The major averages posted a muted performance as a decline in Netflix weighed on major tech stocks.
Schlagwort-Archiv: CNBC
A ‚value-creating‘ event approaches for this education stock and its friendly activist investor
Pearson is presently searching for a new CEO, which is typically a major lever for activists in helping to create shareholder value.
These business owners got a PPP loan. It may not be enough
Entrepreneurs, like bar and restaurant owners, who received help through the Paycheck Protection Program are running low on funding and face more potential closures as Covid-19 cases rise.
Jamie Dimon’s warning for the U.S. economy — nobody knows what comes next
More than four months into the coronavirus pandemic, the financial damage wrought by the outbreak has yet to fully register.
Without big Wall Street trading arms, regional banks lean on mortgages and fees to beat earnings
Several smaller national and regional banks beat earnings expectations this week despite not having the large trading operations of their larger competitors.
Goldman Sachs shares rise as earnings blow past the Street on the best trading results in years
Expectations for Goldman were running high after JPMorgan Chase and Citigroup posted strong trading, and the firm delivered.
Bank of America shares drop as the firm sets aside another $4 billion for coronavirus-related loan losses
Bank of America’s trading division, similar to what rivals JPMorgan Chase and Citigroup have disclosed, helped offset the drag caused by the coronavirus pandemic.
Morgan Stanley beats estimates for second-quarter profit on strong trading results
Morgan Stanley benefited from one of Wall Street’s best trading quarters in years.
Warren Buffett reaps $40 billion from giant Apple stake since March bottom
Berkshire Hathaway’s Apple stake is now 40% of its equity portfolio after the tech giant’s massive rally.
China’s banks brace for more bad loans as coronavirus-hit economy slows
Rising bad loans are set to squeeze Chinese banks‘ margins and profits in the coming quarters, said analysts.