JPMorgan profit beats estimates on strength in consumer banking
JPMorgan Chase & Co reported a better-than-expected quarterly profit on Tuesday as higher interest income and a modest increase in loans more than made up...
Stock futures flat after JPMorgan results; Goldman Sachs, Wells Fargo eyed
U.S. stock futures were trading flat on Tuesday as investors parsed through the earnings report from JPMorgan Chase and awaited results from Wall Street banks...
Investors trim cash, buy stocks on dovish Fed, trade truce: BAML poll
Fund managers have trimmed cash holdings and added risk to their portfolios following the U.S. Federal Reserve’s dovish pivot and after Beijing and Washington agreed...
Barclays sees Carrefour-Casino merger as possible, pushing up Casino shares
Shares in French retailer Casino rose around 2% on Tuesday after Barclays said in a note that a tie-up with larger rival Carrefour could be...
Johnson & Johnson beats profit estimates on pharma strength, raises sales outlook
Johnson & Johnson hiked its full-year operational sales forecast as strong demand for its cancer drugs Darzalex and Imbruvica helped it beat estimates for second-quarter...
Burgeoning family offices manage $5.9 trillion: Campden
The number of family offices — companies that manage portfolios for individual families — has risen by 38% over the past two years worldwide, advisory...
Johnson & Johnson quarterly profit jumps 41.8%
Johnson & Johnson reported a 41.8% rise in second-quarter profit on Tuesday, helped by its pharmaceuticals business....
JPMorgan profit rises 16% on tax gain
JPMorgan Chase & Co reported a 16% rise in quarterly profit as higher net interest income and a tax gain more than made up for...
Oil firms as U.S. supply concerns ease but Iran tension lingers
Oil prices rose on Tuesday as a resumption of output in the Gulf of Mexico after Hurricane Barry and a boom in U.S. supply due...
Ryanair CEO says confident in ‘great’ Boeing 737 MAX despite delays
Ryanair remains confident in the Boeing 737 MAX and believes the plane will be “warmly welcomed” by customers, Chief Executive Michael O’Leary said on Tuesday...