US Stocks Jump as Tensions With North Korea Appear to Ease

2017-08-15 0

US Stocks Jump as Tensions With North Korea Appear to Ease
NEW YORK — U. S. stocks rallied Monday as technology companies and banks helped companies regain a lot of the ground they lost last week, although the calm
that has defined the market this year wasn’t quite restored.
It did not say who made the offer, but Neff said its board has decided the new offer is
superior to a bid from H&E Equipment Services that the company accepted last month.
Equipment rental company Neff said it received a buyout offer worth $25 per share, or $596 million.
It did not identify that company and said Fiat Chrysler rejected the offer because it wasn’t high enough, but investors hoped another bid would come.
Shonda Rhimes, the creator of popular television series such as "Scandal"
and "Grey’s Anatomy," will leave ABC and make shows for Netflix under a new contract.
H&E Equipment has the right to match the new offer.
Dave Lafferty said that What the market really reacted negatively to on Thursday was Trump’s somewhat incendiary comments about ’fire and fury,’