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Goldman Sachs reports surprising quarterly profit surge

Goldman Sachs posted a 28% jump in quarterly profit, beating Wall Street expectations thanks to surprisingly strong performance in the bank’s trading and investment banking business. The Wall Street giant announced Monday that first-quarter profit jumped to $4.13 billion. Revenue for the three months ended March 31 rose 16% to $14.21 billion, more than $1 […]

Jamie Dimon warns of ‘uncertain’ year ahead as JPMorgan profit rises

JPMorgan Chase & Co. President Jamie Dimon on Friday warned of an “uncertain” year ahead, citing challenges such as inflation and geopolitical tensions threatening the U.S. economy. The warning came after JPMorgan, the nation’s largest bank by assets, reported a modest 6% profit increase in the first quarter. Shares fell 6.5% to $182.79 following a […]

New ETF looks to profit from municipal bonds – CNBC

A new ETF is looking to capitalize on the municipal finance space. Joanna Gallegos of BondBloxx is behind the IR+M Tax-Aware Short Duration ETF (TAXX). This ETF has been on sale for less than a month. “When you think about a municipal bond portfolio, I really want people to think beyond that and look for […]

Carnival warns of up to $10M profit hit from Baltimore bridge collapse

Carnival warned that its 2024 revenue could take a hit of up to $10 million after the collapse of the Baltimore Bridge shut down the cruise line’s access to Maryland ports. Carnival Chief Executive Josh Weinstein told investors during the company’s first-quarter earnings call on Wednesday that the company’s ships will be temporarily docked in […]

H&M shares jump 14% as profit smashes expectations – CNBC

Hong Kong, China – 2021/08/07: A pedestrian crosses the street in front of the Hong Kong store of H&M, the Swedish multinational clothing design retailer Hennes & Mauritz. (Photo credit: Budrul Chukrut/SOPA Images/LightRocket, Getty Images) Sopa Images | Light Rocket | Getty Images H&M shares soared 14% in early trading Wednesday after the Swedish retailer […]

U.S. Hospitals Profit Billions By Charging ‘Facility Fees’ When Patients Simply Use Offices To Meet Their Doctors

Stock image. (Photo by Adam Berry/Getty Images) OAN’s Brooke Mallory12:38 PM – Tuesday, March 26, 2024 U.S. hospitals make billions of dollars by charging unwary patients so-called “facility fees” for routine tests at outpatient centers. advertisement recently wall street journal This article explores the discomfort felt by many Americans who are unaware that they are […]

Owner of Circle K sees profit drop, blames ‘headwinds, especially in US’

Alimentation Couche-Tard, owner of the Circle K supermarket chain, reported surprisingly weak sales and profits for its latest quarter, suggesting that consumer spending in the United States is particularly weak. The Canadian owner of a chain of convenience stores and gas stations saw sales decline 2.2% in the quarter ended Feb. 4 even as adjusted […]

Claim $250, seven profit boosts on any game

Commercial content. Over 21 years old. Action Network is the official betting partner of the New York Post, which edits this content. Caesars Sportsbook has added North Carolina to its list of sports betting states and is offering two launch offers for new customers.Both are activated using Caesars Sportsbook NC promo code NYP News NC […]

Adidas posts first profit loss in 30 years as it sells off Yeezy inventory

Adidas on Wednesday reported its first annual loss in more than 30 years, warning that U.S. sales will decline this year as the German sportswear giant continues to sell its remaining Yeezy inventory. In 2023, Adidas posted a net loss of $63.4 million, the first time since 1992. MSN Previously reported. Currency-neutral North American sales […]

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