By Saeed Azhar and Niket Nishant NEW YORK (Reuters) -Goldman Sachs’ profit more than doubled in the second quarter and beat analysts’ estimates on strong debt underwriting and fixed-income[...]
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July 18, 2024
Goldman Sachs names senior dealmakers in reshuffle, memo says
(Refiles to fix typographical error in paragraph 1) LONDON (Reuters) – Goldman Sachs has made a handful of senior leadership appointments within its investment banking team, according to an inte[...]
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Blackstone posts modest Q2 profit jump on private equity, credit gains
By Echo Wang NEW YORK (Reuters) -Blackstone said on Thursday its second-quarter distributable earnings rose 3% from a year earlier, as a jump in asset sales in its private equity and credit divisions[...]
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D.R. Horton’s home sales forecast, $4 billion buyback send shares to record high
By Ananta Agarwal (Reuters) -D.R. Horton tightened its annual forecast for home sales and beat Wall Street estimates for quarterly profit on Thursday, as historically low U.S. supplies prop up demand[...]
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ECB hawks open to September rate cut if data supports it, sources say
FRANKFURT (Reuters) – Even some of the European Central Bank’s more hawkish policymakers are open to an interest rate cut in September, provided incoming data confirm that disinflation is[...]
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Insurance broker TWFG’s shares rise nearly 30% in market debut
(Reuters) – Insurance broker TWFG’s shares gained nearly 30% in their Nasdaq debut on Thursday, signaling strong investor demand for new stocks as the U.S. initial public offering market a[...]
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ECB keeps rates unchanged, September move “wide open”
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) -The European Central Bank kept interest rates unchanged as expected on Thursday but said September’s meeting was “wide open[...]
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Hyundai Motor America to recall nearly 67,000 vehicles in the U.S, NHTSA says
(Reuters) – Hyundai Motor America is recalling nearly 67,000 vehicles in the U.S., the U.S. National Highway Traffic Safety Administration said on Thursday. The company is recalling about 54,647[...]
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OpenAI unveils cheaper small AI model GPT-4o mini
(Reuters) -ChatGPT maker OpenAI said on Thursday it was launching GPT-4o mini, a cost-efficient small AI model, aimed at making its technology more affordable and less energy-intensive, allowing the s[...]
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