Dimon says US economic recovery is 'anemic'
1m ago
Snap shares plunge over 11% after CFO exit

Snap shares plunge over 11% after CFO exit

3h ago
Microsoft to set up its largest AI lab in Shanghai

Microsoft to set up its largest AI lab in Shanghai

4h ago
World's first flight with saltwater plant fuel completed

World's first flight with saltwater plant fuel completed

5h ago
Goldman Sachs reports EPS at $6.04 in Q4

Goldman Sachs reports EPS at $6.04 in Q4

5h ago
  • Fiserv, First Data reach $22B acquisition deal
    Fiserv, First Data reach $22B acquisition deal
    5h ago

    United States financial services company Fiserv Inc. and First Data Corporation announced on Wednesday that their $22 billion merger agreement was unanimously approved by their boards of directors. Under the terms of the agreement, Fiser...

  • Lampert's Sears offer accepted - sources
    Lampert's Sears offer accepted - sources
    5h ago

    Sears Holdings Corp. chairman Eddie Lampert was reportedly successful on Wednesday in his bid for the stricken chain, the Wall Street Journal reported citing a person familiar with the matter.

    The source stated that Lampert won v...

  • US Bancorp EPS rises 13.4% in Q4 to $1.10
    US Bancorp EPS rises 13.4% in Q4 to $1.10
    6h ago

    US Bank's parent company, U.S. Bancorp said on Wednesday that its diluted earnings per share (EPS) stood at $1.10 in the fourth quarter of 2018, increasing 13.4% annually and 3.8% monthly. At the same time, net interest income rose b...

  • Bank of America's EPS up 250% YoY to $0.7 in Q4
    Bank of America's EPS up 250% YoY to $0.7 in Q4
    6h ago

    The United States financial services company Bank of America announced on Wednesday its earnings per share (EPS) stood at $0.7 in the fourth quarter of 2018, marking a significant 250% increase compared to the final quarter of 2017. The ...

  • BlackRock's earnings fall 58.7% to $5.78 per share
    BlackRock's earnings fall 58.7% to $5.78 per share
    6h ago

    BlackRock Inc. said on Wednesday that its revenue in the fourth quarter landed at $3.43 billion or 8.8% down year over year, disappointing forecasters. Profit slumped 59.6% to $927 million, translating to a $5.78 per diluted share, which...

  • Ford expects full-year EPS to reach $0.92
    Ford expects full-year EPS to reach $0.92
    6h ago

    Ford Motor Co. announced a $0.15-per-share dividend for the first quarter on Wednesday and expressed dedication to "operational fitness." The carmaker from Michigan vowed to invest in high-growth and high-margin product segment...

  • Salesforce, ClickSoftware in $1.5B purchase talks
    Salesforce, ClickSoftware in $1.5B purchase talks
    7h ago

    American cloud-based software company Salesforce.com Inc. is in talks with Israeli company ClickSoftware to acquire it for around $1.5 billion, according to Israeli media reports on Wednesday.

    ClickSoftware was purchased by priva...

  • ECJ overrules EC on UPS-TNT merger
    ECJ overrules EC on UPS-TNT merger
    8h ago

    The European Court of Justice ruled that the European Commission infringed delivery company UPS's rights of the defense and that its appeal should therefore be rejected in a ruling published on the ECJ's website on Wednesday.

    ...
  • UniCredit: Bad loans are in line with ECB demands
    UniCredit: Bad loans are in line with ECB demands
    9h ago

    UniCredit SpA said on Wednesday that its nonperforming exposure (NPE) portfolio was cut down by more than €36 billion in the two years through the third quarter of last year. Reacting to unconfirmed reports in local media on the Eur...

  • DSV launches $4.05B bid for Panalpina
    DSV launches $4.05B bid for Panalpina
    9h ago

    Danish transport company DSV made a bid of approximately $4 billion for Swiss logistics company Panalpina, according to an announcement published by the former on Wednesday.

    DSV confirmed that it approached Panalpina with an indi...

  • China slams Taiwan institute's decision to ban Huawei
    China slams Taiwan institute's decision to ban Huawei
    9h ago

    China said on Wednesday it "strongly opposes" the decision made by Taiwan's Industrial Technology Research Institute to ban the use of wireless networks on Huawei devices, Chinese state media reported. "We strongly opp...

  • Etihad to invest in Jet at $2.1 per share - report
    Etihad to invest in Jet at $2.1 per share - report
    10h ago

    Etihad Airways will increase its stake in struggling Indian airline Jet Airways to 49% but will only do so at 150 Indian rupees ($2.1) per share, according to a CNBC report on Wednesday.

    The condition was stipulated by Etihad CEO...

  • Nissan fined in S.Korea for false fuel efficiency reports
    Nissan fined in S.Korea for false fuel efficiency reports
    11h ago

    Nissan Motor was fined by the South Korean Fair Trade Commission for misrepresenting fuel consumption and efficiency data on its Infiniti Q50 2.2d sedan model, Yonhap reported on Wednesday. The fine amounts to approximately $804,000 (900...

  • PG&E to be replaced by Teleflex on S&P 500
    PG&E to be replaced by Teleflex on S&P 500
    12h ago

    The Pacific Gas and Electric Company no longer qualifies for the S&P 500 and will depart the stock market index ahead of its filing for Chapter 11 bankruptcy protection.

    PG&E will be replaced by Teleflex Incorporated, a s...

  • Renault to pick new CEO by weekend - report
    Renault to pick new CEO by weekend - report
    13h ago

    Renault is expected to pick new leadership by the end of the week, following the arrest and detainment of CEO Carlos Ghosn, the French daily Le Figaro reported.

    According to the report, deputy CEO Thierry Bollore could be promote...