Category: Industries

January 21, 2020

Soft spending on enterprise software could set up a big challenge for International Business Machines Inc. in 2020, so how Big Blue spins its forecast for the year will carry a lot of weight when the company reports earnings. IBM […]

January 20, 2020

Oil prices climbed Monday, driven by a pair of worries on the supply front driven by unrest in Libya and Iraq. West Texas Intermediate crude futures for January delivery US:CLF20 rose 59 cents, or 1%, to $59.17 a barrel. There […]

January 16, 2020

Financial futures were created in the 1970s at a time of very high interest rates and inflation. Those economic ills were cured by the mid-1980s. Oil futures were created in the early 1980s at a time of shortages and volatile […]

January 15, 2020

Bank of America (BAC) – Get Report posted better-than-expected fourth-quarter earnings Wednesday as loan growth offset narrowing interest rate margins at the consumer-focused lender. Bank of America said earnings for the three months ending in December came in at 74 […]

January 14, 2020

NEW YORK — Banking giant JPMorgan Chase said profit jumped 21% in the final three months of 2019, as the bank’s trading desks had a blowout quarter, which offset the impact of declining interest rates. The New York-based bank earned […]

January 13, 2020

For the 130 students in the business program at Susan Wagner High School in Staten Island, the opportunity to design and run their own company has been life-changing. The students are part of a class called Virtual Enterprise – a […]

January 9, 2020

Shares of Apple Inc. surged to another record high Wednesday, and have now doubled over the past year, in the wake of the company’s report on its app store sales. The technology behemoth AAPL, +1.61% said Wednesday that App Store […]

January 8, 2020

Kohl’s Corp. is getting a boost from its partnership with Amazon.com Inc., but Jefferies analysts still expect same-store sales and margins to decline due to weakness in key categories like women’s and children’s. Jefferies downgraded Kohl’s KSS, +0.22% shares to […]

January 7, 2020

Goldman Sachs is reorganizing its businesses to more closely resemble Wall Street peers and give its nascent retail banking operations its own category. The bank is now calling its four main segments global markets, investment banking, asset management and consumer […]

January 7, 2020

Bank of America expects European stocks broadly to rise this year, but its key underweight call is the pharmaceutical sector, and the recommendation has nothing to do with talk of reining in U.S. drug prices. Bank of America’s call on […]