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Cleveland-Cliffs to Buy Canada’s Stelco for $2.8 Billion
Bloomberg via Yahoo Finance Canada· 1 day ago(Bloomberg) -- Cleveland-Cliffs Inc. agreed to buy Canadian steelmaker Stelco Holdings Inc. for...
Albemarle Stock Is Lower Again. Now It’s Been Downgraded.
Barrons.com· 6 days agoEarlier in the week analysts cut price targets on the stock. Now there’s a downgrade for investors...
Equity traders fuel US bank profits as stock markets rally
Reuters via Yahoo Finance Canada· 10 hours ago(Reuters) -Equity traders rode high in the second quarter, propelling earnings across Wall Street...
Private credit is growing into a $3.5 trillion industry: Meet 9 execs leading the way
Fortune via Yahoo Finance Canada· 14 hours agoIt was at Goldman, where he ran the direct lending business, that he realized the opportunity...
Wells Fargo misses interest income estimates as deposit costs bite, shares slump
StreetInsider· 5 days ago"At this point in the year, we expect that to be in the upper half of that range, or approximately down 8% to 9%," Wells Fargo's finance chief, Michael Santomassimo, told ...
US bank executives discuss consumer outlook
Reuters via Yahoo Finance Canada· 6 hours agoBrian Moynihan said. "We expect net interest income (NII) will begin to rise in Q3 compared to Q2, and it will then rise again in Q4," CFO Alastair...
Insurers Tied to Apollo, KKR Buy Mortgages Outright in New Twist
Bloomberg via Yahoo Finance Canada· 5 hours ago(Bloomberg) -- Yield-hungry insurance firms are adopting an unconventional strategy: they’re...
Stock market today: Wall Street ticks higher as earnings season gets underway
Richmond News· 4 days agoThe S&P 500 rose 0.2% in early Friday trading. The Dow Jones Industrial Average was up 143 points,...
Wall Street Economists See Compelling Case for Fed to Cut Now
Bloomberg via Yahoo Finance Canada· 4 hours ago(Bloomberg) -- A growing number of Wall Street economists are cautioning the Federal Reserve is...
‘It’s a gambling machine’: Wells Fargo customer uses ATM for a ‘fast 40.’ He can’t believe what he...
The Daily Dot· 5 days ago'It’s inflation.'