investors

BlackRock profit beats as assets grow to a record $9.5 trillion

BlackRock Inc (BLK.N), the world's largest asset manager, reported a better-than-expected quarterly profit on Wednesday as investors poured more money…

4 years ago

AMC, GameStop shares fall to half of their June peaks

Shares of cinema operator AMC Entertainment (AMC.N) and video game retailer GameStop Corp (GME.N) fell sharply on Wednesday and were…

4 years ago

S&P 500 ends higher after Fed Chair Powell lulls market

The S&P 500 ended with a gain after briefly hitting an intra-day record in a choppy session on Wednesday, as…

4 years ago

AIG to sell life and retirement unit stake to Blackstone, another with IPO

American International Group Inc (AIG.N)plans to use an IPO to sell part of its life and retirement business, while Blackstone…

4 years ago

Facebook and Instagram will invest over $1 bln in content creators

Facebook Inc (FB.O) will spend $1 billion on social media creators through the end of 2022 in a fight for…

4 years ago

EXCLUSIVE Wealth manager Americana Partners bid $25 a share for Westwood Holdings Group

Wealth manager Americana Partners has made a $25 a share bid for Westwood Holdings Group (WHG.N), offering a nearly 28%…

4 years ago

ESG fever: share of sustainable fund trading soaring in 2021

The rush to invest in exchange-traded funds focusing on environmental, social and governance (ESG) issues jumped in the first half…

4 years ago

Asian shares lower on U.S. inflation jitters

Asian shares fell on Wednesday after data showing the biggest jump in U.S. inflation in 13 years fuelled some market…

4 years ago

Analysis: Investors pivot to Powell after more hot U.S. inflation data

The biggest rise in U.S. consumer prices in 13 years has intensified investor focus on messaging from the Federal Reserve,…

4 years ago

JPMorgan profit soars on recovery but questions linger over lending outlook, competition

JPMorgan Chase & Co (JPM.N) second-quarter profits jumped 155% as the U.S. economy continued to rebound, but executives warned on…

4 years ago