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The rise of America's hottest investment product is shaking up Wall Street...
There isn't much left to say about the explosive growth of exchange-traded funds that hasn't been said already.These funds, which simply track an index, have hoovered up assets at a high rate over the...
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Regulators didn't like Wall Street's big loan to Uber
Federal regulators criticized several Wall Street banks over the handling of a $1.15 billion loan they helped arrange for Uber Technologies this past summer, according to people with knowledge of the...
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Goldman Sachs just promoted two senior San Francisco bankers
Goldman Sachs has promoted investment bankers Ryan Limaye and Nick Giovanni, naming them coheads of global technology investment banking, according to an internal memo on Tuesday.Limaye had been...
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Wall Street has been missing a huge trend in China
China is home to plenty of paradoxes, but some of them are Western misconceptions. For example, notion of "ghost cities" is largely the result of information inefficiencies and misunderstandings...
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Morgan Stanley lays off bankers and cuts bonuses
Morgan Stanley laid off a number of senior investment bankers last week and cut bonuses by roughly 15 percent because of a decline in revenue from dealmaking and capital raising across Wall Street,...
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Bank of America beats on the bottom line, misses on the top (BAC)
Fourth-quarter bank earnings kicked off Friday with Bank of America, which reported earnings per share of $0.40 on revenue of $20.22 billion.Analysts were expecting adjusted earnings per share of $0.38...
View ArticleA Harvard business professor explains a legal form of 'insider trading' in...
Eugene Soltes is a professor at Harvard Business School as well as the author of "Why They Do It", which focuses on white-collar crime. He spent seven years speaking with some of the biggest...
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JPMorgan beats! (JPM)
JPMorgan just reported fourth-quarter earnings that beat expectations.The firm on Friday reported earnings per share of $1.71 on revenue of $24.33 billion.Analysts were expecting adjusted earnings per...
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Wall Street is back (KBE)
Wall Street banks kicked off fourth-quarter earnings on Friday, and the tone was pretty optimistic.Two of the largest banks in America, JPMorgan and Bank of America, beat analyst expectations, and...
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Here's the memo the CEO of JPMorgan's giant investment bank just sent to staff
JPMorgan on Friday reported fourth-quarter earnings that beat on the top and bottom lines.The corporate and investment bank, in particular, had its best revenue on record for a fourth quarter,...
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Evan Spiegel is selling his vision to investors ahead of Snap's huge IPO
Evan Spiegel, the cofounder and CEO of Snap Inc., met with potential investors in New York City last week as the company starts to mobilize backers for its highly anticipated initial public offering,...
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Morgan Stanley beats! (MS)
Morgan Stanley just reported fourth-quarter earnings that beat on the top and bottom lines.The firm reported earnings per share of $0.81 on revenue of $9.02 billion.The firm was expected to report...
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Claire's withdraws its IPO
The accessory retailer Claire's has withdrawn its plans to go public, according to a Securities and Exchange Commission filing.The company said it had "decided not to proceed with the offering at this...
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LIVE: Goldman Sachs reports Q4 earnings
Goldman Sachs is expected to report third-quarter earnings at 7:30 a.m. ET on Wednesday.Analysts are expecting adjusted earnings per share of $4.80 on revenue of $7.76 billion, according to...
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Here comes Citi...
Citigroup is expected to report third-quarter earnings at 8 a.m. ET on Wednesday.Analysts are expecting adjusted earnings per share of $1.12 on revenue of $17.26 billion, according to Bloomberg.Trading...
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GOLDMAN SACHS CEO: The markets were already great before Trump's win
Stock markets have been on a tear since Donald Trump's electoral victory in November, but at least one Wall Street titan says the president-elect can't take all the credit.Goldman Sachs CEO Lloyd...
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The real problem with a job on Wall Street right now
SAN FRANCISCO - You might have heard that Wall Street doesn't pay what it used to.That's likely true, but according to a survey of over 1,000 banking employees by strategy consulting firm Quinlan &...
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The chart that should have every Wall Street CEO worried
SAN FRANCISCO —It's a chart that should have every manager on Wall Street worried.According to a survey of over 1,000 banking employees by strategy consulting firm Quinlan & Associates, more than a...
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Tesla's biggest bull on Wall Street is running again, and shares are jumping...
About a year ago, Wall Street experienced the collective realization that Tesla is an actual car company, not a fast-growing technology stock, and analysts began pulling back on some of their more...
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The giant Walgreens-Ride Aid merger could be in trouble, and their stocks...
It looks like the massive Walgreens-Rite Aid merger might be in trouble, just one week before the deadline to complete the deal.US antitrust regulators "aren't sold" on the proposal, according to...
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