Month: January 2020

IBM President and CEO Virginia Rometty delivers a speech to participants during the 4th edition of the Viva Technology show at Parc des Expositions Porte de Versailles in Paris on May 16, 2019. Chesnot | Getty Images IBM will release its fourth-quarter earnings statement after market close on Tuesday. Here’s what the street expects: Earnings:
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Global index and fund provider MSCI said Tuesday that investors need to more readily integrate ESG metrics, or a company’s environmental, social and governance factors, into investing philosophies. “We are sounding the alarm bells that if you are an investment institution and you’re not embracing this and taking it into account, it’s going to be
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Michael Avenatti Lucy Nicholson | Reuters A federal judge ordered prosecutors to explain by Tuesday afternoon why controversial lawyer Michael Avenatti is under tough jail restrictions typically imposed on accused terrorists and drug lords. Avenatti is awaiting trial on an extortion charge in a jail cell that reportedly once housed Joaquin “El Chapo” Guzman. Judge
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Getty Images Halliburton beat analysts’ estimates for quarterly profit on Tuesday, as higher drilling activity in international markets helped the oilfield services provider blunt a hit from slowing North America that led to a charge of $2.2 billion. International markets have been a bright spot for oilfield service providers in recent times, as North American
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Uber CEO Dara Khosrowshahi walks outside of the New York Stock Exchange its highly anticipated initial public offering on May 10, 2019. Spencer Platt | Getty Images Check out the companies making headlines in midday trading. Morgan Stanley — Shares of the nation’s fourth-largest bank sunk 3.5% following a downgrade from Citigroup to neutral from buy.
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Jamie Dimon, Chairman and CEO of JP Morgan Chase.  Adam Jeffery | CNBC J.P. Morgan Chase announced the creation of a new business called the Development Finance Institution to boost private investment in emerging-market development projects. The lender said it can finance more than $100 billion annually from its investment bank and created a formal
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Solar panels pictured at a tropical hotel resort. Marc Romanelli Businesses need to be singing from the same hymn sheet if they want to make meaningful progress in combatting the climate crisis, said the environmental director of one of Asia’s leading hotel groups, Hong Kong and Shanghai Hotels. Janice Lao, director of group corporate responsibility
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