DIRS.INFO The most relevant business & tech news

☆ JPMorgan strategists advise opening a short in European banks, upgrade healthcare
▼ + stars: | 2023-10-30 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Ralph Orlowski/File Photo Acquire Licensing RightsLONDON, Oct 30 (Reuters) - Strategists at JPMorgan have advised opening a 'short' position in European banks, and moved the sector from 'neutral' to 'underweight', they said in a note published on Monday. "If the bond yields are in the process of peaking this quarter, as we suspect ... then Banks could start to struggle," JPM strategists, led by Mislav Matejka, said. European banking shares have been some of the best performing in Europe in 2023, with the STOXX Europe 600 Banks Index (.SX7P) rising almost 8% year-to-date versus a 1% for the broader STOXX 600 (.STOXX). JPM "used the funds" to upgrade the healthcare sector from 'neutral' to 'overweight', saying the sector could benefit from "higher U.S. dollar exposure, low beta and the long duration angle". The STOXX Europe 600 Healthcare Index (.SXDP) is down around 0.4% year-to-date having touched its lowest level in seven months on Friday.

Persons: Ralph Orlowski, Banks, Mislav Matejka, Samuel Indyk, Alun John Organizations: Deutsche Bank, REUTERS, JPMorgan, Banks, Thomson Locations: Frankfurt, Germany, Europe

☆ Analysis: Three years after DirectBooks, US bond market still phoning it in
▼ + stars: | 2023-10-30 | by ( Shankar Ramakrishnan | Thomson Reuters | Shankar Ramakrishnan Has Nearly Years Of Financial Journalism Experience In Writing | ) www.reuters.com time to read: +6 min

There is also some concern about job losses and loss of market access by smaller banks. Changing an organization's behavior is difficult and takes sustained effort, said DirectBooks CEO Rich Kerschner. Interest in automation grew as desks struggled with corporate bond volumes that touched a record $1.78 trillion in 2020. Three years into it, only a small proportion of orders and allocation messages for a new bond were going through DirectBooks. Once in place, hundreds of investors using OMS platforms could send their order messages and receive allocation messages through DirectBooks, said Kerschner.

Persons: Carlo Allegri, Rich Kerschner, Spencer Lee, salespeople, Daniel Botoff, Goldman Sachs, Morgan Stanley, DirectBooks, Chris Sztam, BlackRock's Aladdin, RBC's Botoff, Shankar Ramakrishnan, Anna Driver Organizations: New York Stock, REUTERS, Bloomberg, underwriters, RBC Capital Markets, Bank of America, Barclays, BNP, Citi, Deutsche Bank, JPMorgan, P Global Market Intelligence, Development, Thomson Locations: Manhattan, New York City , New York, U.S, Wells, DirectBooks, Charles

☆ Deutsche Bank plans to close nearly half its Postbank branches
▼ + stars: | 2023-10-30 | by ( ) www.reuters.com time to read: +2 min

The logo of Deutsche bank is seen in Hong Kong, China July 8, 2019. REUTERS/Tyrone Siu/File Photo Acquire Licensing RightsBERLIN, Oct 30 (Reuters) - Deutsche Bank (DBKGn.DE) plans to close nearly half its Postbank branches by mid-2026 in response to changing demand from customers, a spokesperson for the German bank said on Monday. The bank plans to reduce the number of Postbank branches to around 300 from its current 550, the spokesperson said. Deutsche Bank's new head of private banking, Claudio de Sanctis, had first told the Financial Times about the closures in an interview earlier Monday. He told the FT that the bank's Deutsche-branded branches will also be scaled back, without giving more details.

