Stifel acquires German Mainfirst Bank in Brexit preparations

Note: This section contains information in English only.
Source: Dukascopy Bank SA
The US investment bank Stifel is set to acquire the German Mainfirst Bank, seeking to establish a scale in its Swiss and German equity research business, as well as to prepare for Brexit.
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Tue, 06 Nov 2018 12:54:31 GMT

CVS Health Q3 profit surges over 8% on Tuesday

CVS Health reported on Tuesday its Q3 profit surged 8.2% to $1.39B, compared to the prior year's $1.29B, driven by an increase in sales of the prescription drugs at the company's stores.

Tue, 06 Nov 2018 12:05:12 GMT

VW sees 2018 operating return on sales at range's lower end

Volkswagen has warned on Tuesday that its operating return on the carmaker's sales at the main VW passenger vehicle brand was likely to be at the lower level of its 4-5% target range in 2018.

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