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Financial Services Roundup: Market Talk
The Wall Street Journal· 2 hours agoCovered bonds are debt issued by financial institutions and backed by mortgages. Demand for covered bonds slightly improved from last week’s low of 2.0...
Lithia Motors aims for $150 million in annual savings through targeted layoffs and cost reductions
CBT News· 5 hours agoLithia Motors is set to achieve an annual savings of $150 million through strategic layoffs and...
He taught at MIT, worked at Morgan Stanley, and convinced Bill Ackman and Galaxy to back his $200...
Fortune via Yahoo Finance· 6 hours agoA Shima representative told Fortune that the firm eventually wrote off the investment by the fourth ...
'A complete parasite:' An Ohio mom weakened her own finances by helping her struggling adult son...
Moneywise via AOL· 7 hours agoBut Jean from Cincinnati went one step further. In an episode of The Ramsey Show, she...
Alphabet's new CFO was in the middle of the GLP-1 boom. Now she's onto generative AI
CNBC· 2 hours agoAlphabet's outgoing finance chief, Ruth Porat, spent the past year and a half trying to help her internet company navigate the generative artificial intelligence boom. Alphabet ...
Biggest Brazil Fund Manager Seeks Partners for $380 Billion Goal
Bloomberg via Yahoo News· 6 hours ago(Bloomberg) -- Brazil’s biggest fund manager is looking for partners to expand its...
Lululemon Regains Some Momentum in Q1 Despite U.S. Missteps
WWD via Yahoo Finance· 20 hours agoEarnings per share came in 16 cents ahead of the $2.38 analysts projected, according to Yahoo ...
Get ready to make less money off your investments, says a private equity executive
Business Insider via Yahoo Finance· 4 hours agoBut managers don't want to sell at what they think is a discount to what the investment is worth....
Hibbett Sports Reports Q1 in Line With Expectations as It Preps to Join JD Sports
Footwear News via Yahoo Finance· 1 day agoIn Hibbett’s first quarter, net sales were down 1.8 percent from the prior year to $447.2 million,...
Are Finance Stocks Lagging Palomar Holdings (PLMR) This Year?
Zacks via Yahoo Finance· 1 day agoThe Finance group currently sits at #12 within the Zacks Sector Rank. The...variety of stocks that...