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U.S. Retail Sales Unchanged In June

U.S. Retail Sales Unchanged In June

With steep declines in auto and gasoline sales offset by strength in other areas, the Commerce Department released a report on Tuesday showing U.S. retail sales came in unchanged in the month of June.
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Morgan Stanley Q2 Net Profit Down 10%, But Tops Estimates

Morgan Stanley Q2 Net Profit Down 10%, But Tops Estimates

Financial services firm Morgan Stanley (MS) reported Tuesday that net income applicable to the company's shareholders for the second quarter decreased 10 percent to $2.94 billion or $1.82 per share from $2.05 billion or $1.24 per share in the year-ago quarter.
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Bank Of America Q2 Profit Decreases, But Results Top Estimates

Bank Of America Q2 Profit Decreases, But Results Top Estimates

Bank of America Corp. (BAC) reported Monday that net income applicable to common shareholders for the second quarter declined to $6.58 billion from last year's $7.10 billion, with earnings per share decreasing to $0.83 from $0.88 in the prior year.
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German Economic Sentiment Falls For First Time In A Year

German Economic Sentiment Falls For First Time In A Year

German economic confidence declined for the first time in a year in July amid weak exports, political uncertainty and the lack of clarity about the future monetary policy, survey data from the ZEW economic research institute showed Tuesday. The economic sentiment index fell sharply to a four-month low of 41.8 in July from 47.5 in the previous month. The score was forecast to drop moderately to 41
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European Shares Slip As German Investor Morale Falls

European Shares Slip As German Investor Morale Falls

European stocks fell in cautious trade on Tuesday after analysts warned the euro area's economy, including the zone's gross domestic product, could be impacted if Donald Trump were to win the presidential election in November.
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FTSE 100 Slips On China Concerns

FTSE 100 Slips On China Concerns

U.K. stocks were slightly lower on Tuesday as investors fretted about China's economic recovery and priced in the impact of a likely second term for former President Donald Trump.
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CAC 40 Slides As Investors Weigh US Election Risks

CAC 40 Slides As Investors Weigh US Election Risks

French stocks declined on Tuesday as investors fretted about the political landscape in France and the likely impact on Eurozone growth, if Donald Trump were to win the presidential election.
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