What CFOs Are Saying About Higher-for-Longer Rates
Interest rates were set to fall. Now, companies are hunting for ways to offset higher debt costs, making sure potential deals are worth the extra financing cost and bracing for more sales pressure.
Chinese Stocks Rebound, but Foundation for Rally Still Weak
Stocks in Chinese companies have bounced back, but investors have seen false dawns before.
Buybacks Are Back: Corporate America Is on a Spending Spree
Share repurchases in the first quarter are up sharply, led by Meta and Apple.
Binance Pledged to Thwart Suspicious Trading-Until It Involved a Lamborghini-Loving High Roller
Former company insiders say the firing of an internal investigator showed that the crypto exchange neglected evidence of market manipulation.
Blackstone Stock Punished Amid Breit, Economic Concerns
The private equity firm has underperformed in 2024.
Spain's BBVA Goes Hostile in Pursuit of Smaller Banking Rival Sabadell
Its $12 billion-plus stock offer comes four years after an earlier takeover attempt.
Robinhood Shares Jump on Earnings Beat, Surge in Net New Deposits
The company swung to a profit and reported record revenue for the first quarter.
FTX Is Rare Financial Blowup That Will Repay Victims in Full
The defunct cryptocurrency exchange said it will have more than enough money to fully repay its millions of swindled customers with interest.
CBA Reports Lower Profit as Margins Weaken
Commonwealth Bank of Australia posted a fall in third-quarter profit, reporting slightly lower margins as competition remains in the country's retail banking sector.
Nexi Shares Climb on Buyback, Profit Beat
The Italian payments company launched its up to $538 million buyback program after underlying earnings rose 9% in the first quarter.
(END) Dow Jones Newswires
05-09-24 0715ET
