Carlyle secured lending: q2 update - a so-so quarter in an overall strong trend

Carlyle Secured Lending reported a 0.5% total NAV return in Q2, underperforming the sector due to a writedown<...

September 13, 2023, 1:49 pm

China's xpeng falls on dull forecast as ev price war takes toll

Xpeng , on Friday forecast third-quarter revenue below analysts' expectations and reported a hit to margins following an inventory ...

August 18, 2023, 7:17 am

Microstrategy returns to profitability with bitcoin rebound

MicroStrategy Inc., the enterprise-software maker that is the largest publicly-traded holder of Bitcoin, returned to profitability in the second quart...

August 1, 2023, 10:29 pm

Microstrategy returns to profitability with rebound in bitcoin

MicroStrategy Inc., the enterprise-software maker that is the largest publicly-traded holder of Bitcoin, returned to profitability in the second quart...

August 1, 2023, 9:14 pm

Goldman sachs reports slump in 2q earnings on greensky writedown, fewer deals

Goldman Sachs (NYSE:GS) has reported a sharp decline in second-quarter earnings after the investment bank wrote down its investment in home improvemen...

July 19, 2023, 9:04 am

Shell expects lower trading in gas business, takes us$3bn writedown

Shell PLC said it expects second-quarter trading at its gas division to be "significantly lower" compared with the previous quarter, due to seasonal ...

July 7, 2023, 2:38 am

Goldman (gs) likely to see notable writedown on greensky sale

Goldman (GS) is expected to see a notable writedown for the sale of its consumer lending platform, Gree...

June 26, 2023, 12:01 pm

What the heck is going on at goldman sachs

It's been non-stop negativity over at Goldman Sachs recently. The latest: Another big departure, the prospect of a large ...

June 23, 2023, 3:36 pm

Goldman sachs reportedly facing writedown on troubled $2.2b greensky deal

"One bidder said GreenSky is worth roughly $300 million, while another said it was worth closer to $500 million," according to the report....

June 23, 2023, 12:37 pm

Goldman sachs stock falls amid reports of big writedown on ceo's greensky deal: report

Goldman Sachs (NYSE:GS) faces a significant writedown on its investment in GreenSky as it seeks buyers ...

June 23, 2023, 9:49 am

Goldman sachs faces big writedown on greensky deal, cnbc reports

Goldman Sachs is likely to take a large writedown for its $2.2 billion acquisition of fintech lender Gr...

June 23, 2023, 9:42 am

Goldman sachs faces big writedown on ceo david solomon's ill-fated greensky deal

The turbulence marks the latest fallout from CEO David Solomon's decision to exit most of Goldman's consumer efforts....

June 23, 2023, 8:50 am

Foxconn shares fall after apple supplier's q1 profit plunges

Shares of Foxconn fell more than 2% on Friday after the Apple Inc supplier's quarterly profit missed forecasts and it cited a big ...

May 11, 2023, 9:11 pm

Adidas reports slightly better sales, but still expects loss from yeezy writedown

Adidas XE:ADS is still looking at options for leftover Yeezy stock but continues to expects a major operating loss this year if it writes off the snea...

May 5, 2023, 2:23 am

More credit suisse bondholders join group appeal against finma decision

More plaintiffs joined a group appeal against Swiss regulator FINMA over a 16 billion Swiss franc ($18.09 billion) ...

May 4, 2023, 3:24 am

Michael saylor’s microstrategy books a much smaller bitcoin impairment charge

Michael Saylor’s MicroStrategy booked a far smaller accounting writedown tied to its bitcoin (BTC) ho...

May 1, 2023, 9:29 pm

First republic's strategic options "very challenging" - fitch

First Republic Bank's strategic options are "very challenging" because any potential sale is unlikely without the lender taking big ...

April 25, 2023, 3:10 pm

Credit suisse saw $69 billion of outflows in 1q

Credit Suisse Group AG reported $69 billion of outflows in the first quarter and took a large writedown...

April 24, 2023, 3:01 am

Credit suisse investors sue swiss regulators over $18b debt writedown (updated)

Investors holding more than CHF 4.5B ($5.1B) of Credit Suisse (CS) bonds have sued Swiss financial regulators after their investments were wiped out a...

April 23, 2023, 4:59 am

News nuggets | 30 march: saxo's new portal; jpx gets into defi

EU Regulators Step Back from Credit Suisse writedowns

Euro...

March 30, 2023, 9:33 am