Persons: Tyrone Siu, Claudio de Sanctis, Friederike Heine, Miranda Murray, Matthias Williams, Tomasz Janowski Organizations: Deutsche, REUTERS, Rights, Deutsche Bank, Financial Times, Thomson Locations: Hong Kong, China

☆ Here are Monday's biggest analyst calls: Nvidia, Tesla, Apple, AbbVie, Chevron, Krispy Kreme, Roku and more
▼ + stars: | 2023-10-30 | by ( Michael Bloom | ) www.cnbc.com time to read: +9 min

Here are the biggest calls on Wall Street on Monday: JPMorgan upgrades Eastman Chemical to overweight from neutral JPMorgan said it sees an earnings rebound for Eastman Chemical. Bank of America reiterates Roku Bank of America said it's standing by its buy rating heading into earnings later this week. JPMorgan downgrades Olin to neutral from overweight JPMorgan downgraded the chemical company citing concerns about reduced product demand. " JPMorgan downgrades Valley National to neutral from overweight JPMorgan downgraded the regional bank mainly on valuation. Bank of America initiates Cooper Companies as buy Bank of America said the contact lens company is well positioned. "

Persons: Bernstein, Tesla, underperform Bernstein, Morgan Stanley, Apple, it's, Pinterest, Raymond James downgrades, Raymond James, TD Cowen, Decker, Baird downgrades Datadog, Baird, JPMorgan downgrades Newell, JPMorgan downgrades Olin, Olin, Harris, Hess, Truist, Piper Sandler, Piper, Oppenheimer, Goldman Sachs, Okta, Goldman, Wolfe Organizations: JPMorgan, Eastman Chemical, Barclays, Bank of America, Roku Bank of America, Apple, Citi, Raymond James downgrades Cisco, Cisco, Stanley Black, JPMorgan downgrades, JPMorgan downgrades Newell Brands, Newell Brands, UBS, East West Bancorp, Chevron, of America, Cooper Companies, Microsoft, MSFT, Deutsche Bank, Nvidia, Deutsche, Broadcom Locations: China, Okta

☆ Deutsche Bank to nearly halve Postbank branches by 2026: spokesperson
▼ + stars: | 2023-10-30 | by ( ) www.reuters.com time to read: 1 min

The logo of Deutsche Bank is seen in Brussels, Belgium December 6, 2022. REUTERS/Yves Herman/File Photo Acquire Licensing RightsOct 30 (Reuters) - Deutsche Bank (DBKGn.DE) plans to cut the number of its Postbank branches from around 550 to 300 by mid-2026 as it adapts to changing demand, a spokesperson said in a written statement on Monday. The exact details of its plans will be finalised during negotiations with worker representatives shortly. Deutsche began the acquisition of Postbank, with its millions of clients and roots in the country's postal system, in 2008 during the global financial crisis but struggled for years to integrate it. Reporting by Friederike Heine; writing by Matthias Williams; editing by Rachel MoreOur Standards: The Thomson Reuters Trust Principles.

Persons: Yves Herman, Friederike Heine, Matthias Williams, Rachel More Organizations: Deutsche Bank, REUTERS, Deutsche, Thomson Locations: Brussels, Belgium

☆ Vodafone will struggle to get clean exit in Spain
▼ + stars: | 2023-10-30 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Toby Melville Acquire Licensing RightsLONDON, Oct 30 (Reuters Breakingviews) - Vodafone’s (VOD.L) boss Margherita Della Valle is cleaning up the sprawling 21 billion pound telecom group, but it’s a tough job. A potentially messy exit in Spain illustrates the point. Della Valle lacks an obvious partner in the country: local giant Telefónica (TEF.MC) is too big, while rivals Orange (ORAN.PA) and MásMóvil are merging with one another. As a result, Vodafone may have found itself a potentially problematic counterparty for the Spanish business, which Della Valle has put under strategic review. Investors might be reassured that Della Valle is making things happen, but a clean break in Spain looks increasingly unlikely.

