JPMorgan Chase & Co's third-quarter markets revenue is running "about the same as everybody else," Chief Executive Officer Jamie Dimon said on Friday after two major competitors had said their revenues were down about 5 percent from a year earlier.
Estimize, the crowdsourced financial estimates platform, announced the launch its newest product, the Estimize Stock Screener, which offers users a real-time, comprehensive view of the market sentiment for more than 1,500 stocks, as well as the ability to filter for specific attributes.
Snack food company B&G Foods Inc. said it would buy General Mills Inc.'s Green Giant frozen foods and Le Sueur canned vegetables brands for about $765 million to expand its distribution network and enter the frozen foods market.
U.S. funds cut recommended equity allocations in August and increased exposure to debt, a Reuters poll found, largely maintaining a broad trend since the start of the year as stocks under perform and government bonds remain in demand.
New U.S. single-family home sales rebounded in July and consumer confidence increased to a seven-month high in August, pointing to underlying strength in the economy that could still allow the Federal Reserve to raise interest rates this year.
Nasdaq is poised to launch a platform for foreign exchange trading which it says would make the $5 trillion-a-day global market more transparent and would diversify its own business, a top executive from the stock market operator said.