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Oil cos up as rebound in China's import, tariff exemption lift crude prices
** Shares of U.S. oil companies climb in morning trade as crude prices edge up** Brent crude futures LCOc1 up 0.32% at $64.97/bbl while U.S. West Texas Intermediate crude futures CLc1 rise 0.27% to $61.66/bbl, after U.S. exclusions on some tariffs and Chinese data showing a sharp rebound in crude im...Reuters
Mon, Apr 14
Street View: BNY Mellon looks resilient amid market uncertainty
** BNY BK.N beat analyst expectation for Q1 profit on Friday, benefiting from growth in assets under custody leading to stronger fee-based revenue streams** Median PT of 17 brokerages covering the stock is $93 - LSEG data DATA-DRIVEN DOMINANCE ** Evercore ISI ("in line," PT: $84) see...Reuters
Mon, Apr 14
GLOBAL MARKETS-Stocks rally but dollar muted as electronics get a tariff break
Wall Street shares up as US tariffs delayed on some electronicsConfusion as White House says levies might still comeTech stocks outperform in Europe and Asia, Apple shares jumpDollar, Treasuries vulnerable to loss of confidenceBy Lawrence Delevingne, Alun John BOSTON/LONDON, April 14 (Reuters) - ...Reuters
Mon, Apr 14
Deutsche Bank downgrades GM, warns of long-term tariff hit to Detroit automakers
Investing.com -- Deutsche Bank (ETR:DBKGn) downgraded General Motors (NYSE:GM) to "Hold" from "Buy" and slashed its price target to $43 from $58 given the structural risks tied to newly implementedInvesting.com
Mon, Apr 14
Argentina ADRs advance after country seals $20 billion IMF deal, removes currency controls
** U.S.-listed shares of Argentine firms jump after the South American country sealed a $20 billion, 48-month Extended Fund Facility deal with the International Monetary Fund last week** Argentina's central bank also announced on Friday that it will ease its foreign exchange market controls, all...Reuters
Mon, Apr 14
Baltic index gains on higher capesize, panamax rates
April 14 (Reuters) - The Baltic Exchange's dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, climbed on Monday, driven by higher capesize and panamax prices.* The main index .BADI, which monitors rates for capesize, panamax and supramax shipping vessel...Reuters
Mon, Apr 14
Street View: Morgan Stanley's wealth management unit is its 'crown jewel'
** Morgan Stanley MS.N exceeded Q1 profit estimates, driven by record equity trading and strong wealth management, while its CEO expressed more optimism about dealmaking than his counterparts** Median PT of 23 brokerages covering the stock is $126 - data compiled by LSEGTHE WOLF OF WEALTH MANAGEMENT...Reuters
Mon, Apr 14
Yiren Digital Partners with klikUMKM to Deliver AI-Driven Financial Solutions Across Indonesia
BEIJING, April 14, 2025 /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital"), an AI-powered platform providing a comprehensive suite of financial and lifestyle services in China, today announced the formation of a strategic joint venture (the "JV") with PT. Pinja...PR Newswire
Mon, Apr 14
CANADA STOCKS-TSX opens higher after US excludes key tech imports from China tariffs
April 14 (Reuters) - Canada's main stock index opened higher on Monday, led by information technology stocks, as investors react to the White House's exclusion of smartphones and computers from reciprocal tariffs against China.At 9:31 a.m. ET (1331 GMT), the Toronto Stock Exchange's S&am...Reuters
Mon, Apr 14
Street View: JPMorgan is built for all weathers
** JPMorgan Chase JPM.N topped first-quarter profit estimates on record equities trading and higher fees from debt underwriting and advising on mergers, but was wary about possible global recession this year** Median PT of 24 brokerages is $259, with average rating of "buy" - LSEG data &...Reuters
Mon, Apr 14
Street View: Wells Fargo's profitability not likely to be smooth
** Wells Fargo's WFC.N profit beat expectations in the first quarter as the bank cut costs and set aside less money to cover potential loan losses, but its CEO warned on Friday U.S. tariffs risk slowing economic growth** Average recommendation of 23 brokerages is "buy", median PT is $77 ...
Reuters
Mon, Apr 14
US STOCKS SNAPSHOT-Nasdaq leads Wall Street higher at open after tariff break for electronics
April 14 (Reuters) - Wall Street's main indexes leapt at the open on Monday, with the tech-heavy Nasdaq up over 2%, as investors welcomed the White House's move to exempt smartphones and computers from U.S. tariffs. The Dow Jones Industrial Average .DJI rose 333.4 points, or 0.83%, at the op...Reuters
Mon, Apr 14
M&T Bank Corp reports results for the quarter ended March 31 - Earnings Summary
M&T Bank Corp MTB.N reported quarterly adjusted earnings of $3.32 per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $3.86. The mean expectation of eighteen analysts for the quarter was for earnings of $3.40 per share. Wall Street...Reuters
Mon, Apr 14
Goldman Sachs Group Inc reports results for the quarter ended March 31 - Earnings Summary
Goldman Sachs Group Inc GS.N reported quarterly adjusted earnings of $14.12 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $11.58. The mean expectation of sixteen analysts for the quarter was for earnings of $12.35 per share. Wal...Reuters
Mon, Apr 14
Intel rises on sale of majority stake in Altera to Silver Lake
** Shares of chipmaker Intel INTC.O up 4.1% premarket to $20.56 after announcing Altera stake sale to PE firm Silver Lake** INTC says to sell 51% stake, valuing programmable chip unit at $8.75 bln** Co bought Altera for nearly $17 bln in 2015, and has taken steps since last year to spin it out** In ...Reuters
Mon, Apr 14
Virco Mfg Corp reports results for the quarter ended January 31 - Earnings Summary
Virco Mfg Corp VIRC.OQ reported a quarterly adjusted loss of 35 cents per share for the quarter ended January 31, lower than the same quarter last year, when the company reported EPS of -14 cents. The lone analyst forecast for the quarter was for a loss of 15 cents per share. Revenue fell 12.7% t...Reuters
Mon, Apr 14
Is Dollar General a Safe Stock to Buy Amid the Stock Market Chaos?
Dollar General (NYSE: DG) is a defensive investment because it caters to consumers who buy essential items.Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free »*Stock prices used were the afternoon prices of April 11, 2025. The video was publishe...The Motley Fool
Mon, Apr 14
These Were the 2 Top-Performing Stocks in the Dow Jones Industrial Average in March 2025
March 2025 might seem like ages ago in market years, as the Trump tariffs have rocked the market like few things before it. However, the trends in March are not so different from what's happening now, as consumer sentiment was rapidly weakening and fears of a recession were mounting before the tarif...The Motley Fool
Mon, Apr 14
