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Stock Market

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  • Stocks tumble on fears fueled by Portuguese bank's troubles

     Stocks tumble on fears fueled by Portuguese bank's troubles
    Stocks tumbled in early trading Thursday as the troubles of a leading Portuguese bank renewed concerns about the European banking sector.
  • New publicly traded REIT to have Orlando HQ

    New publicly traded REIT to have Orlando HQ
    A new publicly traded company, Xenia Hotels & Resorts, may be headquartered in Orlando. The company was formerly known as Inland American Lodging, which owns the Grand Bohemian Hotel in downtown Orlando. It’s parent company, Inland American Real...

    ADM buys ingredients company Wild Flavors for about $3 billion

    ADM buys ingredients company Wild Flavors for about $3 billion
    Agribusiness giant Archer Daniels Midland, which will soon be based in Chicago, said Monday it will buy Swiss-German natural ingredient company Wild Flavors for $3 billion, a move aimed at diversifying the company and helping brands appeal to consumers...

    Malcolm Glazer, owner of Tampa Bay Buccaneers, dies at 85

     Malcolm Glazer, owner of Tampa Bay Buccaneers, dies at 85
    Malcolm Glazer, who ascended from near-poverty as a teenager to owning the NFL's Tampa Bay Buccaneers and international soccer powerhouse Manchester United, died Wednesday, the Buccaneers announced. He was 85. Glazer suffered two strokes in 2006 that...

    Egypt stock market plunges after election

    Egypt stock market plunges after election
    The Egyptian stock market fell precipitously Sunday as traders reacted to controversy surrounding last week's presidential vote and a newly proposed capital gains tax. The securities benchmark, known as EGX30, fell 5.7%, prompting the stock exchange...