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Carvana Soars On Debt-Restructuring Deal, Launches Stock Offering
Carvana shares surged Wednesday after the used-car retailer said that it had reached a bond-swap deal to reduce its debt by $1.2 billion and launched
Warburg Pincus Names Jeffrey Perlman President
The 40-year-old will take over from Timothy Geithner, who will become chairman of the private-equity firm. Source link
Microsoft, Activision Blizzard Extend $75 Billion Merger Deadline
The extension, until mid-October, allows the companies to continue with efforts to gain regulatory approval in the U.K. Source link
U.K. Clinches $5 Billion EV-Battery Plant as Race for Green Investments Heats Up
The move by the owner of Jaguar Land Rover throws a lifeline to Britain’s industry, which has a patchy record in the global race to
Wall St rises at open as investors assess bank earnings By Reuters
© Reuters. Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 12, 2023. REUTERS/Brendan McDermid (Reuters)
ESMA: Cyprus is primary location for firms providing cross-border investment services in the EU/EEA
The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, and national competent authorities (NCAs) completed an analysis of the cross-border
IMF says dollar’s rise hit emerging markets harder than advanced economies By Reuters
© Reuters. FILE PHOTO: U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, 2009. REUTERS/Rick Wilking/File
Goldman Sachs Profit Falls 58% on Consumer-Lending Pullback
The bank also took impairments related to real-estate investments, much of it tied to office properties. Source link
Goldman Sachs, Johnson & Johnson fall premarket; Carvana, Microsoft rise By Investing.com
© Reuters Investing.com — U.S. traded largely unchanged Wednesday, consolidating after recent strong gains as investors digest a deluge of important corporate earnings. Here are