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Rivian outlines path to profitability with $5B investment from VW Group
Automotive News· 4 days agoMcDonough said Rivian is expected by 2027 to have positive earnings before interest, taxes, depreciation and amortization, one measure of profitability. Morgan Stanley ...
Final curtain call nears for Atos restructuring saga
The Register· 1 day agoThe long-running Atos restructuring saga may finally be at an end with an agreement reached this week between the technology services ...
Why Wall Street is still worried about regional banks
Yahoo Finance· 2 days agoThe stock of Dallas regional bank First Foundation plummeted following a $228 million infusion, the...
Goldman (GS) & Others Boost Payouts Following Stress Test
Zacks via Yahoo Finance Canada· 4 days agoU.S. banks, including Goldman (GS), JPMorgan (JPM) and Bank of America (BAC), Citigroup (C), Fifth...
French and UK Stocks Outshine European Peers Ahead of Elections
Bloomberg via Yahoo Canada News· 1 day ago(Bloomberg) -- French stocks outperformed on Thursday, boosting the broader market, as polls showed...
Jefferies (JEF) Q2 Results Show Rebound in IB: Others to Follow?
Zacks via Yahoo Finance Canada· 3 days agoJefferies (JEF) Q2 results reflect a marked improvement in IB revenues. So, other banks - JPMorgan...
Stocks to watch as Biden and Trump vie for presidency
The Globe and Mail· 2 days agoThe first U.S. presidential debate saw President Joe Biden turning in a fitful performance,...
Saks-Neiman’s Merger Has Finally Arrived: What Are the Ramifications?
WWD via Yahoo Finance Canada· 2 days agoSalesforce will also become an investor at closing. In addition, HBC has...a $1.15 billion fully...
Parent company of Saks Fifth Avenue to buy Neiman Marcus for $2.65 billion
Toronto Star· 23 hours agoThe new entity will be called Saks Global, creating a luxury powerhouse at a time when the arena has become increasingly fragmented with different players, from online marketplaces ...
Why French election results matter more to financial markets than the UK vote
Sky News via Yahoo Canada News· 1 day agoForget the UK general election. The poll that financial markets will be watching most closely over...