Hedge funds land bonuses despite returns below bank savings rates -Goldman
By Nell Mackenzie LONDON (Reuters) – Most investors still award bonuses to hedge funds even if their investments do not earn as much as a bank savings account would, Goldman…
By Nell Mackenzie LONDON (Reuters) – Most investors still award bonuses to hedge funds even if their investments do not earn as much as a bank savings account would, Goldman…
(Reuters) – Equinix forecast third-quarter revenue below market estimates on Wednesday, a sign that demand for data centers was slowing as businesses curtail spending in an uncertain economy. Shares of…
(Reuters) – Alaska Air Group on Tuesday forecast its annual revenue below estimates on early signs of cooling ticket prices, sending its shares down 6.3% in premarket trading. U.S. inflation…
(Reuters) – US Bancorp forecast full-year net interest income (NII) below Wall Street estimates, sending the lender’s shares down more than 1% in premarket trading on Wednesday. The weak forecast…
By Kavya Guduru (Reuters) – Oil prices will creep up from current levels as major producer group OPEC+ maintains restrictions on supplies, but economic headwinds will keep them below $90…
(Reuters) – BorgWarner Inc on Thursday forecast full-year sales below analysts’ estimates as supply chain issues continued to weigh on the auto supplier, sending the company’s shares down nearly 2%…
(Reuters) – Wealth manager Northern Trust Corp reported lower-than-expected first-quarter profit on Tuesday, as lower asset management fees dragged down gains from higher interest rates. The results come close on…
(Reuters) – New vehicles’ average transaction price fell below the manufacturer’s suggested retail price (MSRP) for the first time in 20 months, according to data published by automotive research company…
TOKYO (Reuters) – Japan’s economic output ran below full capacity for the 11th straight quarter in October-December, central bank data showed on Wednesday, suggesting that conditions for ending ultra-low interest…
(Reuters) -CoStar Group said on Tuesday it was no longer in talks to buy Realtor.com owner Move Inc from News Corp and forecast disappointing first-quarter revenue that sent its shares…
SAN JUAN, Puerto Rico— U.S. Customs and Border Protection (CBP) officers seized 99.2 pounds (45 kilos) of cocaine concealed below the bow of the M/V Lyktos arriving from the Dominican…
KUALA LUMPUR (Reuters) – Malaysia’s exports rose 1.6% from a year earlier in January, slower than expected, government data showed on Monday. January’s exports had been forecast to expand 7.4%,…
(Reuters) – Property developer China Evergrande Group said on Wednesday an independent committee found its directors fell “below standards” through their involvement in diverting loans secured by unit Evergrande Property…
(Reuters) – U.S. defense contractor Leidos Holdings Inc forecast lower-than-expected 2023 profit as the industry struggles with labor shortages, higher costs and lingering supply chain bottlenecks. The Reston, Virginia-based company…
(Reuters) – Newell Brands Inc said its top boss Ravi Saligram will retire effective May 16 and forecast annual results below analysts’ estimates, sending the Sharpie maker’s shares down 11%…
(Reuters) -Tenet Healthcare Corp on Thursday beat Wall Street estimates for fourth-quarter results as growth in its outpatient service business put concerns around the hospital operator’s weak 2023 forecast at…
Feb 1 (Reuters) – Italian EU-harmonised consumer prices (HICP) fell a preliminary 1.3% month-on-month in January, with annual inflation slowing to 10.9% from 12.3% in December, data showed on Wednesday.…
Wholesale Prices Drop Below Expectations, But Continue To Hammer Producers To Close Out 2022 John Hugh DeMastri on January 18, 2023 Wholesale prices dropped below investor expectations while still remaining…
TOKYO (Reuters) – Japan Industrial Partners (JIP), the preferred bidder to buy out Toshiba Corp, may lower the valuation from the planned 2.2 trillion yen ($16.09 billion) to levels below…
MOSCOW (Reuters) – The average price for Russia’s Urals oil blend was $57.49 per barrel between Nov. 15 and Dec. 14, Russia’s Finance Ministry said late on Thursday, below the…
BANGKOK(Reuters) – Thailand’s headline consumer price index (CPI) rose by a less-than-expected 5.55% in November from a year earlier, the slowest pace in seven months, helped by lower food prices,…
COLOMBO (Reuters) – Sri Lanka’s inflation would likely be below 4%-5% by the end of next year if the current fiscal policies are maintained, central bank governor Nandalal Weerasinghe said…
(Reuters) – The average interest rate on the most popular U.S. home loan saw its largest single-week decline since July, dropping back to just below 7%, as signs inflation has…
BRASILIA (Reuters) – Economic activity in Brazil resumed expansion in September, though below expectations, still ending the quarter with positive data, central bank data showed on Monday. The IBC-Br economic…
PRAGUE (Reuters) – Czech central bank Governor Ales Michl said on Monday the state budget deficit needed to shrink and nominal wages should not rise too quickly next year, as…