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ADVFN Financial News : Breaking financial news, market insights, commentary & economic analysis from the world stock markets.
News Highlights: Top Company News of the Day - Friday at 3 PM ETCitigroup Plans to Cut 20,000 Jobs The cuts will amount to about 10% of the bank's workforce, excluding the Mexico business. Americans' Finances Defied the Skeptics, Bank Earnings Show JPMorgan, Bank of America, Wells Fargo and Citigroup together... |
Trending: Bank of America CEO Sees Soft Landing for Economy1411 ET -- Bank of America is one of the most mentioned companies in the U.S. across all news items in the last 12 hours, according to Factiva data. Bank of America CEO Brian Moynihan has penciled in a soft landing for the economy and offered some insights... |
Industrial Production Seen Down -- Data Week AheadThe following are median forecasts for next week's U.S. data from a survey compiled by The Wall Street Journal. DATE TIME RELEASE PERIOD CONSENSUS PREVIOUS Tuesday 0830 NY Empire St Fed Mfg Svy Jan -4.0 (7) -14.5 Wednesday 0830 Retail Sales Dec... |
Wells Fargo on Pace for Largest Percent Decrease Since May 2023 -- Data TalkWells Fargo & Company (WFC) is currently at $47.40, down $1.64 or 3.34% --Would be lowest close since Dec. 12, 2023, when it closed at $46.47 --On pace for largest percent decrease since May 4, 2023, when it fell 4.99% --Currently down four consecutive... |
USDA Boosts Corn and Soybean Output and Stocks for 2023/24 - UpdateBy Kirk Maltais The U.S. Department of Agriculture raised its estimates for crop production and stocks for the 2023/24 marketing year, which sent grain futures in Chicago plummeting. In its monthly World Agricultural Supply and Demand Estimates released... |
News Highlights: Top Company News of the Day - Friday at 1 PM ETCitigroup Plans to Cut 20,000 Jobs The cuts will amount to about 10% of the bank's workforce, excluding the Mexico business. Americans' Finances Defied the Skeptics, Bank Earnings Show JPMorgan, Bank of America, Wells Fargo and Citigroup together... |
News Highlights: Top Company News of the Day - Friday at 1 PM ETCitigroup Plans to Cut 20,000 Jobs The cuts will amount to about 10% of the bank's workforce, excluding the Mexico business. Americans' Finances Defied the Skeptics, Bank Earnings Show JPMorgan, Bank of America, Wells Fargo and Citigroup together... |
Nordic Stocks Moved Upward Friday; Frontline Topped LeadersNordic stocks increased Friday, with the OMX Nordic 40 Index rising 0.6%. Frontline PLC was the biggest leader during the session, adding 7.3%, and Ambu A/S Series B rose 7.2%. Autostore Holdings Ltd. rounded out the top three leaders on Friday, with... |
FTSE 100 Closes Up After Middle East Tensions Boost Defense, Aerospace StocksThe FTSE 100 closed up 0.6% Friday driven by defense and aerospace companies such as Rolls-Royce and BAE Systems after heightened tensions in the Middle East. "Rising oil prices following the bombing of Houthi military targets by the U.S. and U.K. in... |
STOXX Europe 600 Index Ends the Week 0.08% Higher at 476.76 -- Data TalkThe STOXX Europe 600 Index is up 0.38 point or 0.08% this week to 476.76 --Up eight of the past nine weeks --Today it is up 3.99 points or 0.84% --Largest one day point and percentage gain since Thursday, Dec. 14, 2023 --Snaps a three trading day losing... |
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