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Author: KMFSLLP

12 Apr UPDATE 4-PNC forecasts modest loan growth in Q2, shares fall

Posted at 15:36h in News by KMFSLLP 0 Comments

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* Shares fall 3 pct; biggest pct loser on S&P 500 Financial (Adds analyst comments,)

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12 Apr UPDATE 7-Oil rises, on track for biggest weekly gain since July

Posted at 15:32h in News by KMFSLLP 0 Comments

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* China March crude oil imports second-highest on record (New throughout, updates prices, market activity and comments; new byline, changes dateline, previously LONDON.)

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12 Apr UPDATE 1-Italy’s Open Fiber enlists banks for $8 bln broadband rollout

Posted at 15:28h in News by KMFSLLP 0 Comments

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MILAN, April 13 (Reuters) - Italy's Open Fiber has enlisted banks to help fund the 6.5 billion euro ($8 billion) rollout of its fast broadband network, it said on Friday, confirming an earlier Reuters report.

12 Apr UPDATE 3-Wells Fargo faces $1 billion fine from loan abuses

Posted at 15:24h in News by KMFSLLP 0 Comments

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April 13 (Reuters) - Two U.S. regulators have proposed Wells Fargo & Co pay $1 billion in penalties to resolve probes into auto insurance and mortgage lending abuses at the third largest U.S. bank, overshadowing its first quarter results.

12 Apr UPDATE 2-BlackRock hiked CEO Larry Fink’s pay by 9 percent in 2017 -filing

Posted at 15:06h in News by KMFSLLP 0 Comments

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NEW YORK, April 13 (Reuters) - BlackRock Inc, the world's largest asset manager, raised total compensation for chairman and chief executive officer Larry Fink by 8.9 percent in 2017, according to a filing on Friday.

12 Apr Union members vote to suspend planned strikes at UK universities

Posted at 14:34h in News by KMFSLLP 0 Comments

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12 Apr Jaguar Land Rover plans to cut 1,000 jobs after UK sales fall

Posted at 14:30h in News by KMFSLLP 0 Comments

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Carmaker blames uncertainty over Brexit and diesel vehicles

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12 Apr Boeing studying impact of ‘anti-American’ legislation in Russia

Posted at 14:28h in News by KMFSLLP 0 Comments

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MOSCOW, April 13 (Reuters) - Boeing Co said on Friday it was aware of an "anti-American" legislation proposal in Russia and was studying the possible impact on its business in the country.

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12 Apr UPDATE 3-JPMorgan profit just below estimates on weak investment banking

Posted at 14:12h in News by KMFSLLP 0 Comments

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April 13 (Reuters) - JPMorgan Chase & Co's quarterly profit fell short of Wall Street expectations on Friday as lower revenue from investment banking ate into gains from stock trading and higher interest rates.