J.P. Morgan Chase CEO Jamie Dimon told CNBC on Wednesday that negative interest rates are one of the only things that concern him in a market that’s otherwise in a “Goldilocks place.” “The only thing I have trepidation about is negative interest rates, QE, and the diversion between stock prices and bond prices and yield
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An Airbus narrow body plane Nicolas Economou | NurPhoto | Getty Images European planemaker Airbus is working with Nasdaq to develop a derivatives-based trading platform that will allow airlines to protect against swings in ticket prices. Just like airline companies use oil futures to hedge against the volatility in fuel costs, they will soon be able
American Express reported fourth-quarter results that beat analyst expectations, sending the stock higher as card fee revenues grew more than expected. The shares rose 2% in premarket trading Friday. Here’s how the payments company’s results compared to what Wall Street analysts expected: Earnings: $2.03 per share vs $2.01 per share forecast by Refinitiv Revenue: $11.365
Goldman Sachs CEO David Solomon told CNBC on Thursday that starting this year, his investment bank wouldn’t help companies go public without at least one “diverse” board member. “Starting on July 1st in the U.S. and Europe, we’re not going to take a company public unless there’s at least one diverse board candidate, with a
Virgin Galactic shares have been on a blistering run and analysts see a variety of factors driving the space tourism company’s stock momentum, from investor excitement about space to speculation about the company’s valuation. “Lately, we are having more conversations on SPCE than any other US stock in our coverage with the possible exception of