Companies on the DiversityInc Top 50 list aren't just good at public relations; they beat the Dow on a 1-, 3- and 5-year basis.» Read More
WASHINGTON, April 24- The U.S. Food and Drug Administration proposed rules on Thursday that would ban the sale of e-cigarettes to anyone under 18, but would not restrict flavored products, online sales or advertising, which public health advocates say attract children.
Bank of America Corp. rose$. 08 or. 5 percent, to $16.37. Citigroup Inc. rose$. 38 or. 8 percent, to $48.40. Goldman Sachs fell$. 01 or percent, to $160.45.
April 23- Discount brokerage E* Trade Financial Corp's quarterly profit more than doubled, helped by a drop in provision for loan losses and a surge in trading activity. The company's net income rose to $97 million, or 33 cents per share, in the first quarter ended March 31, from $35 million, or 12 cents per share, a year earlier.
Bank of America Corp. rose$. 05 or. 3 percent, to $16.34. Citigroup Inc. rose$. 26 or. 5 percent, to $48.28. US Bank rose$. 26 or. 6 percent, to $40.90.
Bank of America Corp. rose$. 01 or. 1 percent, to $16.31. Citigroup Inc. rose$. 02 or percent, to $48.04. Goldman Sachs fell$. 69 or. 4 percent, to $159.77.
Bank of America Corp. fell$. 06 or. 4 percent, to $16.09. Citigroup Inc. fell$. 38 or. 8 percent, to $47.84. Goldman Sachs rose$. 36 or. 2 percent, to $157.80.
Bank of America Corp. fell$. 06 or. 3 percent, to $16.10. Citigroup Inc. fell$. 28 or. 6 percent, to $47.94. Goldman Sachs rose$. 61 or. 4 percent, to $158.05.
Bank of America Corp. fell$. 00 or percent, to $16.15. Citigroup Inc. fell$. 19 or. 4 percent, to $48.03. Goldman Sachs rose$. 47 or. 3 percent, to $157.91.
NEW YORK, April 17- Morgan Stanley's big bet on wealth management is looking strong as fees, commissions and interest collected by its more than 16,000 brokers fueled a 13 percent rise in the business's first-quarter net income from a year earlier to $423 million, the company said Thursday.
The market appeared set Thursday morning for its fourth-consecutive positive open this week, but immediately turned negative as investors sold shares in Google and IBM. Earnings from toy maker Mattel and insurer UnitedHealth also dragged down the market. While big drops in IBM and UnitedHealth helped keep the Dow Jones industrial average in the red.
Goldman Sachs reported quarterly earnings and revenue that topped analysts' expectations on Thursday.
Citigroup will not webcast its annual meeting next week in St. Louis, in a move one analyst called "ridiculous."
NEW YORK, April 16- Citigroup Inc, which aspires "to become the world's digital bank", will not webcast its annual meeting next week in St. Louis. Of the top six U.S. banks, only Citigroup and Wells Fargo& Co do not allow investors to listen to live audio from their annual meetings.
Some Wall Street pros just refuse to hear what American companies are telling them.
Bank of America Corp. fell$. 26 or 1.6 percent, to $16.13. Citigroup Inc. fell$. 13 or. 3 percent, to $48.18. Goldman Sachs rose $2.30 or 1.5 percent, to $157.22.
NEW YORK, April 16- Bank of America's wealth management businesses slowed in the first quarter, with profit at its Merrill Lynch brokerage and U.S. Trust private banking units slipping 6.5 percent to $729 million from $777 million in the last quarter of 2013..
April 16- Abbott Laboratories Inc reported better-than-expected quarterly earnings on Wednesday, but combined sales of its nutritional products, medical devices and generic medicines were slightly below Wall Street expectations.
Bank of America Corp. fell$. 40 or 2.4 percent, to $16.00. Citigroup Inc. fell$. 57 or 1.2 percent, to $47.74. Goldman Sachs rose $1.33 or. 9 percent, to $156.25.
April 16- Bank of America Corp reported an unexpected first-quarter loss on Wednesday after it took a $6 billion charge to cover litigation expenses, a figure that far exceeded the legal settlements the No. 2 U.S. bank has announced recently.
April 16- Yahoo Inc's shares rose as much as 9 percent in heavy trading on Wednesday, a day after Chinese internet company Alibaba Group Holding Ltd, in which it holds a 24 percent stake, reported a surge in quarterly revenue. At least nine brokerages raised their price targets on Yahoo's shares ahead of Alibaba's IPO filing, expected next week.