Latest Updates Around The World
Veteran investor Madhu Kela acquired a 1.12% stake in Emkay Global during the December quarter, according to the company’s latest shareholding disclosure, signaling fresh interest in the mid-market brokerage and financial services firm.At the same time, top investor Dolly Khanna cut her stake in the company to 2.3% at the end of the December quarter, […]
The S&P 500 finished higher on Wednesday, with Morgan Stanley and Bank of America rallying after solid quarterly results, as investors continued to focus on the recent increase in trade tensions between China and the US. Shares of Morgan Stanley rose 4.7% to a record high, while Bank of America rose 4.4% after major lenders […]
JPMorgan Chase on Tuesday raised its full-year forecast for net interest income, after strong performance in its trading and investment banking businesses helped it beat expectations for third-quarter earnings. Economic resilience despite the risks of a rate war and hopes of rate cuts in the US have prompted companies to make big deals and consider […]
Citigroup reported a rise in third-quarter profit as all its divisions generated record revenue, sending the bank’s shares up about 1% in pre-bell trading. Citi and its peers benefited from a rebound in activity in the third quarter as companies struck mega-deals despite uncertainty over US President Donald Trump’s tariff policies. Net income in the […]