Persons: Toby Melville, Margherita Della Valle, Della Valle, Eamonn O’Hare, Expansión, Zegona, Pamela Barbaglia, Liam Proud, Streisand Neto Organizations: Vodafone, REUTERS, Reuters, Orange, Zegona Communications, Virgin Media, Bloomberg, Deutsche Bank, ING, Reuters Graphics Reuters, X, Thomson Locations: London, Britain, Spain

The projections prompted U.S. Treasury debt yields to fall slightly, with the benchmark 10-year yield last at 4.88%. "Interest in today's borrowing projections have been higher than normal," said Thomas Simons, money market economist at Jeffries in New York. Investors awaited the Treasury's quarterly refunding statement on Wednesday for details on which maturities will be increased as the department pursues record borrowing levels. QUARTERLY RECORDSThe reduced $776 billion borrowing estimate would still be a record for any October-December period, exceeding the $689 billion in the 2021 quarter boosted by high COVID-19 relief outlays. In the third calendar quarter of 2023, the Treasury said it borrowed $1.01 trillion and ended that period with a cash balance of $657 billion.

Persons: Rick Wilking, Thomas Simons, Jeffries, Steven Zeng, Wednesday's, Zeng, Karen Brettell, David Lawder, Daniel Burns, Davide Barbuscia, Andrea Ricci, Richard Chang Organizations: REUTERS, U.S . Treasury, Treasury, Investors, Deutsche Bank, Thomson Locations: Westminster , Colorado, U.S, California, New York

☆ How 3 stocks tied to China's economy are navigating its uneven post-Covid recovery
▼ + stars: | 2023-10-30 | by ( Paulina Likos | ) www.cnbc.com time to read: +7 min

But looking at quarterly numbers and commentary from multinational companies doing business there, the road back for the world's second-largest economy remains uneven. Club name Procter & Gamble (PG) flagged weakness in China when it reported its fiscal first quarter 2024 earnings. SBUX YTD mountain Starbucks YTD Given P & G's remarks, we hope Starbucks is still able to keep its China numbers moving in the right direction. Starbucks' growth in China, its second-largest market after the U.S., is still in its early stages. WYNN YTD mountain Wynn Resorts YTD Commentary from Las Vegas Sands gives us hope that Wynn Resorts might be able to continue last quarter's momentum in gross gaming revenue in Macao.

Persons: China — Estee Lauder, —, Nicolas Hieronimus, Andre Schulten, Let's, Estee Lauder, Lauder YTD, Estee, We're, there's, Wells, WYNN, Wynn, Jim Cramer's, Jim Cramer, Jim Organizations: Starbucks, Wynn Resorts, Vegas Sands, L'Oreal, Procter, Gamble, Deutsche Bank, Wynn, HSBC, CNBC, Wuhan International Plaza, Getty Locations: China, Sands, Macao, Asia, Hainan province, U.S, Dubai, Wynn Macau, Wuhan, Hubei province

☆ UAW expected to announce tentative agreement with Stellantis to end labor strike
▼ + stars: | 2023-10-28 | by ( Michael Wayland | ) www.cnbc.com time to read: +4 min

The tentative agreement, which would still need to be approved by union leaders and ratified by members, is patterned off a 4½-year agreement reached between the union and Ford Motor on Wednesday, sources previously told CNBC. The UAW plans to hold a meeting early Saturday afternoon with local Stellantis union leaders following the sides agreeing in principle to the terms of a deal. The tentative agreement is expected to end six weeks of targeted labor strikes by the union after the sides failed to reach new deals for 146,000 UAW members before a Sept. 14 deadline. The union called back more than 16,000 striking Ford workers after reaching a tentative deal with the automaker. It's not immediately clear how much the labor deals will increase labor costs for the companies, which had argued that giving in to all of the union's demands would affect their competitiveness and even long-term viability.

