CashNews.co This article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Good morning and happy Halloween. Meta beat earnings expectations but forecast a jump in capital expenditures. Its stock price […]
Shell to buy back $3.5bn of shares as profits beat expectations #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Shell has announced another $3.5bn of share buybacks after its quarterly profits exceeded market expectations. Europe’s largest oil and gas company reported adjusted earnings of $6bn for the third quarter, beating average analyst estimates […]
New Hong Kong-focused ETF gains approval in Saudi Arabia #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Latest news on ETFs Visit our ETF Hub to find out more and to explore our in-depth data and comparison tools Hang Seng Investment Management has gained approval to launch a Hong Kong-focused exchange […]
Robinhood shares tumble on earnings miss #NewsMarket
CashNews.co Robinhood shares tumble on earnings miss Read More #cashnews #newsfinace #finance #FollowsCashnews
Trafigura warns of up to $1.1bn loss over Mongolian oil scandal #NewsMarket
CashNews.co Trafigura warns of up to $1.1bn loss over Mongolian oil scandal Read More #cashnews #newsfinace #finance #FollowsCashnews
UK borrowing costs jump as Rachel Reeves’ spending plans unnerve investors #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK borrowing costs climbed on Wednesday, reversing an initially positive reaction to the Labour government’s inaugural Budget, as investors were unsettled by news of higher than expected bond sales necessary to fund its spending […]
What if Boeing still becomes the junk bond market’s biggest ‘fallen angel’? #NewsMarket
CashNews.co Boeing ranks fifth in the list of America’s biggest cumulative stock market compounders in history. But these days, it’s among the US’s foremost corporate dumpster fires — and could become the biggest “fallen angel” in history. Here’s what a quick scan of some recent MainFT headlines yields: Karma comes for Boeing’s shareholders. Can things […]
US election betting is on a roll #NewsMarket
CashNews.co On November 5, voters in the US will head to the polls to decide who should be the next president: Donald Trump or Kamala Harris. But over the past several months, people from around the world have been placing millions of dollars on who will win that race. As interest in betting on US […]
Columbia Threadneedle closes standalone UK small stocks unit #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Columbia Threadneedle Investments is shutting its standalone UK smaller companies division as investors pull money ahead of a UK Budget that could further undermine confidence in the ailing sector. The US fund group, which […]
The cautionary tale of Goldman and Apple’s credit card #NewsMarket
CashNews.co Stay informed with free updates Simply sign up to the Financial services myFT Digest — delivered directly to your inbox. To think it all started out so well. When Goldman Sachs and Apple teamed up to launch a credit card in 2019, neither the storied investment bank nor the technology giant had much experience […]