Day: February 19, 2022
JPMorgan Chase & Co. JPM, +0.47% CFO Jeremy Barnum said Friday the bank remains confident it’ll achieve its target of 17% return on average tangible common shareholders’ equity (ROTCE). “We feel really good about the 17%,” Barnum said in comments at the 23rd Annual Credit Suisse Financial Services Forum. While some M&A deals have been […]
Kraft Heinz Co. KHC, +1.77% announced a partnership with Google GOOG, -1.39% google on Friday that’s intended to further the food company’s digital transformation. Kraft will use machine learning tools to help with new flavors and products, improve shopper engagement using Google Cloud products, and use platforms like Google Ads and YouTube for marketing. Kraft […]
Stocks were mostly higher but little changed overall after the opening bell Friday as investors monitored prospects of a Russian invasion of Ukraine and assessed the speed and scope of Federal Reserve rate hikes. The Dow Jones Industrial Average DJIA, -0.68% fell 40 points, or 0.1%, to 34,272, while the S&P 500 SPX, -0.72% edged […]
During a discussion at Columbia University, the head of the St. Louis FRB, James Bullard, warned that without urgent action to raise interest rates, inflation could worsen further, writes CNBC.“Now we are at greater risk than ever; inflation could get out of hand,” he said, calling for a full percentage point rate hike by July.According […]
Type: Bearish ReversalKey Levels:Resistance: 96.092Pivot: 95.944Support: 95.648Preferred Case:Prices are on bearish momentum and abiding to our descending trendline. We see the potential for a dip from our Pivot at 95.944 in line with 38.2% Fibonacci retracement towards our 1st support at 95.648 in line with 61.8% Fibonacci extension. RSI is showing bearish momentum.Alternative Scenario:Alternatively, prices […]
The numbers: Existing-home sales increased by nearly 7% between December and January, hitting a seasonally-adjusted, annual rate of 6.5 million, the National Association of Realtors said Friday. Compared to a year ago, sales were down more than 2%. Economists polled by MarketWatch expected the pace of home sales to come in at 6.1 million. What […]
ANNOUNCEMENT BY THE FINANCIAL SERVICES AND MARKETS AUTHORITY, PUBLISHED IN APPLICATION OF ARTICLE 78 OF THE LAW OF 21 NOVEMBER 2017 Trading in the financial instruments of Genk Logistics, ISIN BE0003740546, on Euronext Brussels will re-open on 07/06/2019 at 16:30 CET. Source: FSMA
The Financial Services and Markets Authority (FSMA) warns the public against the activities of new ‘companies’ approaching Belgian consumers with offers of lucrative investments. These ‘companies’ do not hold any authorization. They are not authorized to provide investment services in Belgium. Moreover, these companies are most likely new ‘boiler rooms’. Boiler room fraud is a type […]
The Financial Services and Markets Authority (FSMA) warns the public against the activities of Echler Solomon Feng, a company that offers investment services. Echler Solomon Feng is not allowed to provide investment services in or from Belgium. Moreover, according to the information available to the FSMA, it could be a so-called ‘boiler room’ fraud. More information […]
The Financial Services and Markets Authority (FSMA) warns the public against the activities of Sheridan Wells Advisors, a company that offers investment services. Sheridan Wells Advisors is not allowed to provide investment services in or from Belgium. Moreover, according to the information available to the FSMA, it could be a so-called ‘boiler room’ fraud. More information […]