Trump Tweet Celebrates Wall Street Rally
President Donald Trump on Thursday hailed Wall Street's continuing rally, tweeting out a celebratory message as the White House continues to be roiled by internal divisions and scandal. "Stock...
Tag: Investment Banking & Brokerage Services – NEC
Banker-Financier Mnuchin Confirmed To Head US Treasury
The US Senate confirmed Wall Street banker Steven Mnuchin to be the next secretary of the US Treasury, overcoming fierce Democratic objection of yet another nominee to President Donald Trump's...
US Stocks Extend Records Ahead of Yellen Testimony
Wall Street stocks rose early Monday, extending last week's records on continued positive momentum ahead of congressional testimony this week by US Federal Reserve Chair Janet Yellen. About 50...
The Biggest Players Today On Wall Street? Algorithms
They are agnostic on market direction, but ubiquitous in markets. Firms like Goldman Sachs and Morgan Stanley may get the headlines, but algorithms are the real force today on Wall Street. The...
Reckitt Finalizes Deal To Buy Mead Johnson For $16.6 Billion
Reckitt Benckiser (RB. L) has agreed to buy U.S. baby formula maker Mead Johnson Nutrition (MJN.N) for $16.6 billion, giving the British consumer goods company a new product line and expanding its...
Aon To Sell Benefits Outsourcing To Blackstone For $4.3 Billion
They typically seek to sell ownership of such assets at a big profit a few years after they invest. Insurance broker Aon PLC (AON. N) said on Friday it agreed to sell its benefits administration and...
Trump Tax Cut Talk, Chinese Data Spur Risk Rally
European shares rose to within striking distance of their highest levels in more than a year on Friday while the dollar was buoyant as investors cheered upbeat Chinese trade data and hopes of...
MTN Group Expect 2016 Loss Due To $1bn Nigeria Fine
South Africa-based MTN Group expects to report a full-year loss due to a $1 billion regulatory fine in Nigeria and underperformance there and at home, it said on Wednesday, sending its shares to a...
Oil Prices Fall On Bloated U.S. Fuel Inventories, Stalling China Demand
Oil prices slid on Wednesday to extend falls from the previous session, as a big increase in U. S. crude inventories and a slump in Chinese demand implied that global oil markets remain oversupplied...
Disney CEO Iger Says He Is Open To Extending His Term
Chief Executive Bob Iger said on Tuesday he is open to extending his term as the head of Walt Disney Co (DIS. N), offering investors a sign of potential stability at the media company as it reported...
European Financial Market Unnerved By French Politics
The increasingly unpredictable French presidential election race unnerved European financial markets on Tuesday, tipping the euro towards its biggest fall this year and driving investors away from...
I’m Sorry For NDC and Their Haruna Iddrisu
By Kwame Okoampa-Ahoofe, Jr., Ph. D. English Department, SUNY-Nassau Garden City, New York E-mail: okoampaahoofe@optimum.net It is becoming increasingly evident that unless the main opposition...
Wall Street Opens Lower As Political Uncertainty Weighs
U. S. stocks opened lower on Monday as investors sought fresh catalysts after a strong jobs report last week, while uncertainty over President Donald Trump's policies continued to weigh. Investors...
‘This Guy Is A Fraud’
Vermont Sen. Bernie Sanders accused President Donald Trump of falling short of commitments to middle-class voters, pointing to his Cabinet and senior advisers' ties to Wall Street. "This guy is a...
Toyota, Suzuki Poised To Unveil Partnership On Monday
Japan's Toyota Motor Corp (7203. T) and Suzuki Motor Corp (7269.T) appeared poised to unveil a wide-ranging partnership on Monday that could include the development of new technologies and...
Trump Ignites Political Fight Over U.S. Banking Law Reforms
U. S. President Donald Trump on Friday ordered reviews of major banking rules that were put in place after the 2008 financial crisis, drawing fire from Democrats who said his order lacked substance...
Dow Rallies Past 20,000 Again On Strong Jobs Report
the Dow jumped 175 points to 20,060, with Goldman Sachs contributing the most gains. The S&P 500 rose 0.7 percent, with financials rising 1 percent. The Nasdaq advanced 0.4 percent. The U. S. economy...
Trump To Cut Financial Rules
U. S. President Donald Trump will today direct the Labor Department to delay implementation and review a rule designed to prevent conflicts of interest when advisers give retirement advice, a senior...
We’ll Transform Economy
Ghana's new Finance Minister, Mr Ken Ofori-Atta assumed office last Monday with a pledge to grow Ghana’s economy for the prosperity and well-being of the citizenry. Mr Ofori-Atta, who brings to the...
Australian PM Reveals He Gave A$1.75m To Own Campaign
Australia's prime minister has revealed he donated A$1.75m (£1m; $1.3m) towards his re-election campaign in 2016. Malcolm Turnbull, a former investment banker, made his contribution in the final...