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With votes in France's general election first round pointing to no major upset and the strong likelihood of a pro-EU, pro-euro president, markets have read the situation positively with stocks, bonds and the euro’s value against the US dollar set to be boosted. But don't discount further volatility.
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Last month, the Federal Reserve Bank approved People’s United Financial, Inc.’s acquisition of Suffolk Bancorp. As part of its approval, the Fed quadrupled its review threshold for banking M&A transactions from $25B to $100B in combined assets, opening the door for a flurry of banking M&A.
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The breakfast boost hasn't yet faded for McDonald's: the fast-food giant posted better-than-expected first quarter same-store sales Tuesday, thanks largely to its All-Day Breakfast program.
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New home sales in the U.S. saw a substantial increase in the month of March, according to a report released by the Commerce Department on Tuesday. The Commerce Department said new home sales jumped by 5.8 percent to an annual rate of 621,000 in March from a revised 587,000 in February.
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