• Oil Prices Finish Higher

    Oil Prices Finish Higher

    Oil prices finished higher on Monday, as investors watched an increasingly complicated situation in the Persian Gulf after Iran late last week seized a British-flagged tanker, MarketWatch reported. “The latest ratcheting up of tensions in the Persian Gulf with the seizure of a U.K. oil tanker has only led to […]

  • Close-up photograph of stock market chart

    Bank of America Second-Quarter Earnings Beat Expectations

    Bank of America (BAC) posted better-than-expected second-quarter earnings on Wednesday, supported by double-digit growth in its consumer banking business, which was helped by rising demand for loans and growing deposits. The Charlotte, NC-based bank reported total revenue of $23.08 billion in the three months ended June 30, up from $22.55 […]

  • European Equity Benchmarks Close Higher

    European Equity Benchmarks Close Higher

    The broad-based major European indices closed higher in Monday trading led by rising technology and health care stocks. In economic news, the EU28 unemployment rate was 6.3% in May, down from 6.4% in April, and 6.9% in May 2018, which was the lowest rate recorded in the EU28 since the […]

  • Asian ADRs Move Lower

    Asian ADRs Move Lower

    American depositary receipts of Asian stocks were trading 0.13% lower at 1,439.04 on the BNY Mellon Asia 50 ADR Index on Wednesday. In North Asia, the gainers were led by online game operator Huya (HUYA) and social media platform MOMO Inc. (MOMO), which rose 4% and 3.6% respectively. They were […]

  • Lufthansa Proposes to Pay Higher Dividend

    Lufthansa Proposes to Pay Higher Dividend

    Germany’s Lufthansa (LHA.F, LHA.DE, DLAKF), the largest airline in Europe by the number of passengers, has amended its dividend policy, promising to pay out more to shareholders two weeks after lowering its outlook for the full-year 2019. The Cologne-based group, which includes Network Airlines and Eurowings, plans to pay out […]

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Oil Prices Finish Higher

Oil Prices Finish Higher

Oil prices finished higher on Monday, as investors watched an increasingly complicated situation in the Persian Gulf after Iran late last week seized a British-flagged tanker, MarketWatch reported. “The latest ratcheting up of tensions in the Persian Gulf with the seizure of a U.K. oil tanker has only led to […]

by × July 22, 2019 × 0 comments

Top Stocks

Close-up photograph of stock market chart

Bank of America Second-Quarter Earnings Beat Expectations

Bank of America (BAC) posted better-than-expected second-quarter earnings on Wednesday, supported by double-digit growth in its consumer banking business, which was helped by rising demand for loans and growing deposits. The Charlotte, NC-based bank reported total revenue of $23.08 billion in the three months ended June 30, up from $22.55 […]

by × July 17, 2019 × 0 comments

Market News

European Equity Benchmarks Close Higher

European Equity Benchmarks Close Higher

The broad-based major European indices closed higher in Monday trading led by rising technology and health care stocks. In economic news, the EU28 unemployment rate was 6.3% in May, down from 6.4% in April, and 6.9% in May 2018, which was the lowest rate recorded in the EU28 since the […]

by × July 1, 2019 × 0 comments

Market News

Asian ADRs Move Lower

Asian ADRs Move Lower

American depositary receipts of Asian stocks were trading 0.13% lower at 1,439.04 on the BNY Mellon Asia 50 ADR Index on Wednesday. In North Asia, the gainers were led by online game operator Huya (HUYA) and social media platform MOMO Inc. (MOMO), which rose 4% and 3.6% respectively. They were […]

by × June 26, 2019 × 0 comments

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Lufthansa Proposes to Pay Higher Dividend

Lufthansa Proposes to Pay Higher Dividend

Germany’s Lufthansa (LHA.F, LHA.DE, DLAKF), the largest airline in Europe by the number of passengers, has amended its dividend policy, promising to pay out more to shareholders two weeks after lowering its outlook for the full-year 2019. The Cologne-based group, which includes Network Airlines and Eurowings, plans to pay out […]

by × June 24, 2019 × 0 comments

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CarMax Gets Target Boost at RBC

CarMax Gets Target Boost at RBC

CarMax (KMX) had it price target boosted by RBC Capital Markets on Wednesday on expectations that the continued development of its omni-channel offerings will help keep supporting the used-car company’s improving rate of comparable sales. The bank lifted its target on outperform-rating CarMax to $92 from $86 and increased their […]

by × June 19, 2019 × 0 comments

Market News

IEA Cuts Oil Demand Growth Forecast for Second Quarter

IEA Cuts Oil Demand Growth Forecast for Second Quarter

The International Energy Agency lowered its forecast for global oil demand growth in the second quarter of the year on Friday, citing a warm winter in Japan, a slowdown in the petrochemicals industry in Europe and a worsening trade outlook across all regions as contributing factors. The Paris-based agency currently […]

by × June 14, 2019 × 0 comments

Finance Daily

Bayer to Invest $5.6 Billion Into Weedkillers Over the Next Decade

Bayer to Invest $5.6 Billion Into Weedkillers Over the Next Decade

Bayer (BAYN.ETR) outlined plans Friday to invest approximately 5 billion euros ($5.64 billion) into developing alternative weedkillers over the next decade while seeking to lower the environmental impact by 30%. The Leverkusen-headquartered company, which acquired Monsanto last year, said in a statement that it is “raising the bar in transparency, […]

by × June 14, 2019 × 0 comments

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Broadcom Misses Fiscal Second Quarter Revenue Forecast

Broadcom Misses Fiscal Second Quarter Revenue Forecast

Shares of Broadcom (AVGO) slumped early on Friday after the semiconductor manufacturer reported fiscal second quarter adjusted earnings that topped the market forecast but revenue missed analysts’ expectations. Net revenue rose by 10% to $5.52 billion during the three months that ended May 5, from $5.01 billion a year earlier, […]

by × June 14, 2019 × 0 comments