The Challenge For Big Banks: How To Make Money This Year
Big banks' first-quarter revenue will rise only 2.2% above that of fourth quarter 2012, an analysis by Bloomberg News showed.
Washington Misses Another Layup
As the world runs from one man-caused crisis to another, something in our up-is-the-new-down world has to give.
Dwindling Oil Demand, Cheaper Natural Gas
Policy mandates to improve fuel economy will continue to cause lower crude use in non-OPEC countries.
Mumbai Search Engine Eyes IPO
The search engine, which could have an IPO in the next 20 days, draws from a national database of local businesses, services and product.
Cyprus Rescue Deal Boosts Markets
Global markets breathed a sigh of relief at the last-minute deal to avert the collapse of Cyprus' banks.
Top Pre-Market Movers For Mar.8, 2013
Pandora Media, First Majestic Silver, Xerox Corp, Navistar, Citigroup, and SunTrust Banks prevailed in the pre-market trading Friday.
For HSBC CEO Gulliver, A Loss Pays
HSBC paid CEO Stuart Gulliver $11.1 million last year, despite missing cost and profit targets and a record money laundering fine.
Senate Confirms Jack Lew For Treasury, 71-26
The Senate confirmed Jack Lew as treasury secretary, putting him in the middle of a crisis over the federal budget.
Japan To Sell Tobacco Stake For More Than $10B
The Japanese government is set to raise over $10 billion from a sale of stake in a tobacco company to fund the reconstruction of areas devastated by the 2011 earthquake and tsunami.
Another Day, Another Bank Layoff Announcement: ING
ING is the latest European financial services company to lay off thousands of employees amid the region's debt crisis.
Who's The 'Rain Man' At The Heart Of Banking's Biggest Scandal?
Tom Alexander William Hayes is the face of a scandal involving the world’s top financial institutions.
Upbeat China Data Lift US Stock Index Futures
The U.S. stock index signaled a higher open Friday as investor sentiment turned positive amid the encouraging data from China.
Asian Stocks Advance; China's Shanghai Up 2.57%
Asian stock markets were mostly advanced Monday but investors are cautious ahead of heavy data week and the U.S. earnings.
Asian Markets Week Ahead: Focus On Earnings Reports
Asian stock markets mostly ended lower last week as sentiment was weighed down by the report that China’s inflation rate accelerated to a seven-month high in December, denting hopes of further stimulus measures to boost the ongoing recovery in the world’s second largest economy.
GE, SunTrust, Schlumberger: Earnings Reports To Watch This Week
The financials sector is expected to have led all sectors in earnings growth during the fourth quarter of last year.
Pre-Market Movers
3D Systems Corp, Molycorp, Barclays, Deutsche Bank, Amazon.com, Bank of America Corp, Citigroup, Harman International Industries, Illumina and KeyCorp are among the companies whose shares are moving in pre-market trading Monday.
Pre-Market Movers
Advanced Micro Devices, United States Steel, Deutsche Bank, Hewlett-Packard, Bank of America, Apple, Citigroup, Facebook, BP Plc and ArcelorMittal are among the companies whose shares are moving in pre-market trading Wednesday.
2012 In Review: The Year Of Banks Behaving Badly
Among the top fines this year: sanctions-busting, deceiving the world on a benchmark interest rate, and even banking for drug lords.
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Pre-Market Movers
Carnival Corp, JPMorgan Chase, Peabody Energy, EMC Corp, American International Group, Tesoro Corp, Bank of America Corp, Apple Inc, NYSE Euronext and Facebook Inc. are among the companies whose shares are moving in pre-market trading Friday.
Pre-Market Movers
Alcatel Lucent, Knight Capital Group, Lloyds Banking, Mellanox Technologies, Syngenta, Oracle Corp, Altria Group, Citigroup, and Gulfport Energy Corp are among the companies whose shares are moving in pre-market trading Wednesday.
UBS To Fork Over $1.5 Billion Because Of Libor Scandal
The Swiss bank is expected to announce it will pay a $1.5 billion fine Monday in the Libor scandal.
Citigroup To Cut More Than 11,000 Jobs Worldwide
Citigroup Inc. (NYSE:C) will eliminate more than 11,000 jobs globally, about 4 percent of its total workforce.
Citigroup To Cut 11,000 Jobs, Take $1.1B Charge
Citigroup Inc will eliminate 11,000 jobs worldwide, about 4 percent of its total staff, in a move to save as much as $1.1 billion a year in expenses.
US Stock Futures Signal Lower Open
The U.S. stock index futures point to a lower open Wednesday ahead of the Labor Department's weekly jobless claims data.
Wall (Of Sandbags) Street Scrambles Before Storm
Flip-flopping more than any presidential candidate on the campaign trail, the New York Stock Exchange actually will be closed Monday.
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