JPMorgan Chase & Co. (JPM) – Get report It posted stronger-than-expected second-quarter earnings Tuesday, but said it would suspend its share buyback plans until at least the end of September and set aside more than $ 10 billion to absorb potential losses on bad loans. JPMorgan said net income for …
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Tuesday’s market minute Global stocks fall after last night’s sell-off on Wall Street as global coronavirus infections top 13 million. Infections in the US continue to rise to 3.3 million, with 135,000 deaths, prompting business closings in California and questions about the pace of the national economic recovery. China’s trade …
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Warren Buffett may have repurchased more than $ 5 billion in Berkshire Hathaway stock in recent weeks. The famous investor revealed its stake in Berkshire in a presentation last week, suggesting that the number of shares outstanding fell by about 1.2% between April 23 and July 7. “It involves relatively …
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FILE PHOTO – Jack Ma, founder and CEO of China’s Alibaba Group, speaks in front of an image of SoftBank’s human robot called ‘pepper’ during a press conference in Chiba, Japan, June 18, 2015. REUTERS / Yuya Shino / Stock Image SHANGHAI (Reuters) – Alibaba Group Holding Ltd co-founder Jack …
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Microsoft (MSFT) – Get report He has reportedly expressed interest in acquiring the gaming division of AT&T (T) – Get report Warner Bros. The software giant is interested in the games division, the information reported, citing two people familiar with the situation. Warner Bros. Interactive Entertainment, or WB Games, is …
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