Articles

While more customers are doing their banking online, bank branches are still being added and renovated for customers to meet in person with bankers.

Shares of Microsoft Corp. leaned lower in early Monday trading, after D.A. Davidson’s Gil Luria became one of the rare Wall Street analysts who isn’t enthusiastic about the software giant and artificial-intelligence play.

Two top Federal Reserve officials on Monday said that they don’t think the labor market is weakening dangerously — but the risk of further softening called for last week’s half-point cut in the policy rate.

StandardAero, which was founded in 1911, serves commercial-aerospace, military and helicopter, and business-aviation clients with about 7,300 employees working at more than 50 facilities across the globe.

One analyst notes that Intel’s situation doesn’t seem dire enough for the company to settle for a “fire sale.” Plus, Qualcomm could see Intel’s foundry assets as a headache.

Semiconductor and home-builder stocks are forming a bubble.

Investors are overestimating the extent to which the Fed will cut interest and underestimating the possible currency boosting impacts of a Trump victory in the U.S. elections.

UniCredit on Monday said it’s reached an agreement to further increase its stake in Commerzbank as the German government increasingly attempts to ward off an Italian acquisition of its number-two bank.

Oil futures edged higher early Monday, attempting to build on last week’s strong gains, which were scored after the Federal Reserve cut interest rates and investors monitored a rise in Middle East tensions.

“It’s odd that, in life, loss and money can be so tied up — that death can be a financial boon for bereaved people.”

Morgan Stanley’s Mike Wilson has been one of the most cautious voices on Wall Street, but even caution can become too expensive. He says the firm is now neutral on defensives vs. cyclical stocks because of valuation.

“Our agent thinks it would be best if we just put a down payment on the new house and invest the money.”