 to $3.41 on revenue of $2.15 billion to $2.19 billion for the year. Analysts expect earnings of 77 cents a share on revenue of $519.6 million for the second quarter, and $3.31 on revenue of $2.15 billion for the year. Palo Alto also announced that Kathy Bonanno will become the company's next chief financial officer.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


10. Urban Outfitters shares jump 10% on record sales for retailer00:17[−]

Shares of Urban Outfitters Inc. jumped more than 10% late Monday after the parent company of Anthropologie and other retail brands reported third-quarter sales and earnings above Wall Street expectations. Urban Outfitters said it earned $45 million, or 41 cents a share, in the quarter, compared with $47 million, or 40 cents a share, in the year-ago period. Sales were up 3.5% to $893 million, compared with $862 million a year ago, and a record for the company, Urban Outfitters said. Analysts polled by FactSet had expected per-share earnings of 33 cents a share on sales of $861 million. Comparable-store sales, which include the comparable direct-to-consumer channel, rose 1%. The analysts surveyed by FactSet had expected a decline in same-store sales of 2.2%. "Comparable Retail segment sales were driven by strong, double-digit growth in the direct-to-consumer channel, partially offset by negative retail store sales," the company said.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


11. Intuit beats on first-quarter earnings, but stock falls00:10[−]

Intuit Inc. shares declined Monday afternoon despite a first-quarter earnings beat. The company, which makes accounting software such as QuickBooks, reported a net loss of $17 million, or 7 cents a share, on revenue of $886 million, up from $778 million a year ago. After adjustments for stock-based compensation and other effects, the company claimed earnings of 11 cents a share, up from 6 cents a share last year. Analysts on average expected adjusted earnings of 5 cents a share on sales of $855 million, according to FactSet. Intuit said it expected second-quarter adjusted earnings of 31 cents to 34 cents a share on sales of $1.16 billion to $1.18 billion. Analysts on average expected adjusted earnings of 32 cents a share on sales of $1.12 billion. Intuit stock declined about 1% in late trading after the report was released.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


12. Stocks end slightly higher, buoyed by industrials, telecoms00:04[−]

Stocks squeezed out small gains Monday, with telecoms and industrials helping to provide a lift. Trading is expected to remain subdued ahead of the Thanksgiving Day holiday on Thursday and an abbreviated Friday session. The S&P 500 rose 0.1%, while the Dow Jones Industrial Average advanced around 72 points, or 0.3%. The Nasdaq Composite rose 0.1%. Verizon Communications Inc. rose 1.8% to pace Dow advancers. The S&P 500 telecom sector was the strongest, up 1%, while industrials advanced 0.4%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


13. Time Warner shares slip on reported antitrust suit over AT&T takeoverПн., 20 нояб.[−]

Time Warner Inc. shares fell Monday following reports that the Department of Justice is going to announce an antitrust suit regarding the media company's merger with AT&T Inc. Time Warner shares, which earlier in the session had touched an intraday high of $88.85, fell 1.3% to $87.54 following reports the announcement was imminent. AT&T shares, which had reached an intraday high of $34.90, were up 0.5% at $34.68. Bloomberg News reported that the Justice Department planned to announce on Monday its intention to block the deal with a lawsuit. Earlier in the month, AT&T Chief Executive Randall Stephenson said he was prepared to go to court if the acquisition of Time Warner was challenged by antitrust regulators.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


14. GE's stock falls after Moody's says 'mounting' challenges outweight dividend cut benefitПн., 20 нояб.[−]

Shares of General Electric Co. slumped 1.2% in afternoon trade Monday, after Moody's Investors Service said the industrial conglomerate's "mounting end-market challenges" outweigh any boost to cash flow from the halving of the dividend. The stock is suffering its fifth loss in six sessions, to shed 12.2% since the industrial conglomerate revealed its turnaround plan on Nov. 13. At that time, GE said it was cutting its annual dividend to 48 cents a share from 96 cents. Moody's said in an issuer comment Monday that it expects the "severe deterioration" in GE's power business to last at least through 2019. The ratings agency also expects continued weakness in GE's oil and gas business, while its transportation business grapples with weak for freight locomotives. Last Thursday, Moody's downgraded GE's credit rating to A2 from A1, while affirming the short-term Prime-1 rating. GE's stock has plunged 26.7% over the past three months and 43.1% year to date. In comparison, the Dow Jones Industrial Average has gained 8.1% the past three months and 18.5% this year.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


