CashNews.co LPL Financial Holdings, Inc. The Investment Center, Inc., supports approximately 240 advisors serving approximately $9 billion of brokerage and advisory assets SAN DIEGO, Sept. 04, 2024 (GLOBE NEWSWIRE) — LPL Financial LLC (NASDAQ: LPLA) (“LPL Financial” or “LPL”) today announced that the firm has entered into a definitive agreement to acquire The Investment Center, Inc., […]
CashNews.co LONDON (Reuters) – Wet weather in Britain hit fashion business Primark’s summer sales, but better performance elsewhere kept operating profits steady, owner Associated British Foods said on Thursday. Shares in the group opened 4% lower on Thursday. Primark, which has stores across Europe and in the United States, said underlying sales would fall by […]
CashNews.co LONDON (Reuters) – A former Deutsche Bank trader on Thursday lost her London lawsuit against the bank for just over 2.6 million pounds ($3.4 million) after she was not paid an individual bonus nearly a decade ago. Shikha Gupta worked until 2017 for Deutsche Bank’s non-core operating unit, which was set up in the […]
CashNews.co (Reuters) – Germany’s state railway Deutsche Bahn aims to become profitable again within three years, according to internal documents seen by Reuters, and to increase trains’ punctuality. Deutsche Bahn is targeting an operating profit of 2 billion euros ($2.22 billion) for 2027, the documents say, up from a loss of 1.27 billion euros before […]
CashNews.co (Reuters) -The U.S. Federal Reserve and other regulators are set to unveil sweeping changes to a raft of proposed banks capital rules as soon as Sept. 19, Bloomberg News reported on Friday, citing people familiar with the matter. The revisions could run up to 450 pages and would include key changes to rules that […]
CashNews.co WIZARDS OF WAVERLY PLACE – “Captain Jim Bob Sherwood” – Justin is thrilled to learn he has been selected to write an issue of the Captain Jim Bob Sherwood comic, but quickly loses enthusiasm after he discovers Alex has been selected to illustrate it. Forced to work together the two can’t agree on what […]
CashNews.co This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: Each week is full of surprises when you are involved in media. I guess that’s part of the adrenaline-inducing rush of being in the game, so to speak. To that end, I […]
CashNews.co (Reuters) – British homebuilder Barratt said on Monday it has entered into a joint venture with Lloyds Banking Group and government body Homes England to focus on developing large sites. WHY IT’S IMPORTANT The interest rate cut last month, the first in the UK in more than four years, was seen as a near-term […]
CashNews.co Nvidia (NASDAQ: NVDA), Broadcom (NASDAQ: AVGO), and Super Micro Computers (NASDAQ: SMCI) (also known as Supermicro) share several things in common. All three companies have profited from the surging demand for artificial intelligence (AI). All three have declared 10-for-1 stock splits in 2024. Each stock has soared this year but pulled back significantly in […]
CashNews.co By Carolyn Cohn LONDON (Reuters) -British insurer and asset manager M&G said on Wednesday it would combine its life and wealth units in a drive towards “simplification”, following a smaller than expected drop in first-half profits. M&G is halfway through a cost-cutting programme as it seeks to boost profitability, following pressure from high inflation […]