Posted at 20:40h
in
News
by KMFSLLP
Investors slammed U.S.-based
stock funds during the latest week, pulling $17.5 billion, the
most cash from such investments since June, according to Lipper
data on Thursday.
...
Posted at 20:40h
in
News
by KMFSLLP
Activist investor Daniel
Loeb and Campbell Soup Co hardened their positions in
the battle over the soup maker's future on Thursday as the hedge
fund manager tried to woo retail shareholders and the company's
interim chief executive told Reuters that Loeb had left no room
for compromise.
Posted at 20:34h
in
News
by KMFSLLP
American Express Co topped Wall
Street estimates for third-quarter profit on Thursday and lifted
its yearly earnings forecast, as a strengthening U.S. economy
powered higher credit card spending.
...
Posted at 20:28h
in
News
by KMFSLLP
U.S. Senator
Elizabeth Warren said on Thursday the Federal Reserve should not
allow Wells Fargo & Co to grow in size until the bank
replaces Chief Executive Officer Tim Sloan.
...
Posted at 20:12h
in
News
by KMFSLLP
American Express Co's
third-quarter profit rose 21.7 percent, as a strengthening U.S.
economy powered higher credit-card spending.
...
Posted at 20:09h
in
News
by KMFSLLP
Goldman Sachs economists on
Thursday said the firm remained "comfortable" with its call for
five more interest rate hikes — two more than priced in
financial markets — through the end of 2019.
Posted at 20:08h
in
News
by KMFSLLP
Watchdog backs whistleblowers in tougher line on misconduct
...
Posted at 19:53h
in
News
by KMFSLLP
Swedish builder Skanska said on
Thursday it booked charges of 1.3 billion crowns ($143.81
million) in the third quarter relating to construction projects
in the United States and its exit from the power sector in the
country.
Posted at 19:50h
in
News
by KMFSLLP
Goldman Sachs Group Inc will not
send any of its executives to a Saudi investment conference next
week, Chief Executive Officer David Solomon said in an interview
with CNBC on Thursday.
...
Posted at 19:45h
in
News
by KMFSLLP
LONDON, Oct 18 (Thomson Reuters Foundation) - A
women-to-women investment fund is coming to Britain next month
to boost financing for female-owned businesses, its founder said
on Thursday, as efforts grow to close the gender investing gap.