Dealmaking among private equity firms and in the sports and video games sectors has gone full steam ahead amid a global M&A freeze.
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Wells Fargo said Tuesday that it will sell most of its commercial mortgage servicing business to Trimont, a global loan services provider.
Famed activist investor Carl Icahn agreed to pay $500,000, and his Icahn Enterprises $1.5 million, to settle civil charges from the SEC.
The S&P 500, having recovered all its losses from earlier this month, sits just less than 2% away from the all-time peak it reached in July.
Coca-Cola was one of several companies whose earnings last week flashed positive signs, despite the hail of uncertainty around tariffs.
GoDaddy now sits just outside the top 10 performing companies in year-to-date returns, outpacing everyone in the Mag-7 except for Nvidia.
UBS appears to have regained its form, reporting $1.1 billion in net income for the second quarter, doubling analyst estimates.
Canada’s Scotiabank, one of the country’s big six lenders, announced Monday that it bought a 14.9% stake in US regional lender KeyCorp.
Top of the list is a warning over the rise of 24-hour trading, just as the Nasdaq and the New York Stock Exchange pursue it.
In a carry trade, you borrow money in a country with low interest rates and use it to buy a higher-interest-rate currency like the dollar.
After months of criticism for listing over 400 penny stocks, Nasdaq is proposing tightened rules to crack down.
Major US banks are being probed by the Consumer Financial Protection Bureau (CFPB) over how they handle fraud on P2P payments app Zelle.
Buffett acolytes are primed to be receptive to new ideas after Berkshire’s more contrarian bets over the last decade have proven prescient.
Tariff-induced uncertainty and related market jitters stalled what was expected to be a rebound year for mergers and acquisitions.
When yields rise, it suggests a selloff, and it also means likely higher costs of borrowing for companies as well as the government.
Traders betting against SPY, an exchange traded fund that tracks S&P 500 stocks, racked up more than $6 billion in profits this month.