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Europe Markets: European stocks kick off fourth quarter in upbeat style

Thu, 01 Oct 2015 11:25:07 +0000

European stock markets enter the final quarter of the year in upbeat fashion, as investors welcome better-than-expected factory data from China.

The Wall Street Journal: First Data to raise up to $3.68 billion in IPO

Thu, 01 Oct 2015 11:22:51 +0000

Payment-processing giant owned by KKR to offer 160 million shares.

Need to Know: Wall Street’s obsession could cost it a stock-market rally

Thu, 01 Oct 2015 11:13:58 +0000

If this market is going to go for that year-end rally, then it’s not just earnings that need to happen. It’s the psyche of Wall Street that’s got to change, and its overseas obsession.

Illumina downgraded to market perform from outperform at Leerink Partners

Thu, 01 Oct 2015 11:13:04 +0000

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First Data could raise nearly $4 billion through its IPO

Thu, 01 Oct 2015 11:07:51 +0000

First Data Corp. could raise close to $4 billion in its initial public offering, the payment processing company disclosed in a regulatory filing on Thursday. The company said it is offering 160 million shares at a range of $18 to $20, which at the top of the range would total $3.2 billion. The stock will be listed on the NYSE under the ticker symbol "FDC." If the underwriters exercise their options to purchase up to an 24 million additional shares, First Data could raise up to $3.68 billion. First Data plans to use the proceeds to pay down debt and for other general corporate purposes. After the IPO is completed, Kohlberg Kravis Roberts & Co. will still have majority control of the company. Citigroup, Morgan Stanley, Bank of America Merrill Lynch and KKR are the joint book-running mangers of the IPO.

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% of homes lost value over the last year

Thu, 01 Oct 2015 11:01:35 +0000

Across 35 metro areas lie dramatically different housing markets.

London Markets: Miners propel FTSE 100 higher after China data beat forecasts

Thu, 01 Oct 2015 10:52:46 +0000

U.K. stocks climb for a second straight day on Thursday, propelled by better-than-expected manufacturing data from China, which calm fears about the economic slowdown in the world’s second largest economy.

Deep Dive: Caesars Entertainment and five other stocks to sell short

Thu, 01 Oct 2015 10:45:05 +0000

George Schultze of Schultze Asset Management explains how to make money from distressed companies.

The Wall Street Journal: Hillary Clinton cache of emails has two months missing

Thu, 01 Oct 2015 10:38:52 +0000

About two months of emails from the start of Hillary Clinton’s tenure as secretary of state are missing, and federal officials haven’t been able to recover them.

Germany's DAX turns negative, now down 0.1% at 9,649.98

Thu, 01 Oct 2015 10:25:51 +0000