Bove: What Jamie Dimon may be signaling
Jamie Dimon unexpectedly said he might sit out future investor calls. Here’s what Dick Bove thinks the JPM chief meant.
Tag "3"
Trump campaign to reveal wealth details: 'I'm really rich'
As other presidential candidates fight to raise money, Donald Trump is reminding everyone he’s already got a lot of it. The celebrity businessman’s campaign is expected to reveal details Wednesday of his …
A 'hot hand' eludes investors at Wall St.'s blackjack table
Stocks are again stretching toward the upper end of the durable trading range. Can earnings keep them there this time?
Farewell FAO Schwarz: Last day of business at NYC toy store
The FAO Schwarz toy store on New York City’s Fifth Avenue is taking a final bow. The store is closing its doors for good on Wednesday night — though it may reopen elsewhere in midtown Manhattan. Owner …
Egg prices blowing up because of avian flu
Eggs are getting much more expensive — by the dozen and otherwise. The outbreak of avian flu caused the cost of eggs to nearly double last month for producers. Wholesale prices for chicken eggs jumped …
Obama to announce high-speed Internet help for homes
President Barack Obama set a goal of bringing high-speed Internet to most schools by 2017, and now he’s promoting a new program to help close the digital divide even further by bringing that faster Internet …
US factory output flat for 2nd straight month
U.S. factory production was unchanged for a second straight month in June as a sharp drop in auto manufacturing was offset by greater output of furniture and chemicals. The cutback in auto production comes …
BofA profit soars as expenses fall to lowest since 2008
BofA’s legal expenses, which have totaled at least $70 billion since 2008, dropped for the second straight quarter, suggesting the worst of the bank’s legal problems stemming from the financial crisis was behind it. Litigation expenses, which had undermined the cost-cutting initiatives introduced by Chief Executive Brian Moynihan since he assumed the top job in 2010, fell to $175 million from $4 billion a year earlier. “We also benefited from
Canadian home resales fall in June, industry group says
By Andrea Hopkins TORONTO (Reuters) – Sales of existing homes in Canada fell in June from May as a decline in sales in Ottawa and Montreal outweighed increases in the Toronto area, but national prices continued to rise, the Canadian Real Estate Association said on Wednesday. The industry group for Canadian real estate agents said sales activity was down 0.8 percent last month from May, but noted that sales levels
Fortuna Reports Production of 1.7 Million Ounces of Silver and 9,032 Ounces of Gold for the Second Quarter 2015
[Marketwired] – Fortuna Silver Mines Inc. is pleased to announce second quarter production figures from its two operating mines in Latin America, the San Jose Mine in Mexico and the Caylloma Mine in Peru. The company …