Beijing appears to wind down share-buying _ now what?

...authorities have to calm markets?After weeks of turmoil, the best tactic might be to do nothing, according to financial analysts.Inaction "would likely be viewed favorably at this stage," said Linda Yueh, an economist at the London Business...

Impact from China's currency devaluation and slowing economy being felt around the globe

...officials are about the health of their economy."It's not about a minor devaluation," says Greg McBride, chief financial analyst at Bankrate.com. Instead, "It's all about yet another move of desperation to juice the Chinese economy...

Biz Bits

...ManagementDetails: He works for Savannah River National Laboratory. ROB WYNNAward/honor: Received the Chartered Financial Analyst designation from the CFA InstituteDetails: He works for Asset Advisors Corp.

JPMorgan 2Q profit rises 4 percent, beats estimates

...also declined in the quarter.The overall earnings results beat analysts' expectations. The average estimate of financial analysts surveyed by FactSet was $1.43 per share. That estimate typically excludes one-time items.Net revenue at...

Man reflects on 100 years, 'lucked in' becoming American

...McGraw-Edison manufacturing company, first as a chemical engineer until "chemistry got the best of me," and then as a financial analyst."We worked about an average of 60 hours a week," Antonacci said. "It was sort of mandatory. You worked on...

Bank of America profits jump as legal costs drop

...said an increase in deposits, lower expenses and an improving balance sheet helped offset a decline in revenue.Financial analysts surveyed by FactSet expected the bank to earn 36 cents per share, a figure which typically excludes one-time...

Wells Fargo profit edges lower in 2nd quarter

...The bank's net interest margin, a measure of how much profit it makes on money it loans out, shrank to 2.97 percent in the second quarter from 3.15 percent a year earlier. The measure is closely watched by financial analysts.

'Phony numbers' increase in earnings reports

...normal costs of running a business.What's worse, financial analysts are often playing along, passing along the rosy...GAAP, to the adjusted profit figures calculated by financial analysts and collected by S&P Capital IQ. AP looked at companies...

Augusta Metro Chamber announces 2015 Top 10 in 10 Young Professionals to Watch

...initiatives, Augusta Metro Chamber? LaShawnda Dennis, associate professor, Paine College? Thomas Sherrouse, financial analyst, MAU Workforce SolutionsEach recipient is featured in the June/July issue of Augusta Magazine and will receive...

Volatile start to year in markets could help bank profits

...need volatility and volume to really profit. They got both," said Nancy Bush, an independent banking industry financial analyst with NAB Research.Two of the places where volatility has been most noticeable last quarter have been in the currency...