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Five Below Slumps to 2020 Low as Retailer Loses Analysts’ Faith
Bloomberg via Yahoo Finance Canada· 10 hours ago(Bloomberg) -- Wall Street’s enthusiasm for Five Below Inc. plummeted along with its shares...
‘AI laggards’ find favour as Magnificent Seven stocks lose lustre
Financial Post· 15 hours agoBetting that the Magnificent Seven may be running out of steam after an 18-month rally, some...
Wall Street Starts Calling Time on ESG Labels After Backlash
Financial Post· 22 hours agoThe red carpet is being formally rolled up for the three letters, ESG. In its place is...
Morgan Stanley earnings: Why profits were up 47%
The Forex Market· 22 hours agoMorgan Stanley beat earnings estimates as profits rose 47%. The financial services firm got a big boost from investment banking. Financial services...
Morgan Stanley's investment banking surge solidifies Wall Street dealmaking revival
Yahoo Finance· 2 days agoA 51% jump in Morgan Stanley's investment banking fees reinforced a dealmaking revival across Wall...
Bank of America leans on Wall Street as high rates pose challenges to Main Street operations
AOL· 2 days agoSecond quarter profits at Bank of America (BAC) fell 7% from a year ago as its consumer operations wrestled with higher interest rates, but it was able to churn out more investment banking fees ...
India’s Vedanta Seeks $1 Billion in Upsized Share Placement
Bloomberg via Yahoo Finance Canada· 2 days ago(Bloomberg) -- Vedanta Ltd., the Indian mining company controlled by billionaire Anil Agarwal, is...
Bankers Chase More M&A in Malaysia Amid Stock Market Rally
Financial Post· 2 days agoThe volume of mergers and acquisitions has surged 87% from a year ago to $8.3 billion, while APAC as...
Dow closes at record high after attempted Trump assassination fuels red wave hope
USA TODAY via Yahoo Finance Canada· 2 days agoCompanies just started reporting second-quarter results, with major banks like Goldman Sachs, ...
Poorer consumers feel economic slowdown, rich ones don't
Axios· 3 days agoAffluent Americans say the economy is just fine — and they're spending like it is, too. Why it...