Stock futures edge lower after market rout

Stock futures edge lower after market rout

Stock futures fell Thursday evening, extending declines after the three major indices closed out their worst day since mid-March. The rout came as investors nervously eyed rising coronavirus cases in some parts of the country and considered officials’ warnings of sustained economic damage due to the outbreak. By Thursday’s close, the Dow’s drop of 6.9%, […]
Mega merger deals ‘of the table for now’: CEO of PJ Solomon

Mega merger deals ‘of the table for now’: CEO of PJ Solomon

Mega merger and acquisition deals are “off the table for now,” but companies in distressed industries will likely come together to survive the fallout of COVID-19, says Marc Cooper, CEO of PJ Solomon. “Mega cap transactions we’ve seen over the past bunch of...