All posts tagged "banks"
Stocks Wavering Between Gains and Losses in Early Trading
NEW YORK — Stocks are drifting between gains and losses in early trading Tuesday. Nine of the 11 sectors of the Standard and Poor’s 500 index are lower. Utilities and real estate stocks are down the most....
- Posted October 4, 2016
Q&A: Will Deutsche Bank become the next Lehman?
FRANKFURT, Germany — Germany’s biggest bank is looking shaky and some investors fear it could collapse and endanger the wider financial system. Some even wonder whether it might become the next Lehman Brothers, the U.S. bank whose...
- Posted September 30, 2016
US stocks jump as Apple pulls tech companies up again
NEW YORK – U.S. stocks are climbing Thursday as Apple leads a big gain for technology companies. Energy companies are bouncing back from steep losses as the price of crude oil edges higher. With the Federal Reserve’s...
- Posted September 15, 2016
US stocks take biggest losses in nearly a month
NEW YORK – U.S. stocks took their biggest loss in almost a month on Tuesday as investors worried about the health of the U.S. economy and sold shares in retailers and car companies. Machinery companies also fell...
- Posted August 2, 2016
US Stocks Give Up Recent Gains as Oil Prices Sink
World stocks fell sharply amid concerns over global economy
- Posted June 10, 2016
Big Banks, Waited Years for a Rate Hike, Get Pummeled
Investors grapple with summer rate hike all but pulled off the table and disheartening economic data
- Posted June 3, 2016
Stocks Shake Off an Early Loss and End with Slight Gains
Investors Eye Deal News, US Home Sales Slump
- Posted March 21, 2016
US Stocks Post Solid Gain on Rising Oil Prices
NEW YORK – A late-day surge pushed U.S. stocks sharply higher Thursday, propelled by a recovery in energy companies and bank stocks, which have been hit hard this year. Investors were also encouraged by positive economic data,...
- Posted February 25, 2016
José R. Fernández: Complicated, Challenging Times for Puerto Rico’s Economy
SAN JUAN- Oriental’s Top Exec Insists Local Banks Have Strong Capital to Weather Storm For José Rafael Fernández, president, CEO & vice chairman of OFG Bancorp—the bank holding company of Oriental—the uncertainty over the resolution of Puerto...
- Posted February 21, 2016
Puerto Rico’s Auto Loans Portfolio Fell 2.6% to $6.5B Through Last September
While Puerto Rico’s new-vehicle market fell 7.8% to 81,353 new units sold last year, the island’s auto loans portfolio dipped only 2.6% to $6.5 billion through September, the latest figures available, thanks to the financing of used...
- Posted February 16, 2016