CNBC - Finance

Stocks making the biggest moves midday: IBM, AMC Entertainment, Logitech, Travelers and more

Tue, 20 Oct 2020 15:57:24 GMT

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

Corporate execs are talking differently on earnings calls to please the machines

Tue, 20 Oct 2020 15:31:39 GMT

A recent study found that executives on earnings calls are increasingly avoiding using negative words and trying to sound more upbeat.

Ant Group gets Hong Kong stock exchange approval, clearing last major hurdle for its massive IPO

Tue, 20 Oct 2020 13:33:59 GMT

Ant Group has received approval from the Hong Kong stock exchange for its highly-anticipated initial public offering (IPO), CNBC has confirmed.

Stocks making the biggest moves in the premarket: Procter & Gamble, Travelers, Logitech ...

Tue, 20 Oct 2020 12:02:09 GMT

The stocks making the biggest moves in premarket trading include Procter & Gamble, Travelers, Logitech, and more.

This comic was $2 short of getting Trump's $300 weekly unemployment benefit. ...

Tue, 20 Oct 2020 12:00:01 GMT

Roughly 6% of workers collecting unemployment insurance from their state didn't get the $300 weekly aid because they fell below the $100-a-week threshold, according to an initial estimate from Eliza Forsythe, a labor economist and assistant professor at the University of Illinois.

Swiss wealth manager UBS reports 99% hike in net income to $2.1 billion for the third quarter

Tue, 20 Oct 2020 04:50:43 GMT

Inflation comeback may force Fed to abandon easy money policy much sooner than intended, Wall ...

Mon, 19 Oct 2020 22:31:37 GMT

Bianco Research's James Bianco warns the economic backdrop could push the Federal Reserve to tighten and upset the stock market.

Bostic says the Fed needs to do more to address racial economic impact from the pandemic

Mon, 19 Oct 2020 18:58:42 GMT

"The Fed has an important role to play. We must be central to this conversation. And increasingly, I think we are," Bostic said

Stocks making the biggest moves midday: American Airlines, Halliburton, RH, AMC & more

Mon, 19 Oct 2020 15:30:42 GMT

AMC shares pop on hope that New York movie theaters could open later this week. American Airlines gets a boost as 737 Max comes back.

European banks are set for a better earnings season as bad loan payouts stabilize

Mon, 19 Oct 2020 14:02:23 GMT

With European banks gearing up to report third-quarter earnings, analysts are expecting sharp reductions in loan loss provisions to drive a fragile stabilization.

Watch Fed Chair Jerome Powell speak live to the International Monetary Fund

Mon, 19 Oct 2020 11:56:39 GMT

Powell's remarks are part of a session on "Cross-Border Payments and Digital Currencies."

Stocks making the biggest moves in the premarket: Concho Resources, Halliburton, AstraZeneca ...

Mon, 19 Oct 2020 11:46:37 GMT

The stocks making the biggest moves in premarket trading include Concho Resources, Halliburton, AstraZeneca, and more.

Active funds are not being muscled out by ETFs, Refinitiv expert says

Mon, 19 Oct 2020 10:31:50 GMT

Although exchange-traded funds are growing in popularity, they are not yet making meaningful incursions into the territory of actively-managed funds, according to Refinitive's Head of Lipper EMEA Research, Detlef Glow.

Acorns partners with ZipRecruiter to launch a job portal within the finance app

Mon, 19 Oct 2020 10:00:14 GMT

Acorns announced a partnership with online job market ZipRecruiter on Monday, which allows clients to browse and apply for jobs within the app.

Why tech IPOs are flourishing in the U.S. and China — but not Europe

Mon, 19 Oct 2020 08:56:06 GMT

According to PitchBook, Europe has seen just 26 venture capital-backed IPOs this year, compared to 70 in the U.S. and 92 in China.

Ant Group wins approval from Chinese regulators for the Hong Kong leg of its blockbuster IPO

Mon, 19 Oct 2020 02:29:49 GMT

Ant Group, which is 33% owned by Alibaba and controlled by billionaire Jack Ma, is seeking to list in Shanghai and Hong Kong in a concurrent IPO.

Stock futures rise as traders weigh rising coronavirus cases, U.S. stimulus talks

Sun, 18 Oct 2020 22:01:55 GMT

Futures rose as the number of coronavirus cases continues to rise while lawmakers remain at an impasse over a new stimulus deal.

This historical trend points to strong fourth quarter gains — and 2020 may be no exception

Sun, 18 Oct 2020 21:00:01 GMT

Ally Invest's Lindsey Bell won't give up on the final three months of the year.

Starboard looks to keep its great track record going in the chip industry

Sat, 17 Oct 2020 11:55:42 GMT

Starboard has had a positive return on all 12 of its past moves in the chip space.

Rockefeller heirs call on banks to stop lending to fossil fuel companies

Fri, 16 Oct 2020 16:43:57 GMT

Descendants of Standard Oil founder John D. Rockefeller are calling on the major banks to put an end to fossil fuel financing.