Posted at 17:34h
in
News
by KMFSLLP
* ISS slumps to record low on weak profit outlook
(Adds details, updates to close)
...
Posted at 17:33h
in
News
by KMFSLLP
Investors pulled nearly $3.3
billion out of mutual funds and exchange-traded funds that hold
U.S. stocks last week, snapping the longest streak of asset
gains since July, according to data released Wednesday by the
Investment Company Institute.
The pullback from the U.S. equity market came...
Posted at 17:33h
in
News
by KMFSLLP
The U.S. Consumer Financial
Protection Bureau (CFPB) has agreed to enforce data-collection
requirements that aim to guard against discriminatory lending
practices after being sued by a Washington-based advocacy group,
the group said on Wednesday.
Posted at 17:09h
in
News
by KMFSLLP
Morgan Stanley is asking
anyone who is attending its technology, media and telecom
conference in California next week to report if they have
visited several countries that have reported coronavirus cases
in recent weeks.
Posted at 17:00h
in
News
by KMFSLLP
Emerging markets investment
manager Ashmore Group has defended the strategy of its
short duration debt fund which has been clobbered by its
exposure to two nations in crisis, Lebanon and Argentina.
...
Posted at 16:51h
in
News
by KMFSLLP
Private equity suitors for
Thyssenkrupp's elevator division, which is seen
fetching around 16 billion euros ($17.4 billion), have submitted
offers with similar levels of debt, four people familiar with
the process told Reuters on Wednesday.
Posted at 16:43h
in
News
by KMFSLLP
Swedish online lender Klarna,
which is backed by rapper Snoop Dogg, reported its first annual
loss on Wednesday after a year of expansion in the United States
and Europe.
...
Posted at 16:34h
in
News
by KMFSLLP
British challenger bank Virgin
Money is planning to cut 500 jobs as it presses ahead
with cost-cutting after bulking up through the merger of Virgin
Money and Clydesdale and Yorkshire Banking Group in 2018, it
said on Wednesday.
Posted at 16:23h
in
News
by KMFSLLP
* Euro zone periphery govt bond yields http://tmsnrt.rs/2ii2Bqr
(Updates prices)
...
Posted at 16:10h
in
News
by KMFSLLP
The U.S. Supreme Court on
Wednesday refused to back stricter deadlines for workers to sue
retirement plans over alleged mismanagement, ruling Intel Corp
cannot avoid a suit accusing it of unlawfully making
high-risk investments that cost retirement plan beneficiaries
hundreds of millions of dollars.