Posted at 23:51h
in
News
by KMFSLLP
Morgan Stanley's quarterly profit
fell short of expectations as bond trading revenue slumped more
than rivals and its wealth management business faltered, sending
its shares down 4.4 percent.
...
Posted at 23:35h
in
News
by KMFSLLP
A federal grand jury in
Detroit on Thursday indicted four managers at Volkswagen AG's
luxury Audi unit as part of the U.S. government's
investigation into the German automaker's diesel emissions
cheating scandal, according to court documents.
Posted at 23:16h
in
News
by KMFSLLP
U.S. fund investors charged
into high-yield "junk" bonds during the latest week, pouring in
$3.3 billion, the most cash flowing into that market since late
2016, Lipper said on Thursday, boosted by soothing words by
Federal Reserve Chairman Jerome Powell.
Underscoring investors' appetite for some risk-taking,
investors...
Posted at 23:16h
in
News
by KMFSLLP
American Express Co missed Wall
Street's fourth-quarter profit estimates on Thursday, as the
rate of customer spending slowed despite a strong U.S. holiday
sales season.
...
Posted at 23:02h
in
News
by KMFSLLP
Natural gas and oil firm Gulfport
Energy Corp said it would buy back $400 million of
shares on Thursday, just hours after a public demand to that
effect from hedge fund investor Firefly Value Partners.
Posted at 22:28h
in
News
by KMFSLLP
MADRID, Jan 17 (Thomson Reuters Foundation) - The world has
made far too little progress on the global goals governments
agreed in 2015 to end poverty and hunger and tackle climate
change, with a rising tide of nationalism acting as a wrecking
ball, architects of the goals said on...
Posted at 22:25h
in
News
by KMFSLLP
Brazil's supreme court on
Thursday ordered Rio de Janeiro state prosecutors to temporarily
suspend a probe into suspicious payments made by the former
driver of President Jair Bolsonaro's son, whose lawyers
requested the injunction.
Posted at 22:23h
in
News
by KMFSLLP
China's envoy to Canada on
Thursday warned Ottawa there would be repercussions if it banned
technology firm Huawei Technologies Co Ltd from
supplying equipment to Canadian 5G networks, the latest blast in
a deepening bilateral dispute.
Posted at 22:20h
in
News
by KMFSLLP
Sears Holdings Corp Chairman
Eddie Lampert won a bankruptcy auction to buy the once iconic
U.S. retailer after presenting an improved offer of $5.2
billion, Sears said on Thursday, but creditors quickly moved to
oppose the deal.
Posted at 22:09h
in
News
by KMFSLLP
JPMorgan Chase & Co Chief
Executive Jamie Dimon is receiving a 5 percent raise, bringing
his total 2018 compensation to $31 million, the company said in
a filing on Thursday.
...
