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Financial News Around the World

Wells Fargo earnings top estimates even as lower interest income cuts into profits

Wells Fargo on Friday reported first-quarter earnings and revenue that beat Wall Street expectations, despite a decline in net interest income.

Published 12 April 2024
Categorised as Finance News

UK economy posts 0.1% growth in February in further sign of recession rebound

The U.K. economy fell into a recession last year but showed slight growth in January.

Published 12 April 2024
Categorised as Finance News

JPMorgan Chase is set to report first-quarter earnings — here’s what the Street expects

JPMorgan Chase will be watched closely for clues on how banks fared at the start of the year.

Published 12 April 2024
Categorised as Finance News

Physical gold offers more protection than mining stocks, says State Street’s George Milling-Stanley

Gold bars can be a valuable hedge during stock market weakness, according to gold expert George Milling-Stanley.

Published 11 April 2024
Categorised as Finance News

What to expect from bank earnings as high interest rates pressure smaller players

JPMorgan Chase, the nation’s largest lender, kicks off earnings for the industry on Friday, followed by Bank of America and Goldman Sachs next week.

Published 11 April 2024
Categorised as Finance News

Stocks making the biggest moves midday: CarMax, Nike, Paramount, Fastenal and more

These are some of the stocks posting the largest moves in midday trading.

Published 11 April 2024
Categorised as Finance News

European Central Bank holds interest rates, gives strong signal that cuts are on the way

The euro zone’s central bank held interest rates steady for a fifth straight meeting.

Published 11 April 2024
Categorised as Finance News

Stocks making the biggest premarket moves: Nike, CarMax, Robinhood, Alpine Immune Sciences and more

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

Published 11 April 2024
Categorised as Finance News

Wholesale prices rose 0.2% in March, less than expected

The producer price index was expected to increase 0.3% in March, according to the Dow Jones consensus estimate.

Published 11 April 2024
Categorised as Finance News

Goldman Sachs promotes head of strategy and investor relations, Carey Halio, to global treasurer

Halio’s new role encompasses authority over the firm’s more than $1.6 trillion balance sheet. She’ll report to Chief Financial Officer Denis Coleman.

Published 11 April 2024
Categorised as Finance News

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