Recent Posts

Intuit to acquire Mailchimp for $12b

Bloomberg Intuit Inc, the maker of TurboTax and QuickBooks software, agreed to buy privately held email marketing firm Mailchimp for $12 billion in cash and stock, uniting two providers of services for small businesses. The deal will bolster Intuit’s offerings for businesses looking for ways to reach and serve customers online. Intuit has offered QuickBooks accounting software to clients for ...

Read More »

Hungary plans multi-part bond sale to shore up its budget

Bloomberg Hungary plans to offer a range of dollar and euro bonds to shore up its budget as it’s facing a potential delay in accessing European Union (EU) funds because of a feud with the bloc over democratic values. The country may sell 10-year and 30-year bonds in dollars, as well as seven-year and/or 20-year bonds in euros, according to ...

Read More »

Stocks fluctuate before US CPI as crude oil advances

Bloomberg Stocks and US futures fluctuated ahead of inflation data that could influence expectations about the Federal Reserve’s likely timing for paring stimulus. Treasury yields and the dollar were steady. Basic-resources shares declined in Europe as iron ore dropped for a fifth day, with production curbs in China weighing on demand and investors awaiting industrial and economic data due this ...

Read More »
Send this to a friend