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Paul Dykewicz

U.S. 10-Year Yields at 3-Month Low as U.S. Factory Index Drops

Treasuries rose, pushing 10-year note yields to the lowest in three months, after a private report showed U.S. manufacturing slowed more than forecast in January as the Federal Reserve reduced its bond-buying monetary stimulus.

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Smith & Nephew to Buy ArthroCare for $1.7 Billion in Cash

London-based Smith & Nephew Plc (NYSE: SNN) agreed to buy ArthroCare Corp. (Nasdaq: ARTC), of Austin, Texas, for $1.7 billion in cash to add products for minimally invasive surgery used in sports medicine.

Emerging Market Turmoil, Deflation Jitters Hurt European Shares

European stocks fell on Friday, posting their first monthly loss since August and slowed by concerns that corporate earnings will slide due to weak emerging markets.

Consumer Spending in U.S. Increases More Than Forecast

U.S. consumer spending climbed more than forecast in December, even as incomes stagnated, the Commerce Department reported Friday.

Under Armour Flexes Muscle to Lift Earnings and Sales

Under Armour, Inc. (NYSE: UA) finished 2013 well above analysts’ estimate with its latest quarterly results that blew past profit and sales expectations to send its stock price racing ahead Thursday nearly $20 a share to more than $100.

Investors Left to Guess about Turkey’s Next Economic Move

Turkey ruled out capital controls on Thursday in its efforts to defend the lira’s value and tame inflation, leaving investors guessing about a new economic package by Prime Minister Tayyip Erdogan might contain.