The central bank’s director of bank supervision said he hasn’t changed his forecast despite a swell in Covid-19 cases that have caused a general slowing in resumption of activities
Schlagwort-Archiv: Financial
Singapore’s top banks are reporting earnings this week. Here’s what to expect
The three largest Singapore-listed banks are expected to report another quarter of lackluster financial results due to the coronavirus pandemic and ultra-low interest rates globally.
Commerzbank profit slumps 21% as loan loss provisions spike, but beats expectations
Commerzbank on Wednesday reported a 21% fall in second-quarter net profit to 220 million euros ($259.7 million) on the back of a sharp increase in loan loss provisions.
Moderna’s second-quarter revenue jumps fivefold on coronavirus vaccine development
Moderna said it has begun talks with multiple countries to supply its potential coronavirus vaccine, called mRNA-1273, and has already received about $400 million in deposits as of July 31.
Disney shares pop after it reveals 100 million streaming subscribers and plans to launch a new streaming service
Disney took a $3.5 billion hit to its operating income from parks being closed during the quarter.
CVS Health raises forecast for year as it adapts to changing health-care habits
The company filled fewer prescriptions during the quarter because of stay-at-home orders, but its health benefits business got a boost as people delayed elective procedures.
Here’s what happened to the stock market on Monday
The major averages started the new month on a high note as tech shares outperformed.
Stocks making the biggest moves after hours: Virgin Galactic, Nikola, ADT and more
See which stocks are posting big moves after the bell.
‚Ominous‘ market pattern could signal a 10% sell-off, CFRA’s Sam Stovall warns
CFRA’s Sam Stovall sees a troublesome seasonal pattern that affects August and September.
Stocks open flat as coronavirus relief talks continue
Stocks fell as lawmakers try to make inroads on a new coronavirus stimulus package and tech shares gave back some of their gains from Monday