15. Yellen announces she'll leave Fed, ending suspense over whether she'd stay as governorПн., 20 нояб.[−]

Janet Yellen on Monday announced she will leave the Federal Reserve -- rather than stay on the board as governor -- once her replacement as chair as in place. President Trump nominated Jerome Powell to take over from Yellen when her term expires in February. "As I prepare to leave the Board, I am gratified that the financial system is much stronger than a decade ago, better able to withstand future bouts of instability and continue supporting the economic aspirations of American families and businesses," she wrote. She wrote she was confident that Powell "is deeply committed" to the mission of the central bank.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


16. Trump puts North Korea back on list of state sponsors of terrorismПн., 20 нояб.[−]

President Donald Trump is putting North Korea back on the U.S.'s list of state sponsors of terrorism, the White House said Monday. Trump's move will return North Korea to the list for the first time since 2008.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


17. Germany's Merkel would prefer new election over minority governmentПн., 20 нояб.[−]

German Chancellor Angela Merkel said she was skeptical of the option of a minority government on Monday, following the collapse of coalition talks between her Christian Democrats, the Green Party and the Free Democrats. Merkel said she would prefer new elections if she couldn't form a majority coalition in an TV interview, adding that she would run as chancellor candidate again. Merkel's CDU was unable to secure an outright majority in a September election. Negotiations to form a coalition collapsed when the FDP walked out of talks late Sunday. The euro , which had been under pressure all day, slipped further, last changing hands at $1.1743, down from $1.1793 late Friday. The DAX stock benchmark was up 0.5%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


18. New York Times reporter Glenn Thrush suspended after sexual harassment accusationsПн., 20 нояб.[−]

The New York Times Co. said on Monday that it has suspended reporter Glenn Thrush after the star White House correspondent was accused of sexual harassment and inappropriate behavior against young female journalists. Vox published a report Monday morning detailing instances in which Thrush drunkenly made sexual advances. Thrush apologized in a statement given to Vox, saying that any behavior that makes a woman feel disrespected or uncomfortable is unacceptable. The New York Times said that Thrush plans to enter a substance abuse program, though the length of his suspension was not mentioned. "The ?alleged ?behavior is very concerning and not in keeping with the standards and values of The New York Times," the paper said in a statement. "We intend to fully investigate and while we do, Glenn will be suspended. We support his decision to enter a substance abuse program. In the meantime, we will not be commenting further."

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


19. Cardinal Health, McKesson decline after declared by Morgan Stanley as most at risk in case of Amazon entryПн., 20 нояб.[−]

Cardinal Health Inc. shares declined 3.4% in premarket trade Monday and McKesson Corporation shares declined 2.4% after Morgan Stanley said they were two of the companies most at risk if Amazon expands into health care. Cardinal Health would face the most risk if Amazon gets into medical supply distribution, followed by McKesson "to lesser degree," the Morgan Stanley report said. Walgreens and CVS Health Corp. would be most at risk if Amazon gets into pharmacy, the report found, company shares declined 1.6% and 0.8% respectively on Monday. In the case of an Amazon expansion into tools and diagnostics distribution, Thermo Fisher Scientific's Fisher division , Henry Schein and Patterson would be most at risk, according to Morgan Stanley; shares of the companies rose 0.5% and declined 2% and 2.6% respectively on Monday. Cardinal Health's earnings exposure risk is about 22% to McKesson's 9%, the Morgan Stanley report said. "Optically, revenue exposure is limited, but the fixed cost nature of the distribution model creates a greater headwind to earnings than appreciated," the report said. Cardinal Health shares have dropped 13.6% over the last three months, compared with a 6.4% rise in the S&P 500 and a 7.8% rise in the Dow Jones Industrial Average .

