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Billionaire investor William Ackman, whose portfolio has gained almost 50% this year, said his fund can keep delivering "high, long-term" returns, and he expects that a newly disclosed stake in Berkshire Hathaway Inc will help boost gains......»»

Located near Billionaire's Row, the home had been listed for $28.5 million, which in 2016, was almost $10 million more than its closest rival in price......»»

Selecting individual dividend stocks takes research and tenacity. This long-term diversified approach may serve you better......»»

An "explosive cyclical reopening of the global economy" will raise inflation, and investors should prepare for lower stock returns as a result, BofA said. John Moore/Getty Imag.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

The Bank of Spain estimates that 18% of Spanish companies are insolvent, given that their net debt exceeds more than 12 times their expected profits in.....»»

Wells Fargo has taken a big step forward in resolving a 2018 regulatory consent order that saddled the bank with an asset cap, according to a Bloomberg report......»»

Reuters/ Jeff Zelevansky.....»»

"While the long-term effects of the pandemic on the general economy are uncertain at this time, we did experience another strong quarter across key financial metrics," Scott Kavanaugh, CEO, told PBN......»»

The FDIC and others are making a push to sign Americans up for bank accounts so they can get their stimulus checks faster and develop and long-term relationships with banks......»»

The FDIC and others are making a push to sign Americans up for bank accounts so they can get their stimulus checks faster and develop and long-term relationships with banks......»»

JPMorgan Chase & Co, the largest U.S. bank, has taken action against more than a dozen traders for using WhatsApp at work, firing one and cutting bonuses for the rest, Bloomberg news reported on Wednesday, citing people with knowledge of the matter......»»

These four top U.S. banks are incredibly cheap, pay dividends that should remain intact, are rated Buy at Merrill Lynch and offer investors with a long-term time frame tremendous opportunity......»»

HONOLULU, April 6, 2020 /PRNewswire/ -- Matson, Inc. (NYSE:MATX) announces preliminary first quarter financial results, amendments to its bank and long-term note agreements to enhance liquidity, and withdraws its financial outlook for the full year 202.....»»

International Business Machines Corp on Monday named former Bank of America Corp top technology executive Howard Boville head of its cloud business, as Arvind Krishna takes over from long-time chief Ginni Rometty......»»

Still, Dick Bove of Odeon Capital Group cautions against banks’ long-term outlook......»»

The Fed cut short-term rates to zero, renewed bond purchases to lower long-term rates and encouraged bank loans to combat the .....»»

The Federal Reserve, long criticized for being too white and male, crossed a substantial milestone last year: for the first time in its 107-year history, white men held fewer than half of board seats at the Fed's 12 regional outposts......»»

China is taking a great leap forward to develop a central bank digital currency, with more than 80 patents filed by the People’s Bank last week......»»

China is taking a great leap forward to develop a central bank digital currency, with more than 80 patents filed by the People’s Bank last week......»»