|Day Low/High||7.81 / 7.95|
|52 Wk Low/High||6.22 / 12.16|
U.S. stock futures trade mixed on Thursday; Amazon, Intel and Comcast report earnings; Microsoft jumps as third-quarter earnings beat analysts' expectations; Facebook sets aside $3 billion for expected fine from Federal Trade Commission.
Deutsche Bank walked away from plans to merger with Commerzbank Thursday as Germany's biggest lender and its domestic rival said execution risks, capital requirements and costs related to the tie-up would outweigh its benefits.
Deutsche Bank move to downplay a report suggesting Germany's biggest lending was preparing a massive capital increase as part of a potential merger with domestic rival Commerzbank AG CRZBY, saying Thursday that no such discussions have taken place.
European bank stocks surged Wednesday, lifting Deutsche Bank shares to the top of the German market, following a report that suggested the European Central Bank is preparing ways to mitigate the impact of negative interest rates on financial sector profits.
I think sometimes the best way to parse the temperament is to go over the most obviously 'wrong' moves and address why they might not be wrong at all.
Deutsche Bank shares topped the German market Monday after the country's biggest lender confirmed the worst-kept secret in European finance over the weekend by revealing it is in talks with rival Commerzbank over a potential merger.
Global stocks traded higher across the board Monday, setting up Wall Street for a solid start to the week, as investors combined signals of further interest rate easing from the world's biggest central banks alongside hopes for progress in U.S.-China trade talks and a conclusion to Britain's months-long Brexit saga into an extended bullish sentiment.
Shares of both Deutsche Bank and Commerzbank rise after Deutsche Bank CEO Christian Sewing agrees to hold tentative talks.
Deutsche Bank shares gave back earlier gains to trade lower on the session Thursday after the European Central Bank said Germany's biggest lender needed to set aside more cash to absorb potential losses.
Deutsche Bank shares slipped lower Friday after it posted a wider-than-expected fourth quarter loss that overshadowed the troubled lender's first annual profit in four years.
Deutsche Bank shares were marked higher in Frankfurt Monday following a weekend report that suggested Qatar's multi-billion sovereign wealth fund was preparing to increase its stake in Germany's biggest lender.
Deutsche Bank shares were marked modestly higher Monday, even as stocks around the region drifted lower, following a German media report that suggested the troubled lender could be merged with domestic rival Commerzbank.
Global stocks edged higher Wednesday as the bullish tone from this week's potential trade agreement between the U.S. and Mexico faded into broader concern over the ongoing dispute between Washington and Beijing and its impact on growth in the world's second-largest economy.
Global stocks rebounded modestly Tuesday, helping pull Wall Street futures into positive territory, as investors shifted focus from trade war rhetoric to corporate fundamentals as U.S. earnings continue to impress.
Global risk appetite disappeared Monday as investors piled cash into both the dollar and safe-haven government bonds amid a potentially existential crisis for the European single currency following the collapse of Italy's nascent populist government over the weekend.
Italy's latest political chaos has thrown regional markets into chaos Tuesday, sending short-term government bond yields on their biggest one-day move since 1992 as investors fear new elections in the region's third-largest economy could be fought on membership of the single currency.
With the U.S. and China still "very far apart" in trade talks, and softer-than-expected data from two of the world's biggest economies hinting at a second-quarter slowdown, global stocks are on the back foot Tuesday as investors retrench from recent gains.
Facebook shares are in bear market territory again.
European banks stocks slumped to a six-month low Thursday as investors react to rising funding costs and the threat of tougher oversight on a sector already lumbered with more than $1 trillion in bad loans.
Commerzbank says its "as close as we can be" to certain that Dialog will remain Apple's sole core PMIC supplier for the iPhone next year.
U.S. equity futures suggest a pullback from record highs
Germany's biggest lender reverses steep early losses after confirming 3% stakebuild from Cerberus Capital Management
European markets pulled down by quarterly earnings at bank.
The German bank has reportedly hired Goldman Sachs and Rothschild to advise on a possible takeover
Commerzbank shares rise the most in nearly three months after a report suggests a possible merger with Italy's UniCredit
Fed confusion and the 'Game of Thrones' in the White House dragged markets lower.
Earnings also sent some stocks into a spiral
TheStreet’s Fundamentals of Investing Course will teach you the keys to making the right decisions in any market.
TheStreet’s Personal Finance Essentials Course will teach you money management basics and investing strategies to help you avoid major financial pitfalls.
TheStreet Courses offers dedicated classes designed to improve your investing skills, stock market knowledge and money management capabilities.
Sign up to get started or log in to see your watchlist.
Enter a symbol above to add it to your watchlist.
A confirmation email has been sent to the address provided during registration. Please click on the appropriate link to confirm your email address.