Signature Bank Reports 2020 First Quarter Results

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Signature Bank Reports 2020 First Quarter Results

Signature Bank (Nasdaq: SBNY), a New York-based full-service commercial bank, today announced results for its first quarter ended March 31, 2020. Net income for the 2020 first quarter was $99.6 million, or $1.88 diluted earnings per share, versus $143.5 …
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Gap says may not have enough money to run operations

(Reuters) – Gap Inc (GPS.N) warned on Thursday it may not have enough funds to run its operations in the next 12 months as it weathers the impact of the coronavirus pandemic, and said it would need to cut costs and raise money by issuing debt. The apparel …
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US oil sees double-digit rise as traders point to escalating Middle East tensions

Oil prices on Thursday headed sharply higher, with gains being attributed to the threat of conflict between the U.S. and Iran. The commodity was extending its advance from the previous session after President Donald Trump on Wednesday in a tweet …
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US STOCKS-Futures retreat ahead of jobless claims, business activity data

(For a live blog on the U.S. stock market, click or type LIVE/ in a news window.) * U.S. weekly jobless claims due at 8:30 a.m. ET. * House set to pass $484 bln more in coronavirus relief. * Target slumps on margin squeeze, Walmart dips. * Futures: Dow down …
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Tullow shares jump as Uganda sale to Total finalizes

JOHANNESBURG (Bloomberg) –Tullow Oil concluded a years-long process to sell its Uganda assets to Total SA, the first step in an asset-sale program that’s crucial to reducing its debt. The shares jumped the most on record. The U.K. explorer agreed to …
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