Persons: Stellantis, Shawn Fain, Ford, It's Organizations: United Auto Workers, DETROIT, UAW, Ford Motor, CNBC, General Motors, GM, Bloomberg News, Ford, Deutsche Bank Locations: Sterling Heights, Mich, Illinois

☆ Ivanka Trump to testify Friday in the NY civil fraud trial – here's how she can hurt her father and brothers
▼ + stars: | 2023-10-28 | by ( Laura Italiano | ) www.businessinsider.com time to read: +6 min

On Friday, Trump's NY fraud-trial judge ruled Ivanka Trump must testify next week. Lawyers for the New York attorney general's office, who plan to call Ivanka Trump to the witness stand on Friday at their ongoing, $250 million Trump fraud trial, agree it was quite the deal. Her testimony at the non-jury trial could prove highly damaging to her father and two eldest brothers, Donald Trump, Jr., and Eric Trump – Trump Organization vice presidents who, like their father, are defendants in James' lawsuit. "Ivanka Trump tried to negotiate the number down to 2 billion," Wallace said in openings, "before agreeing to 2.5 billion." But during the same period, Donald Trump's net worth statements valued the exact same unit at $20.8 million.

Persons: Trump's, Ivanka Trump, —, Donald Trump's, Kevin Wallace, James, Letitia James, Donald Trump , Jr, Eric Trump, Trump, She'll, Wallace, Donald J, Jared Kushner, Donald Trump Organizations: Deutsche Bank, NY, Service, New, Trump, Eric Trump – Trump Organization, Trump White House, Trump Organization, Deutsche, Post, General Services Administration Locations: Miami, New York, Florida, Washington ,, Chicago, Washington, Manhattan

☆ GM, UAW may be nearing a labor deal after marathon negotiating session
▼ + stars: | 2023-10-27 | by ( Michael Wayland | ) www.cnbc.com time to read: +3 min

Both GM CEO Mary Barra and UAW President Shawn Fain participated in the marathon bargaining, however the union leader was doing so virtually, said two of the sources. Fain was attempting to simultaneously negotiate with GM and Chrysler parent Stellantis , which were hosting talks with the union roughly 30 minutes from one another. Spokespeople with GM, Stellantis and UAW declined to comment on specific details of the talks. The union called back striking Ford workers after reaching a tentative deal with the automaker. The strikes have collectively cost GM, Ford and Stellantis billions of dollars in lost production.

Persons: Mary Barra, Shawn Fain, Fain, Mark Stewart, Stellantis, Ford, It's Organizations: DETROIT, United Auto Workers, General Motors, Ford Motor, UAW, GM, Chrysler, North, Stellantis, Ford, Deutsche Bank

☆ European stocks mixed as investors assess global data, earnings; NatWest down 12%
▼ + stars: | 2023-10-27 | by ( Jenni Reid | ) www.cnbc.com time to read: +2 min

European stocks had a mixed open Friday, with earnings and the state of the global economy keeping sentiment on edge. NatWest plunged as much as 17% near the open before trading around 12% lower on the prior session. Earnings on Friday are set to come from U.K. bank NatWest , airline group Air France-KLM and retailer H&M. Investors also remain focused on central bank messaging on "higher for longer" rates and economic indicators as bond yields remain elevated. The European Central Bank on Thursday held interest rates steady after an unprecedented run of 10 hikes.

Persons: Alison Rose, Christine Lagarde, Lagarde Organizations: NatWest, Authority, Deutsche Bank, Barclays, Air France, KLM, Investors, European Central Bank, CNBC, Federal Locations: Asia, Pacific, China

☆ There's an overall slowdown in EV adoption, says Deutsche Bank's Emmanuel Rosner
▼ + stars: | 2023-10-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's an overall slowdown in EV adoption, says Deutsche Bank's Emmanuel RosnerEmmanuel Rosner, Deutsche Bank lead auto technology analyst, joins 'Squawk on the Street' to discuss the auto industry, why there's a slowdown in EV adoption, and more.

