(Bloomberg) -- U.S. stocks erased losses to trade little changed after House Speaker Nancy Pelosi said she's "hopeful" about a spending-bill deal with the White House. The S&P 500 edged higher in choppy trading, with energy companies rebounding from Wednesday's selloff as oil powered higher. Tech shares underperformed. AT&T Inc.
After months of speculation, Ray McGuire, a vice chairman at banking giant Citigroup, announced he'd be stepping down in order to prepare a run for New York City mayor in the June 2021 Democratic primary. McGuire, who is Black, is a veteran financial executive but newcomer to local politics.
The completion of Czech billionaire Petr Kellner's (pictured) buyout of broadcast network Central European Media Enterprises ( CME) has raised hackles in Kellner's native country, where a healthy suspicion of media moguls has been fueled by the prime minister's own online and print holdings.
After Dany Garcia and ex-husband Dwayne "The Rock" Johnson purchased the bankrupt XFL in August, Garcia became the first woman to own a professional sports league. As an XFL return in 2021 nears, Garcia is ready for the challenge ahead.
(RTTNews) - The Thai stock market has finished higher in back-to-back trading days, collecting almost 8 points or 0.6 percent along the way. The Stock Exchange of Thailand now sits just above the 1,215-point plateau although the rally may stall on Thursday.The global forecast for
" The research analysis of Self-Directed Investors: Implications for Wealth Managers market offers significant information regarding the major trends that define this business landscape with regards to the regional outlook and competitive scenario. The report also highlights the limitations & challenges that could hamper the industry remuneration alongside the key opportunities that will aid in business expansion.
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Mark Wilterding - Investor Relations Michael A. Mussallem - Chairman and Chief Executive Officer Scott B.
The newest addition to the Door County Economic Development Corporation (DCEDC) staff is Jake Cummings, who will take over the duties of the director of business development, overseeing revolving loan fund programs, existing business programs and small-business support efforts. Cummings joins DCEDC with a strong background in economics, finance and wealth management, having previously served [...]
Merrill Lynch analyst Chase Mulvehill maintained a Hold rating on Schlumberger () today and set a price target of $20.00. The company's shares closed last Monday at $15.01, close to its 52-week low of $11.87. According to TipRanks.com, Mulvehill is a 1-star analyst with an average return of -2.8% and a 36.5% success rate.
In a report released today, John Babcock from Merrill Lynch maintained a Sell rating on iRobot (), with a price target of $70.00. The company's shares closed last Monday at $91.38, close to its 52-week high of $92.31. According to TipRanks.com, Babcock is ranked #2398 out of 7017 analysts.
UBS Group AG's Americas wealth business generated a 12% jump in third-quarter profit, despite client outflows and a smaller advisor force, as it cut expenses at a faster rate than it lost revenue, the Swiss bank said Tuesday. Pretax profit at UBS Wealth Americas rose 12%, or $39 million, to $371 million from the 2019 third quarter.
A California woman residing in France has filed a putative class-action lawsuit against UBS's U.S. broker-dealer alleging that its 2014 decision to close or freeze retirement and some other accounts of non-residents violated her fiduciary and contractual obligations.
This Global Shadow Banking Market report offers a detailed view of market opportunity by end user segments, product segments, sales channels, key countries, and import / export dynamics. It details market size & forecast, growth drivers, emerging trends, market opportunities, and investment risks in over various segments in Shadow Banking industry.
Wells Fargo Advisors attracted million-dollar-plus brokers in California and Vermont from rivals in recent days. Corey Aschenbach, a solo practitioner in Los Angeles with Morgan Stanley and Smith Barney for 18 years, left earlier this month for a Wells office in Irvine.
By Jason Carr In a report released yesterday, Vivek Arya from Merrill Lynch reiterated a Buy rating on Cadence Design ( CDNS - Research Report), with a price target of $130.00. The company's shares closed last Monday at $113.56, close to its 52-week high of $118.22.
A merger and acquisition (M&A) advisory provides advice on corporate mergers, acquisitions and divestitures as well as debt and equity financing.M&A advisory services are typically classified as bulge bracket investment banks, a middle market firm and a business broker. Mergers and Acquisitions Advisory try to match businesses for sale with prospective buyers.
Fitch Ratings - Chicago - 19 Oct 2020: Fitch Ratings has assigned an 'F1+' rating to BofA Securities, Inc.'s (BofAS) unsecured commercial paper program. BofAS is a broker-dealer subsidiary of Bank of America Corporation (BAC; A+/F1/Stable) located and incorporated in the U.S. BAC's resolution strategy prompted the separation of the company's U.S.
Bank of America has named company veteran Fernando Vicario as the next chief executive of its EU banking hub in Dublin as financial firms prepare for Brexit to take full effect from the end of this year.
JCMR recently introduced Global Commercial/Corporate Card Market study with focused approach on market size & volumes by Application, Industry particular process, product type, players, and production & Consumption analysis considering major factors, cost Structure and regulatory factors.