Chief Financial Officer Jess Merten said that the deal will generate a financial book gain of about $450 million and increase deployable capital by $900 million.
US stocks rose on Thursday, with the Nasdaq (^IXIC) and S&P 500 (^GSPC) eyeing a comeback as investors digested news that the ...
Britain's benchmark index closed at record peak on Thursday as investors cheered a healthy set of corporate updates, while a ...
The Atlanta homebuilder logged net income of $913.2 million, or $4.43 a share, compared to about $711 million, or $3.28 a share, a year earlier. Analysts polled by FactSet expected $3.26 a share.
Shell shares have risen 13p to 2608p as the promise of another $3.5 billion buyback offset a bigger-than-expected fall in ...
The FTSE 100 ( ^FTSE) and European stocks were higher on Thursday, with all major indices gaining ground in early trading, as the European Central Bank (ECB) is expected to cut interest rates in an ...
The UK's main stock indexes closed higher on Wednesday boosted by gains in the technology and financial sectors, while the ...
One of Britain’s oldest industrial manufacturers has become the latest major listed company to say it is leaving the stock ...
Trump called DeepSeek a “wake-up call” for the American industry. OpenAI’s Altman vowed “better models”. Ray Dalio said the ...
US tech stocks were steady on Tuesday after they slumped on Monday following the sudden rise of Chinese-made artificial ...
Chip giant Nvidia ( NVDA) was more than 11% lower in the first hour of US trading. Industry peer ASML ( ASML) lost 8%, while Arm ( ARM ), Broadcom ( AVGO ), and Micron Technology ( MU) also got ...
Stocks across Asia lost ground on Monday as worries about Chinese AI company DeepSeek reverberated. The company's discounted R1 model knocked tech stocks, sending the Nikkei ( ^N225) in Japan 0.9% ...