Persons: Deutsche Bank's Emmanuel Rosner Emmanuel Rosner Organizations: Deutsche, Deutsche Bank

☆ Here are Friday's biggest analyst calls: Apple, Intel, Rivian, ResMed, Amazon, Enphase, Southwest & more
▼ + stars: | 2023-10-27 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

JPMorgan initiates TKO Group as overweight JPMorgan said the WWE and UFC combo company is a "sports champion." Bank of America downgrades Hasbro to neutral from buy Bank of America downgraded the toymaker after its earnings report on Thursday. " HSBC upgrades Intel to hold from sell HSBC upgraded Intel after its earnings report on Thursday. TD Cowen downgrades Southwest to market perform from outperform TD downgraded the stock after its "tough" earnings report on Thursday. " Goldman Sachs reiterates Amazon as buy Goldman said the stock remains attractive after its earnings report Thursday.

Persons: Cantor Fitzgerald, Rivian, Cantor, Stifel, we've, JPMorgan, Morgan Stanley, Piper Sandler downgrades, Piper, Guggenheim, Raymond James, Roblox, TD Cowen, TD Cowen downgrades Hershey, it's bullish, Wells, Goldman Sachs, Goldman Organizations: Dominion, WWE, UFC, " Bank of America, Hasbro, Bank of America, Products, Energy, JPMorgan, HSBC, Intel, Inc, Deutsche Bank, Deutsche, Griffon Corp, Management, Hershey, BMO, Merck, Citi, Cisco, JPMorgan downgrades, Apple, of America

☆ Judge denies motion to block Ivanka Trump testimony in New York civil fraud trial
▼ + stars: | 2023-10-27 | by ( Lauren Del Valle | Jeremy Herb | ) edition.cnn.com time to read: +4 min

New York (CNN) — Ivanka Trump must testify at her father’s New York civil fraud trial, the judge overseeing the case ruled on Friday. Ivanka Trump’s attorney had argued that she should not be forced to appear after an appellate court removed her as a defendant in the case. The judge also said Ivanka Trump should have submitted an affidavit asserting that she does not live or work in the state presently. Ivanka Trump was still identified by the New York attorney general’s office as a potential witness they could call in the case. Another Trump attorney, Cliff Robert, said Eric Trump is willing to be the corporate representative for the Trump Organization because he’s going to be testifying at trial anyway.

Persons: — Ivanka Trump, Arthur Engoron, Ivanka, Ms, Trump, ” Engoron, Ivanka Trump, it’s, Engoron, Donald Trump’s, Chris Kise, Donald, Letitia James, Kise, “, Trump’s, ” “, ” Kise, ” Ivanka Trump, –, Donald Trump, Eric Trump, Donald Trump Jr, James, James ’, Bennet Moskowitz, Moskowitz, Cliff Robert, Kevin Wallace, ” Wallace, Wallace Organizations: CNN, . New, New, Trump Organization, –, Trump, Post, Deutsche Bank, Post Office Locations: York, New York, Florida, Washington ,

☆ BNP Paribas posts in-line Q3 profits as trading declines
▼ + stars: | 2023-10-26 | by ( ) www.cnbc.com time to read: +2 min

BNP Paribas , the euro zone's biggest bank, posted in-line quarterly results on Thursday, as a jump in corporate financing services offset the continued retreat in trading revenue. Group sales over the three-month period ending in September rose by 4% to 11.58 billion euros, slightly above the 11.52 billion-euro consensus. Germany's Deutsche Bank reported a 12% drop in such revenue for the period, while Britain's Barclays reported a 13% decrease. BNP set aside 734 million euros for credit losses, below the 815 million euros expected by analysts. It also completed more than 85% of its 5 billion-euro share buyback program in 2023, equivalent to about 7% of its market capitalisation.

