NXP to buy Marvell's Bluetooth, WiFi business

Source: Dukascopy Bank SA
Chipmaker NXP Semiconductors stated it is set to buy Marvell Technology Group's business of wireless connectivity for $1.76B in cash. Shares of Marvell grew 3.84% at $22.17, while shares of NXP declined marginally.
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Wed, 29 May 2019 16:27:01 GMT

AVEVA's profit jums, shares at record high

AVEVA announced its expectations to meet the medium-term target after a 20% increase in annual earnings, supported by demand for the firm's technology. Shares rose to a record high of 3,530 pence on Wednesday, then fell 1.7% by mid-morning.

Wed, 29 May 2019 14:03:27 GMT

US banking sector records $60.7B in Q1 profits

On Wednesday, the US banking service reported $60.7B in profits in this year's Q1, marking a 8.7% or $4.9B jump from the previous year, according to the Federal Deposit Insurance Corporation.

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