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What Wall Street expects from CVB Financial's earnings
CVB Financial will be reporting Q3 earnings on October 21. Analysts on Wall Street expect CVB Financial will release earnings per share of $0.333. Follow CVB Financial stock price in real-time on Markets Insider here. CVB Financial will report earnings from the last quarter on October 21. 6 analysts estimate...Q3 EarningsShare PriceFinanceWall StreetFiscal YearCVB FinancialAverage EarningsFiscal Q3Financial YearMarkets InsiderRevenueCompanyStock PriceOctoberRead Full Story
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IQHQ Kickstarts $1.5B Life Sciences Campus in San Diego
Having recently completed the acquisition of an 8-acre waterfront site in San Diego, IQHQ Inc. will break ground on the initial phase of the $1.5 billion San Diego Research and Development District this week. The RaDD wi
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Dollar halts slide after Treasury Secretary Mnuchin pulls plug on Fed's emergency schemes
While the move was aimed at re-appropriating some $455 billion allocated to Treasury under the CARES Act in the spring, some investors were concerned about ending programs that they think have played a vital role in reassuring markets. The dollar index stood at 92.349, off Thursday's low of 92.236, though...Read Full Story No-deal BrexitMunicipal BondU.s. TreasuryBritish PoundMarket LiquidityU.S. TreasuryCurrency MarketsU.S. DollarU.S. InvestorsThe Federal ReserveSenateRepublicanTimesThe European CommissionAustralianSteven MnuchinJ.p. Morgan
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ZTO Express jumps in Hong Kong debut; Asia-Pacific markets mixed as Covid-19 deaths top 1 million
By the Hong Kong market close on Tuesday, shares of logistics provider ZTO Express jumped more than 9% from the offer price of 218 Hong Kong dollars ($28.13) per share. Shares of Japan's Nippon Telegraph and Telephone (N
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CNBC PRO Talks: Top investor David Giroux on finding long-term opportunities in volatile markets
(This story is for CNBC Pro subscribers only.) CNBC PRO subscribers can join CNBC’s Brian Sullivan on Wednesday at noon ET for a special live discussion about navigating the wild market ahead of the election as well as
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European markets rally as banks bounce; HSBC up 8%
HSBC shares surged more than 8% by mid-morning after China's Ping An Insurance announced that it would increase its stake in Europe's largest lender. The rally extended across the banking sector, with Deutsche Bank, Stan
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European markets head for higher open on U.S. stimulus optimism
European stocks are expected to open slightly higher on Wednesday amid renewed optimism for the prospects of stimulus talks in the U.S. London's FTSE is seen opening 3 points higher at 5,902, Germany's DAX up 27 points at 12,785, France's CAC 40 up 6 points at 4,944 and Italy's FTSE MIB 102 points higher at 19,514, according to IG.European MarketsIndex FuturesEuropean StocksFTSEDAXGermanyHong KongOptimismU.S. InvestorsU.S. Stock FuturesU.S. FuturesRandstadTelenorCNBCCathay PacificSteven MnuchinMark MeadowsNancy PelosiRead Full Story
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European shares dip; FTSE 100 outperforms on UK vaccine approval
(Reuters) - European shares slipped on Wednesday as investors took stock following a near 14% rally last month, while shares in BioNTech surged after UK became the first country to approve its COVID-19 vaccine developed with Pfizer.London’s blue-chip index outperformed regional peers, up 0.1% after Britain said the vaccine will be rolled out from next week, and as the pound slid on Brexit trade deal uncertainty.“As vaccines get approved and rolled out, the outlook for the economy should improve,” said Simona Gambarini, markets economist at Capital Economics.The FTSE 100 has been inching towards pre-pandemic levels, having recovered 60% from March lows.BioNtech’s Frankfurt-listed shares jumped 7.5%, compared with a 0.5% fall for Germany’s benchmark DAX index. Data showing a higher-than-expected rebound in retail sales in Europe’s largest economy in October did little to cheer investors.The pan-European STOXX 600 index was down 0.3%, with auto stocks leading declines as carmaker Volkswagen slipped 2.1% amid uncertainty about top management.“(The moves) come against the backdrop of a few weeks of very sharp rallies in European markets on the vaccine, so it’s not unusual that there will be days when the rally moderates slightly,” Gambarini said.“I certainly don’t think this will be the beginning of a correction, as more positive news will probably be coming our way regarding the vaccines.”Stimulus developments were also on the radar after the New York Times reported that U.S. President elect Joe Biden said his priority was getting a generous coronavirus aid package through Congress even before he takes office in January.Biden added he will not act immediately to remove the Phase 1 trade agreement with China reached by President Donald Trump, according to the report. A tariff war between the world’s two biggest economies had roiled markets and slowed global economic growth.Investors also kept an eye on moves by Britain and the European Union as Brexit trade talks were still stuck.“A deal still hangs in the balance” the EU’s Brexit negotiator said on Wednesday. The bloc had said it would launch contingency measures on Wednesday or Thursday, if unable to reach an agreement by then.Capital EconomicsFtseTariff WarPoliticsEuropean StocksGlobal Stock MarketsGlobal StocksStock InvestorsGrowth StocksReutersPfizerBrexitBioNtechPan-EuropeanSTOXXJoe BidenDonald Trump
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China's tariffs slam door shut on Australian wine's biggest export market
Australia's winemakers are scrambling to find new buyers around the world after China imposed hefty tariffs on the industry, effectively cutting it off from its most important export market. Beijing's decision last week to impose tariffs of up to 212% on Australian wine imports has endangered business with mainland China,...Read Full Story Treasury Wine EstatesTariffUnited StatesMainland ChinaShanghaiEuropeImport TariffsWorld TradeAsian MarketsCNN BusinessCommerce MinistryTWEWine AustraliaAustralian Wine ImportsExport SalesTim Ford
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India’s controversial farm bills become law despite protests
NEW DELHI (Reuters) - India’s president on Sunday approved three controversial agricultural bills amid nationwide protests by farmers who say the new laws will stunt their bargaining power and instead allow large retai