Jpmorgan is clear winner amidst panic-driven chaos

JPM produced a massive profit of $12.6b in Q1, or $4.10 per share on $39.3B of revenue. JPM is picking ...

April 15, 2023, 10:23 am

Federal reserve emergency lending fell on the week

USD139bn vs. 148bn the previous week.Federal Reserve Balance Sheet USD 8.665tln prior 8.682tlnDiscount Window borrowing 67....

April 13, 2023, 8:47 pm

Tesco's £2.6bn profit branded 'astonishing corporate greed' as customers struggle

Outside the City of London, reactions to Tesco PLC (LSE:TSCO) results were less positive, with the results seen as “astonishing corporate greed�...

April 13, 2023, 11:01 am

Profits at apple's subsidiary in ireland rise to $69bn

Apple's main Irish subsidiary paid €7.7bn (£6.8bn ) in corporation tax last year, but paid out nearly triple that amount in dividends to its Califo...

April 9, 2023, 12:54 pm

Disney, warner, netflix and an unquenchable thirst for content - part one

Warner's apparent eagerness to do business with JK Rowling in order to bring Harry Potter's Wizarding World to the small-screen for HBO, despite an in...

April 7, 2023, 7:52 am

Ascendis pharma: is dip on transcon application a buy opportunity?

Ascendis has enjoyed a market cap valuation of >$6bn thanks to its TransCon technology platform and sin...

April 6, 2023, 3:11 pm

Western alliance deposits fell 11% in q1 to $47.6b

Western Alliance "experienced elevated net deposit outflows surrounding the announcements of the Silicon Valley Bank and Signature Bank closures," the...

April 5, 2023, 2:25 pm

Glencore faces battle to convince teck shareholders to accept $26b offer

The future of Glencore PLC (LSE:GLEN) $23 billion bid for Canada's Teck Resources Ltd (TSX:TECK.B) hangs in the balance of its shareholders and the mi...

April 5, 2023, 1:38 pm

Tourmaline: another year of special dividends

With free cash flow guidance of $2.6b, Tourmaline intends to return 50-90% of free cash flow to shareho...

April 3, 2023, 11:31 am

Deutsche bank has been a problem child,' says author

The most recent leg of the ongoing bank crisis saw First Citizens BancShares (FCNCA) move to acquire the collapsed Silicon Valley Bank. First Citizens...

March 27, 2023, 2:24 pm

First citizens bank takes over collapsed lender silicon valley bank

North Carolina-based lender First Citizens Bank has sealed a deal to buy collapsed lender Silicon Valley Bank, taking on US$5...

March 27, 2023, 3:16 am

Microsoft's £56bn activision blizzard takeover moves closer as watchdog drops concerns

Britain's competition watchdog has provisionally dropped concerns that Microsoft's proposed takeover of Activision Blizzard would damage the UK consol...

March 24, 2023, 1:24 pm

Ford to build next-gen ev truck at $5.6b factory in 2025

Ford said Friday that its $5.6 billion BlueOval City complex outside of Memphis, Tennessee will include a truck plant capable of producing 500,000 ele...

March 24, 2023, 9:43 am

Finvolution: chinese fintech with huge ai tailwinds

FinVolution is a thriving fintech company which is poised to benefit from the growth in China's middle class population and strong economy. The compan...

March 20, 2023, 5:52 pm

Zara owner and h&m with contrasting results

Zara owner Inditex and Swedish fashion retailer H&M reported a contrasting set of full-year results. Inditex, which also owns Pull & Bear and Bershka,...

March 15, 2023, 11:52 am

Cvent to go private again in $4.6b blackstone deal

Meetings and events management software provider Cvent is to be taken private yet again, as part of a $4.6 billion transaction involving two of the bi...

March 14, 2023, 11:08 am

Petrobras (pbr) to invest $6b in sustainable exploration

Brazil-based Petrobras (PBR) is well poised to navigate the challenges of the energy industry in Latin America and beyond, with a focus on sustainabil...

March 13, 2023, 8:26 am

Jpmorgan analysts warned about silicon valley bank's $16b in ‘unrealized losses' in november

SVB — which collapsed Friday — was the subject of a Nov. 15 report issued by the JPMorgan North America Equity Research Team for customers paying ...

March 12, 2023, 6:11 pm

Moex fx market 2022 income grows 35% despite trading volume decline

Moscow Exchange (MOEX) published its annual results for 2022, reporting a 9.8 percent decline in its overall fees and commission income to RUB 37.5...

March 10, 2023, 10:40 am

Canadian january trade balance +1.92b vs -0.06b expected

• Prior was -0.16b (revised to +1.2B)
• Exports +67.02B vs +62.97B prior
• Imports +6...

  March 8, 2023, 1:30 pm