JPMorgan profit jumps 17 percent on trading surge, underwriting JPMorgan Chase & Co (JPM.N) reported a nearly 17 percent jump in quarterly profit on Thursday, thanks to a surge in trading activity and securities issuance that helped its Wall Street businesses. The largest U.S. bank earned $6.4 billion in the […]
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Akzo Nobel receives request from Elliott for shareholder meeting Dutch paint maker Akzo Nobel said on Wednesday that it had received a request from a group of shareholders led by Elliott Advisors to hold a special shareholder meeting to dismiss Chairman Antony Burgmans. Elliott hopes to add to pressure on […]
Investors play safe as Syria, North Korea tensions rise Nervous investors turned to the safety of gold, government bonds and the yen on Tuesday as concerns mounted about possible U.S. military strikes in the Middle East and the Korean Peninsula. Signals from Washington that it was prepared to take further […]
Cobalt International Energy (CIE) Earning Positive News Coverage, Analysis Shows News headlines about Cobalt International Energy (NYSE:CIE) have trended positive on Friday, according to Alpha One Sentiment Analysis. The research firm, a division of Accern, ranks the sentiment of media coverage by monitoring more than 20 million news and blog […]
British regulators investigate Barclays CEO Staley over whistleblowing British regulators are investigating Jes Staley, the chief executive of Barclays (BARC.L), and the bank itself over a whistleblowing incident, the bank said on Monday. The Financial Conduct Authority and the Prudential Regulation Authority are looking into an attempt by Staley last […]
BOJ paints rosy picture of regional Japan, Trump uncertainty niggles The Bank of Japan has offered its most optimistic view on regional Japanese economies in nearly a decade, even as some firms warned that uncertainty over U.S. President Donald Trump's trade policies could affect their capital expenditure plans. BOJ Governor […]
Dollar at three-week highs, though Syria, North Korea concerns temper gains Dollar at three-week highs, though Syria, North Korea concerns temper gains:- The dollar started the week at three-week highs against a currency basket on Monday, after a key U.S. Federal Reserve official reinforced the central bank's commitment to continue […]
China stock regulator challenges corporate hype to cool economic zone fever China's stock regulator has moved to cool speculative fever around plans to build a massive economic zone near Beijing, warning several listed companies against misleading investors with bombastic hypes around the red-hot theme. China has unveiled plans to build […]
Stocks off lows, oil rallies after U.S. missile strike on Syria Stocks off lows, oil rallies after U.S. missile strike on Syria:- Oil prices held near one-month highs on Friday after the United States attacked a Syrian air base but stocks and the dollar recovered early falls when a U.S. […]
GM China vehicle sales fall in first quarter as tax cut rolled back GM China vehicle sales fall in first quarter as tax cut rolled back:- U.S. automaker General Motors Co (GM.N) said on Friday its first quarter sales in China fell 5.2 percent compared to the same period a […]