Persons: Jean, Laurent Bonnafe Organizations: BNP, French, Deutsche Bank, Barclays, Bank of Locations: U.S, Ukraine, Bank

☆ BNP says tough economy could spur opportunities for bolt-on deals
▼ + stars: | 2023-10-26 | by ( ) www.reuters.com time to read: +1 min

PARIS, Oct 26 (Reuters) - Slower economic growth in 2024 could create more opportunities for bolt-on acquisitions, BNP Paribas (BNPP.PA) Chief Financial Officer Lars Machenil said on Thursday. "If the (economic) growth is a bit more timid, which is probably what we're going to see next year, then that fuelling of additional growth - natural, organic - will be a tad slower," Machenil said. Machenil didn't elaborate on the nature of the potential bolt-on acquisitions. "Depending on how the next year will unfold, yes (there) might (be a) shift a bit towards bolting on," he said. Reporting by Mathieu Rosemain Editing by Mark PotterOur Standards: The Thomson Reuters Trust Principles.

Persons: Lars Machenil, Machenil, Mathieu Rosemain, Mark Potter Organizations: BNP, Deutsche, ABN Amro, Bank of, Thomson Locations: Bank

☆ Meta shares dip following cautious commentary about unrest in the Middle East
▼ + stars: | 2023-10-26 | by ( Ashley Capoot | ) www.cnbc.com time to read: +3 min

Shares of Meta initially rose after the report but the gains were erased when Meta's finance chief Susan Li warned analysts about unpredictability in the Middle East. As a result of the conflict in Israel, Meta gave fourth-quarter guidance between $36.5 billion to $40 billion. Meta reported $34.15 billion in revenue for the quarter, up 23%, and the fastest rate of growth since 2021. Evercore analysts said "the BIG negative" from the call was that brand advertising demand has slowed as a result of the war. Despite the slowing brand advertising demand, the Evercore analysts said a lot is "working" at Meta.

Persons: Li, Susan Li, Meta, Mark Zuckerberg, Morgan Stanley Organizations: Meta, Facebook, Paley Center For Media, Deutsche Bank Locations: Israel, New York, Ukraine, Meta

☆ China is on the right path but it isn't the right time to invest there yet: Deutsche Bank
▼ + stars: | 2023-10-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina is on the right path but it isn't the right time to invest there yet: Deutsche BankStefanie Holtze-Jen of Deutsche Bank Private Bank says that China is "marching in the right direction" but momentum will only pick up when foreign investors are convinced that the market has bottomed out.

Persons: Deutsche Bank Stefanie Holtze, Jen Organizations: China, Deutsche Bank, Deutsche Bank Private Bank Locations: China

☆ Microsoft shares rise as Wall Street heralds ‘strong execution,’ wider AI rollout
▼ + stars: | 2023-10-25 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +2 min

The company also beat revenue consensus among analysts surveyed by LSEG, formerly known as Refinitiv. Microsoft reported revenue of $56.52 billion for the quarter, compared to a consensus estimate of $54.50 billion. Zelnick raised his price target from $380 to $395, adding that "operating discipline" and "a full-stack approach to delivering AI solutions" was just as, if not more impressive, than Microsoft's revenue beat. Azure revenue alone, which Microsoft doesn't disclose in dollars, grew 29% during the quarter. Comments from Microsoft executives helped boost analyst sentiment as well, with Chief Financial Officer Amy Hood saying on a Tuesday call with analysts, "We feel good about our execution, we feel good about taking share and we feel good about consistent trends."

Persons: Brad Zelnick, Zelnick, Raimo Lenschow, Microsoft's, Lenschow, Amy Hood, Jordan Novet, Michael Bloom Organizations: Microsoft, LSEG, Deutsche Bank, Software, Barclays, CNBC

☆ Stocks making the biggest moves midday: Microsoft, Alphabet, Waste Management and more
▼ + stars: | 2023-10-25 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

Microsoft posted almost 13% year-over-year revenue growth, and its Azure cloud segment saw revenue gain 29% for the quarter. Norfolk Southern — The freight railroad dropped 5.3% on the back of disappointing third-quarter earnings. General Dynamics — Shares of General Dynamics rose 4% after the defense contractor's third-quarter earnings and revenue topped estimates. The semiconductor manufacturer sees earnings per share between $1.35 and $1.57, versus the $1.76 expected by analysts polled by FactSet. The stock's third-quarter revenue also disappointed investors, coming in at $4.35 billion, versus the $4.58 billion estimated by analysts polled by LSEG.

