BOSTON (Reuters) – Wells Fargo & Co on Thursday said a cap on asset growth imposed by regulators after various sales practices scandals would hurt earnings less that it expected this year, and forecast 2019 expenses below Wall Street expectations.
LONDON (Reuters) – Crude oil fell on Thursday, giving up earlier gains as investors took profit on a rally triggered by potential disruption to oil flows from major exporter Iran in the face of U.S. sanctions.
(Reuters) – Wall Street was higher on Thursday after U.S. consumer prices increased modestly in April, cooling worries of accelerating inflation that would have made a case for faster interest rate hikes.
BOSTON (Reuters) – Wells Fargo & Co on Thursday said the aftertax impact on net income of a regulatory cap on its assets will be less than $100 million in 2018, and gave an outlook for 2019 expenses that was slightly lower than analyst expectations.
(Reuters) – Wall Street was higher on Thursday as a weaker-than-expected rise in U.S. consumer prices in April cooled inflation fears.
WASHINGTON (Reuters) – U.S. consumer prices increased modestly in April, pointing to a steady buildup of inflation that will likely keep the Federal Reserve on a path of gradual monetary policy tightening.
(Reuters) – Roku Inc shares were up nearly 7 percent premarket on Thursday after it posted smaller-than-expected first-quarter loss helped by its TV streaming platform.
(Reuters) – Wall Street was set to open higher on Thursday after a weaker-than-expected rise in U.S. consumer prices in April cooled fears of rising inflation.
NEW DELHI (Reuters) – A day after U.S. retail giant Walmart struck its largest deal with a big ticket investment in Indian online marketplace Flipkart, a right-wing Hindu group that fears small traders will suffer staged a protest in New Delhi calling for the deal to be scrapped.
BOSTON (Reuters) – Wells Fargo & Co on Thursday said it expects efficiency efforts to cut expenses by $2 billion annually in 2018 and 2019, and that the aftertax impact on net income of a regulatory cap on its assets will be less than $100 million in 2018.
(Reuters) – U.S. stock index futures climbed on Thursday after a weaker-than-expected rise in U.S. consumer prices cooled inflation fears.
LONDON (Reuters) – The oil price rose on Thursday, heading for its largest weekly increase in a month, as the market prepared for potential disruption to crude flows from major exporter Iran in the face of U.S. sanctions.
(Reuters) – U.S. stock index futures were flat on Thursday after three days of oil-powered gains on Wall Street as investors waited for the latest reading on U.S. consumer prices.
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