20 January

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Biden’s Inauguration, Netflix Shines, P&G Results, API – What’s up in Markets By Investing.com

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By Geoffrey Smith Investing.com -- Joe Biden will be sworn in as President, a day after the death toll from Covid-19 hits 400,000. Netflix stock is set to soar after a stellar fourth quarter, while Procter & Gamble, UnitedHealth (NYSE:UNH) and United Airlines all report later. Jack Ma reappears for the first time since the Ant Group IPO fiasco, and API oil inventories are...

20 January

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British PM Johnson says he’s looking forward to working with Biden By Reuters

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LONDON (Reuters) - British Prime Minister Boris Johnson said on Wednesday he looked forward to working with Joe Biden on their "shared priorities", just hours before Biden is inaugurated as the 46th president of the United States. "As I said when I spoke with him on his election as President, I look forward to working with him, and with his new administration,...

20 January

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Netflix Soars After Hit Shows Push Subscribers Past 200 Million By Bloomberg

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(Bloomberg) -- Netflix Inc (NASDAQ:NFLX). ended its biggest year in company history with a bang, adding more customers than expected and saying it no longer needs to borrow money to build its entertainment empire. The world’s leading paid streaming service attracted 8.51 million new subscribers in the final three months of the year, helped by the popularity of hit shows such as “Bridgerton”...

20 January

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Morgan Stanley Earnings, Revenue beat in Q4 By Investing.com

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Morgan Stanley (NYSE:MS) reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations. Morgan Stanley announced earnings per share of $1.81 on revenue of $13.64B. Analysts polled by Investing.com anticipated EPS of $1.3 on revenue of $11.5B. Morgan Stanley shares are up 9% from the beginning of the year and are trading...

20 January

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HSBC to axe up to 340 management jobs in UK branch shake-up – source By Reuters

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By Iain Withers and Lawrence White LONDON (Reuters) - HSBC plans to cut up to 340 manager jobs as part of a shake-up of its branch network in Britain, a source familiar with the matter told Reuters. The bank announced on Tuesday it was axing 82 branches across the country and would cut services in others, including stripping out some counter services....

20 January

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“Outrageous” that police data lost, but government working on it, says UK PM By Reuters

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LONDON (Reuters) - British Prime Minister Boris Johnson said on Wednesday it was "outrageous" that any police data had been lost, but his government was working to assess the damage after thousands of records were deleted in error. "Of course it is outrageous that any data should have been lost but at the moment ...

20 January

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UK PM Johnson: Vaccine programme on track but supply limits make it difficult By Reuters

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LONDON (Reuters) - British Prime Minister Boris Johnson said the country's vaccine programme was on track to meet its targets, but that it would be very difficult due to supply constraints. "I can confirm that we are on track to deliver our pledge, though it is very hard, I must stress ...

20 January

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UK PM Johnson says COVID inquiry not a good use of resources while hospitals under pressure By Reuters

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LONDON (Reuters) - Britain will learn lessons from its COVID-19 response but it is not be a good use of resources to have an inquiry while the National Health Service (NHS) is under strain from a winter wave of infections, Prime Minister Boris Johnson said on Wednesday. "The NHS is under unprecedented pressure (and) the entire British state is trying to fight...

20 January

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Microcap ETFs Shunned as Reddit, Robinhood Feed Retail Addiction By Bloomberg

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(Bloomberg) -- With penny stocks all the rage in Reddit forums and across the Robinhood trading platform, U.S. retail investors are pulling money from microcap funds just to support the habit. Managed by BlackRock Inc (NYSE:BLK)., the $1 billion IShares Micro-Cap ETF, known by its ticker symbol (NYSE:IWC), has seen nearly $26 million of net outflows over the past 12 months. The $129...

20 January

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Bank of England adapts bank stress test for pandemic era By Reuters

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By Huw Jones LONDON (Reuters) - The Bank of England's health check on banks this year will seek to ensure that Britain's big lenders, including HSBC, and Barclays (LON:BARC), can continue supporting the economy during the pandemic and will also look at how banks can return to more normal dividend levels....

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Biden’s Inauguration, Netflix Shines, P&G Results, API – What’s up in Markets By Investing.com

British PM Johnson says he’s looking forward to working with Biden By Reuters

Netflix Soars After Hit Shows Push Subscribers Past 200 Million By Bloomberg

Morgan Stanley Earnings, Revenue beat in Q4 By Investing.com

HSBC to axe up to 340 management jobs in UK branch shake-up – source By Reuters

“Outrageous” that police data lost, but government working on it, says UK PM By Reuters

UK PM Johnson: Vaccine programme on track but supply limits make it difficult By Reuters

UK PM Johnson says COVID inquiry not a good use of resources while hospitals under pressure By Reuters

Microcap ETFs Shunned as Reddit, Robinhood Feed Retail Addiction By Bloomberg

Bank of England adapts bank stress test for pandemic era By Reuters

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