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Dow Hits More Records
Baystreet· 18 hours agoCanada's main stock index opened higher on Tuesday after data showed domestic annual inflation eased more than expected in June, boosting hopes for another rate cut by the Bank of Canada. The TSX Composite Index jumped 118.16 points to kick off ...
TSX Still on March
Baystreet· 18 hours agoCanada's main stock index opened higher on Tuesday after data showed domestic annual inflation eased more than expected in June, boosting hopes for another rate cut by the Bank of Canada. The TSX Composite Index jumped 118.16 points to kick off ...
Morgan Stanley profit surges on investment banking, trading, while wealth lags
StreetInsider· 18 hours agoThe bank joined other Wall Street lenders, including Bank of America and JPMorgan in reporting higher investment banking revenue, fueled by growing confidence in the U.S. economy that prompted ...
Morgan Stanley’s Profit Rises 41% As Investment Banking Rebounds
Baystreet· 19 hours agoMorgan Stanley (MS) has reported a 41% surge in its second-quarter profit due to a rebound in...
Blackstone, CVC Weigh Bids for Carlyle’s StandardAero
Bloomberg via Yahoo Finance Canada· 19 hours ago(Bloomberg) -- Blackstone Inc. and CVC Capital Partners Plc are among the private equity firms...
Morgan Stanley Traders, Bankers Top Estimates as Wealth Lags
Bloomberg via Yahoo Finance Canada· 19 hours ago(Bloomberg) -- Morgan Stanley’s traders joined the party across Wall Street in the second quarter...
Apple stock overtakes Microsoft on increased AI expectations
AppleInsider· 19 hours agoApple's stock has risen sharply to take it ahead of Microsoft again, following investment analysts...
Swiss Luxury Watch Market Succumbs to a Brutal China-Led Slump
The Business of Fashion· 19 hours agoSales of Swiss-made luxury watches are in sharp retreat as nervous consumers reconsider splashing...
Equity traders fuel US bank profits as stock markets rally
Reuters via Yahoo Finance Canada· 20 hours ago(Reuters) -Equity traders rode high in the second quarter, propelling earnings across Wall Street...
Morgan Stanley's wealth business slowdown overshadows profit beat
StreetInsider· 20 hours agoThe bank's wealth business had flourished under former CEO James Gorman, generating more stable revenue than more volatile market-sensitive businesses such as investment banking and trading. It aims to manage $10 trillion in client assets.
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