Credit Suisse raises Microsoft price forecast, makes stock a top pick into earnings

Credit Suisse raised its Microsoft price forecast and call the stock a top pick into earnings because of expectations its cloud business will grow faster than Wall Street currently expects. Results from a recent Credit Suisse survey show that Microsoft’s cloud...

Commentary: Earnings season is in focus, but one sector could serve up a big surprise

The next couple of weeks will be heavy with quarterly earnings reports across all sectors. So far, just over 6 percent of the S&P 500 has reported quarterly earnings, with a blended growth in reported earnings of nearly 7 percent, per FactSet estimates. The...

Higher percentage of Americans want Trump’s impeachment than wanted Nixon’s as Watergate escalated: Poll

A higher percentage of Americans think President Donald Trump should be impeached now than wanted to see President Richard Nixon impeached six months into his second term, according to a Monmouth University poll released Monday. Forty-one percent of Americans think...

P&G’s Gillette to women: ‘Welcome to Manhood’

A 50-year-old professor and mother in Tuscaloosa, Ala. A 19-year-old woman in Toledo, Iowa. A 48-year-old man who lives in Seattle. All received free men’s razors from Gillette in recent weeks, along with wishes for a happy 18th birthday and a welcome to manhood...

Fed will fine BNP Paribas $246 million on ‘unsafe and unsound’ foreign exchange practices

The Federal Reserve Board said Monday that it will fine BNP Paribas and some subsidiaries $246 million for their “unsafe and unsound practices in the foreign exchange (FX) markets.” The board said the bank had insufficient oversight and controls over its...