Bank of America, Raymond James to pay $12 million restitution for fund overcharges
A U.S. regulator said units of Bank of America Corp and Raymond James Financial Inc will pay roughly 12 million in restitution to customers who incurred...
Market wire
Latest news on private equity markets
Headlines on the small cap U.S. and Canadian companies we follow, pulled from the wires as they publish. Every story opens at its original source.
Uber shares fall to record low as stock lock-up expires
Uber Technologies Inc fell as much as 9% to a record low on Wednesday after shares held by early investors became available for sale following a...
S&P 500, Dow open higher after robust earnings run
The S&P 500 and Dow Jones indexes opened near record highs on Wednesday, as a largely upbeat corporate earnings season and optimism around a U.S.-China trade...
Lack of open banking framework forcing Canadian consumers to choose between convenience and security, TD exec says
Financial Post Geoff Zochodne Nov 5, 2019 Open banking is already happening in the market and regulators need to catch up A lack of action on...
Apple publishes new technical details on privacy features
Apple Inc on Wednesday published four new papers outlining technical details of how some of the privacy features in its most recent operating systems work.
Lowe's gets upgrade from Credit Suisse: Low mortgage rates should boost store foot traffic
Credit Suisse upgrades Lowe's to outperform from neutral and hikes its 12-month price target to $129 per share from $114 per share.
Oil prices fall on U.S. crude build, euro zone data
Oil prices fell on Wednesday, pulled down by a larger-than-expected build in U.S. crude stocks and weak euro zone economic figures, after gaining for three sessions...
Pharmacy benefits, Aetna power CVS third-quarter profit beat
CVS Health Corp reported better-than-expected third-quarter profit and revenue on Wednesday, boosted by its Aetna health insurance and pharmacy benefits businesses, and it raised its 2019...
Wall Street rally loses steam after record run
U.S. stocks retreated from record highs on Wednesday, halting a rally that has been fueled by signs of progress in trade talks between Washington and Beijing...
Europe's banks must brace for coming digital storm: ECB's Schnabel
Low profitability at European banks just when they need to invest to stay competitive in the digital era risks triggering a vicious circle of underinvestment and...
Explainer: ArcelorMittal's Italian venture runs into legal and financial woes
ArcelorMittal said this week it was withdrawing from a deal to buy Italy's struggling steel firm Ilva after the government scrapped previous guarantees of legal immunity...
LSE investors to vote on Refinitiv deal on November 26
London Stock Exchange Group Plc said on Wednesday its shareholders would vote on Nov. 26 on whether to approve its $27 billion deal to buy data...
Walmart de Mexico says October same-store sales up 2.3% year-on-year
Walmart de Mexico, Mexico's biggest retailer, said on Wednesday that sales at stores open for more than a year in Mexico rose 2.3% in October compared...
IBM, Bank of America team up to launch financial services-specific cloud
International Business Machines Corp said on Wednesday that it has built financial services-specific cloud technology in collaboration with Bank of America Corp , which will be...
High-margin luxury fragrances power Coty's profit beat; shares rise
Coty Inc reported quarterly profit above Wall Street expectations on Wednesday, helped by increased demand for its high-margin Hugo Boss, Burberry and Gucci fragrances, sending its...