Finance
2019 might be good for derivatives after a record-breaking 2018 for CME Group
Derivatives marketplace CME Group (CME) on Thursday posted an 18% hike in 2018 average daily volume as it hit a…
Soaring monthly sales lift semiconductor industry in 2018
Worldwide semiconductor sales soared 9.8% to $37.7 billion in November 2018. However, this was 1.1% lower than the October sales,…
Wells Fargo to pay $575 million to settle US states claims
Wells Fargo & Co. (WFC) reached an agreement with the attorneys general from all 50 US states and the District…
Facebook stock falls on cryptocurrency plans, rating downgrade
Coinciding with the reports that Facebook (FB) is developing a cryptocurrency, brokerages on Friday downgraded the social media giant, sending…
Federal Reserve likely to lift rates by a quarter point
The Federal Reserve is widely expected to lift the key borrowing rate for the fourth time this year by a…
SoftBank Corp’s massive debut-day slump pulls down Tokyo market
SoftBank Corp, the telecommunications unit of SoftBank Group Corp, closed down 14.5% on its first trading day at the Tokyo…
Credit Suisse turns bearish on S&P 500 amid volatility, cuts price target
Wall Street is probably set for a not-so-impressive start to 2019, if the current trend is any indication. Compared to…
China’s Qudian announces 2019 outlook and new share repurchase program
Online platform for small consumer credit products in China, Qudian Inc. (QD), today posted its current operational outlook, especially in…
Bank of Montreal Q4 profit jumps 38%, beats estimates
Bank of Montreal, along with its subsidiaries is known as BMO Financial Group, (BMO) reported a 38% jump in earnings…
Royal Bank of Canada Q4 earnings beat as higher interest rate lifts margins
Supported by double-digit income growth in key business segments, Royal Bank of Canada (RY) Wednesday reported stronger than expected fourth-quarter…