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  • World
    Bloomberg

    European Markets Rise on Bets Le Pen to Miss Absolute Majority

    (Bloomberg) -- The euro strengthened and European stock futures gained as traders digested signs that Marine Le Pen’s far-right party was poised to win the first round of France’s legislative election with a smaller margin than some polls had indicated.Most Read from BloombergJustice Department to Charge Boeing, Seeks Guilty Plea from PlanemakerLe Pen’s Far Right Wins First Round, Chases French MajorityTrump as President or Private Citizen: Why Supreme Court’s Immunity Ruling Is a TestBiden Asks

  • Business
    Bloomberg

    China Dividend Stocks Outperform Growth Peers by Most Since 2019

    (Bloomberg) -- Chinese shares with high dividend yields continued to gain popularity among investors as a lackluster economic outlook provided little impetus to shift to growth stocks just yet. Most Read from BloombergJustice Department to Charge Boeing, Seeks Guilty Plea from PlanemakerLe Pen’s Far Right Wins First Round, Chases French MajorityTrump as President or Private Citizen: Why Supreme Court’s Immunity Ruling Is a TestBiden Asks Donors to Stay Following Disastrous DebateBlackRock Buys P

  • Business
    Associated Press Finance

    Boeing announces purchase of Spirit AeroSystems for $4.7 billion in stock

    Boeing announced plans to aquire Spirit AeroSystems for $4.7 billion in an all-stock transaction for the manufacturing firm, which already was part of the aerospace company's manufacturing chain. Boeing, located in Arlington, Virginia, announced the purchase in a statement late Sunday. The acquisition's equity value of $4.7 billion is $37.25 per share, while the total value of the deal is around $8.3 billion, which includes Spirit’s last reported net debt, the aerospace company said.