Deutsche Bank AG (DBK), Europe’s largest investment bank by revenue, said first-quarter profit declined less than expected as trading revenue exceeded analysts’ estimates. Net income dropped 34 percent to ... Read More
Venture Capital Trusts have been hoarding investor cash after an error from HM Revenue and Customs left the vehicles afraid of issuing new shares. New legislation introduced by the ... Read More
Comcast Corp. said Tuesday that its first-quarter net income rose by 30 percent as ad revenue surged at broadcast network NBC, helped by the Winter Olympics in Sochi and ... Read More
Shares rose Wednesday in Asia as positive sentiment from strong corporate earnings outweighed Ukraine’s crisis and slower economic growth in China. The Nikkei jumped 2.5 percent to 14,347.41 as ... Read More
JPMorgan Chase (JPM), the largest but no longer the most profitable U.S. bank, announced a 19 percent decline in first-quarter earnings this morning, with weaker income from trading and ... Read More
Major Chinese property developers have in recent months been buying increasingly large stakes in regional banks, posing risk that an unravelling in the real estate market could leave both ... Read More
Less than three months into her tenure as General Motors Co. chief executive officer, Mary Barra has more than recalls to worry about. GM shares are down almost 14 ... Read More
Citic Pacific Ltd. plans to sell about $4 billion of shares to restore its public float after absorbing assets from state-owned parent Citic Group Corp., people with knowledge of ... Read More
The U.K. government sold a 4.2 billion-pound ($6.95 billion) stake in Lloyds Banking Group Plc (LLOY), its second disposal since rescuing the lender in the financial crisis. The government ... Read More
Investors are hungry for initial public offerings, and there’s something sweet in the pipeline. King Digital Entertainment, which makes the popular Candy Crush Saga online game, is one of ... Read More
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