The Megacap Tech Stock Rally Raises Concerns for Investors
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Investors spent 2023 expressing their concerns about the sustainability of a stock-market rally that was primarily driven by a small number of…
New York Community Bancorp Inc. Looks to Shed Problem Commercial Real Estate
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New York Community Bancorp Inc. is actively seeking to rid itself of troubled commercial real estate assets following a surprising $185 million…
FuboTV Stock Tumbles as Disney Announces Sports Streaming Partnership
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FuboTV stock took a hit on Wednesday following the announcement of a partnership between Walt Disney and several media giants to create…
The Potential for Inflation Rebound and its Impact on Financial Markets
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Just as investors begin to accept the notion that there won’t be a Federal Reserve interest rate cut in the near future,…
Mattel Announces Board Changes
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Toymaker Mattel has recently made changes to its board in response to pressure from activist investor Barington Capital. The company announced that…
Court Overturns Decision on KLM State Aid
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The European Union’s second-highest court has reversed a decision to grant state aid to KLM Royal Dutch Airlines during the height of…
Heroux-Devtek Reports Strong Q3 Results
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Heroux-Devtek, a Canadian manufacturer of aerospace products, exceeded expectations in its third quarter with impressive profit and revenue growth. The company achieved…
Uber Reports Strong Q4 Earnings
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Uber Technologies has announced its fourth-quarter earnings, surpassing expectations from Wall Street. The company reported earnings of 66 cents per share on…
Uber Reports Strong Q4 Earnings and Positive Outlook
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Uber Technologies Inc. (NYSE: UBER) has announced impressive fourth-quarter earnings, surpassing expectations and providing an optimistic forecast for the current quarter. Despite…
Alpha Financial Markets Consulting Expects Drop in Net Fee Income Growth for Fiscal 2024
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By Elena Vardon London, UK – Alpha Financial Markets Consulting, a leading provider of specialist consultancy services, announced today that it anticipates…
Redrow Announces Encouraging Start to Second Half
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By Joe Hoppe London-listed home builder, Redrow, has reported a decline in pretax profit and revenue for the six months ended Dec….
Ashmore Group Reports Rise in Profit Despite Lower Assets Under Management
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Ashmore Group, an emerging-markets asset manager, has announced a rise in pretax profit for the first half of fiscal 2024. This increase…