Global index and fund provider MSCI said Tuesday that investors need to more readily integrate ESG metrics, or a company’s environmental, social and governance factors, into investing philosophies. “We are sounding the alarm bells that if you are an investment institution and you’re not embracing this and taking it into account, it’s going to be
0 Comments
IBM President and CEO Virginia Rometty delivers a speech to participants during the 4th edition of the Viva Technology show at Parc des Expositions Porte de Versailles in Paris on May 16, 2019. Chesnot | Getty Images IBM will release its fourth-quarter earnings statement after market close on Tuesday. Here’s what the street expects: Earnings:
0 Comments
Jamie Dimon, Chairman and CEO of JP Morgan Chase.  Adam Jeffery | CNBC J.P. Morgan Chase announced the creation of a new business called the Development Finance Institution to boost private investment in emerging-market development projects. The lender said it can finance more than $100 billion annually from its investment bank and created a formal
0 Comments
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
0 Comments
Getty Images Halliburton beat analysts’ estimates for quarterly profit on Tuesday, as higher drilling activity in international markets helped the oilfield services provider blunt a hit from slowing North America that led to a charge of $2.2 billion. International markets have been a bright spot for oilfield service providers in recent times, as North American
0 Comments
FAANG stocks displayed at the Nasdaq. Adam Jeffery | CNBC Morgan Stanley and Nomura analysts on Friday raised their price targets for Apple stock as the tech giant’s shares continue to surge. However, the latter cautioned that inflated iPhone 12 expectations “may make the music stop” and questioned market enthusiasm about a “5G supercycle.” In
0 Comments
Nestle Health Lab Imagine receiving customized nutrition advice based on your personal biologic or genetic profile. That’s the “future of food,” according to a UBS analyst, who sees diet personalization as the next plant-based meat. Personalized nutrition could generate annual revenues as high as $64 billion by 2040, the firm said. Plus, big-name companies such
0 Comments
Getty Images Earlier this month, scores of high school seniors submitted their applications to college. Now comes the worst part: waiting. In the wake of a college admissions scandal and as the super-low admission rate at many top colleges receives widespread attention, the business of getting in to college is more intense than ever. However,
0 Comments
Toward the end of NBCUniversal’s two-hour long presentation of its Peacock streaming video service Thursday, the media and entertainment company dropped a revealing piece of information that rival companies haven’t made available. Comcast’s NBCUniversal estimates its streaming service will generate average revenue per user (ARPU) per month of $6 to $7. This is an aggregate
0 Comments