Category Archives:
Exchange operator Cboe profit rises as market volatility lifts trading volumes
(Reuters) -Cboe Global Markets reported a rise in first-quarter profit on Friday, as the exchange operator's trading volumes swelled on heightened market fluctuations amid a banking crisis and rising ...
May 05, 2023
Global equity funds see biggest weekly outflow in five weeks
(Reuters) - Global equity funds suffered massive outflows in the week to May 3, hit by weak economic data and worries over a recession as investors were fretted about the likelihood of interest rates ...
May 05, 2023
Lyft irks Wall Street with margin sacrifice in race with Uber
By Aditya Soni (Reuters) - Lyft Inc shares tumbled 17% in premarket trading on Friday as the ride-hailing company's strategy to claw back market share from rival Uber with lower fares stoked concerns ...
May 05, 2023
Used-car retailer Carvana’s shares soar on upbeat second-quarter forecast
By Kannaki Deka (Reuters) - Shares of Carvana Co rose 33% before the bell on Friday after the online used-car retailer forecast a surprise core profit for the second quarter, offering some relief to i...
May 05, 2023
Warner Bros Discovery streaming business turns a profit
(Reuters) - Warner Bros Discovery Inc said on Friday its streaming business turned a profit in the first quarter, a milestone for a division that had been losing money in its bid to gain subscribers a...
May 05, 2023
Chinese courier giant SF aims to raise up to $3 billion in Hong Kong listing – sources
By Julie Zhu and Scott Murdoch HONG KONG/SYDNEY (Reuters) - China's largest express delivery company SF Holding Co Ltd plans to raise up to $3 billion in a second listing in Hong Kong as soon as later...
May 05, 2023
Italian bank Intesa raises profit target after beating forecasts
By Valentina Za MILAN (Reuters) -Intesa Sanpaolo, Italy's biggest bank, raised its 2023 profit goal on Friday after first-quarter net income nearly doubled thanks to higher interest rates and shrinkin...
May 05, 2023
HSBC poised to see off Asia spinoff threat at crunch shareholder vote
By Lawrence White BIRMINGHAM, England (Reuters) -HSBC is expected on Friday to defeat a proposal by Hong Kong-based investors, backed by its biggest Asian shareholder Ping An, which calls for the lend...
May 05, 2023
Coty eyes dual listing on Paris Stock Exchange
(Reuters) - Coty Inc said on Friday it would explore a listing on the Paris Stock Exchange as the CoverGirl cosmetics maker looks to strengthen its presence in Europe and tap into new investors in the...
May 05, 2023
PBF Energy beats quarterly profit estimates on strong margins
(Reuters) - U.S. refiner PBF Energy Inc beat estimates for first-quarter profit on Friday, aided by higher margins amid tight supplies and strong demand for fuel. Refining margins have risen after pan...
May 05, 2023
Peoria, IL, USA
54 °F Sunny
