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Community Financial System CEO defends rich valuation and eyes more deals

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Chief executive of the KBW Regional Bank Index component defends his company’s premium valuation based on a higher proportion of net interest income.

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Stock News

MarketWatch 50 returns: These are the people having an impact on your money right now

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Also: How to play the nuclear-power theme in the stock market, Nvidia’s importance and a Medicare warning.

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Boeing’s labor strike is forcing this company to send hundreds of employees home

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Spirit AeroSystems is furloughing 700 employees due to the impact of the strike by Boeing’s machinists.

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Schlumberger’s stock slumps as falling oil prices turn customers cautious

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Schlumberger’s stock slumps after revenue misses expectations amid “cautious spending” by some international customers as oil prices fell.

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