Profits roared back at the investment bank Morgan Stanley in the fourth quarter, reversing a loss in the same period a year ago, when its results were weighed down by a costly legal settlement.
Wells Fargo reported higher earnings, higher revenue, and a record number of mortgage applications on Friday.
Emerging markets are playing a bigger role in Procter & Gamble Co.’s growth in another sign that US companies are courting new customers overseas as American shoppers get tapped out.
NEW YORK — Shares of Dunkin’ Brands Group Inc. soared nearly 47 percent on Wednesday, their first day of trading, feeding the demand of investors looking to trade in coffee and doughnuts. Dunkin’ Brands shares began trading on the Nasdaq under the symbol DNKN, opening Wednesday morning at almost $25. Shares closed at $27.85, up [...]
NEW YORK— Goldman Sachs Group Inc. was subpoenaed by the Manhattan District Attorney’s office over the investment bank’s activities leading up to the financial crisis, a person familiar with the matter told The Associated Press. Shares of Goldman fell nearly 2 percent to $133.88 a share after Bloomberg News reported earlier Thursday that the bank [...]
