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Shares of Cartier owner Richemont jump 16% as sales rise in December quarter

Cartier owner Richemont on Thursday reported a 10% increase in third quarter sales even as China demand weighed.

Published 16 January 2025
Categorised as Finance News

This stock will be one of the biggest beneficiaries from Trump’s deregulation, says Bank of America

The firm also reiterated its buy rating on this name.

Published 16 January 2025
Categorised as Finance News

Bank of America tops estimates on better-than-expected investment banking, interest income

The company said fourth-quarter profit more than doubled to $6.67 billion, or 82 cents per share, from a year earlier.

Published 16 January 2025
Categorised as Finance News

Bank of America tops estimates on better-than-expected investment banking, interest income

The company said fourth-quarter profit more than doubled to $6.67 billion, or 82 cents per share, from a year earlier.

Published 16 January 2025
Categorised as Finance News

Morgan Stanley tops estimates on strong equities and fixed income trading revenue

The bank’s massive wealth management business will be helped by high stock market values in the fourth quarter, which inflates the management fees it collects.

Published 16 January 2025
Categorised as Finance News

Bank of America tops estimates on better-than-expected investment banking, interest income

Bank of America’s results hinge on interest rates and their impact on net interest income.

Published 16 January 2025
Categorised as Finance News

UK economy’s disappointing November growth fuels the case for Bank of England rate cut

The U.K. economy grew at a lackluster pace of 0.1% in November, data from the Office of National Statistics showed Thursday.

Published 16 January 2025
Categorised as Finance News

UK economy’s disappointing November growth fuels the case for Bank of England rate cut

The U.K. economy grew at a lackluster pace of 0.1% in November, data from the Office of National Statistics showed Thursday.

Published 16 January 2025
Categorised as Finance News

UK economy’s disappointing November growth fuels the case for Bank of England rate cut

The U.K. economy grew at a lackluster pace of 0.1% in November, data from the Office of National Statistics showed Thursday.

Published 16 January 2025
Categorised as Finance News

Cartier owner Richemont sales rise 10% in December quarter despite ongoing China weakness

Cartier owner Richemont on Thursday reported a 10% increase in third quarter sales even as China demand weighed.

Published 16 January 2025
Categorised as Finance News

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