Advertisement Continue reading the main storyFord’s stock was down more than 1 percent in midday trading. — JACK EWINGActivist ValueAct Takes Stake in KKRDeutsche Bank’s Profit Good, but Not Good EnoughDeutsche Bank reported a big jump in first-quarter profit on Thursday, but its shares fell. Advertisement Continue reading the main storyThe bank said on Thursday that net earnings had more than doubled, to 575 million euros, or $627 million, from a year earlier. Advertisement Continue reading the main story“Relative to the U.S. banks, this is a weak outcome,” analysts at RBC Capital Markets said in a note to clients. Britain’s government is preparing to sell its remaining stake in the bank after a bailout during the financial crisis.
Source: New York Times April 27, 2017 12:04 UTC