Wells Fargo Resolves Shareholder Disputes with $1 Billion Settlement Regarding Scandal Recovery
Wells Fargo & Co has reached a settlement of $1 billion in a lawsuit that accused the company of deceiving...
BP surpasses profit expectations in the first quarter, but its shares decline by 6% due to a deceleration in the buyback program
On Tuesday, BP, a major oil company, announced profits for the first quarter which exceeded expectations. While the profits were...
Stock futures marginally decline as investors anticipate the Federal Reserve’s rate decision.
On Tuesday night 2nd May, there was a small decline in U.S. stock futures as investors anticipated the upcoming policy...
AMD’s revenue experiences a 9% decline due to a sharp decrease in sales of PC chips
AMD announced revenue and earnings for the first quarter that surpassed expectations, but the stock experienced a 6% decline in...
Bank of Korea Governor suggests that discussing rate cuts at this stage is premature
Bank of Korea Governor Rhee Chang-Yong says it’s too soon to discuss rate cuts. The South Korean central bank, which...
Starbucks surpasses earnings expectations as China’s same-store sales decline trend reverses
On Tuesday, 2nd May – Starbucks reported its quarterly earning which exceeded analysts estimates, it was mainly boosted by increased...
Crude oil continues its downward trend in Asia, prompting speculation about whether this decline can be considered a capitulation
Crude oil's downward slope persisted during the morning session in Asia, driven by ongoing concerns surrounding oil demand, increasing real...
PacWest Bancorp experienced a decline of over 50% in its stock value following a report stating that the bank is contemplating various strategic options
Shares of PacWest Bancorp experienced a significant drop of 56% during extended trading on Wednesday,3rd May after news that the...
Earnings report from Apple likely to include announcement of $90 billion for buybacks and dividends
During Apple's upcoming quarterly earnings report on Thursday, the results are anticipated to be relatively subdued. The company has already...
Banks remain under pressure as the market searches for the next significant setback to occur
Following a turbulent period that concluded with the resolution of struggling lender First Republic, experienced banking analyst Christopher Mc Gratty...
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