Bank of America increases dividend by 9% after Fed stress test
NEW YORK (Reuters) – Bank of America (BofA) said on Wednesday it planned to increase...
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Investors rethink recession plays, boosting U.S. stock market laggards
By David Randall NEW YORK (Reuters) -A U.S. stocks rally is showing signs of expanding...
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Bridgewater dumps bank stocks amid turmoil in first quarter -filings
(Corrects May 15 story to “million” (not “billion”) in paragraph 8) By Carolina Mandl SAO...
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How TikTok sensation Squishmallows found Warren Buffett
By Jonathan Stempel (Reuters) – Squishmallows joined Warren Buffett’s business empire two years after Lady...
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Soros Fund Management cut Tesla stake, added Netflix in 1st quarter
By David Randall NEW YORK (Reuters) – Soros Fund Management, the family office of billionaire...
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Factbox-Short sellers rake in $1.2 billion in profits as US regional bank stocks suffer
(Reuters) – Short sellers have pocketed $1.2 billion in paper profits betting against U.S. regional...
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Morgan Stanley in talks to resolve probes into block trading practices – filing
(Reuters) – Morgan Stanley is looking to resolve more than a year long investigation by...
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Consumer stocks’ earnings may offer clues on U.S. economy’s resilience
(This April 14 story has been corrected to delete the word ‘growth’ from the last...
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Wall Street bank earnings under pressure after crisis
By Saeed Azhar and Mehnaz Yasmin NEW YORK (Reuters) – Most Wall Street banks are...
Commodities
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SVB’s lightning collapse stuns banking industry
By Pete Schroeder and Nupur Anand WASHINGTON/NEW YORK (Reuters) – The rapid unraveling of SVB...