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Day: March 14, 2019

Stocks making the biggest moves after hours: Ulta Beauty, Broadcom, Facebook and more

Check out the companies making headlines after the bell: Shares of Ulta Beauty jumped more than 4 percent in extended trading Thursday following the release of the beauty company’s better-than-expected fourth-quarter earnings. Ulta reported earnings per share of $3.61 on revenues of $2.12 billion. Wall Street estimated earnings per share of $3.56 on revenues of …

Stocks making the biggest moves after hours: Ulta Beauty, Broadcom, Facebook and moreRead More

Rep. Maxine Waters calls Wells Fargo CEO’s $2 million bonus outrageous, calls for his removal

Rep. Maxine Waters, the California Democrat who runs the powerful House Financial Services committee, called for the removal of Wells Fargo CEO Tim Sloan after news that he received a $2 million bonus as part of his 2018 pay package. The San Francisco-based bank disclosed Sloan’s compensation late Wednesday, revealing that the executive got a …

Rep. Maxine Waters calls Wells Fargo CEO’s $2 million bonus outrageous, calls for his removalRead More

Australia: CBA switchback shows weakness of Royal Commission

Euromoney said earlier in March that the Royal Commission into banking behaviour in Australia was all shouting, little substance. And here’s the thing about banks: they can tell the difference and exploit it accordingly. On Thursday, CBA provided a “wealth management and mortgage broking businesses update”. The update was that the planned demerger and sale …

Australia: CBA switchback shows weakness of Royal CommissionRead More

GBPAUD Hits 1.88 after 2 ½-Years; Gains Could be Limited in Short Term

GBPAUD entered the 1.88 zone twice this week after more than 2 ½-years but the market was unable to retain gains above this mark, with the price returning to the 1.87 handle instead. The MACD has rebounded to meet its red signal line but as long as the indicator holds below that line, the pair …

GBPAUD Hits 1.88 after 2 ½-Years; Gains Could be Limited in Short TermRead More