Author: TraderPlanet TraderPlanet

ST PAUL, Minn. (AP) — 3M is buying medical technology company Acelity for $6.7 billion, including debt. Acelity Inc., based in The San Antonio, Texas, makes advanced wound care products and had $1.5 billion in revenue last year....

MILAN (AP) — Fiat Chrysler Automobiles says it has completed the sale of components maker Magneti Marelli to Japanese supplier Calsonic Kansei, allowing a special dividend to shareholders for the first time in a decade. The...

MADISON, Wis. (AP) — Foxconn Technology Group CEO Terry Gou has met with President Donald Trump to discuss the company’s ever-changing Wisconsin project. Foxconn confirmed the meeting on Thursday but offered few details on...

NEW YORK (AP) — The latest on developments in financial markets (all times local): 9:35 a.m. Stocks are off to a mixed start on Wall Street as losses in industrial and energy companies are offset slightly by gains in banks and...

NEW YORK (AP) — Congress has agreed to postpone a deadline for two banks to respond to subpoenas seeking President Donald Trump’s financial records. Trump filed a lawsuit Monday in New York seeking to block Deutsche...

PALO ALTO, Calif. (AP) — A week after posting a huge first quarter loss and saying the company needs to raise cash, Tesla is doing just that and CEO Elon Musk will buy $10 million worth of stock in an $1.5 billion offering of...

LONDON (AP) — Canadian aerospace company Bombardier says it will sell businesses in Northern Ireland and Morocco as part of a broad restructuring. The company said Thursday it will consolidate its aerospace operations into one...

BLOOMFIELD, Conn. (AP) — Cigna’s first quarter earnings topped analyst expectations, as a major acquisition helped push the health insurer’s net income past $1 billion. Cigna closed its $52 billion purchase of...

WASHINGTON (AP) — U.S. productivity grew at a solid 3.6% rate in the first three months of this year, the strongest quarterly gain in more than four years and a hopeful sign that a long stretch of weak productivity gains may be...

WASHINGTON (AP) — US productivity in Q1 rises at solid 3.6% rate in best showing since 2014, while labor costs fall.