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Take Five: A week in central banking
Geopolitics overshadowed monetary policy for the first time in many months in early January. But such distractions tend to be short-lived nowadays, with investors getting back to central bank-watching swiftly......»»
Bank of America"s stock gains after profit, revenue top expectations
Shares of Bank of America Corp. rose 0.7% in premarket trading Wednesday, after the bank reported fourth-quarter earnings that topped expectations. Net income was $6.75 billion, or 74 cents a share, compared with $7.04 billion, or 70 cents .....»»
Hedge Fund and Insider Trading News: Bill Ackman, Marshall Wace, Greenlight Capital, Becton Dickinson and Co (BDX), On Track Innovations Ltd (OTIVF), and More
Hedge Fund Marshall Wace Takes Short Position in Danske Bank (Reuters) COPENHAGEN (Reuters) – Hedge fund Marshall Wace is betting on .....»»
Dow snaps 5-day win streak after weak earnings from FedEx
Stocks ended little changed Wednesday, reversing gains late in trading after Wall Street fell short of extending its winning streak to six days. Gains were kept in check by weak earnings from shipping giant FedEx......»»
Stocks close little changed after weak earnings from FedEx
Stocks ended little changed Wednesday, reversing gains late in trading after Wall Street fell short of extending its winning streak to six days. Gains were kept in check by weak earnings from shipping giant FedEx......»»
Stocks close little changed after weak earnings from FedEx
Stocks ended little changed Wednesday, reversing gains late in trading after Wall Street fell short of extending its winning streak to six days. Gains were kept in check by weak earnings from shipping giant FedEx......»»
Campbell Soup"s stock swings higher after profit beat expectations, while sales fell short
Shares of Campbell Soup Co. swung to a gain of 1.3% in midday trading Tuesday, after the soups, simple meals and snacks company reported fiscal first-quarter profit that topped expectations, although sales that fell short. The gains r.....»»
Bitcoin Price Hits Five-Week High Above $10,000
Bitcoin's price jumped above $10,000 in the Asian trading hours, but the breakout into five digits was short-lived......»»
Bank of America puts investments over cost cuts as "operating leverage" fades
For the first time in nearly five years, Bank of America Corp did not rely on cost cuts to amplify profits – the latest sign of big U.S. banks prioritizing investments in their businesses over short-term gains......»»
Bank stocks swing to gains after jobs data
Financial stocks pulled a sharp U-turn in premarket trading Friday, swinging to broad gains from broad losses, after the government's September jobs report, which showed new hiring was less than expe.....»»
WTO win won"t sway United States from its combative trade stance
President Donald Trump has hailed a ruling by the World Trade Organization (WTO) that gives the United States the right to hit Europe with tariffs, but his new-found satisfaction with the WTO's rules-based approach is expected to prove short-lived......»»
Oil Falls As Saudi Arabia Projects Quick Recovery From Drone Attack
Oil prices soared Monday in reaction to a drone attack on Saudi Arabian oil facilities, but most of the gains were short-lived: WTI and Brent crude prices were each down more than 5% Tuesday. read more.....»»
Wall Street gains on easing trade concerns, euro zone stimulus
U.S. stocks gained in morning trading on Thursday after the United States delayed scheduled tariff hikes on billions worth of Chinese imports, and the European Central Bank launched a stimulus drive to boost the ailing euro zone economy......»»
Lyft"s stock gains after Deutsche starts coverage with bullish rating, target implies 51% gain
Shares of Lyft Inc. rose 0.3% in midday trading Thursday, to extend the bounce of Tuesday's record low close, after Deutsche Bank analyst Lloyd Walmsley started coverage of the ride-hailing co.....»»
Hexo’s “Smoke-Free†Strategy Is Solid, but Shares Remain Overvalued
InvestorPlace - Stock Market News, Stock Advice & Trading Tips The Hexo stock price remains inflated. Investors are betting on the company's future potential. Long-term, shares could see big gains. But short-term vol.....»»
Citigroup profit beats estimates on gains in consumer lending
Citigroup Inc beat analysts' estimates for quarterly profit on Monday, as a tight lid on costs and strength in consumer lending helped the third-largest U.S. bank counter weakness in its trading business......»»
Bank of America"s stock gains after BMO analyst"s bullish call
Shares of Bank of America Corp. gained 0.4% in premarket trading Tuesday, after a bullish call from BMO Capital analyst James Fotheringham, who said Street expectations and valuations "look too low." Fotheri.....»»
Bull Trap? Bitcoin’s Price Rise to $8,300 Isn’t Backed by High Volumes
A clear divergence between prices and trading volumes on the charts suggests bitcoin’s recent $800 rally could be short-lived......»»
Credit Suisse lifts profit with surprise equity trading gains
A surprise uplift in Credit Suisse's Q1 earnings set a positive tone for this quarter's European bank results on Wednesday. David Pollard reports......»»
Credit Suisse lifts profit with surprise equity trading gains
Credit Suisse set a positive tone for this quarter's European bank results on Wednesday, lifting its net profit as gains in equities and deeper ties between trading and private banking helped offset lower revenue......»»