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


20. Hong Kong's Tencent beats China's Alibaba to the $500 billion market cap clubПн., 20 нояб.[−]

Shares of Alibaba Group Holding Ltd. rallied 2.3% in morning trade into record territory Monday, but the China-based ecommerce giant was beaten to the $500 billion value mark by Hong Kong-based videogame and WeChat operator Tencent Holdings Ltd. . With about 2.56 billion shares outstanding, and with a stock price of $189.44, which is above Nov. 7 record close of $188.51, Alibaba has a market capitalization $484.19 billion. Tencent's stock rose had run up 4.1% to a record 420.00 Hong Kong dollars, in the aftermath of last week's third-quarter results. Based on 9.50 billion shares outstanding, and an currency exchange rate of HKD7.8125 per USD, Tencent has a market cap of $510.66 billion. In comparison, five S&P 500 components have market caps above $500 billion: Apple Inc. at $872.42 billion, Google parent Alphabet Inc. at $715.24 billion, Microsoft Corp. at $635.87 billion, Amazon.com Inc. at $543.19 billion and Facebook Inc. at $520.35 billion.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


21. Stocks open slightly higher as investors focus on earnings, tax billПн., 20 нояб.[−]

Wall Street posted small gains Monday as investors shrugged off political turmoil in Germany and returned their focus to U.S. tax legislation and corporate earnings. U.S. trade is expected to thin out ahead of Thursday's Thanksgiving Day holiday and an abbreviated Friday session. The S&P 500 was up 0.1% at 2,581, while the Dow Jones Industrial Average rose 32 points, or 0.1%, to 23,390. The Nasdaq Composite rose 0.1%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


22. 'Philip K. Dick's Electric Dreams' gets premiere date at AmazonПн., 20 нояб.[−]

Amazon.com Inc. said on Monday that its anthology series adaptation of "Philip K. Dick's Electric Dreams" will premiere on the Amazon Prime video platform on Friday, Jan 12. The series, based on various writings from Dick, stars big-name stars such as Steve Buscemi, Bryan Cranston, Anna Paquin, Terrence Howard and Janelle Monae, to name a few. "While the stories may be worlds apart, central to each is the poignant and warm exploration of the importance and significance of humanity," the company said in a news release. Another one of Dick's works, "The Man in the High Castle," has been an Emmy award-winning show for Amazon, and is the streamer's most-watched scripted series in Amazon Prime's history. That show returns for a third season in 2018. Amazon has reportedly made it a company-wide mission to find and produce the next huge "Game of Thrones"-like TV show. Last week, Amazon bought the rights for J.R.R. Tolkien's "The Lord of the Rings" for a reported $250 million. Shares of Amazon have gained nearly 51% in the year to date, while the S&P 500 index is up more than 15% and the Dow Jones Industrial Average is up more than 18%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


23. German president urges parties to cooperate, avoid new electionПн., 20 нояб.[−]

German President Frank-Walter Steinmeier urged parties to return to the negotiating table and cooperate, rather than calling new elections, after coalition talks led by Chancellor Angela Merkel collapsed. Late Sunday, the Free Democrats walked out on coalition negotiations with Merkel's Christian Democrats and the Green Party. The response of the markets was muted, as the euro bought $1.1772, down from $1.1793 late Friday in New York, and the German DAX equity benchmark was 0.2% up.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


24. Amazon stock price target raised to $1,360 at Instinet, making it highest on FactSetПн., 20 нояб.[−]

Instinet on Monday raised its stock price target for Amazon.com Inc. to $1,360, making it the highest price target of analysts polled by FactSet. "We view AMZN's ability to perpetually grow SG&A (sales, general and administrative costs) as dependent on GM (gross margin) rate expansion and with product costs unlikely to ease, mix shift to higher margin segments is key to GM expansion, which is key to SG&A reinvestment," analysts wrote in a note. "To this end, we took a deep dive into AMZN's margin structure, & backing into segment GMs, we believe that mix shift alone could drive 1000+bps of long-term GM lift, powering a $160bn investment into deepening AMZN's moat." The $1,360 stock price target is 20% above the stock's current trading level. Instinet maintained its buy rating on the stock, which has gained 51% in 2017, while the S&P 500 has gained 15%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


25. Acorda shares drop 2.5% on discontinuation of Parkinson's disease drugПн., 20 нояб.[−]

Acorda Therapeutics Inc. shares dropped 2.5% in premarket trade Monday after the company said it will discontinue its Parkinson's disease drug tozadenant. The company said last Wednesday that several patients had died during tozadenant clinical trials and others had experienced serious blood-related complications. Acorda decided to discontinue the therapy based on new information obtained from the drug's late-stage clinical trial "related to previously disclosed agranulocytosis and associated serious adverse events," the company said. "After analyzing this additional information, the Company concluded that it could not be confident that weekly white blood cell count screening would sufficiently ensure patient safety." Tozadenant was the most advanced product of four total drugs acquired in Acorda's about $363 million acquisition of biotech Biotie Therapies Corp. in 2016, and Acorda emphasized its value in announcing the deal. Acorda still plans to release results from the late-stage trial and a safety study in the first quarter of 2018. Acorda shares have dropped 18.7% year-to-date, compared with a 6.3% rise in the S&P 500 and a 7.8% rise in the Dow Jones Industrial Average .

