But the bank's net interest margin, a key metric of bank profitability, falls short of expectations.Financeread more
If the S&P 500 climbs another 4%, it will have doubled the peak reached in the previous bull market, Michael Santoli notes.Trading Nationread more
The EU opened a formal antitrust investigation into Amazon on Wednesday centered on how the e-commerce giant uses merchants' data.Technologyread more
Turo is a peer-to-peer car-sharing firm that is often referred to as the Airbnb for cars.Technologyread more
Ascending triangle patterns have been appearing across the stock market, and they tend to be precursors to higher prices, says Miller Tabak's Matt Maley.Trading Nationread more
Mortgage interest rates surged last week to their highest level in a month, and consequently homebuyers turned on their heels.Real Estateread more
U.S. officials see the deal as a threat to NATO, for which Turkey provides the second-largest military.World Politicsread more
Google's services have been blocked in China for several years, but the company still has a business there, as the tech giant seeks to sell products to Chinese firms in...Technologyread more
"The charts, as interpreted by Carley Garner, suggest that the upside in the stock market has gotten more limited," Jim Cramer says.Mad Money with Jim Cramerread more
China may have signaled it's going more hard-line on trade, but it could be a good thing, former U.S. negotiator Clete Willems told CNBC.World Economyread more
Support for U.S. President Donald Trump increased slightly among Republicans after he lashed out on Twitter over the weekend in a racially charged attack on four minority...Politicsread more
Swedish banking group SEB reported fourth-quarter operating earnings just below forecasts on Thursday and raised its dividend less than expected.
Nordic banks were some of the earliest to raise capital after the financial crisis and have continued to strengthen their balance sheets while investors have been holding out for buybacks and higher dividends.
SEB, which has a dividend policy to pay out 40 percent or above of its earnings per share, said it would pay out 4.75 crowns a share for 2014, corresponding to a 54 percent payout ratio. That was up from 4.00 crowns per share in 2013 but still below an analyst forecast for 5.00 crowns.
On Wednesday, rival bank Nordea raised its dividends more than expected, sending the banks shares up almost 9 percent on the day. SEB rose 1.8 percent yesterday on the back of Nordea's gain.
Operating profit rose to 6.6 billion Swedish crowns ($791 million), up from 5.0 billion in the year-ago period but lagging a mean forecast for 6.8 billion in a Reuters poll of analysts.
The miss was mainly due to lower result in net financial income, which includes trading and hedges.
Net interest income in the quarter rose to 5.0 billion Swedish crowns from 4.9 billion last year. That was lower than the expected 5.1 billion by analysts.
Net commission income rose to 4.6 billion from 3.9 billion a year ago, which was better than the forecast for 4.1 billion.