Posted at 10:56h
in
News
by KMFSLLP
Baker Hughes' quarterly
adjusted profit more than doubled on Wednesday, boosted by
higher demand for its oilfield services in international markets
as well as more orders for LNG projects.
...
Posted at 10:31h
in
News
by KMFSLLP
Carlyle Group LP emulated its
peers on Wednesday with plans to convert from a publicly traded
partnership into a corporation, and went one step further by
announcing it will become the first U.S. private equity firm to
hold shareholder votes.
Posted at 10:28h
in
News
by KMFSLLP
General Electric Co swung back to
a financial loss in the second quarter, as the restructuring of
its ailing power business drained more cash than expected from
its otherwise profitable industrial unit.
...
Posted at 10:20h
in
News
by KMFSLLP
Singapore Exchange Ltd
reported record revenue for the quarter ending June
and its net profit rose 24%, boosted by strong performance at
its derivatives business, while its securities business also
improved.
...
Posted at 10:12h
in
News
by KMFSLLP
* GrandVision shares jump 6%, EssilorLuxottica up 3.5%
(Adds details, comment, shares)
...
Posted at 10:12h
in
News
by KMFSLLP
Tory leader meets with five local parties during first visit as prime minister to region
...
Posted at 10:06h
in
News
by KMFSLLP
Japan's Mitsubishi UFJ Financial
Group on Wednesday posted a 24% jump in first-quarter
profit, as the sale of foreign bonds and other one-off gains
helped it ride out weakness in its core banking business.
Posted at 10:03h
in
News
by KMFSLLP
* Lower cost of risk guidance in Turkey to 250 bps in 2019
(Adds comments from CEO on Turkey, detail on South America)
...
Posted at 10:00h
in
News
by KMFSLLP
Democratic presidential
front-runner Joe Biden and rival Kamala Harris will stage a
rematch of last month's explosive debate confrontation during
Round 2 on Wednesday, with a re-energized Biden promising a more
aggressive approach.
...
Posted at 10:00h
in
News
by KMFSLLP
A decision by the
Federal Reserve to cut interest rates may do little at this
point to cut some of the costs that matter to many U.S.
consumers.
From mortgages to credit cards, banks and other lenders may
resist offering substantially lower rates to consumers, analysts
said,...