Real estate stocks have room to gain, residential in favor
(Reuters) – The once-sleepy U.S. real estate sector could be poised to continue its revival into the second half of 2019 but investors are selective in their bets on property…
Fearing stock market rout, investors seek shelter in dependable dividends
LONDON (Reuters) – Defensive equity strategies focused on high payouts and steady earnings have gained in popularity this year as investors flock to safety, worried the biggest stock market rally…
Deutsche Bank board to meet July 7 to decide on cutting jobs: sources
FILE PHOTO: The Deutsche Bank headquarters are pictured in Frankfurt, Germany, April 25, 2019. REUTERS/Ralph Orlowski/File Photo FRANKFURT (Reuters) – Deutsche Bank’s (DBKGn.DE) supervisory board will meet on July 7…
U.S. banks play cat-and-mouse game with Fed on capital returns
NEW YORK/WASHINGTON (Reuters) – An annual stress test of banks introduced by U.S. regulators after the 2007-09 financial crisis to prevent taxpayer bailouts has become a fight over how quickly…
Shares in big banks climb as Fed approves capital plans
FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., June 17, 2019. REUTERS/Brendan McDermid/File Photo (Reuters) – Shares in the S&P…
When controversies hit, wait-and-see no longer works, U.S. companies find
NEW YORK (Reuters) – When Bank of America Corp (BAC.N) held its annual meeting in April, activists insisted it stop financing private prison companies. A Bank of America logo is…
Velodyne Lidar hires bankers for an IPO: Business Insider
A Velodyne LiDAR sensor is seen mounted on a self-driving vehicle during a self-racing cars event at Thunderhill Raceway in Willows, California, U.S., April 1, 2017. REUTERS/Stephen Lam (Reuters) –…
Citi sees case for Fed to lower rates by 50 bps in July
FILE PHOTO: A woman walks past a Citibank logo displayed outside the Citibank Plaza in Hong Kong July 28, 2014. REUTERS/Bobby Yip NEW YORK (Reuters) – Citi economists said on…
U.S. banks clear first hurdle of Federal Reserve’s annual stress test
WASHINGTON (Reuters) – The 18 largest banks operating in the United States took the first step toward doling out capital on dividends, share buybacks and other investments on Friday, after…
Goldman skeptical of ‘insurance’ U.S. rate cuts from Fed
(Reuters) – Goldman Sachs economists said on Sunday they are skeptical of “insurance” U.S. interest rate decreases from the Federal Reserve to forestall possible slowing in U.S. economic growth due…