In Finance
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Stocks making the biggest moves premarket: Morgan Stanley, UnitedHealth, Live Nation and more
These are the stocks posting the largest moves in premarket trading.
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Morgan Stanley Traders Rally Past Estimates as Profits Rises 14%
Morgan Stanley’s traders delivered first-quarter revenue that exceeded expectations as its wealth management juggernaut also got back on track — both handing a key win for its new leader Ted Pick.
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Bank of America profits drop as key lending revenue weakens
The results from the nation's second-largest lender offer the latest example of how even the biggest banks are increasingly challenged by high interest rates.
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Morgan Stanley tops expectations on wealth management, trading and investment banking results
How did Morgan Stanley CEO Ted Pick do in his first quarter leading the company?
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'This Is Our Notre Dame!' Fire Engulfs Copenhagen's Iconic Old Stock Exchange
Emergency services rushed to contain the fire and secure valuables at the Danish capital's iconic old stock exchange.
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Bank of America profit falls on lower customer interest payments
BofA is among the large lenders, including rival JPMorgan, that are weighing the potential for the U.S. Federal Reserve to cut interest rates this year. The move could crimp banks' income from interest payments, but could potentially spur economy activity and borrower demand. BofA's net interest income (NII) -- the difference between what it earns on loans and pays for deposits -- slid 3% to $14 billion in the quarter due to higher deposit costs and modest loan growth.
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ACWA nabs Bank of China debt for Uzbek solar-storage project
Saudi Arabia’s ACWA Power Co (TADAWUL:2082) has clinched a debt financing deal with the Bank of China, providing it with cash to support a 200-MW solar pro
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Bank of America tops estimates on better-than-expected interest income, investment banking
Will Bank of America follow rivals in posting better-than-expected Wall Street revenue?
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ACWA Power secures landmark $80m bridge loan from Bank of China for Uzbekistan projects
RIYADH: Saudi energy giant ACWA Power has secured an $80 million equity bridge loan from the Bank of China for its Uzbekistan initiatives. According to an official press release, the payment is split equally between Chinese yuan and US dollars, marking the first loan cooperation deal by a bank from the Asian country using its native currency involving a company from the Kingdom. ACWA Power said the fund will boost its Tashkent 200 megawatts solar photovoltaic power plant and 500...
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Qatari banks among Forbes ‘30 Most Valuable Banks 2024’ list
Doha, Qatar: Six Qatari banks have been ranked among 30 Most Valuable Banks 2024 list in the Middle East by Forbes magazine. The list includes QN
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Euronet Worldwide (NASDAQ:EEFT) Receives Buy Rating from DA Davidson
DA Davidson reissued their buy rating on shares of Euronet Worldwide (NASDAQ:EEFT – Free Report) in a report published on Monday morning, Benzinga reports. DA Davidson currently has a $126.00 price objective on the business services provider’s stock. EEFT has been the topic of a number of other research reports. StockNews.com raised Euronet Worldwide from
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Eco-friendly data centers help drive $6.3 billion of green investment in Southeast Asia, but report shows more needed
Southeast Asia saw an uptick in green investments in 2023, with a boost from green data center projects, though funding remains insufficient, says a report.