JPMorgan buys more mortgages from other lenders as market shrinks

[Buzz_Burner_Fresh_Updates] JPMorgan buys more mortgages from other lenders as market shrinks – reuters.com NEW YORK (Reuters) – JPMorgan Chase & Co, looking to stem falling revenue in its mortgage business as fewer Americans refinance, is increasingly buying loans from smaller lenders, a practice that competitors including Bank of America view as risky. Continue Reading On […]

JPMorgan buys more mortgages from other lenders as market shrinks + MORE

[Buzz_Burner_Fresh_Updates] Renault-Nissan discussing change in alliance structure to counter French control: paper – reuters.com TOKYO (Reuters) – Renault SA and Nissan Motor Co have entered discussions to reorganize their capital alliance structure in a bid to water down Paris’s control of the French automaker, the Nikkei business daily reported on Wednesday. Continue Reading On reuters.com […]

Allergan forecasts second-half revenue above $8 billion

[Buzz_Burner_Fresh_Updates] Allergan forecasts second-half revenue above $8 billion – reuters.com (Reuters) – Drugmaker Allergan Plc said it expected revenue to be greater than $8 billion in the second half as it completes the sale of its generics business to Teva Pharmaceuticals Industries Ltd . Continue Reading On reuters.com »  

CVS Health in $48 million settlement of lawsuit over hiding loss

[Buzz_Burner_Fresh_Updates] CVS Health in $48 million settlement of lawsuit over hiding loss – reuters.com (Reuters) – CVS Health Corp reached a $48 million settlement of a lawsuit accusing the U.S. drugstore operator of fraudulently concealing a big loss of revenue in its pharmacy benefits manager business, culminating in a plunge in its stock price. Continue […]

UPDATE 1-UK fund manager Ashmore's profit up despite emerging market sell-off + MORE

[Buzz_Burner_Fresh_Updates] TABLE-Advance Residence Investment -6 MTH results – reuters.com Sep 8 (Reuters) Advance Residence Investment Corp FINANCIAL HIGHLIGHTS (in billions of yen unless specified) Continue Reading On reuters.com » UPDATE 1-UK fund manager Ashmore's profit up despite emerging market sell-off – reuters.com LONDON, Sept 8 (Reuters) – Emerging markets money manager Ashmore Group reported a […]