Bond Market Faces Worst Conditions, Experts See Potential for Rewards
The bond market is currently experiencing what Bank of America analysts have labeled as the “worst bear market ever,” with…
Citigroup adds 3% as earnings, revenue beat analysts’ estimates
Citigroup (NYSE:C) reported its third quarter results, with solid growth in both institutional clients and personal banking driving higher-than-expected revenue.…
EU hopes to advance talks on using Russian assets for Ukraine
(Reuters) – European Union leaders meeting later in October will demand “decisive progress” on using Russian assets frozen by sanctions…
Novo Nordisk raises outlook for full-year sales, operating profit
(Reuters) – Novo Nordisk (NYSE:NVO) has raised the outlook for its full-year sales and operating profit, the Danish drugmaker said…
Applied Materials, Lam Research shares inch higher premarket after Needham upgrade
Shares in Applied Materials (NASDAQ:AMAT) and rival Lam Research (NASDAQ:LRCX) edged higher in premarket U.S. trading after analysts at Needham…
Analysis-Diesel release valve: China poised to save West from shortages again
(Reuters) – As the northern hemisphere heads into winter, the U.S. and European oil sectors are counting on rising exports…
UAW, Detroit Three careen toward another Friday turning point
(Reuters) – United Auto Workers President Shawn Fain is expected to deliver a video address on Friday that could lead…
JPMorgan Chase profit, adjusted revenue beat estimates amid higher interest rates
JPMorgan Chase (NYSE:JPM) has reported revenue and profit in the third quarter that topped expectations, as the biggest U.S. bank…
Wells Fargo jumps as earnings top analyst estimates
Wells Fargo & Company (NYSE:WFC) shares rose more than 3% in pre-open Friday after the banking titan reported better-than-expected results…
US dollar rallies as inflation fears persist; eyes on upcoming Fed meeting
The US dollar experienced a rally this week, buoyed by rising yields and persistent investor concerns over inflation, according to…