Investment Banking and Brokerage Services (TRBC)

Oil prices stable on strong Chinese imports, OPEC-led production cuts

Oil prices stable on strong Chinese imports, OPEC-led production cuts

Published 10/02/2017

FILE PHOTO: An oil pump jack can be seen in Cisco, Texas, August 23, 2015. REUTERS/Mike Stone/File Photo

Oil prices were stable on Friday, supported by strong Chinese crude imports and OPEC-led production cuts, although ample U.S. fuel inventories weighed on the market.

[more…]

Morgan Stanley exploring move to Manhattan`s West Side: WSJ

Morgan Stanley exploring move to Manhattan`s West Side: WSJ

Published 10/02/2017

The corporate logo of financial firm Morgan Stanley is pictured on the company's world headquarters in the Manhattan borough of New York City, January 20, 2015. REUTERS/Mike Segar

Morgan Stanley (MS.N) is exploring a move to Hudson Yards, the vast development site on Manhattan's West Side, The Wall Street Journal reported, citing people familiar with the matter.

[more…]

LPL Financial fourth-quarter profit surges despite regulatory uncertainty

LPL Financial fourth-quarter profit surges despite regulatory uncertainty

Published 10/02/2017

Independent brokerage LPL Financial Holdings Inc posted a fourth-quarter profit that surged 56 percent as an increase in advisory assets helped soften the costs of an uncertain regulatory environment.

[more…]

Oil prices stable on OPEC-led production cuts, but bloated inventories weigh

Oil prices stable on OPEC-led production cuts, but bloated inventories weigh

Published 10/02/2017

FILE PHOTO - A fuel nozzle is pictured at petrol station in Moenchengladbach March 10, 2012. REUTERS/Ina Fassbender

Oil prices were stable early on Friday, with OPEC-led production cuts supporting the market while soaring U.S. fuel inventories were weighing on crude.

[more…]