„I don’t think it can keep going up forever at this pace. I think there will be a pause at some point,“ Carlyle Group co-founder David Rubenstein told CNBC on Monday
Kategorie-Archiv: CNBC Financial News
China’s mega banks lost billions of dollars in profit as bad loans rise during coronavirus pandemic
The five largest Chinese banks posted at least 10% year-on-year fall in profits during the first half of 2020 as they set aside more funds for potential loan losses in the coming months.
Stocks making the biggest moves in the premarket: Honeywell, Amgen, Salesforce, Apple, GE & more
The stocks making the biggest moves in premarket trading include Honeywell, Amgen, Salesforce, Apple, GE, and more.
Dow slips 100 points as Wall Street wraps up its best August in more than 30 years
Stocks were flat on Monday as the S&P 500 and Dow Jones Industrial Average wrapped up their best August performances since the 1980s.
Warren Buffett’s Berkshire Hathaway buys stakes in Japan’s five leading trading companies
News of the purchases came on the Oracle of Omaha’s 90th birthday.
European stocks higher as dovish Fed boosts sentiment; UK closed; Suez soars 19%
European stocks were higher on Monday as dovish U.S. monetary policy signals gave a boost to global risk assets.
Activist sets sights on another health-care company with break-up potential
This is a textbook activist opportunity where a company spends the money from its profitable core business and spends it on a non-core business.
Wirecard’s UK unit confirms plan to sell assets after disgraced payments firm goes bust
Wirecard Card Solutions will meet Friday to outline the terms of a sale of its card technology and associated U.K. assets to Railsbank.
Stocks making the biggest moves midday: Ulta, Coca-Cola, DraftKings & more
Check out the companies making headlines in midday trading.
Here’s what happened to the stock market on Friday
Stocks ended the week on a high note, with the Dow erasing its 2020 losses.