Gains in Walt Disney, bank shares buoy Wall Street
The S&P 500 crossed the 2,900 mark for the first time since early October on Friday, boosted by a jump in Walt Disney shares and as bank stocks surged after strong results from JPMorgan.
U.S. probes 675,000 Nissan SUVs over unexpected braking
The U.S. auto safety agency is probing reports of potential unintended braking in 675,000 2017-2018 Nissan Motor Co Ltd Rogue vehicles, it said on Friday.
Exclusive: EU draws up list of 20 billion euros of U.S. imports to hit over Boeing – diplomats
The European Commission has drawn up a list of U.S. imports worth around 20 billion euros ($22.6 billion) that it could hit with tariffs over a transatlantic aircraft subsidy dispute, EU diplomats said.
Wells Fargo’s cost cuts fuel profit rise, but deposits fall
Wells Fargo & Co reported a 16.4 percent jump in quarterly profit on Friday, as the lender reaped the benefits of aggressive cost cutting.
Wells Fargo cuts 2019 net interest income forecast, shares tumble
Shares of Wells Fargo & Co reversed course to trade lower on Friday after the lender cut its 2019 net interest income forecast and said it would not provide a timeline on when a Federal Reserve cap on balance sheet growth will be lifted.
Bristol-Myers says shareholders vote to approve Celgene takeover
Bristol-Myers Squibb Co’s shareholders voted to approve the drugmaker’s $74 billion acquisition of biotech Celgene Corp on Friday despite a campaign by activist hedge fund Starboard Value LP to scuttle the deal.
JPMorgan’s solid quarterly profit beats back recession fears
JPMorgan Chase & Co posted a better-than-expected quarterly profit on Friday, easing fears that slowing economic growth could weigh on its results.
Mexico, U.S. to discuss NAFTA replacement, border delays
Mexican government and business leaders meet with their U.S. counterparts for a second straight day on Friday, seeking to hasten ratification of a trade deal, resolve border delays that are hurting exporters, and discuss metals tariffs.
Wall Street boosted by gains in Walt Disney, bank shares
The S&P 500 crossed the 2,900 mark for the first time since early October on Friday, boosted by a jump in Walt Disney shares and as bank stocks surged after strong results from JPMorgan.
Campbell to sell part of fresh food unit for about $500 mln to former executive – WSJ
(This April 11 story has been refilled to add dropped word ‘part of’ in headline)
