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financials,

Ameriprise Financial’s Q4 profit rises as fees, AUM climb

January 24, 2024
Ameriprise financial's q4 profit rises as fees, aum climb - photo licensed by shore news network.

(Reuters) – Ameriprise Financial reported a rise in fourth-quarter adjusted profit on Wednesday, as the financial adviser benefited from higher fees and assets under management. …

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Hedge fund shorts on banks and financials reach 4-month peak- Goldman

January 15, 2024

By Nell Mackenzie LONDON (Reuters) – Global hedge funds kicked off the largest net selling of U.S. financial stocks in 16 weeks just as earning …

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Hedge funds have lowest exposure to financials since March 2020 -Goldman

December 11, 2023
Hedge funds have lowest exposure to financials since march 2020 -goldman - photo licensed by shore news network.

By Nell Mackenzie LONDON (Reuters) – Global hedge funds sold financial stocks for a 10th week running in the week ending Dec. 8 and now …

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Hedge funds sold stocks last week, led by financials and staples

December 5, 2023December 5, 2023
Hedge funds sold stocks last week, led by financials and staples - photo licensed by shore news network.

NEW YORK (Reuters) – Global hedge funds sold more than bought equities for a third consecutive week last week, dumping shares mainly in consumer staples …

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China’s Zeekr reveals revenue surge in updated financials ahead of US IPO

November 24, 2023November 24, 2023
China's zeekr reveals revenue surge in updated financials ahead of us ipo - photo licensed by shore news network.

(Reuters) – China-based Zeekr Intelligent’s revenue nearly doubled in the first nine months of the year, the electric car brand revealed in its updated paperwork …

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Alstom’s main shareholder CDPQ welcomes action plan to improve group financials

November 15, 2023
Alstom's main shareholder cdpq welcomes action plan to improve group financials - photo licensed by shore news network.

PARIS (Reuters) – Canadian investment group CDPQ, Alstom’s largest shareholder, on Wednesday welcomed the trainmaker’s action plan to improve its financial situation. “Alstom has undertaken …

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Prudential Financial’s third-quarter profit boosted by US unit growth

November 1, 2023
Prudential financial's third-quarter profit boosted by us unit growth - photo licensed by shore news network.

(Reuters) – Prudential Financial reported a rise in third-quarter adjusted profit on Wednesday, as the insurer’s U.S. unit logged strong growth driven by higher net …

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Chile’s Codelco to meet obligations as financials deteriorate -JPMorgan

September 26, 2023September 26, 2023
Chile's codelco to meet obligations as financials deteriorate -jpmorgan - photo licensed by shore news network.

SANTIAGO (Reuters) – Chile’s Codelco, the world’s largest copper producer, will meet its financial obligations despite headwinds from a series of operational problems and from …

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Birkenstock reveals 21% revenue jump in updated financials ahead of IPO

September 15, 2023
Birkenstock reveals 21% revenue jump in updated financials ahead of ipo - photo licensed by shore news network.

(Reuters) – German premium footwear maker Birkenstock Holding’s revenue jumped 21% in the nine months ended June 30, it said in updated paperwork for a …

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AI mania, financials and energy stocks boost hedge fund gains

August 7, 2023
Ai mania, financials and energy stocks boost hedge fund gains - photo licensed by shore news network.

NEW YORK (Reuters) – Equity hedge funds ended July with gains of 7.83% so far this year, helped by technology, financials and energy stocks, data …

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Insurer Prudential Financial’s profit rises on strong gains in U.S. unit

August 1, 2023
Insurer prudential financial's profit rises on strong gains in u. S. Unit - photo licensed by shore news network.

(Reuters) – Prudential Financial on Tuesday reported a 21.5% rise in second-quarter adjusted profit as the insurer’s U.S. unit benefited from a higher net investment …

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Regions Financial’s quarterly profit meets estimates on net interest income boost

July 21, 2023

(Reuters) – Regions Financial’s second-quarter profit met Wall Street estimates on Friday, as higher interest income offset the drag from bigger provisions. Lenders have earned …

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PNC Financial’s interest income forecast trim clouds upbeat quarter

July 18, 2023July 18, 2023
Pnc financial's interest income forecast trim clouds upbeat quarter - photo licensed by shore news network.

(Reuters) – PNC Financial Services Group on Tuesday cut its forecast for full-year net interest income (NII), casting a shadow over the lender’s second-quarter earnings …

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Brazil’s Americanas rushes to produce new financials, strike deal with debt holders

June 22, 2023June 22, 2023
Brazil's americanas rushes to produce new financials, strike deal with debt holders - photo licensed by shore news network.

By Carolina Pulice MEXICO CITY (Reuters) – Brazilian retailer Americanas SA is scrambling to finalize its fourth-quarter income statement even as it redoubles efforts to …

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European junk bond index hits three-month high; financials indices rise

March 15, 2023
European junk bond index hits three-month high; financials indices rise - photo licensed by shore news network.

LONDON (Reuters) – The cost of insuring exposure to European junk bonds hit its highest in three months on Wednesday, as shares in banking stocks …

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Japanese shares end higher on Wall Street gains, financials weigh

December 26, 2022
Japanese shares end higher on wall street gains, financials weigh - photo licensed by shore news network.

TOKYO (Reuters) – Japanese shares ended higher on Monday, underpinned by Wall Street’s strength in the previous session, with heavyweight technology and energy stocks leading …

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