Finance

Check out the companies making headlines before the bell: American Express (AXP) – American Express reported quarterly earnings of $2.03 per share, 2 cents a share above estimates. Revenue was slightly above consensus. The financial services giant said revenue growth during 2019 was driven by higher card fee income as well as increased spending by
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Check out the companies making headlines before the bell: Comcast (CMCSA) – The NBCUniversal and CNBC parent reported quarterly earnings of 79 cents per share, 3 cents a share above estimates. Revenue came in above forecasts as well. The company said its cable division saw record quarterly net additions for customer relationships. Comcast also announced
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India’s troubled shadow banking sector is not out of the woods yet, but it may be in a “much better position” than before, said the chairman of the country’s largest public lender. Rajnish Kumar, chairman of the State Bank of India, acknowledged that India’s non-bank financial companies (NBFCs) — often referred to as shadow lenders
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U.S. Treasury Secretary Steven Mnuchin rejected warnings that the U.S.-China trade war could create a “digital Berlin Wall” on Wednesday, speaking at a CNBC panel during the World Economic in Davos, Switzerland. Asked about the risk — first flagged last year by International Monetary Fund Managing Director Kristalina Georgieva, also speaking on the panel —
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David Marcus, CEO of Facebook’s Calibra, testifies to the House Financial Services Committee hearing on “Examining Facebook’s Proposed Cryptocurrency and Its Impact on Consumers, Investors, and the American Financial System” on Capitol Hill in Washington, July 17, 2019. Joshua Roberts | Reuters Telecommunications operator Vodafone has left Facebook‘s Libra Association, the group confirmed on Tuesday.
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Paul Tudor Jones Leanne Miller | CNBC Billionaire investor Paul Tudor Jones said the stock market today is reminiscent of the one in early 1999.  “We are just again in this craziest monetary and fiscal mix in history. It’s so explosive. It defies imagination,” Jones CNBC’s Squawk Box at the World Economic Forum in Davos, Switzerland. “It
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