Edition:
United Kingdom

Sweta Singh

Caterpillar, Nvidia sound alarm on profit hit from China

28 Jan 2019

Warnings from Caterpillar and Nvidia on Monday about weakening demand from China signal investors could see more profit shortfalls from U.S. companies that count on the world's No. 2 economy for a big portion of their business. | Video

JPMorgan's consumer banking strength offsets bond trading weakness

12 Oct 2018

JPMorgan Chase & Co reported a better-than-expected quarterly profit on Friday as gains from higher interest rates and growth in loans helped the bank offset weakness in bond trading revenue. | Video

Tesla, Musk sought to 'burn' Citron, other short-sellers - lawsuit

06 Sep 2018

The prominent short-seller Andrew Left has sued Tesla Inc and its Chief Executive Elon Musk, saying Musk fraudulently engineered his since-abandoned plan to take Tesla private to "burn" investors hoping the electric car company's stock price would fall. | Video

Bank of America profit beats on consumer loan growth, lower expenses

16 Jul 2018

Bank of America Corp reported quarterly profit above analyst expectations on Monday as the second-largest U.S. lender cut expenses and benefited from growth in loans and deposits on the back of a strengthening economy. | Video

Citigroup executives see better growth ahead, but not yet

13 Jul 2018

Citigroup Inc is still on track to hit its goals for efficiency and revenue growth, executives said on Friday, as analysts pressed them to explain how those expectations line up with second-quarter results. | Video

JPMorgan profit beats on better-than-expected trading, loan growth

13 Jul 2018

JPMorgan Chase & Co's quarterly profit topped Wall Street's expectations on Friday, as trading revenue came in much higher than expected and demand for loans increased on the back of a strengthening U.S. economy. | Video

BJ's Wholesale files to return to public market

17 May 2018

Warehouse club operator BJ's Wholesale Club Holdings Inc has filed with U.S. regulators to return to the public market, undeterred by a downturn in the retail sector.

BofA profit beats estimates on higher interest rates, loan growth

16 Apr 2018

Bank of America reported a 34 percent rise in first-quarter profit on Monday, topping Wall Street estimates, as the lender benefited from higher interest rates and growth in loans and deposits. | Video

Citigroup profit beats on strength in consumer banking, equity trading

13 Apr 2018

Citigroup Inc reported a higher-than-expected quarterly profit on Friday, driven by strength in its consumer banking business and a surge in equities trading.

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