Bank of America Profit Doubles

Bank of America posted earnings of $8.05 billion in the first quarter, compared with $4.01 billion a year earlier.

 
BlackRock Profit Jumps on Broader Pandemic Recovery

The world's largest money manager posts a profit of $1.2 billion and sees assets under management rise to $9 trillion.

 
Merck Halts Covid-19 Treatment Trial for Hospitalized Patients

The company and a partner will move forward with a separate study testing their oral antiviral drug in treating outpatients who are at high risk of complications.

 
JPMorgan Aims to Support $2.5 Trillion in Climate-Friendly Investments

Climate activists have for years called on the bank to use its lending power to protect the environment.

 
Why Barclays Is One of 2021's Best-Performing Bank Stocks

Activity in the U.K. lender's investment banking arm is spurring the recovery, a vindication for Chief Executive Jes Staley.

 
Dell Plans Spinoff of $52 Billion Stake in VMware

The personal-computer maker said the deal would strengthen its financial position as it looks at new markets and works to reach clients revamping their digital strategies.

 
U.S. Vaccine Panel Delays Vote on J&J Covid-19 Shot's Clot Risk

The federal government's recommendation to pause using Johnson & Johnson's Covid-19 vaccine will remain in place after an advisory panel put off a vote on how to move forward following reports of a few cases of life-threatening blood clots.

 
Novavax to Participate in Oxford Study Comparing Covid-19 Vaccine Combinations

A Novavax Covid-19 vaccine will be studied in a Phase 2 trial conducted by the University of Oxford "to evaluate the potential for combined regimens that mix vaccines from different manufacturers to achieve immune protection against Covid-19."

 
Publicis Reports a Return to Organic Revenue Growth

Organic revenue at Publicis Groupe increased 2.8% in the first quarter, the advertising agency conglomerate said, ending a streak of recent declines as the pandemic's impact on its business continued to abate.

 
Coinbase Fetches $85 Billion in Value in Trading Debut

The cryptocurrency exchange is the first major bitcoin-focused company to test the U.S. public market, marking a watershed moment for an industry that began a decade ago as an experiment in digital money.

(END) Dow Jones Newswires

April 15, 2021 07:15 ET (11:15 GMT)

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