C&E Industry News Filter

Credit Suisse Takes $450 Million Hit on Stake in US Hedge-Fund Firm | Margot Patrick

www.wsj.com | Credit score Suisse Group AG CS 3.43% is taking a close to half-billion-dollar cost on a stake in a hedge-fund enterprise it purchased throughout Wall Road’s frenzy for different investments a decade in the past. A 30% stake in York Capital Administration value Credit score Suisse $425 …

Read More

Student Loan Losses Seen Exceeding $400 Billion | msnNOW

The projected poisonous debt approaches the size of subprime-mortgage losses incurred by personal lenders through the 2008 monetary disaster.

Read More

WSJ News Exclusive | Student Loan Losses Seen Costing U.S. More Than $400 Billion | Josh Mitchell

The projected poisonous debt approaches the dimensions of subprime-mortgage losses incurred by non-public lenders through the 2008 monetary disaster.

Read More

Bitcoin Could Hit $500000, the Founder and CEO of Ark Invest Says

www.barrons.com | That may be only the start, ARK Funding Administration CEO … And if institutional traders like hedge funds had been to take a larger curiosity in …

Read More

'Someone's Losing Their Job': Revlon Lenders Expressed Surprise at Mistaken $900 Million Payment

www.wsj.com | … lenders together with HPS Funding Companions LLC, Brigade Capital Administration LP and different hedgefund managers, straining longstanding enterprise …

Read More

Lordstown Stock Is Rising Because Commercial EV Truck Orders Are Rolling In | Al Root

www.barrons.com | Inventory in electric-truck maker Lordstown Motors is rising after the corporate up to date buyers about manufacturing and, extra essential, orders for its new Endurance pickup truck. The corporate introduced Monday it was on observe to start constructing its truck in …

Read More

Freddie Mac CEO Quits as Prospects Dim for Exit From Government Control | Andrew Ackerman

www.wsj.com | WASHINGTON—The chief govt of mortgage-finance firm Freddie Mac plans to step down in January, the corporate mentioned in a securities submitting Friday, a shock transfer that comes as prospects dim for an exit from authorities management for the agency and its …

Read More

Popular Trading Platforms Sideline Users With Technical Difficulties as Stocks Surge | Caitlin McCabe and Mischa Frankl-Duval

Charles Schwab and TD Ameritrade have been amongst corporations saying prospects skilled issues. A number of platforms cited excessive buying and selling volumes as buyers rushed to purchase and promote shares.

Read More

Berkshire Hathaway’s Profit Rises, Boosted by Investment Returns | Jenna Telesca

Berkshire reported third-quarter web earnings of $30.1 billion as investments rallied, although a loss for the corporate’s insurance coverage underwriting pinched its working revenue.

Read More

error:
Scroll to Top