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Big bank stocks could rise by another 21% in a "renaissance" for the sector supported by economic recovery, says Bank of America

Shares of big US banks could rise by another 21% on the back of a US economy that's "fast gaining steam," says Bank of America. boonchai wedmakawand/Getty Images Bank of America has increased its pr.....»»

Category: smallbizSource: nytMar 23rd, 2021

4 Qualcomm Analysts On "Capacity-Constrained" Quarter, 2021 Outlook

QUALCOMM, Inc. (NASDAQ: QCOM) shares pulled back Thursday in the wake of the company's first-quarter rep.....»»

Category: blogSource: benzingaFeb 4th, 2021

4 Qualcomm Analysts On "Capacity-Constrained" Quarter, 2021 Outlook

QUALCOMM, Inc. (NASDAQ: QCOM) shares pulled back Thursday in the wake of the company's first-quarter report.  The Qualcomm Analysts: Rosenblatt Securities analyst Kevin Cassidy maintained a Buy rating on Qualc.....»»

Category: earningsSource: benzingaFeb 4th, 2021

Banks receive Fed approval to buy back stock

Bank stocks rallied sharply Monday after the Federal Reserve gave financial institutions the greenlight to buy back shares......»»

Category: topSource: foxnewsDec 21st, 2020

Big U.S. banks halt stock buybacks, citing customer needs during coronavirus

The United States' biggest banks will stop buying back their own shares, and will instead use that capital to lend to individuals and businesses affected by the coronavirus, an industry trade group said on Sunday......»»

Category: topSource: reutersMar 15th, 2020

Asia Markets: Asian markets pull back as Japan-South Korea trade tensions escalate

Asian shares were lower Friday as investors continued to watch the brewing trade conflict between China and the U.S., and any signs of what’s in store from central banks......»»

Category: topSource: marketwatchJul 25th, 2019

Exclusive: Kenya Airways goes full circle with two-year nationalization plan

Kenya will take at least 21 months to take back full control of its national carrier Kenya Airways , buying out minority shareholders and converting shares held by banks into Treasury bonds, a lawmaker briefed on the transaction said......»»

Category: topSource: reutersJul 25th, 2019

Inovio Pharma stock slips as AstraZeneca unit scales back agreement

Inovio Pharmaceuticals Inc. shares fell in the extended se.....»»

Category: topSource: marketwatchMay 28th, 2019

MarketWatch First Take: Qualcomm is tossed back into the uncertainty that the Apple settlement seemed to cure

Earlier this month, Qualcomm investors thought some of the chip maker’s legal issues were abating after the company’s big agreement with Apple, but on Wednesday, the company was seen as having more uncertainty after a federal court ruling......»»

Category: topSource: marketwatchMay 22nd, 2019

Stocks decline amid lingering trade war concerns

Stocks pulled back Wednesday as trade worries increased and as declines in Qualcomm and retailer shares also dampened market sentiment......»»

Category: topSource: moneycentralMay 22nd, 2019

Stocks decline amid lingering trade war concerns

Stocks pulled back Wednesday as trade worries increased and as declines in Qualcomm and retailer shares also dampened market sentiment......»»

Category: topSource: moneycentralMay 22nd, 2019

World shares fall as China stimulus worries offset upbeat Credit Suisse earnings

World shares took a step back on Wednesday as signals that China has put broader stimulus on hold offset positive results from Credit Suisse, which kicked off the earnings season for European investment banks......»»

Category: topSource: reutersApr 24th, 2019

Qualcomm soars after Apple patent settlement

Shares of chip technology company Qualcomm surged 22 percent after it reached a six-year licensing agreement with Apple, ending a long-running bitter dispute between the two tech giants. Conway G. Gittens reports......»»

Category: videoSource: reutersApr 17th, 2019

Qualcomm soars on Apple patent settlement

Shares of chip technology company Qualcomm surged 22 percent after it reached a six-year licensing agreement with Apple, ending a long-running bitter dispute between the two tech giants......»»

Category: videoSource: reutersApr 16th, 2019

Growth woes, trade tension douse rally in Asian shares

Asian stocks stepped back from near eight-month highs on Thursday and the dollar eased as cautious European and U.S. central banks reinforced investors' worries about the slowing global economy and trade protectionism......»»

Category: topSource: reutersApr 11th, 2019

Growth woes douse rally in Asian shares, dollar slips

Asian stocks stepped back from near eight-month highs on Thursday and the dollar eased as European and U.S. central banks reinforced investor worries about the global economic outlook and trade protectionism......»»

Category: topSource: reutersApr 10th, 2019

Stocks Bounce Back, Led by Banks

Surging shares of banks led U.S. stocks higher as investor optimism brightened ahead of the start of what is expected to be another strong earnings season......»»

Category: topSource: wsjApr 12th, 2018

Sharp to buy Toshiba PC business, issue $1.8 billion in new shares

TOKYO (Reuters) - Japan's Sharp Corp said it will buy Toshiba Corp's personal computer business and issue $1.8 billion in new shares to buy back preferred stock from banks, highlighting a swift recovery under the control of Foxconn......»»

Category: topSource: reutersJun 5th, 2018

Fed gives OK to 32 of 35 biggest US banks to raise dividends

The Federal Reserve has given the OK to 32 of the 35 biggest banks in the U.S. to raise their dividends and buy back shares, judging their financial foundations sturdy enough to withstand a major economic downturn. .....»»

Category: topSource: moneycentralJun 28th, 2018

Fed gives OK to 32 of 35 biggest US banks to raise dividends

The Federal Reserve has given the OK to 32 of the 35 biggest banks in the U.S. to raise their dividends and buy back shares, judging their financial foundations sturdy enough to withstand a major economic downturn......»»

Category: topSource: foxnewsJun 28th, 2018