Corporate stock

Saudi Arabia's state-owned oil company Saudi Armco and stock market officials celebrate during the official ceremony marking the debut of Aramco's initial public offering (IPO) on the Riyadh's stock market in Riyadh, Saudi Arabia, Wednesday, Dec. 11, 2019. (AP Photo/Amr Nabil)
December 11, 2019 - 2:01 pm
RIYADH, Saudi Arabia (AP) — Saudi Arabian oil company Aramco surpassed Apple as the world's most valuable public company Wednesday when its shares made their debut on the Saudi stock exchange, part of an ambitious shift away from the very fossil fuels the country's economy depends on. The shares'...
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FILE - In this Wednesday, Dec. 4, 2019 file photo, Tesla CEO Elon Musk arrives at U.S. District Court in Los Angeles. Musk did not defame a British cave explorer when he called him “pedo guy” in an angry tweet, a Los Angeles jury found Friday, Dec. 6, 2019. (AP Photo/Mark J. Terrill, File)
December 06, 2019 - 7:01 pm
LOS ANGELES (AP) — Elon Musk defeated defamation allegations Friday from a British cave explorer who claimed he was branded a pedophile when the Tesla CEO called him “pedo guy” in an angry tweet. Vernon Unsworth, who participated in the rescue of 12 boys and their soccer coach trapped for weeks in...
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FILE - In this Nov. 3, 2019, file photo, a man walks past a compound for Saudi Aramco in Jiddah, Saudi Arabia. Saudi Arabia's state-owned oil company Aramco on Thursday, Dec. 5, set a share price for its IPO, that puts the value of the company at $1.7 trillion, more than Apple or Microsoft. (AP Photo/Amr Nabil, File)
December 05, 2019 - 1:07 pm
DUBAI, United Arab Emirates (AP) — Saudi Arabia's state-owned oil company Aramco on Thursday set a share price for its IPO — expected to be the biggest ever — that puts the value of the company at $1.7 trillion, more than Apple or Microsoft. The company said it will sell its shares at 32 riyals ($8...
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FILE - In this Dec. 8, 2013 file photo, steel beams sit outside Arena de Sao Paulo in Sao Paulo, Brazil. President Donald Trump on Dec. 2, 2019 accused Brazil and Argentina of hurting American farmers through currency manipulation and said he’ll slap tariffs on their steel and aluminum imports to retaliate. (AP Photo/Ferdinand Ostrop, File)
December 03, 2019 - 5:41 am
CLEVELAND (AP) — Cleveland-Cliffs will buy AK Steel in a stock deal valued at about $1.1 billion. The companies say the tie-up will create a vertically integrated company that pairs Cleveland-Cliff’s iron ore pellet production with AK Steel’s rolled and stainless steel operations. Cleveland-Cliffs...
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A currency trader watches computer monitors at the foreign exchange dealing room in Seoul, South Korea, Friday, Nov. 29, 2019. Shares extended losses in Asia on Friday after Japan and South Korea reported weak manufacturing data that suggest a worsening toll from trade tensions. (AP Photo/Lee Jin-man)
November 29, 2019 - 10:53 am
Stocks fell broadly on Wall Street Friday following a shortened trading session a day after the Thanksgiving holiday that left the market slightly below its record highs. Technology, health care and industrial stocks accounted for a big slice of the selling. Several big retailers also dragged the...
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A screen shows footage of Alibaba Group co-founder Jack Ma during the Alibaba Group's listing ceremony at the Hong Kong Stock Exchange (HKEX) in Hong Kong, Tuesday, Nov. 26, 2019. (AP Photo/Kin Cheung)
November 26, 2019 - 1:16 am
HONG KONG (AP) — Chinese e-commerce giant Alibaba’s shares jumped 6.6% in their debut on the Hong Kong stock exchange on Tuesday, an auspicious start at a time when the former British colony is reeling from political unrest. Alibaba closed at 187.60 Hong Kong dollars ($23.96) per share after...
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FILE - This July 14, 2010, file photo, shows a Charles Schwab office in Oakland, Calif. Charles Schwab is buying rival TD Ameritrade for $26 billion, a blockbuster deal accelerated by disruption in the online brokerage industry. The tie-up announced Monday, Nov. 25, 2019, would create a company so big, however, that it may draw sharp scrutiny from antitrust regulators.(AP Photo/Paul Sakuma, File)
November 25, 2019 - 9:24 am
NEW YORK (AP) — Charles Schwab is buying rival TD Ameritrade in a $26 billion stock swap, a blockbuster agreement accelerated by massive disruption in the online brokerage industry. Competitive pressure has already forced brokerages to make it free for customers to trade U.S. stocks online, and...
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November 24, 2019 - 2:06 pm
Swiss pharmaceutical company Novartis has reached a deal to buy cholesterol drugmaker The Medicines Co. for $9.7 billion. Novartis will pay $85 per share for the New Jersey biotech company, a sharp increase over The Medicine Co.’s Friday closing price of $68.55 per share. The deal is worth $9.7...
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FILE - In this Oct. 14, 2019 file photo, Saudi Arabia's King Salman attends the official welcome ceremony for Russian President Vladimir Putin in Riyadh, Saudi Arabia. On Wednesday, Nov. 20, 2019, Salman touted his country’s reforms in his annual address and stressed the importance of his government’s decision to publicly list shares of the state-run oil giant Aramco. King Salman also commended a decision to grant tourist visas, describing the move as a way to attract investments and showcase Saudi heritage and culture. (AP Photo/Alexander Zemlianichenko, Pool, File)
November 20, 2019 - 8:27 am
RIYADH, Saudi Arabia (AP) — Saudi King Salman touted his country’s reforms in his annual address Wednesday and stressed the importance of his government’s decision to publicly list shares of the state-run oil giant Aramco. He also used his speech to warn rival Iran against further aggressions. Two...
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FILE - In this May 27, 2016, file photo, a woman rides a bike past the company logo outside the Alibaba Group headquarters in Hangzhou, in eastern China's Zhejiang province. The Chinese e-commerce giant Alibaba has raised about $11 billion in a share offering in Hong Kong, the city’s biggest offering since 2010. Alibaba said Wednesday that it has set the price for the offering at 176 Hong Kong dollars ($22.50) per share. (AP Photo/Ng Han Guan, File)
November 20, 2019 - 3:40 am
BEIJING (AP) — The Chinese e-commerce giant Alibaba has raised at least $11 billion in a share offering in Hong Kong, netting the city’s biggest offering since 2010 despite recent political turmoil. Alibaba said Wednesday that it has set the price for the offering at 176 Hong Kong dollars ($22.50)...
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