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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Combined, Rocket and Mr. Cooper will service a $2.1 trillion loan book across 10 million clients, accounting for one in six US mortgages.
The deal will fuel industry consolidation and add roughly 2,900 independent advisors managing some $285 billion in assets to LPL’s ranks.
There are 53 fund shops asking permission from the SEC to tack on classes of mutual fund or ETF shares using a multi-share class structure.
Coca-Cola was one of several companies whose earnings last week flashed positive signs, despite the hail of uncertainty around tariffs.
Stablecoins are the Girl Scout cookies of the financial world, and everyone’s splurging for their own this spring.
The good times, they don’t last. But on Wednesday, we at least found out just how good the good times were.
The FAIR Plan, which insures California’s highest-risk homes, will only have about $305 million left by June.
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.
Analysts said they now expect US investment banking revenue to be flat this year, instead of jumping 32% as predicted previously.
The massive acquisition could give Google an edge as AI accelerates Big Tech’s race to win over cloud customers.
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.