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Tag Archives: stock exchange

US stocks surge after China cuts rates to help economy

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U.S. stocks surged in early trading Tuesday after China’s central bank cut its key interest rate in a bid to boost growth in the world’s second-largest economy. The move erased some of the stock market’s heavy losses from a day earlier when concerns over a slowdown in China’s economy rattled global markets and knocked down the Dow Jones industrial average ...

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Dallas company looking to purchase Seventh Knight via stock swap

VICKSBURG — Fusion-Q of Dallas, Texas, has made a tender offer to acquire the shares of Seventh Knight Inc. Under the terms, Fusion-Q has tendered an offer to acquire Seventh Knight with Fusion-Q preferred stock in exchange for the 9,674,403 shares of common stock outstanding stock of Seventh Knight. Thereafter, each Fusion-Q preferred share would be convertible into one share ...

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