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JPMorgan Q3 Profit Down 17%, But Results Top Estimates
US investment bank JPMorgan Chase & Co. (JPM) reported Friday a profit for the third quarter that declined 17 percent from last year, hurt by higher provision for credit losses and net investment securities losses. However, both earnings per share and revenues for the quarter topped analysts' expectations.
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1034天前
Rubicon Technologies Promotes CTO Phil Rodoni To Succeed Nate Morris As CEO
Rubicon Technologies, Inc. (RBT) announced Friday that chief technology officer Phil Rodoni has been appointed by the Rubicon Board of Directors as chief executive officer and a member of the Board, effective October 13, 2022.
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1034天前
Sensex, Nifty Rally On Global Cues; IT And Financials Lead Gainers
Indian shares rose sharply on Friday, mirroring positive global cues amid hopes that U.S. inflation may have peaked around 8 percent and would trend lower in the coming months.
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1034天前
Pound Falls Despite Hopes Of U-turn On U.K. Tax Cut Plan
The pound slipped against its major counterparts in the European session on Friday, despite optimism over the likelihood of U-turn on tax cuts in the mini-budget by the U.K.
government amid a turbulence in the markets.
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1034天前
European Shares Extend Gains On Hopes Of UK Fiscal Plan Reversal
European stocks rose on Friday to extend gains from the previous session amid hopes that U.S. inflation may have peaked around 8 percent and would trend lower in the coming months.
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1034天前
FTSE 100 Extends Gains On Fiscal Policy U-turn Hopes
U.K. stocks rose on Friday to extend gains from the previous session as investors cheered reports of potential fiscal plan U-turn.
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1034天前
CAC 40 Rises Despite Inflation Concerns
French stocks rose notably on Friday even as hotter-than-expected U.S. CPI data fanned worries about aggressive tightening by the Federal Reserve and a possible recession.
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1034天前
more news
DAX Gains On Bets US Inflation May Have Peaked
German stocks rose on Friday amid bets that U.S. inflation may have peaked.
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1034天前
Asian Shares Rally On Wall Street Rebound
Asian stocks posted strong gains on Friday after U.S. stocks staged a remarkable turnaround to close sharply higher overnight despite higher-than-expected inflation numbers.
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1034天前
Singapore Central Bank Tightens Policy Stance
Singapore's central bank tightened its monetary policy stance for the fourth time this year after core inflation moved closer to a 14-year high. The Monetary Authority of Singapore on Friday decided to re-centre the mid-point of the S$NEER policy band up to its prevailing level, but the slope and width of the band were left unchanged.
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1034天前
European Shares Seen Higher At Open
European stocks are likely to open higher on Friday, with underlying sentiment likely to be supported by a strong rebound on Wall Street overnight.
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1034天前
China Inflation Rises On Food Prices; Factory Gate Inflation Eases
China's consumer price inflation accelerated at the fastest pace in more than two years in September on food prices, while producer price inflation eased further, official data showed on Friday. Consumer price inflation accelerated to 2.8 percent in September from 2.5 percent in August, the National Bureau of Statistics said.
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1034天前
Sensex Surges Over 1,000 Points On Global Cues; Nifty Tops 17,300
Indian shares opened Friday's session on an upbeat note after short covering drove a dramatic rebound on Wall Street overnight. Encouraging earnings updates from IT firms Infosys and MindTree also buoyed sentiment.
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1035天前
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