July 28, 2023
“”…Revenues for the second quarter were nearly CA$3.2 billion (US$2.4 billion), up 44% year over year (y/y), CPKC said Thursday afternoon. The y/y figure reflects CP’s results in the second quarter of 2022. Canadian Pacific and Kansas City Southern completed their merger… Continue Reading…
July 27, 2023
“Shares of Banc of California and PacWest Bancorp got a major boost from news Tuesday that the two lenders will merge in an all-stock deal to create a new bank. PacWest shares surged 31.3% to $10.10 apiece in after-hours trade after news… Continue Reading…
July 27, 2023
“JPMorgan Chase & Co will buy almost $2 billion worth of mortgages to facilitate Banc of California’s purchase of PacWest Bancorp, a source with knowledge of the matter told Reuters. The investment bank has entered into an agreement to buy… Continue Reading…
July 25, 2023
“Taiwan Semiconductor Manufacturing Company plans to invest nearly $90 billion New Taiwan dollars (about $2.87 billion) in an advanced chip packaging plant in Taiwan, the company told CNBC on Tuesday. It comes as global chipmakers seek to capitalize on the artificial… Continue Reading…
July 25, 2023
“…PARIS (Reuters) -France’s Thales said on Tuesday it would buy U.S. cybersecurity company Imperva in a deal worth $3.6 billion as it steps up expansion outside its historic defence business in the war against bots and hackers. Thales’ move signals… Continue Reading…
July 17, 2023
“China Evergrande Group posted combined losses of more than $81 billion over two years as the world’s most-indebted developer releases its long-delayed results in a bid to resume stock trading… The company reported a loss attributable to shareholders of 105.9… Continue Reading…
July 4, 2023
“Chicago’s pension burden climbed last year after the city’s retirement funds lost money due to volatile markets, deepening the long-standing fiscal woes for new Mayor Brandon Johnson… The amount the city owes to its four pensions that pay benefits to… Continue Reading…
June 14, 2023
“The European Central Bank is about to test the resilience of the continent’s banking industry by making lenders repay about half a trillion euros in cheap pandemic-era loans — in one go… As €476.8 billion of TLTRO loans come due… Continue Reading…
June 13, 2023
“ https://www.cnbc.com/2023/06/13/ai-firm-synthesia-hits-1-billion-valuation-in-nvidia-backed-series-c.html
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