A woman walks past the New York Stock Exchange (NYSE) on July 13, 2020 on Wall Street in New York City. Johannes Eisele | fake pictures These are the companies that appear in the headlines of the trade at noon: Morgan Stanley – The bank’s shares rose 4% after it …
Read More »‘Big money’ wants to sell regardless of profit, economic data
CNBC’s Jim Cramer said there are investors who want to sell stocks, regardless of positive earnings or encouraging economic data. That is putting pressure on US stocks on Thursday, he added. “Someone is a seller … There is a lot of money that wants to go out now,” Cramer said …
Read More »Morgan Stanley (MS) Q2 2020 earnings
James Gorman, President and CEO of Morgan Stanley, appears on CNBC’s Squawk Box at the 2020 World Economic Forum in Davos, Switzerland, on January 22, 2020. Adam Galici | fake pictures Morgan Stanley released second-quarter results on Thursday that beat analyst estimates of stronger business revenue than expected. The bank …
Read More »“There’s no point” excluding Chinese companies from US stock markets, says PIIE
Flags of the USA and China along Pennsylvania Avenue in Washington, DC on January 17, 2011. Andrew Harrer | Bloomberg | fake pictures The exclusion of Chinese companies from the US stock exchanges is “a futile push” that will not deny these companies access to US capital markets or harm …
Read More »Micron, Conagra, Apple, Xilinx brands and more
Take a look at some of the most important engines on the previous market: Conagra Brands (CAG): The food producer reported quarterly earnings of 75 cents a share, 9 cents a share above estimates. Revenue also exceeded consensus, and Conagra gave a forecast range of earnings for the current quarter …
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