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Category: Finance News

Money laundering scandal in Singapore shines light on family offices, China

CNBC’s Robert Frank joins ‘Squawk Box’ with more on the rapidly growing money laundering scandal in Singapore, which is now turning to China and privately held family offices.

Published 5 October 2023
Categorised as Finance News

‘Buyer beware.’ Anyone can call themselves a tax preparer. Here’s how to find a qualified professional

There’s a staffing shortage in the accounting industry, and it’s not too early to lock in a tax preparer for next season. Here’s what taxpayers need to know.

Published 5 October 2023
Categorised as Finance News

JPMorgan upgrades this little-known regional bank with more than 45% upside

Analyst Steven Alexopoulos upgraded the stock to overweight from neutral, and maintained his price target of $40.

Published 5 October 2023
Categorised as Finance News

Stocks making the biggest moves premarket: Rivian, Clorox, Vestis, Chevron and more

These are the stocks posting the largest moves in premarket trading.

Published 5 October 2023
Categorised as Finance News

This health care giant has ‘unlocked potential’ after a recent spinoff, RBC says

Analyst Shagun Singh said that Johnson & Johnson has unlocked potential with its consumer separation earlier this year.

Published 5 October 2023
Categorised as Finance News

Buy this ‘recession-resistant’ auto retail stock, Citi says

The bank upgraded the auto parts retailer to buy and raised its price target to $1,040 per share from $983.

Published 5 October 2023
Categorised as Finance News

UK’s Metro Bank shares suspended multiple times after plunging more than 25%

Shares of Britain’s Metro Bank suspended trading Thursday after tanking more than 29% amid reports that it was trying to raise £600 million ($727 million) in debt and equity.

Published 5 October 2023
Categorised as Finance News

Asia’s edge isn’t just cheap labor, whether it’s China, India or Japan, KKR says

That investment conclusion comes after a trip to the region by New York-based Henry H. McVey, KKR’s head of global macro and asset allocation.

Published 5 October 2023
Categorised as Finance News

KeyBanc downgrades Apple to sector weight. Here’s what the pros say

Pros on CNBC discussed Apple after KeyBanc downgraded the iPhone maker to sector weight from overweight late Tuesday.

Published 4 October 2023
Categorised as Finance News

House Republicans push IRS for answers on processing pause for small business tax credit

House Republicans are pressing the IRS for answers after the agency paused processing new employee retention tax credit claims. Here’s what to know.

Published 4 October 2023
Categorised as Finance News

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