Due to an unprecedented success in revenue from fixed-income trading of almost $700 million, Goldman Sachs reported earnings and revenue on Monday that surpassed analysts' expectations. The bank ...
Wells Fargo said on Friday that its second-quarter earnings fell 48% from the same period last year as a result of the bank setting aside money for bad loans and being hurt by decreases in its equ...
In Q1 2022, the 36 states of Nigeria collectively paid N21.62 billion in external debt deductions, a 31.5% increase over the N16.44 billion deducted in the same period a year ago. ...
JPMorgan Chase reported on Thursday that the bank's second-quarter profit fell as it increased reserves for bad loans by $428 million while discontinuing share repurchases. In a statement, he sai...
Twitter filed a lawsuit against Elon Musk in a Delaware court on Tuesday to carry out its threat to compel him to acquire the company. The company's board increased its stance last wee...
Spirit Airlines Inc. (SAVE.N), a takeover target, declared its intention to postpone the shareholder vote on its merger agreement with Frontier Group Holdings Inc. (ULCC.O) scheduled for this Frid...
PepsiCo, Inc. revised its fiscal-year outlook for organic revenue in the first quarter of the fiscal year, increasing growth guidance to 8% from a previous 6% due to consumers' res...
As the economic rebound gives way to a potential recession, big U.S. banks' second quarter profits are anticipated to decline dramatically from a year earlier on increasing loan loss reserves. ...
After Elon Musk declared he is attempting to revoke his $44 billion acquisition of the social networking company, Twitter shares fell precipitously in early premarket trade on Monday. T...
Elon Musk has withdrawn his $44 billion offer to purchase Twitter, citing numerous alleged violations of the merger agreement. After the richest person in the world chose to purchase Twitter in...