JPMorgan maintains key profit goal for next three years
JPMorgan Chase & Co on Tuesday maintained its key profit goal for its medium-term outlook of three years, according to an investor presentation ahead of its 12th annual investor day.
JPMorgan Chase & Co on Tuesday maintained its key profit goal for its medium-term outlook of three years, according to an investor presentation ahead of its 12th annual investor day.
British retailer Marks & Spencer (M&S) is in talks with Ocado to form a joint venture that would give M&S a full online food delivery service for the first time, sending shares in both groups jumping on Tuesday.
A manager at Brazilian iron ore miner Vale SA told authorities the firm’s executive board knew there had been a “decrease in security” at a dam that burst in January, killing hundreds, according to a newspaper report on Tuesday.
Goldman Sachs Group Inc said it expects losses related to ongoing lawsuits to be about up to $1.9 billion more than the money it set aside for legal matters.
Thomson Reuters on Tuesday reported a 9 percent rise in quarterly revenue, stripping out the impact of currency, helped by higher sales at its Legal and Tax & Accounting businesses.
Hyundai Motor Group on Tuesday rejected demands by U.S. activist investor Elliott Management for a combined 7 trillion won ($6.3 billion) dividend payout and new board members, complicating efforts to revamp South Korea’s second-biggest conglomerate.
Brazilian planemaker Embraer said on Tuesday that a key shareholder meeting to vote on the sale of 80 percent of its commercial aviation business to Boeing Co can proceed as scheduled on Tuesday morning.
British retailer Marks & Spencer is in talks with online supermarket Ocado to secure a food delivery service for the first time, sending shares in both groups soaring.
Thomson Reuters on Tuesday reported a 9 percent rise in quarterly revenue, stripping out the impact of currency, helped by higher sales at its Legal and Tax & Accounting businesses.
Shares in Tesla Inc could fall by a fifth in value if the U.S. Securities and Exchange Commission’s latest attack on Chief Executive Officer Elon Musk sees the regulator again push for his removal, according to J.P. Morgan analysts.
Home Depot Inc missed Wall Street estimates for same-store sales on Tuesday, as rising U.S. home prices weakened housing demand and construction activity.
Former Platinum Partners chief Mark Nordlicht and other executives of the now-defunct hedge fund group are due to go to trial on Tuesday on charges they defrauded investors out of $1 billion.
Energy trader Gunvor Group is considering selling non-core assets in Russia and finding a strategic partner for its German refinery as it tries to recover from the first-ever annual loss it suffered in 2018, trading and banking sources said.
Brent oil edged up to $65 a barrel on Tuesday as Saudi Arabia and the rest of OPEC were expected to stick to their policy of cutting production, despite renewed pressure from U.S. President Donald Trump.
World shares took a breather on Tuesday having scaled a five-month high, while Britain’s pound charged to a one-month top on renewed speculation that UK Prime Minister Theresa May was being bundled towards delaying Brexit.
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