 | | | | Intercontinental Exchange Inc said on Thursday it would buy Ellie Mae, a cloud-based platform provider for the mortgage finance industry, from private equity investment Thoma Bravo in a deal valued at $11 billion. | | | | | | Shares on Wall Street shrugged off a sluggish start and closed higher on Thursday, with the Nasdaq ending the session above 11,000 for the first time as investors hoped for a new fiscal stimulus package. | | | | | | T-Mobile US Inc said on Thursday it added more monthly bill-paying phone subscribers than expected in the second quarter, as more people used its services to stay connected and work remotely during coronavirus lockdowns. | | | | | | Global equity markets edged higher and bond yields eased off earlier lows on Thursday as investors awaited word on a new U.S. aid package to counter economic fallout from the coronavirus crisis. | | | | | | Uber Technologies Inc said demand for its food-delivery service more than doubled in the second quarter as many users remained largely homebound, while demand for ride-hailing trips was only marginally recovering from pandemic rock-bottom. | | | | | | Argentina's $65 billion debt restructuring agreement with bondholders will likely lead to credit upgrades but is far from ensuring the country's longer-term economic future, rating agencies told Reuters on Thursday. | | | | | | AbbVie Inc has agreed to pay $24 million to settle a lawsuit that alleged insurance fraud by the drugmaker in promoting its blockbuster drug Humira, California's insurance regulator said on Thursday. | | | | | | Airbus SE was sued on Thursday by shareholders who accused the European planemaker of securities fraud for misleading them about its ability to avoid and manage corruption accusations over nearly 4-1/2 years. | | | | | | Oil prices hovered near five-month highs on Thursday as support from a weak dollar and Iraq's planned production cuts counteracted bearish sentiment about fuel demand, pushing the benchmarks in and out of positive territory. | | | | | | Shares of Rocket Cos Inc rose 15% following their New York debut on Thursday, a day after the parent company of U.S. mortgage lender Quicken Loans slashed the targeted size of its initial public offering by over $1 billion. | | | | | |
