Bianco Research’s James Bianco warns the economic backdrop could push the Federal Reserve to tighten and upset the stock market.
Kategorie-Archiv: CNBC Financial News
UBS reports its best third quarter for a decade, with a 99% hike in net profit
The world’s largest wealth manager, UBS, reported a jump in net income to $2.1 billion for the third quarter, beating analyst expectations.
IBM reports third straight quarter of revenue declines
Revenue declines have returned under new IBM CEO Arvind Krishna as he seeks to sell off part of the company’s largest business segment.
Procter & Gamble beats estimates as sales jump 9%, raises forecast amid strong demand
Procter & Gamble now expects sales growth of 3% to 4% during fiscal 2021, up from its prior forecast of 1% to 3%.
Acorns partners with ZipRecruiter to launch a job portal within the finance app
Acorns announced a partnership with online job market ZipRecruiter on Monday, which allows clients to browse and apply for jobs within the app.
Watch Fed Chair Jerome Powell speak live to the International Monetary Fund
Powell’s remarks are part of a session on „Cross-Border Payments and Digital Currencies.“
European banks are set for a better earnings season as bad loan payouts stabilize
With European banks gearing up to report third-quarter earnings, analysts are expecting sharp reductions in loan loss provisions to drive a fragile stabilization.
Stocks making the biggest moves in the premarket: Concho Resources, Halliburton, AstraZeneca & more
The stocks making the biggest moves in premarket trading include Concho Resources, Halliburton, AstraZeneca, and more.
Acorns partners with ZipRecruiter to launch a job portal within the finance app
Acorns announced a partnership with online job market ZipRecruiter on Monday, which allows clients to browse and apply for jobs within the app.
Active funds are not being muscled out by ETFs, Refinitiv expert says
Although exchange-traded funds are growing in popularity, they are not yet making meaningful incursions into the territory of actively-managed funds, according to Refinitive’s Head of Lipper EMEA Research, Detlef Glow.