Barclays’ Brave New CEO Barclays PLC (NYSE: BCS) did not take long to appoint a new chief executive. The CEO is Antony Jenkins. He ran the retail part of the financial firm,…
Douglas A. McIntyre Moody’s cuts its growth forecast for emerging economies. (MarketWatch) Antony Jenkins, who runs Barclays PLC’s (NYSE: BCS) retail business, is made chief executive. (Reuters) Samsung launches new Microsoft Corp. (NASDAQ: MSFT) Windows-based…
courtesy AOL Inc.AOL Inc. (NYSE: AOL) announced this morning that it will complete the final steps needed to return approximately $1.1 billion to shareholders in the form of a special dividend of…
Paul Ausick nationsonline.orgEuropean stocks are up today on the possibility of further monetary stimulus in China boosted investor confidence, and investors await reports that may show the U.S. economy is improving. Prime Minister Jean-Claude…
Standard Chartered continues to seek an agreement with the U.S. government to settle money laundering charges. (Reuters) The new Samsung tablet has a unique split screen technology. (Reuters) A judge presses for…
U.S. stock index futures are headed for a weaker open this morning, with futures for the Standard & Poor’s 500, the Dow Jones and the Nasdaq 100 down 0.3% to 0.5%. The S&P…
Trey Thoelcke Societe Generale SA on Wednesday blamed its worse-than-expected second-quarter profit on write-downs on assets in the United States and Russia. France’s second-largest lender by market value reported that its net profit in…
Deutsche Bank AG (NYSE: DB) is going to please Wall St., although perhaps not its investment professionals employed by the bank. The company is suffering lower losses, so to combat that it…
The week ahead is going to be a busy week. There are many traditional events to watch, but by now the market participants and investors have learned that they have to pay…
Barclays PLC (NYSE: BCS) revealed Friday that it faces a new regulatory probe and more U.S. lawsuits. This is more bad news for the British lender as it struggles to repair the…
Trey Thoelcke Barclays PLC’s (NYSE: BCS) strong earnings briefly masked the great obstacles the bank faces because of the Libor scandal and management and board resignations. The bank made $6.4 billion last quarter. The…
Douglas A. McIntyre Now that Facebook (NASDAQ: FB) has issued its quarterly report and its stock has fallen another 10%, investors wonder how low the shares can go. Revenue last quarter rose to $1.184 billion…
Facebook Inc.’s (NASDAQ: FB) stock is hammered by earnings letdown. (Reuters) Samsung Electronic Co.’s earnings reach $5.9 billion mostly on smartphone sales. (Reuters) Barclays PLC’s (NYSE: BCS) profits rise sharply. (Reuters) The…
The three major US stock indexes opened higher this morning following European Central Bank president Mario Draghi’s promise to “do whatever it takes to preserve the euro” (our coverage here). What he…
Carlyle (NASDAQ: CG) may buy a unit of United Technologies (NYSE: UTX). (Reuters) More factories move to the United States as China’s manufacturing costs rise. (Reuters) The CEOs of Apple (NASDAQ: AAPL)…
