[ad_1] Snapchat parent Snap Inc. faces intense competition from a number of players, and that’s reason to avoid its stock, according to an analyst. Andrew Boone of JMP Securities downgraded…
[ad_1] The U.S. dollar is going to drop further, Morgan Stanley strategists said over the weekend as they became more optimistic about the global economy. They now see the DXY…
[ad_1] Goldman Sachs Group Inc. will cut bonuses by about 40% in the deepest belt-tightening move among the big U.S. banks, The Wall Street Journal reported Thursday. Goldman Sach’s GS,…
[ad_1] Guggenheim Partners Global Chief Investment Officer Scott Minerd has died, the company announced in a press release issued Thursday. He was 63. The money manager was one of the…
[ad_1] Saudi Arabia’s crown prince and a U.S. private-equity firm run by Barclays PLC’s BCS, -0.89% former chief executive are among investors preparing to invest $1 billion or more into Credit…
[ad_1] Tech giant Apple AAPL, +0.59% is considering buying Manchester United MANU, +25.84%, according to The Daily Star. The British tabloid newspaper, without citing any sources, said Apple’s chief executive…
[ad_1] Berkshire Hathaway Inc. added positions in materials manufacturer Louisiana-Pacific Corp., investment bank Jefferies Financial Group and chip manufacturer Taiwan Semiconductor Manufacturing Co. Ltd. during the third quarter, according to…
[ad_1] Credit Suisse is bringing back the “First Boston” name after 17 years as the Swiss bank unveiled a sweeping restructuring that includes a big investment from Saudi Arabia, the…
[ad_1] Morgan Stanley CEO James Gorman said the marquee investment bank is studying potential job cuts as the latest big financial institution to look for ways to reduce costs headed…
[ad_1] Elon Musk’s decision to end his war with Twitter Inc. isn’t just a big win for the social-media company, but also for some big-name investors like Carl Icahn. Icahn quietly amassed a Twitter TWTR, +22.24%…
Snap faces stiff pressure from YouTube and Reels, analyst warns in downgrade
[ad_1] Snapchat parent Snap Inc. faces intense competition from a number of players, and that’s reason to avoid its stock, according to an analyst. Andrew Boone of JMP Securities downgraded…
Morgan Stanley cuts U.S. dollar forecasts lower
[ad_1] The U.S. dollar is going to drop further, Morgan Stanley strategists said over the weekend as they became more optimistic about the global economy. They now see the DXY…
Goldman sharpens knife on headcount, bonuses along with other big banks
[ad_1] Goldman Sachs Group Inc. will cut bonuses by about 40% in the deepest belt-tightening move among the big U.S. banks, The Wall Street Journal reported Thursday. Goldman Sach’s GS,…
Scott Minerd, prominent Guggenheim Partners money manager, dies unexpectedly of heart attack
[ad_1] Guggenheim Partners Global Chief Investment Officer Scott Minerd has died, the company announced in a press release issued Thursday. He was 63. The money manager was one of the…
Saudi crown prince set to invest in Credit Suisse’s new investment bank
[ad_1] Saudi Arabia’s crown prince and a U.S. private-equity firm run by Barclays PLC’s BCS, -0.89% former chief executive are among investors preparing to invest $1 billion or more into Credit…
Apple interested in buying Manchester United: report
[ad_1] Tech giant Apple AAPL, +0.59% is considering buying Manchester United MANU, +25.84%, according to The Daily Star. The British tabloid newspaper, without citing any sources, said Apple’s chief executive…
Berkshire Hathaway discloses stakes in TSMC, Jefferies, Louisiana-Pacific, sending those stocks higher
[ad_1] Berkshire Hathaway Inc. added positions in materials manufacturer Louisiana-Pacific Corp., investment bank Jefferies Financial Group and chip manufacturer Taiwan Semiconductor Manufacturing Co. Ltd. during the third quarter, according to…
Credit Suisse bringing back ‘First Boston’ name as it plans up to 9,000 job cuts
[ad_1] Credit Suisse is bringing back the “First Boston” name after 17 years as the Swiss bank unveiled a sweeping restructuring that includes a big investment from Saudi Arabia, the…
Morgan Stanley evaluating job cuts, CEO says
[ad_1] Morgan Stanley CEO James Gorman said the marquee investment bank is studying potential job cuts as the latest big financial institution to look for ways to reduce costs headed…
Icahn, other big-name investors clean up on Elon Musk’s Twitter reversal
[ad_1] Elon Musk’s decision to end his war with Twitter Inc. isn’t just a big win for the social-media company, but also for some big-name investors like Carl Icahn. Icahn quietly amassed a Twitter TWTR, +22.24%…