Bank of America’s Earnings Suggest U.S. Consumers Remain Strong and Active
Loan and deposit growth at the nation’s second-largest bank suggest that a possible global economic slowdown has not yet hurt many Americans.
Posted inCompany Reports DOW JONES & CO Fox Entertainment Group Inc Mergers, Acquisitions and Divestitures Murdoch, Lachlan Murdoch, Rupert News and News Media News Corporation Shareholder Rights and Activism Wall Street Journal
As Fox and News Corp Weigh Merger, an Activist Has Its Own Vision
Irenic Capital Management, which has a $150 million stake in News Corp, wants the company to split up its media and real estate listings businesses.
Morgan Stanley’s 30% Profit Drop Sends Stock Price Down
The Wall Street firm reported lower fees and weaker revenue from trading stocks in the third quarter.
Citigroup Quarterly Profit Falls 25%
The bank reported a 25 percent decline in profit in the third quarter, versus last year, in part because of “very challenging markets.”