What dealmakers really need to see from Trump, according to Morgan Stanley’s M&A chief

The Trump White House will need to provide more clarity on tax reform before mergers and acquisitions really take off, Morgan Stanley’s M&A chief Robert Kindler said on Monday. After the House Republicans’ failed health-care bill last month, President...

Wall Street is vastly underestimating how many people are going to buy the next iPhone, analyst says

People are vastly underestimating how big Apple’s next iPhone cycle will be, said Timothy Arcuri, managing director at Cowen and Company. Analysts surveyed by FactSet expect Apple to sell 82 million iPhone units during this year’s holiday quarter, up from...