State Street’s Profit Rises 30% on New Business, Market Gains
State Street ended 2021 with $43.68 billion in assets under custody.
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Financial Performance
Stocks Open Higher, While Bond Yields Edge Down
U.S. stocks and government-bond prices clawed back some of Tuesday’s losses, as investors prepare for central banks globally to raise interest rates.
The S&P 500 rose 0.4% in early trading…
SoFi stock soars after company gains approval for bank charter — ‘a major step forward’
Shares of SoFi Technologies Inc. surged in after-hours trading Tuesday after the financial-technology company said that it won regulatory approval to become a bank-holding company. The company announced late…
Intel Apologizes After Asking Suppliers to Avoid China’s Xinjiang Region
U.S. semiconductor giant
Intel Corp.
INTC 1.33%
apologized after setting off a social-media backlash with a letter asking suppliers to avoid sourcing from the Chinese region of…
How to Find the Healthiest Dividend Stocks for Your Portfolio
One of the keys to successful dividend investing is separating the wheat from the chaff—finding stocks with secure payouts that can grow consistently and over the long haul.Some of the highest-yielding shares, though tempting at first…
Wall Street banks post record $10 billion in IPO revenues even as average investors in
The best of times and the worst: It was the tale of two IPO markets this year on Wall Street. Investment banks booked a record tally in revenue from initial public offerings in 2021, despite IPO performance that was the worst in at least…
‘Spider-Man’ yanks AMC stock 19% higher while a poop-emoji tweet has little effect on
The only thing people were doing more on Thursday and Friday than seeing the new “Spider-Man” movie was getting a positive COVID test result, but retail investors stayed focused on the former and will worry about…
U.S. Retail Sales Rose Modestly in November
Retail sales rose modestly at the start of the holiday season, as shoppers faced rising prices and supply shortages, and some snapped up gifts earlier.Sales at U.S. retail stores, online sellers, and restaurants rose by a…
Joules Group Expects 1H Pretax Profit Below Market Expectations
By Michael Susin Joules Group PLC shares were down 25% in early trade Tuesday after the company said it expects pretax profit for the first half of its fiscal 2022 to be below market expectations due to global supply-chain…
U.S. Stocks Open Higher on First Trading Day of 2022
U.S. stocks opened 2022 with tepid gains as investors monitored cases of the Omicron variant of Covid-19 and other factors that could weigh on stocks this year. The S&P 500 gained 0.4% in early Monday trading. The index ended 2021 up…