Yahoo Finance Wealth Management Firms Are Reporting Record Client Assets. It Isn’t Just Because the Market Is Up.
Charles Schwab, Morgan Stanley, and other wealth managers are reporting large inflows of assets as investor sentiment turns bullish.
Charles Schwab, Morgan Stanley, and other wealth managers are reporting large inflows of assets as investor sentiment turns bullish.
The excuses being concocted by Australian businesses for not accepting cash are becoming more and more ridiculous.
(Bloomberg) -- In a move fitting for one of the largest companies in the world, Apple Inc. just announced the biggest US buyback ever, saying its board approved an additional $110 billion in share repurchases. Most Read from BloombergSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineTurkey Confirms All Trade Halt With Israel Over War in GazaHuawei Secretly Backs US Research, Awarding Millions in PrizesBiden Calls Ally Japan ‘Xenophobic’ Along With China, RussiaUS and Saudis Near Defe
(Bloomberg) -- Bitcoin’s tumble is piquing the interest of investors who view pronounced swings in the digital token as a possible precursor for broader changes in risk appetite in global markets.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineBiden Calls Ally Japan ‘Xenophobic’ Along With China, RussiaHuawei Secretly Backs US Research, Awarding Millions in PrizesTesla Axes Supercharger Team in Blow
The cost-of-living crisis has hit some harder than others and the pain being dished out is far from over.
The move brings CBA in line with NAB, with ANZ now offering the most interest-free days out of the big four banks.
(Bloomberg) -- Oil headed for its biggest weekly decline since February on signs of easing geopolitical risks in the Middle East and weakening across fuel markets.Most Read from BloombergSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineTurkey Confirms All Trade Halt With Israel Over War in GazaHuawei Secretly Backs US Research, Awarding Millions in PrizesBiden Calls Ally Japan ‘Xenophobic’ Along With China, RussiaIn Jamie Dimon's America, the Stock Market Has Already VotedBrent trad
LTC Properties, Inc. (NYSE:LTC) Q1 2024 Earnings Call Transcript April 30, 2024 LTC Properties, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good day. And welcome to the LTC Properties Incorporated First Quarter 2024 Earnings Conference Call. At this […]
Andrew Irvine said NAB 'wouldn't hold anything back' if the Reserve Bank of Australia delivered a rate cut.
LPL Financial Holdings Inc. (NASDAQ:LPLA) Q1 2024 Earnings Call Transcript April 30, 2024 LPL Financial Holdings Inc. misses on earnings expectations. Reported EPS is $3.51 EPS, expectations were $3.77. LPL Financial Holdings Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). […]
Global hedge funds that use an equities long-short strategy are growing increasingly bullish on China, evidenced by the heavy pick-up in their purchases of Hong Kong-listed shares, UBS Group said in a note. Hong Kong's stock markets, which closely mirror China's struggling performance, have recovered since March as Beijing rolled out economic support measures. Swiss bank UBS said in a note Hong Kong market trends had changed in the final days of April, in contrast to that since February when most inflows came from short covering.
Texas Pacific Land (NYSE:TPL) has had a great run on the share market with its stock up by a significant 18% over the...
Lloyd's of London insurers Hiscox and Lancashire do not expect large insurance claims from the collapse of Baltimore's Francis Scott Key Bridge in March that caused widespread disruption, they said on Thursday. Hiscox does not have direct exposure to the business interruption policy of the port, which is the busiest in the United States for auto shipments, or the property policy covering the bridge, the insurer said in its first-quarter trading statement. Hiscox said it was one of the reinsurers on the International Group of P&I Clubs' ship reinsurance policy, but said it expected its net loss to be "moderate", without giving further explanation.
(Bloomberg) -- Apple Inc. surprised investors with a decent beat on quarterly revenue from China, countering months of data that showed a quickening decline in iPhone sales.Most Read from BloombergSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineTurkey Confirms All Trade Halt With Israel Over War in GazaHuawei Secretly Backs US Research, Awarding Millions in PrizesBiden Calls Ally Japan ‘Xenophobic’ Along With China, RussiaIn Jamie Dimon's America, the Stock Market Has Already Voted
* S. Korean won up 0.9% * Taiwan stocks up 0.7% * Thai April headline CPI +0.19% yr/yr By Echha Jain May 3 (Reuters) - Asian emerging market currencies and equities rallied on Friday after the U.S. Federal Reserve indicated it was keeping a dovish tilt, ahead of U.S. nonfarm payrolls data due later in the day. The South Korean won was the biggest gainer in the region, appreciating 0.9% against the greenback. Among equities, Taiwan stocks rose 0.7% to be the top gainer in the region, while Malaysia stocks added 0.3%.
The US central bank, the Fed, has again kept interest rates high - at 5.25% to 5.5%. It comes despite the policymaker signaling in January that interest rate cuts were around the corner. Data last week showed inflation hit 3.5% in March, up from 3.2% in February and 3.1% in January - above the Fed's inflation target and higher than expected.
Copper producer Zambia is on the cusp of moving on from its debt default after a nearly four-year-long process. Does its deal with bondholders mean its economy is back on track, or that it is now out of default? Zambia already has deals with its official lenders - ie other countries - making the deal with those holding its three Eurobonds the last stage.
In this piece, we will take a look at the 25 most profitable companies in the US. If you want to skip our overview of the US economy and the current business climate, you can jump ahead to the 5 Most Profitable Companies in the US. With the second quarter of 2024 with us, Wall Street […]
Takeover speculation has given another lift to Anglo American shares, up 3% or 78.5p to 2740p as the best performing stock in the FTSE 100 index. Interest in the BHP bid target was fuelled by reports that Glencore is weighing up its options over a possible approach. Glencore shares fell 9p to 449.7p at the bottom of the FTSE 100.
NeoGenomics ( NASDAQ:NEO ) First Quarter 2024 Results Key Financial Results Revenue: US$156.2m (up 14% from 1Q 2023...
(Reuters) -Pfizer lifted its annual earnings forecast on Wednesday and reported a first-quarter profit above Wall Street estimates, boosted by cost cutting efforts and stronger-than-expected sales of its COVID antiviral treatment. Sales of Padcev, a treatment for advanced bladder cancer Pfizer gained through its $43 billion deal for Seagen, also came in ahead of analysts' expectations. The Seagen deal, as well as its $4 billion cost-cutting plan, are a key part of Pfizer's post-COVID growth strategy.