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


26. Cavium's stock surges after Marvell's buyout bid in a deal valued at $6 billionПн., 20 нояб.[−]

Shares of Cavium Inc. surged 7.2% in premarket trade Monday, after the chip maker agreed to be acquired by fellow chip maker Marvell Technology Group Ltd. in a deal valued at about $6 billion. Under terms of the deal, Marvell will exchange $40 in cash and 2.1757 shares of its stock for each Cavium share outstanding, which based on Nov. 3 "undisturbed" prices equates to about $80 a share. Shares of Cavium and Marvell had soared on Nov. 6 after reports of a possible deal. At $80 a share, Cavium's market capitalization would be $5.53 billion. The deal, which is expected to close in mid-2018, is expected to generate annual synergies of $150 million to $175 million. Marvell plans to fund the acquisition with cash on hand from the combined companies and $1.75 billion in debt. The deal confirms a report in The Wall Street Journal over the weekend that a deal was near. Marvell shares edged up 0.1% ahead of the open. Year to date, Cavium's stock has rallied 21.4%, Marvell shares have run up 46.3%, PHLX Semiconductor Index has climbed 44.2% and the S&P 500 has gained 15.2%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


27. Bitcoin holds above $8,000 after briefly hitting new highПн., 20 нояб.[−]

Bitcoin traded to an all-time high above $8,099 Sunday, according to digital currency site CoinDesk.com, before paring its gain in early Monday trading. It was back near $8,053.82, still up over $23, or 0.3%. The cryptocurrency ended last week with a 17% gain, extending a rebound from its four-day plunge logged earlier this month. It traded briefly below $6,000 as recently as November 12, retreating on the suspension of a software upgrade known as Segwit2X due to opposition by other developers. The technology change would have approximately doubled the processing capacity of the underlying network. Analysts have credited the latest rebound in part to enthusiasm from institutional investors, including the announcement of plans for CME bitcoin futures. At the consumer level, Square last week started testing bitcoin payments on its Cash app. So far in 2017, bitcoin is up more than 700%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


28. German President Steinmeier to make statement after collapse of coalition talksПн., 20 нояб.[−]

German President Frank-Walter Steinmeier was scheduled to make a statement on Monday following a collapse in talks by Chancellor Angela Merkel's party to form a coalition government, according to local reports. Steinmeier was slated to speak at 2:30 p.m. local time, or 8:30 a.m. Eastern Time. Merkel was to consult with Steinmeier on Monday, Bloomberg reported, about how to move forward after the pro-business Free Democratic Party ended discussions over the weekend about forming a so-called "Jamaica" governing coalition of parties.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


29. Former tennis star Jana Novotna dies at 49 after cancer battleПн., 20 нояб.[−]

Former tennis star Jana Novotna died on Sunday at age 49 after a long battle with cancer, the Women's Tennis Association said Monday on its website. Novotna was famous in part for winning Wimbledon in 1998, after losing in the U.K. tournament's final in 1993 and 1997. "Jana died peacefully, surrounded by her family in her native Czech Republic," the WTA added.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


30. German stocks headed for losses after coalition talks break downПн., 20 нояб.[−]

German stock futures pointed to a 0.6% loss at the start of trading on Monday for the DAX 30 index after coalition talks broke down over the weekend. On Sunday, the pro-business Free Democrats halted talks with Chancellor Angela Merkel's conservative Christian Democratic Union and the center-left Greens. Germany is now in the hands of a caretaker government and Merkel is without a majority in parliament. "This casts a huge shadow of uncertainty over all Europe. Decisions on everything from Brexit to sanctions on Russia will be more difficult and harder to predict," said Marshall Gittler, chief strategist at ACLS Global, in a note to clients. The news rattled the euro, which fell sharply against the dollar , yen and British pound .

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



 
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