On Friday, the S&P 500 rose 0.3%, posting a 2.3% gain for October and marking its sixth straight monthly advance. The NASDAQ Composite gained 0.6% for the day and climbed nearly 4.7% for the month, ...
Westpac also said it will sell its RAMS mortgage unit– worth at least A$21 billion– to a consortium including Pepper Money, KKR, and Pimco. The sale will be at a “slight premium to the gross loan ...
Debt/EBITDA rose to 2.5x from 1.9x during the same period based on Moody’s preliminary calculations. The rating agency ...
Investing.com -- Federal Reserve Governor Christopher Waller stated Friday that the central bank should cut interest rates ...
CFO Amy Hood said demand “again exceeded supply across workloads even as we brought more capacity online.” Morgan Stanley ...
Investing.com -- Warren Buffett will release a letter to his three children and Berkshire Hathaway shareholders on November 10, according to the Wall Street Journal, which cited information from ...
Hammack noted that inflation pressures are "broader than tariffs" with "core services strong," and mentioned the presence of ...
AbbVie has lifted its annual profit guidance, after solid demand for the pharmaceutical group’s Skyrizi psoriasis drug helped ...
Investing.com -- Bank of America analyst Yuri Seliger told investors in a note this week that the surge in borrowing to fund ...
Utilities tumbled 2.3%, marking the lowest activity since May 2018, as drought conditions hit hydroelectric generation. In the wood product manufacturing subsector, output fell 1.9% in August in the ...
Investing.com -- S&P Global Ratings has revised its outlook on Charles Schwab to positive from stable, while affirming its ’A ...
Investing.com -- The Trump administration is preparing to attack military installations inside Venezuela, targeting ...