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Klarna agrees to loan portfolio sale deal with Elliott – reports

Investing.com — Payments services operator Klarna is selling most of its UK “buy now, pay later (BNPL)” portfolio to hedge fund Elliott Investment…
Stock

Earnings call: Omnicom reports strong Q3 growth, forms new advertising group

Omnicom Group (NYSE: NYSE:OMC) reported strong organic growth of 6.5% in the third quarter of 2024, matching growth in the U.S. market….
Stock

Earnings call: Interactive Brokers reports strong Q3 amid favorable market

Interactive Brokers Group (NASDAQ: NASDAQ:IBKR) reported robust financial results for the third quarter of 2024, benefiting from a favorable market environment following…
Stock

U.S. Bancorp earnings beat by $0.04, revenue fell short of estimates

Investing.com – U.S. Bancorp (NYSE: USB) reported third quarter EPS of $1.03, $0.04 better than the analyst estimate of $0.99. Revenue for…
Stock

Earnings call: Hancock Whitney reports $116m net income in Q3, NIM expands

Hancock Whitney Corporation (NASDAQ:HWC) reported a net income of $116 million, or $1.33 per share, for the third quarter of 2024, marking…
Stock

S&P 500 to continue grinding higher amid low Q3 earnings expectations: HSBC

Investing.com — HSBC expects equities to keep moving higher, citing low earnings expectations and favorable market conditions. In their latest note, HSBC analysts…
Stock

BofA’s Europe survey shows biggest surge in investor optimism since June 2020

Investing.com — Investor sentiment in Europe has surged to its highest level since June 2020, according to Bank of America’s latest survey. …
Stock

Airbus to cut up to 2,500 jobs in defence and space, sources say

PARIS (Reuters) -Airbus plans to cut up to 2,500 posts in its Defence & Space division, two people familiar with the matter…
Stock

Nestle’s new CEO may cut guidance in fresh start, some investors warn

By Richa Naidu LONDON (Reuters) – Nestle could use the fresh start provided by new CEO Laurent Freixe in the coming months…
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