Blockbuster earnings, which up until now have played a pivotal role in fueling the stock market’s rally over the past few years, could be a distant memory as corporate profits… Read more »
© Reuters. FILE PHOTO: The Deutsche Bank app logo is seen on a smartphone in this illustration LONDON (Reuters) – Deutsche Bank (DE:) said it will take profit from its… Read more »
Apple’s fiscal Q1 revenue and profits fell, marking the first time the company had to report such dismal numbers for this particular quarter in more than 10 years. The culprits behind… Read more »
Image credit: Flickr/Fortune Brainstorm TECH According to a report by the Wall Street Journal , co-working service provider WeWork Co. has reportedly been renting spaces in buildings owned by its CEO… Read more »
The fall is the first in 3 years Reuters have a little more on the result up now: decline in profits largely reflected slowing growth in sales and producer prices… Read more »
U.S. companies booked net $37 billion in profits overseas in the third quarter. American companies have largely stopped bringing “trapped” foreign profits home, according to new government data… Read more »
Larger banks, bound to strict government regulations on money laundering and customer verification, have mostly avoided putting their reputations at risk by getting involved with the cryptocurrency industry. As a… Read more »
Funds raise record amounts of cash You probably heard that 2018 was a tough year for hedge funds but not in all ways. New funds raised a record $28 billion… Read more »
Bloomberg News/Landov A lit-up U.S. economy grew 3.5% in the third quarter and generated the fastest yearly increase in corporate profits since 2012, fresh GDP figures show. … Read more »
Profits of industrial companies rose 3.6% y/y for a still solid result but down on the 4.1% rise in September Growth has slowed sharply in recent months: Domestic demand is… Read more »