Wall Street Retreats From Five-Year High as Focus Shifts to Earnings
Stocks fell on Monday as investors cashed in recent gains that lifted the S&P 500 to a five-year high and awaited the start of the fourth-quarter earnings season.The post Wall Street Retreats From...
View ArticleMorgan Stanley’s earnings illusion
The investment bank posted the fastest-growing trading revenue of its peers. A look at historical earnings, however, shows that the real story may be simply that the overall big bank trading business...
View ArticleCredit Suisse Earnings: The Five Big Takeaways
The European bank earnings season has opened for the third quarter, withCredit Suisse setting a tone that echoes Wall Street: Fixed income trading gave revenues a serious boost thanks to volatility at...
View ArticleClik here to view.
Dalio Earned Clients $13.8 Billion to Lead Hedge Funds as Paulson Slumped
Ray Dalio’s Pure Alpha hedge fund made $13.8 billion for its investors last year, while John Paulson lost clients almost $10 billion after an unsuccessful wager that the U.S. economy would recover,...
View ArticleClik here to view.
SEC Charges China Firm With Falsifying Earnings
The U.S. Securities and Exchange Commission charged China Sky One Medical Inc. with falsely inflating its earnings, a rare action by the regulator almost two years after doubts about the accuracy of...
View Article
