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Wells Fargo posts higher profit on cost controls, rise in loans

11 mins ago DieselGasoil Comments Off on Wells Fargo posts higher profit on cost controls, rise in loans
(Reuters) – Wells Fargo & Co (WFC.N) reported higher quarterly profit on Tuesday despite flat revenue as the bank benefited from aggressive cost-cutting. FILE PHOTO: A Wells Fargo ATM machine is shown in Los Angeles, California, U.S. October 19, 2018. REUTERS/Mike Blake/File Photo Revenue declined at Wells’ community bank and wholesale bank as net interest Read More

Wells Fargo profit beats estimates on cost controls, rise in loans

1 hour ago DieselGasoil Comments Off on Wells Fargo profit beats estimates on cost controls, rise in loans
FILE PHOTO: A Wells Fargo ATM machine is shown in Los Angeles, California, U.S. October 19, 2018. REUTERS/Mike Blake/File Photo (Reuters) – Wells Fargo & Co (WFC.N) beat analysts’ estimates for quarterly profit on Tuesday, as the fourth-largest U.S. bank benefited from an uptick in lending and aggressive cost cutting. The San Francisco-based lender has Read More

JPMorgan profit beats estimates on strength in consumer banking

2 hours ago DieselGasoil Comments Off on JPMorgan profit beats estimates on strength in consumer banking
(Reuters) – JPMorgan Chase & Co (JPM.N) reported a better-than-expected quarterly profit on Tuesday as higher interest income and a modest increase in loans more than made up for lower activity at the bank’s trading desks. A sign of JP Morgan Chase Bank is seen in front of their headquarters tower in Manhattan, New York, Read More

Domino’s Pizza U.S. same-store sales miss estimates, shares fall 6%

2 hours ago DieselGasoil Comments Off on Domino’s Pizza U.S. same-store sales miss estimates, shares fall 6%
A Domino’s Pizza restaurant is seen in Los Angeles, California, U.S. July 18, 2018. REUTERS/Lucy Nicholson (Reuters) – Domino’s Pizza Inc (DPZ.N) on Tuesday reported second-quarter same-store sales at its U.S. outlets that grew slower than expected as it faced fierce competition from rival pizza chains and third-party delivery companies, sending its shares down about Read More

Four dead and more than 30 feared trapped in Mumbai building collapse

3 hours ago DieselGasoil Comments Off on Four dead and more than 30 feared trapped in Mumbai building collapse
At least four people have been killed and more than 30 are feared trapped in the rubble of a four-storey residential building which has collapsed in Mumbai. A search is under way to try to save those caught up in the incident which happened in the crowded Dongri neighbourhood at around 11.40am. The rescue operation Read More

Husqvarna cools on 2019 margin after chill dents lawn mower demand

4 hours ago DieselGasoil Comments Off on Husqvarna cools on 2019 margin after chill dents lawn mower demand
STOCKHOLM (Reuters) – Husqvarna (HUSQb.ST), the world’s biggest maker of garden power tools such as robotic lawn mowers, blamed cold weather for a fall in second-quarter sales and said the dip in demand meant it would probably not achieve its margin target this year. FILE PHOTO: A sign alerts visitors about a presence of Husqvarna Read More

Ryanair halves 2020 growth plans on Boeing MAX delays

4 hours ago DieselGasoil Comments Off on Ryanair halves 2020 growth plans on Boeing MAX delays
(Reuters) – Ryanair (RYA.I) has slashed its growth plans for next summer, blaming delays in deliveries of Boeing’s (BA.N) grounded 737 MAX jet, lifting the shares of rival airlines which had feared a surge in new planes would hit ticket prices. FILE PHOTO: Ryanair logo is pictured on the the jacket of a cabin crew Read More

U.S. property trust Vornado challenges Arcadia’s restructuring plan

5 hours ago DieselGasoil Comments Off on U.S. property trust Vornado challenges Arcadia’s restructuring plan
FILE PHOTO: CEO of Arcadia Group Ian Grabiner arrives at County Hall in central London, Britain June 5, 2019. REUTERS/Henry Nicholls/File Photo (Reuters) – Philip Green’s fashion empire Arcadia Group on Tuesday said it received applications from legal entities of U.S.-based property group Vornado (VNO.N) challenging two of its seven planned Company Voluntary Agreements (CVAs). Read More

Ryanair cuts 2020 passenger forecast, fearing Boeing MAX delays

6 hours ago DieselGasoil Comments Off on Ryanair cuts 2020 passenger forecast, fearing Boeing MAX delays
(Reuters) – Europe’s largest budget airline Ryanair (RYA.I) has cut its forecast for passenger numbers next summer, blaming possible further delays in deliveries of Boeing (BA.N) 737 MAX planes. FILE PHOTO: Ryanair logo is pictured on the the jacket of a cabin crew member ahead of a news conference by Ryanair union representatives in Brussels, Read More

How Assange & RT meddled in 2016, according to CNN’s ‘possibilities’, innuendo & lies

11 hours ago DieselGasoil Comments Off on How Assange & RT meddled in 2016, according to CNN’s ‘possibilities’, innuendo & lies
CNN has released a new ‘exclusive’ report, accusing Julian Assange of conspiring with ‘the Russians’ (including RT) to meddle in the 2016 US election – again. Citing a report compiled by a private Spanish security company – but not providing any of it – the network basically re-hashed the entirety of the Russiagate conspiracy on Read More