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General Motors to contribute $625 million to new JV with Lithium Americas

(Reuters) -Canadian miner Lithium Americas (NYSE:LAC) said on Wednesday General Motors (NYSE:GM) will contribute $625 million to their new joint venture for…
Stock

Klarna agrees to loan portfolio sale deal with Elliott – reports

Investing.com — Payments services operator Klarna is selling most of its UK “buy now, pay later (BNPL)” portfolio to hedge fund Elliott Investment…
Stock

Earnings call: Omnicom reports strong Q3 growth, forms new advertising group

Omnicom Group (NYSE: NYSE:OMC) reported strong organic growth of 6.5% in the third quarter of 2024, matching growth in the U.S. market….
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Earnings call: Interactive Brokers reports strong Q3 amid favorable market

Interactive Brokers Group (NASDAQ: NASDAQ:IBKR) reported robust financial results for the third quarter of 2024, benefiting from a favorable market environment following…
Stock

U.S. Bancorp earnings beat by $0.04, revenue fell short of estimates

Investing.com – U.S. Bancorp (NYSE: USB) reported third quarter EPS of $1.03, $0.04 better than the analyst estimate of $0.99. Revenue for…
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Earnings call: Hancock Whitney reports $116m net income in Q3, NIM expands

Hancock Whitney Corporation (NASDAQ:HWC) reported a net income of $116 million, or $1.33 per share, for the third quarter of 2024, marking…
Stock

BofA’s Europe survey shows biggest surge in investor optimism since June 2020

Investing.com — Investor sentiment in Europe has surged to its highest level since June 2020, according to Bank of America’s latest survey. …
Stock

Airbus to cut up to 2,500 jobs in defence and space, sources say

PARIS (Reuters) -Airbus plans to cut up to 2,500 posts in its Defence & Space division, two people familiar with the matter…
Stock

Nestle’s new CEO may cut guidance in fresh start, some investors warn

By Richa Naidu LONDON (Reuters) – Nestle could use the fresh start provided by new CEO Laurent Freixe in the coming months…
Stock

S&P 500 to continue grinding higher amid low Q3 earnings expectations: HSBC

Investing.com — HSBC expects equities to keep moving higher, citing low earnings expectations and favorable market conditions. In their latest note, HSBC analysts…
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