(Reuters) – Canada’s Bank of Montreal posted a lower fourth-quarter profit on Thursday, as revenue from its capital markets business…
Marketmind: Powell clears the decks
LONDON (Reuters) – A look at the day ahead in U.S. and global markets from Mike Dolan. Intended or not,…
Piper Sandler cuts estimates for Apple’s Dec quarter as China worries mount
(Reuters) – Analysts at Piper Sandler on Thursday cut their revenue and iPhone sales estimates for Apple Inc’s December quarter,…
Analysis-Chinese developers’ offshore creditors eye bargains; cautious on demand
By Davide Barbuscia, Samuel Shen and Xie Yu NEW YORK/SHANGHAI/HONG KONG (Reuters) – Some offshore bondholders are scouting for bargains…
J.P.Morgan cuts 2023 S&P 500 earnings forecast by 9%
(Reuters) – J.P.Morgan on Thursday cut its 2023 earnings forecast for S&P 500 companies, citing weaker demand and pricing power,…
China will move to protect its firms following U.S. telecoms ban
BEIJING (Reuters) – China opposes the U.S. Federal Communications Commission’s ban on new Chinese telecommunications equipment sales, the commerce ministry…
Credit Suisse’s fund outflows may spark M&A talk – JPMorgan
ZURICH (Reuters) – Continued client outflows at Credit Suisse could spark speculation of a takeover of the embattled Swiss bank…
Meta executive says holiday sales were earlier and bigger this year
(Reuters) – The head of Meta Platforms’ business group said on Wednesday that the holiday shopping season started earlier than…
U.S. Treasury’s Yellen ‘practiced and practiced’ her signature for U.S. bills
NEW YORK (Reuters) – U.S. Treasury Secretary Janet Yellen said she “practiced and practiced” writing the signature that will soon…
TSMC plans to make more advanced chips in US on Apple’s push – Bloomberg News
(Reuters) -Taiwan Semiconductor Manufacturing Co will offer advanced 4-nanometer chips when its new $12-billion plant in Arizona opens in 2024,…