Posted at 15:41h
in
News
by KMFSLLP
A combination of Brexit and a sluggish economy may deter the Bank of England
...
Posted at 13:06h
in
News
by KMFSLLP
Italy's top insurer Generali
said on Wednesday it was eyeing acquisitions in
non-life insurance and asset management as its cash pile grew on
the back of disposals and stronger operations.
...
Posted at 12:57h
in
News
by KMFSLLP
Italy's biggest retail bank Intesa
Sanpaolo said on Wednesday it was on track to meet its
midterm targets after posting better-than-expected net profit
for the three months through June despite weakening core
revenues.
...
Posted at 12:41h
in
News
by KMFSLLP
U.S. Treasury yields climbed to
fresh session highs on Wednesday after the government said it
intends to increase its borrowing from the bond market in the
coming quarter to fund its spending and debt obligations.
Posted at 12:39h
in
News
by KMFSLLP
Sprint Corp on Wednesday topped
analysts' estimates for quarterly profit, helped by surprise
growth in wireless subscribers in a competitive U.S. wireless
market.
...
Posted at 12:36h
in
News
by KMFSLLP
Humana Inc topped Wall Street
expectations for second-quarter profit on Wednesday as it sold
more Medicare Advantage healthcare plans to the elderly and the
disabled, prompting the U.S. health insurer to raise its
full-year earnings forecast.
Posted at 12:29h
in
News
by KMFSLLP
U.S. 10-year Treasury yield
added to its earlier rise on Wednesday, within striking distance
of 3 percent after ADP said domestic private employers added
219,000 workers in July, more than 185,000 forecast among
analysts polled by Reuters.
Posted at 12:20h
in
News
by KMFSLLP
Societe Generale
is in talks with South African lender Absa about
selling its local unit as the French bank prepares to pull out
of Africa's most industrialised economy, two sources familiar
with matter said.
Posted at 12:07h
in
News
by KMFSLLP
The Sri Lankan rupee ended
marginally firmer in dull trade on Wednesday as selling off
dollars by banks surpassed mild demand for greenbacks from
importers, traders said.
...
Posted at 12:00h
in
News
by KMFSLLP
Argentine companies have
launched the biggest wave of share buybacks in a decade, a
Reuters review of securities filings shows. The firms say the
buybacks show faith in their share prices, but some skeptical
analysts see a hesitancy to invest that may signal the economy
is sliding toward recession.