Persons: Wells, Max, —, Lisa Kailai Han, Fred Imbert, Hakyung Kim, Yun Li Organizations: Microsoft —, Microsoft, Windows, Norfolk Southern, LSEG, Revenue, Dynamics —, Dynamics, General Dynamics, Boeing —, Deutsche Bank, . Waste Management, Texas, FactSet Locations: U.S

☆ Morning Bid: Megacaps scatter in the cloud
▼ + stars: | 2023-10-25 | by ( ) www.reuters.com time to read: +5 min

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 28, 2023. But after the S&P500 staged an impressive 0.7% bounce on Tuesday, futures were back in the red again ahead of the open. The negativity cut across what was otherwise a more upbeat macro picture and a calmer bond market following recent ructions. Chinese developer Country Garden (2007.HK) is deemed in default on a dollar bond for the first time, Bloomberg News reported. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Brendan McDermid, Mike Dolan, Alphabet's, Microsoft's, Baker Hughes, Teradyne, Hess, Jerome Powell, Barbara Lewis Organizations: New York Stock Exchange, REUTERS, Big Tech, Google, Microsoft, Meta, IBM, Boeing, Bloomberg News, Treasury, Bank of Canada, Deutsche Bank, United Health, General Dynamics, Whirlpool, Otis, Hilton, U.S, Reuters, PMI, Thomson Locations: New York City, U.S, HK, United States, Europe, Worldline, Germany, Ameriprise, EQT, Washington

☆ Three-Stock Lunch: Deutsche Bank, Boeing and Costar Group
▼ + stars: | 2023-10-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThree-Stock Lunch: Deutsche Bank, Boeing and Costar GroupRyan Belanger, Claro Advisors founder, joins ‘Power Lunch’ to discuss three stocks: Deutsche Bank, Boeing and Costar Group.

Persons: Ryan Belanger Organizations: Deutsche Bank, Boeing, Claro Advisors

☆ Stock Market News Today: Dow, Nasdaq Slip; Alphabet Stock Price Falls
▼ + stars: | 2023-10-25 | by ( ) www.wsj.com time to read: +1 min

Some of the stock market's behemoths are badly underperforming in midday trading, weighing on the broader market. Alphabet's stock is down more than 9% after reporting its quarterly results , a warning sign to some investors about the resilience of tech stocks after a banner year . Stay tuned: The earnings deluge continues today, with Facebook parent Meta Platforms , Barbie maker Mattel and IBM due to report after the closing bell. The tech-heavy Nasdaq and S&P 500 were in the red, while the Dow industrials were slightly higher. Yields on benchmark 10-year Treasury notes inched up, but held below the 16-year high of 5% reached Monday.

Persons: Stocks, inched Organizations: Apple, Nvidia, Microsoft, Facebook, Mattel, IBM, Nasdaq, Dow, Germany's Deutsche Bank

☆ Stock Market News Today: Nasdaq Falls 300 Points; Alphabet Stock Price Falls After Earnings
▼ + stars: | 2023-10-25 | by ( ) www.wsj.com time to read: +1 min

Some of the stock market's behemoths badly underperformed, weighing on the broader market. Alphabet's stock closed down more than 9% after reporting its quarterly results , a warning sign to some investors about the resilience of tech stocks after a banner year . Stay tuned: The earnings deluge continues today, with Facebook parent Meta Platforms , Barbie maker Mattel and IBM due to report after the closing bell. Stocks fell. Chip stocks fell after Texas Instruments reported lackluster quarterly results.

Persons: Stocks, Chip Organizations: Apple, Nvidia, Microsoft, Facebook, Mattel, IBM, Nasdaq, Texas, Germany's Deutsche Bank

Search resuls for: "Deutsche Bank"

25 mentions found