Investing News

Larry Fink, chief executive officer of BlackRock Inc., speaks during a Bloomberg Television interview in New York, U.S., on Wednesday, April 19, 2017. Bloomberg | Bloomberg | Getty Images Companies are moving their supply chains out of China instead of waiting for a trade resolution between Washington and Beijing, BlackRock Chairman and CEO Larry Fink
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(Reuters) – A strong oil sector and firming expectations of more monetary easing from the world’s big central banks drove European shares half a percent higher on Friday, ending a volatile week marked by a series of luke-warm corporate earnings. Budweiser owner Anheuser-Busch InBev (BR:) topped Europe’s main index, up 4.6% after the debt-heavy brewer
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© Reuters. Investing.com – Intuitive Surgical (NASDAQ:) reported second quarter that beat analysts’ expectations on Thursday and revenue that topped forecasts. The firm reported earnings per share of $3.25 on revenue of $1.09B. Analysts polled by Investing.com anticipated EPS of $2.87 on revenue of $1.03B. That compared to EPS of $2.76 on revenue of $909.3M
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Signage is displayed outside Morgan Stanley & Co. headquarters in the Times Square neighborhood of New York. Michael Nagle | Bloomberg | Getty Images Morgan Stanley‘s rich clients may have gotten surprised by their tax bills this year. The bank’s wealth management business was hit by an unexpectedly high outflow of deposits in the second
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James Gorman, chief executive of Morgan Stanley. Qilai Shen | Bloomberg | Getty Images Morgan Stanley is set to report second-quarter earnings before the opening bell on Thursday. Here’s what Wall Street expects: Earnings: $1.14 a share, 12% lower than a year earlier, according to Refinitiv Revenue: $9.99 billion, 5.8% lower than a year earlier
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Reed Hastings, chief executive officer of Netflix Inc. Akio Kon | Bloomberg | Getty Images Netflix shares are cratering after it posted a rare loss in Domestic subsribers and a much smaller than expected gain in international users when the streaming company reported second-quarter earnings. Or, as Bernstein analyst Todd Juenger put it, “the Q2 curse strikes
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