A surge in sales and trading, driven in part by the blockbuster SpaceX mega IPO, is expected to power US Wall Street bank earnings in the second quarter, supported by solid fee growth from mergers and acquisitions advisory work, according to analysts and LSEG …
Payments firm Fiserv has held talks with several major US banks, including JPMorgan Chase and Bank of America, about selling its payments infrastructure business that handles debit card transactions, according to a source familiar with the matter. The potential divestment arrives as Fiserv pursues …
The Securities and Exchange Commission announced the formation of a new Retail Fraud Working Group aimed at identifying and combating fraud targeting individual investors. The initiative will draw on the agency's existing staff and resources to root out misconduct affecting what officials commonly refer …
Amazon is preparing to raise at least 25 billion dollars through a United States dollar denominated bond sale, with proceeds designated for general corporate purposes. Such language typically provides flexibility to cover debt repayment, potential acquisitions and ongoing capital investments, without committing the company …
Cboe Global Markets shares climbed 5.9 percent to 259.41 dollars after the exchange operator reported that June and second quarter trading volumes set records across multiple options venues, extending the stock's gain to 3.4 percent for the year. The results reflect continued strength in …
HSBC Holdings plc (NYSE:HSBC) shares pulled back modestly in trading today, retreating from a recent 52-week high, after the bank confirmed it is halting back-leverage financing to higher-risk private credit clients. HSBC is one of the world's largest banking and financial services organizations, headquartered …
For much of the past two years, elevated US equity valuations could be explained by strong expected earnings growth tied to artificial intelligence adoption, even as future return expectations diminished. A genuine speculative bubble, however, typically requires a further ingredient: a mania in which …
Coda Octopus Group has announced a key leadership transition with the appointment of Mark Kelly as its new Chief Financial Officer. This change follows the planned retirement of current Interim CFO Gayle Jardine, who will leave her position on August 3, 2026. Kelly’s appointment …
Tutor Perini Corporation (NYSE: TPC) has successfully completed a debt refinancing initiative, issuing new senior notes to replace more expensive obligations. The transaction reflects the company’s ongoing efforts to optimize its capital structure and enhance financial flexibility in a competitive construction sector. The notes …
Twin Disc Inc. Has successfully established a new credit agreement valued at $30 million, designed to enhance its financial liquidity and replace earlier arrangements made on February 14, 2025. This agreement involves pivotal players such as Kobelt Manufacturing Co. Ltd. As a guarantor and …