Apple surges 4% to record after forecast shows Wall Street fears over iPhone delay were ‘overblown’

Several Wall Street firms told their clients in recent months they were worried Apple could delay the release of the next iPhone.But analysts are now saying the concerns were overstated after the smartphone maker gave a better-than-expected financial forecast for the...

Exclusive: Hasbro ends talks to buy entertainment company Lionsgate – sources

(Reuters) – U.S toymaker Hasbro Inc (HAS.O) has ended talks to acquire U.S. movie studio and entertainment company Lionsgate Entertainment Corp (LGFa.N), people familiar with the matter told Reuters on Wednesday. The negotiations ended last week because of price...