Michigan News Updates

Atlassian shares quiet after big debut

Atlassian. Shares are up nearly 1% in morning trading, a quieter start compared to its Thursday debut, where the company’s stock closed up 32% to $27.78. The Australian-based software company

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Wells Fargo fund pro sees 10% gain in 2016

There is a lot of tension on Wall Street. The stock market has stalled near record highs. And the Federal Reserve is about to boost interest rates for the first

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Yahoo to hold off on Alibaba spinoff

Struggling Web media company Yahoo has decided to forego its spin-off of its $30 billion-plus stake in Chinese e-tailing giant Alibaba, according to a report by CNBC. As a result

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Firearm stocks jump amid gun control talk

Talk of tighter gun control rules is giving a boost to gun stocks. Following the recent spate of mass shootings in California, Paris and other areas, firearms are back in

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Chinese stocks fall 5.5%, other Asian markets down

China’s main stock market index fell more than 5% on Friday after two securities firms said they are under investigation for possible misconduct. The Shanghai composite index closed 5.5% lower

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Post-split HP 2016 forecast on tap

Wall Street is interested to hear from executives Tuesday of both companies that emerged from last month’s split of Hewlett-Packard, when its fiscal year financials are released after the market

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Mega pharma deal boosts biotech shares, but pharma shares trade mixes

The biggest marriage in the drug industry’s history hasn’t provided the type of booster shot to shares of deal participants

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Stocks’ win streak hits six weeks

Stocks ended mostly higher Friday and bond yields spiked after a robust October jobs report increased the odds that the

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Stocks mostly higher as rally rolls on

Stocks are basically higher Friday as the post-correction rally rolls on amid signs U.S. companies will top low third-quarter earnings

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Wall Street to give Fed minutes a once-over

The Federal Reserve’s September meeting was notable for what the Fed did not do: raise interest rates for the first

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SEC accuses NY trading firm of “spoofing”

A New York trading firm and its co-founder have agreed to a more than $1 million Securities and Exchange Commission

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Nasdaq turns red for 2015; Dow off 77 points

Stocks climbed out of a deep dive Thursday, but the Nasdaq slid into negative territory for the calendar year as

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Ralph Lauren shares soar as founder steps aside

Shares of Ralph Lauren (RL) soared in Wednesday morning trading, the day after the fashion industry icon announced he was

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Tim Cook: Apple is killing it in China

At $116, Apple stock may not be the same buying opportunity it was in late August when shares traded close

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