Xilinx working with Barclays to acquire Mellanox, deal could be announced in December, sources say

Xilinx, a $22 billion chipmaker, has hired Barclays to advise it on a potential acquisition of Mellanox. Buying the company would give Xilinx a broader array of products to sell into the data center market. […]Xilinx, a $22 billion chipmaker, has hired Barclays to advise it on a potential acquisition of Mellanox. Buying the company would give Xilinx a broader array of products to sell into the data center market.Read More

Oil drilling stocks surge after Colorado voters reject restrictions on industry

Oil and gas companies with operations in Colorado are seeing their shares jump after voters rejected a ballot proposal that would have placed tough restrictions on drilling in the Centennial State. […]Oil and gas companies with operations in Colorado are seeing their shares jump after voters rejected a ballot proposal that would have placed tough restrictions on drilling in the Centennial State.Read More

Walmart could hold the key to the retail rally. Here’s why

Retail stocks are bouncing off their October lows, some rallying double-digits in the past two weeks as retail earnings kick into full gear. Some top money managers say investors should consider one retail name in particular: Walmart. […]Retail stocks are bouncing off their October lows, some rallying double-digits in the past two weeks as retail earnings kick into full gear. Some top money managers say investors should consider one retail name in particular: Walmart.Read More

Treasury yields fall after election results come in as expected; Fed kicks off two-day meeting

U.S. government debt prices rose on Wednesday as midterm election results came in line with expectations, seeing the Democrats taking control of the House of Representatives and splitting Congress. […]U.S. government debt prices rose on Wednesday as midterm election results came in line with expectations, seeing the Democrats taking control of the House of Representatives and splitting Congress.Read More