Tag: Breaking News: Investing
Why Capital One is buying Discover in the biggest merger yet of 2024
Capital One CEO and Chairman, Richard Fairbank.Marvin Joseph| The Washington Post | Getty ImagesCapital One's recently announced $35.3 billion acquisi [...]
Carl Icahn gets two seats on JetBlueâs board. Hereâs how he may help build value
JetBlue Airbus A321LR is displayed at the 54th International Paris Air Show at Le Bourget Airport near Paris, France, June 20, 2023. Benoit Tessier | [...]
Affirm buy now pay later vendor discusses loans, delinquencies
A young man holds a credit card and uses a laptop for online shopping.Diy13 | Istock | Getty ImagesAmericans shopping online after midnight often make [...]
Family offices shift out of cash and into alternatives
Strauss/curtis | The Image Bank | Getty ImagesA version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly [...]
Wells Fargo says consent order tied to 2016 scandal lifted
NEW YORK, NEW YORK - MAY 17: President and CEO of Wells Fargo Charlie Scharf attends The Future of Everything presented by the Wall Street Journal at [...]
Activist Ancora may turn to a reliable tactic to enhance value at Norfolk Southern
A Norfolk Southern rail terminal in Austell, Georgia, US, on Tuesday, July 25, 2023.Elijah Nouvelage | Bloomberg | Getty ImagesCompany: Norfolk Southe [...]
JPMorgan Chase, Wells Fargo cut overdraft revenue to $2 billion in 2023
Pedestrians pass a JPMorgan Chase bank branch in New York.Michael Nagle | Bloomberg | Getty ImagesThe three biggest American retail banks collected 25 [...]
NYCB reignites banking industry, commercial real estate fears
The New York Community Bank (NYCB) headquarters in Hicksville, New York, US, on Thursday, Feb. 1, 2024. Bing Guan | Bloomberg | Getty ImagesEmbattled [...]
Billionaire Bill Ackman to open NYSE-listed fund for regular investors
Bill Ackman, Pershing Square Capital Management CEO, speaking at the Delivering Alpha conference in NYC on Sept. 28th, 2023.Adam Jeffery | CNBCPershin [...]
Moody’s downgrades bank’s credit rating to junk; shares tumble
A sign is pictured above a branch of the New York Community Bank in Yonkers, New York, U.S., January 31, 2024. Mike Segar | ReutersNew York Community [...]
Top Wall Street analysts suggest these 3 stocks for solid upside
The Netflix logo is shown on one of the streaming giant's Hollywood buildings in Los Angeles on July 12, 2023.Mike Blake | ReutersThe U.S. stock marke [...]
Goldman Sachs-backed electricity firm to reach more Americans’ homes
Omar Marques | Lightrocket | Getty ImagesGoldman Sachs abandoned an ill-fated push into consumer banking in late 2022, but an investment in a Texas en [...]
Walmart announces 3-for-1 stock split as shares hover below all-time high
A worker carries bananas inside the Walmart Supercenter in North Bergen, New Jersey.Eduardo Munoz Alvarez | APWalmart announced a three-for-one stock [...]
How ‘quiet luxury’ is subtly taking over investor portfolios
VIENNA, AUSTRIA - NOVEMBER 25, 2022: Karin Teigl is seen wearing Hermès yellow leather mini Kelly, Baum & Pferdgarten green leather jacket, Lumina [...]
Busy Fed week, tech earnings could dictate the course of this rally, Fundstrat’s Tom Lee says
Managing Partner and the Head of Research at Fundstrat Global Advisors, speaking on CNBC's The Exchange on Oct. 31st, 2023. Adam Jeffery | CNBCInvesto [...]