Former boss and the fifth-largest shareholder of Stobart Group Ltd Andrew Tinkler dissolved his stake in the infrastructure and support services company, according to a regulatory filing on Tuesday.
JPMorgan reported earnings today that beat both revenue and earnings expectations. The bank also posted record full-year net income. Yahoo Finance’s Julia La Roche joins the On The Move panel to discuss. …read more […]
MGM Resorts International has agreed to sell the MGM Grand and Mandalay Bay casino and resort properties in Las Vegas to a new joint venture between MGM Growth Properties LLC and private equity giant Blackstone Real Estate Income Trust, Inc. The deal is priced at $4.6 billion. MGM Resorts will continue to manage and operate […] …read more […]
Shares of SmileDirectClub Inc rose 17.4% on Tuesday after the online dentistry company said it would sell aligners directly to dentists, widening its distribution channel after a deal with rival Align Technology Inc expired last month.
Amazon is planning to to ask a judge to temporarily block Microsoft from working on a ten billion dollar cloud contract for the military. Yahoo Finance’s Dan Howley has the details. …read more […]
Wells Fargo & Co’s profit slumped 55% in the fourth quarter as new boss Charles Scharf set aside another $1.5 billion for legal costs related to the bank’s sales scandal and promised “fundamental changes.”
(Bloomberg) — Citigroup Inc. cut traders — and got its mojo back.Revenue from fixed-income trading surged 49% in the fourth quarter — more than double the increase predicted by analysts — after a slump that rattled the industry a year ago. The rebound, combined with surprisingly strong earnings from debt underwriting and consumer banking, pushed net revenue for the period to the highest since 2015.The finale puts the trading division on stronger footing heading into a new decade, as executives pursue a series of profitability targets that have led to dismissals when revenue faltered. On Tuesday, they vowed to keep …read more […]
China’s yuan was slightly weaker on Tuesday after earlier hitting its highest level since July, while the Japanese yen dropped to eight-month lows before the United States and China are due to sign a preliminary trade agreement to ease their 18-month old tariff war.
Former boss and the fifth-largest shareholder of Stobart Group Ltd William Andrew Tinkler dissolved his stake in the infrastructure and support services company, according to a regulatory filing published on Tuesday.
Teladoc CEO Jason Gorevic joins Yahoo Finance’s Anjalee Khemlani on The First Trade to discuss the latest tech improvements and how the healthcare industry is innovating to keep up with these improvements. …read more […]
Don’t do these things and you’ll enjoy a better financial life, the money guru says. …read more […]
Citigroup Inc beat analysts’ estimates for fourth-quarter profit on Tuesday, boosted by growth in its credit card business and a jump in trading revenue.
Wall Street was set to open largely flat on Tuesday, as investors took a breather following a record rally on optimism over the U.S.-China trade deal, while the big U.S. banks reported mixed quarterly results.
JPMorgan Chase & Co posted its biggest-ever annual profit on Tuesday as its bond trading business bounced back in the last three months of the year, setting an upbeat tone for the big U.S. banks reporting this week.
U.S. consumer prices rose slightly less than expected in December and monthly underlying inflation pressures retreated, which could allow the Federal Reserve to keep interest rates unchanged at least through this year.
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