WASHINGTON, Feb 2 (Reuters) - The number of Americans filing new claims for jobless benefits unexpectedly fell last week as the job market remained resilient despite rising borrowing costs and…
Net profit Q4 share of 1.8 billion euros compared to forecast of 951 millionThe period concludes the restructuring programQ4 investment banking revenue disappointsStocks drop as much as 5% before recouping…
Tech Stocks Lead LossesPhilips will cut 13% of jobs to increase its profitabilitySTOXX 600 down 0.6%Jan 30 (Reuters) - European stocks fell on Monday as cautious investors anticipated a series…
Expects first quarter core earnings to be lower than last yearExpects to see the effect of cost savings from the second quarterCost savings to include downsizing -CFOGross margin fell to…
WASHINGTON, Jan 20 (Reuters) - The Federal Reserve is expected to ease the pace of its interest rate hikes again from Jan. 31 to Feb. 31. 1 political meeting while…
LONDON, Jan 19 (Reuters) - U.S. manufacturers are likely to have entered a recession in the fourth quarter of 2022, based on a series of high-frequency indicators, as part of…
Jan 18 (Reuters) - Anxious to boost margins and ease investor concerns at a time of slowing sales growth, major U.S. tech companies are set to cut staff and inflated…
NEW YORK, Jan 17 (Reuters) - The financial fortunes of Wall Street investment banking titans have split, with Morgan Stanley (MS.N) enjoying higher wealth management revenue while Goldman Sachs (GS…
Jan 17 (Reuters) - Goldman Sachs Group Inc (GS.N) reported a bigger-than-expected 69% drop in fourth-quarter profit on Tuesday as it battled a drop in deals, lower revenue from the…
NEW YORK, Jan 17 (Reuters) - Wall Street banks saw deep declines in investment banking business in the fourth quarter, prompting thousands of job cuts, but executives are looking for…