In a situation like this, there are typically two paths to boost shareholder value, including a potential overhaul of management
Schlagwort-Archiv: CNBC
JPMorgan and Morgan Stanley boost buybacks and dividends, while Citigroup and BofA take smaller steps
The big banks announced their plans to boost capital return to shareholders after passing the annual stress test administered by the Federal Reserve this week.
Western clothing craze sends sales of denim dresses and skirts soaring, Levi Strauss says
The 171-year-old jeans maker said sales of denim skirts, pantsuits and dresses are double last year’s rate.
Warren Buffett gives away another $5.3 billion, says his children will manage his estate
Warren Buffett on Friday made his biggest annual donation to date, giving $5.3 billion worth of Berkshire Hathaway shares to five charities.
Apple’s Vision Pro starts deliveries at a higher price in China than in the U.S.
Apple’s mixed-reality headset began deliveries in China on Friday with a retail price 18% higher than in the U.S.
Chinese smartphone maker Honor says AI’s power is ‚worthless‘ without data privacy
The transforming power of artificial intelligence is of no value unless user data is protected, says the CEO of Chinese smartphone company Honor, George Zhao.
IMF says Fed should hold interest rates where they are until ‚at least‘ end of year
IMF managing director Kristalina Georgieva said Thursday that the Federal Reserve should hold off on rate cuts until ‚at least‘ the second half of the year.
Chewy stock pops 34% after Roaring Kitty posts a dog picture, then gives it all back
Shares of the online pet food retailer saw a big roundtrip after Roaring Kitty posted a picture on social media platform X resembling its logo.
Nike shares plunge after retailer says quarterly sales will fall 10%, warns on China weakness
Nike has found itself in a rough patch as the sneaker giant has worked to claw back market share it’s ceded to upstarts like On Running and Hoka.
JPMorgan Chase says its stress test losses should be higher than what the Fed disclosed
Last year, Bank of America and Citigroup made similar disclosures, saying that estimates of their own future income differed from the Fed’s results.