Business

Roku stock jumped more than 6 percent Monday as speculation builds around a potential deal with Apple. Roku’s jump added about $500 million to its market value, making it now worth $7.5 billion. For the last year, Roku’s shares are up 112 percent. Roku CEO Anthony Wood was spotted on Apple’s campus in Cupertino, Calif.
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Photo: Humana.com 2011 Gain: $32.87 (60%) 2011 Closing price: $87.61 Last year, investors turned away from HMO stocks such as this, fearing the impact of a new health care overhaul rule involving medical-loss ratios. However, Humana showed it was able to manage the new regulation and in October delivered better-than-expected profits and a better-than-expected forecast
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Looking at individual stocks, Aggreko climbed to the top of the European benchmark after Stifel upgraded the stock to “buy” from “hold.” Shares of the U.K. power supplier rose 4 percent. Deutsche Bank was another top gainer Friday, after the German lender published its annual report. Deutsche said in the report that management board members
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Market focus is largely attuned to central bank expectations, with the Fed due to kick-off its two-day policy meeting later in the session. With global economic growth appearing to slow, most market participants anticipate the U.S. central bank to strike a dovish tone on Tuesday. The Federal Reserve is also expected to lower its interest
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Boeing CEO Dennis Muilenburg restated the aircraft maker’s commitment to safety on Monday night, and he again pledged to provide a software update and training to pilots related to the 737 Max airliner. The executive said that Boeing will maintain its “relentless commitment to make safe airplanes even safer.” His comments come as aviation authorities
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Lyft is poised to rake in as much as $2 billion when it debuts on the public markets later this month, and its major stakeholders are set to get rich. The company plans to sell roughly 30 million class A shares at between $62 and $68 a piece, valuing the ride-hailing firm at up to
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In Asia, MSCI’s broadest index of Asia-Pacific shares, excluding Japan, rose around 0.6 percent. Back in Europe, market focus is largely attuned to the latest Brexit developments. British Prime Minister Theresa May is scrambling to secure support for her Brexit deal once again, with only three days left to win approval from U.K. lawmakers ahead
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Deripaska told CNBC that both countries are prepared to spend trillions of dollars on defense despite that more than half of such an expenditure was likely to be “unnecessary.” When asked whether the prospect of a change of president in the U.S. next year might present an opportunity for improved ties between Washington and Moscow,
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Microsoft has plenty of experience in the auto industry, beyond Volkswagen. The company has highlighted Aston Martin, Honda, Mazda and the Renault-Nissan Alliance as Azure customers, and Nadella said in a 2016 interview with the Wall Street Journal that Daimler, BMW, Ford and Toyota are “significant customers of ours.” “I’m very thrilled about all the
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