• Netflix, Goldman Sachs, Intel, Bank of America, and Other Stocks to Watch This Week

    Netflix, Goldman Sachs, Intel, Bank of America, and Other Stocks to Watch This Week0

    Text size U.S. stock and bond markets will be closed for Martin Luther King Jr. Day on Monday. Earning season ramps up when investors return on Tuesday, starting with Bank of America, Goldman Sachs Group, Halliburton, and Netflix. On Wednesday, Morgan Stanley, Procter & Gamble, United Airlines Holdings, and UnitedHealth Group all report. Intel, IBM,

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  • Capital Group Boosts Stake in Deutsche Bank

    Capital Group Boosts Stake in Deutsche Bank0

    U.S. investor Capital Group Cos. has raised its stake in Deutsche Bank AG , sounding a rare note of confidence in prospects for the troubled European banking sector. The asset manager, which has over $1.7 trillion under management, held a 3.61% stake in Deutsche Bank AG through one of its funds as of Oct. 6,

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  • Chip stocks buck broader market drop on report of TSMC’s capex boost

    Chip stocks buck broader market drop on report of TSMC’s capex boost0

    Chip stocks resisted Monday’s rout in the broader market following a report that a major chip manufacturer will be boosting its capital spending in 2021 to address a new generation of products. Taiwan Semiconductor Manufacturing Co. TSM, +2.44% is reportedly going to announce a 2021 capital expenditure plan of $22 billion, about 10% higher than

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  • Trump’s longtime personal bankers resign from Deutsche Bank

    Trump’s longtime personal bankers resign from Deutsche Bank0

    Two Deutsche Bank employees responsible for lending to President Donald Trump and his son-in-law, Jared Kushner, have resigned. “Rosemary Vrablic and Dominic Scalzi have tendered their resignations to Deutsche Bank effective as of year-end, which was accepted by the bank,” Deutsche Bank AG DB, +2.92% said in a statement Tuesday. The New York Times first

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  • Why M&A is set to continue its hot streak in 2021

    Why M&A is set to continue its hot streak in 20210

    A surge in big-ticket mergers and acquisitions and a boom in initial public offerings saw the world’s largest investment banks pull in $87.5 billion in 2020, as the COVID-19 crisis pushed revenues to a 13-year high.  That looks set to continue, as top deal makers expect a shift from the fundraising that defined the early

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