GO
Loading...

Enter multiple symbols separated by commas

Deutsche Bank AG

More

  • Shrinking liquidity exposes markets to crunch Friday, 1 May 2015 | 5:13 AM ET

    LONDON, May 1- The calm on global financial markets masks a growing threat to their smooth functioning should shrinking liquidity morph into an outright crunch in response to a U.S. interest rate rise or some other shock. Some analysts blamed the sell-off on a lack of liquidity, with Commerzbank going so far as to call it a "flash crash". Analysis from GreySpark...

  • LOS ANGELES, April 30- Tesla Motors Inc on Thursday unveiled Tesla Energy- storage systems or batteries for homes, companies and utilities that will expand its business beyond electric vehicles and tap into a fast-growing area of the energy industry. Tesla's lead installation partner for the home battery will be SolarCity Corp, the solar installer backed by...

  • LOS ANGELES, April 30- Tesla Motors Inc unveiled Tesla Energy- a suite of batteries for homes, businesses and utilities- a highly-anticipated plan to expand its business beyond electric vehicles. The goal is complete transformation of the energy infrastructure of the world, "Chief Executive Elon Musk told media at Tesla's design studio at Hawthorne, California...

  • LOS ANGELES, April 30- Gilead Sciences Inc said on Thursday its quarterly net profit nearly doubled, driven by sales of its novel hepatitis C drugs, as it topped Wall Street estimates. Excluding one-time items, Gilead earned $2.94 per share in the first quarter, outpacing the average Wall Street estimate of $2.32, according to Thomson Reuters I/B/E/S.

  • Tesla hunts for new revenue in home storage batteries Thursday, 30 Apr 2015 | 2:48 PM ET

    LOS ANGELES, April 30- Tesla Motors Inc shares slipped Thursday after a month-long surge ahead of Chief Executive Elon Musk's expected announcement that the money-losing electric luxury car maker will seek new revenues from batteries for storing electricity at homes and businesses. Musk and other Tesla officials have dropped a series of broad hints over...

  • U.S. firms lead EU lobbying league Thursday, 30 Apr 2015 | 1:58 PM ET

    *Tech rivals Microsoft, Google among big lobbiers. BRUSSELS, April 30- U.S. companies, including tech rivals Microsoft and Google, were among leading spenders on corporate lobbying in Brussels last year, a Reuters review of new data showed. Oil majors Exxon Mobil of the United States and Anglo-Dutch Shell shared the top spot with Microsoft, with reported spending...

  • *Bank to probe own management in wake of U.S. fine over Iran. FRANKFURT, April 30- Commerzbank suffered an embarrassing defeat at the hands of its biggest shareholder, the German government, in a vote over a bonus scheme that would have offered top performers up to triple their basic pay. In 2014, Britain's RBS, 80 percent state-owned, withdrew a request to pay a bonus...

  • COPENHAGEN, April 30- Novo Nordisk's chief operating officer, a 26- year company veteran who had been expected to become CEO, quit unexpectedly after the board said the current chief should stay until 2019.. Chief Executive Lars Rebien Sorensen had been expected to step down from the world's largest insulin maker well before the end of his contract in 2019. When...

  • April 30- U.S. biotechnology company Celgene Corp posted a lower-than-expected quarterly revenue, hit by a stronger dollar, but said the dollar would not hurt full-year sales and profit more that it had already forecast. Celgene in late January had forecast 2015 adjusted profit of $4.60- $4.75 per share, on net product sales of $9.0- $9.5 billion, including a near...

  • ANALYSIS-Absence of contagion changes whole Greek game Wednesday, 29 Apr 2015 | 3:00 PM ET

    LONDON, April 29- If fear of Europe- wide financial wildfire was Athens' trump card in its standoff with euro zone creditors- then the card has now turned up a dud. A reprise of 2010/ 2011 would have seen any threat of Greek default or euro exit infecting markets everywhere and sending government borrowing costs across Italy, Spain, Ireland and Portugal soaring,...

  • Q1 GDP falls, undermines dollar. NEW YORK, April 29- The dollar dropped to a nine-week low on Wednesday after data showed the U.S. economy grew much more slowly than expected in the first quarter, reinforcing expectations for a gradual pace of interest rate rises by the Federal Reserve. "The breakdown is not as weak as the final sales number and inventory build data...

  • For UK's utilities, more pain could follow election Wednesday, 29 Apr 2015 | 10:57 AM ET

    *Centrica, SSE shares seen falling if Labour in government. Fears the' Big Six' energy firms will face greater scrutiny and regulation as politicians try to show they are on the side of consumers and not big business have already led some investors to shun stocks like Centrica and SSE. London- listed Centrica and SSE saw 2.7 billion pounds wiped off their combined...

  • April 28- Germany's largest bank, Deutsche Bank AG, will name Ed Reardon from JPMorgan Chase& Co to head its U.S. commercial-mortgage bond research, a Bloomberg report said. The report, citing a person familiar with the move, said Reardon will be a managing director based in New York and would report to Anthony Klarman at Deutsche Bank. Both Deutsche Bank and JPMorgan...

  • MUNICH, April 28- Deutsche Bank's co-chief executive Juergen Fitschen went on trial on Tuesday, accused of giving misleading evidence in connection with the collapse in 2002 of the Kirch media empire in a case that could prove a major distraction at a time when the bank is undergoing a strategic overhaul. Prosecutor Christiane Serini said Fitschen and his four...

  • BERLIN— Deutsche Bank co-CEO Juergen Fitschen went on trial Tuesday along with two of his predecessors, charged with attempted fraud for allegedly colluding to deceive judges in a long-running legal battle with a now-deceased media mogul. The trial that opened in the Munich state court caps a saga that has dogged Germany's biggest bank for more than a decade.

  • Deutsche co-CEO Fitschen on trial over Kirch case Tuesday, 28 Apr 2015 | 3:50 AM ET

    MUNICH, April 28- Deutsche Bank co-chief executive Juergen Fitschen went on trial on Tuesday accused of giving misleading evidence in connection with the collapse of the Kirch media empire in a case that could prove a major distraction for a bank pursuing a strategic revamp. The trial opens the day after Fitschen and co-chief executive Anshu Jain unveiled one...

  • FRANKFURT, April 27- A radical plan for Deutsche Bank to become a pure investment bank and corporate lender was dropped after stress tests demanded by the European Central Bank concluded the model would not withstand a severe financial crisis, sources said. Deutsche Bank, Germany's biggest lender, has spent much of this year looking at ways of reconfiguring its...

  • DuPont and Mylan are big market movers Monday, 27 Apr 2015 | 4:48 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:. DuPont Co., up $3.29 to $74.81. Deutsche Bank AG, down $1.65 to $32.61.

  • Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed lower as investors weighed earnings and looked ahead to the beginning of the two-day Federal Reserve meeting on Tuesday.

  • Akorn shares fall on financial restatement plans Monday, 27 Apr 2015 | 2:09 PM ET

    NEW YORK— Shares of Akorn Inc. fell Monday as the drug developer revealed that it had to restate some financial figures because it overstated certain amounts. Akorn said it does not expect to meet the filing deadline for its first-quarter results because of the pending restatements. Meanwhile, William Blair and Deutsche Bank analysts reaffirmed positive...