Agent Page
Agent Page
Agent Page
Agent Page
My Posts/Listings
Weak markets leave Morgan Stanley struggling to reach return-on-equity target
Trouble in fixed-income markets cut deep into Morgan Stanley’s trading revenue. Morgan Stanley’s return-on-equity, a key measure of how well it uses shareholder capital to earn profits, was 6.2 percent, well below Gorman’s goal of 9 percent to 11 percent by the end of next year. “It must be said that if these markets were to continue as is, our goals would be extremely difficult... [Read more]
Japan’s pitch for FX action meets cool G20, U.S. response
By Leika Kihara WASHINGTON (Reuters) – Japan's efforts to seek informal consent to act against an unwelcome yen rise bore little fruit, with the United States offering a cool response to concerns voiced by Tokyo that the currency's gains are too sharp and may justify intervention. A lack of G20 sympathy for Tokyo's appeal may embolden yen bulls to test the currency's 17-month... [Read more]
Volkswagen increases discounts after emissions scandal: report
Volkswagen AG is offering bigger discounts in its home market to try to lure back customers after the automaker admitted using software to allow diesel vehicles to cheat emissions tests, a German trade magazine reported on Saturday. Germany's Automobilwoche said Volkswagen was trying to boost the used car trade by raising Original post: Volkswagen increases discounts after emissions scandal:... [Read more]
Despite pay revolt, BP shareholders sticking with Dudley
By Karolin Schaps LONDON (Reuters) – The future of Bob Dudley at the head of BP seems untarnished by shareholders' unusual rejection of his pay package as 99.6 percent of them also backed his re-appointment and trust him to lead the company through a… Originally posted here: Despite pay revolt, BP shareholders sticking with Dudley Read More →
GM recalls 1.04 million pickup trucks worldwide to repair seat belts
General Motors Co said Friday it is recalling nearly 1.04 million newer pickup trucks for a seat belt flaw. GM said the recall in the United States includes 895,232 vehicles and a stop-sale of approximately 3,000 new 2014 and 2015 model year pickups still on dealer lots. GM said the recall was prompted by warranty data that showed the flexible steel cable that connects the seat belt to Read the rest... [Read more]
Oil falls as dark clouds appear ahead of producer meeting
By Henning Gloystein SINGAPORE (Reuters) – Oil prices fell on Thursday as OPEC warned of slowing demand and Russia hinted that there might only be a loose agreement with little commitments at the upcoming exporter meeting to rein in ballooning oversupply. Meanwhile, Goldman Sachs said that productivity gains by U.S. shale producers were keeping alive its “deflationary outlook” for... [Read more]
About 40,000 unionized Verizon workers walk off the job
By Malathi Nayak NEW YORK (Reuters) – Nearly 40,000 Verizon workers walked off the job on Wednesday in one of the largest U.S. strikes in recent years after contract talks hit an impasse, and got a boost as U.S. Democratic presidential hopeful Bernie Sanders joined them at a … Original post: About 40,000 unionized Verizon workers walk off the job Read More →
Uber says gave U.S. agencies data on more than 12 million users
Uber Technologies Inc [UBER.UL] on Tuesday released its first ever transparency report detailing the information requested by not only U.S. law enforcement agencies, but also by regulators. The ride-sharing company said that… View post: Uber says gave U.S. agencies data on more than 12 million users Read More →
IMF cuts global growth outlook again, warns of political risks
By David Lawder WASHINGTON (Reuters) – The International Monetary Fund warned on Tuesday of the risk of political isolationism, notably Britain's possible exit from the European Union, and growing economic inequality as it cut its global growth forecast … See original here: IMF cuts global growth outlook again, warns of political risks Read More →
U.S. posts $108 billion budget deficit in March
The U.S. government posted a $108 billion budget deficit in March, more than double the amount from the same period last year, the Treasury Department said on Tuesday. The government had a deficit of $53 billion in Read the rest here: U.S. posts $108 billion budget deficit in March Read More →