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Category: Finance News

UBS beats earnings expectations, announces up to $1 billion share buyback

Swiss banking giant UBS on Tuesday narrowly beat fourth-quarter earnings expectations and announced that it would recommence share buybacks worth $1 billion in the second half of the year.

Published 6 February 2024
Categorised as Finance News

Stocks making the biggest moves after hours: Palantir Technologies, NXP Semiconductors, Chegg and more

These are the stocks posting the largest moves in after-hours trading.

Published 5 February 2024
Categorised as Finance News

Stocks making the biggest moves midday: Nvidia, Boeing, Snap, Tyson Foods and more

These are the stocks posting the largest moves in midday trading.

Published 5 February 2024
Categorised as Finance News

Mark Cuban didn’t want to invest in this $2.5 million ‘Shark Tank’ company—here’s what changed his mind

Ramon van Meer’s cat litter company Genius Litter prompted a bidding war on ABC’s “Shark Tank.” Mark Cuban, Lori Greiner and Robert Herjavec emerged victorious.

Published 5 February 2024
Categorised as Finance News

Most Americans can file federal taxes for free — but only about 3% used this option last season

If you’re eager to save on filing your taxes, you likely qualify for IRS Free File for federal returns. Here’s what taxpayers need to know.

Published 5 February 2024
Categorised as Finance News

Ken Griffin’s Citadel hedge fund rose 1.9% in January as volatility ramped up

Citadel’s multistrategy flagship Wellington fund climbed 1.9% in January, following a 15.3% gain last year.

Published 5 February 2024
Categorised as Finance News

Fed’s Kashkari backs sentiment that policymakers can take their time cutting interest rates

Kashkari said economic developments have shown that Fed policy is not as restrictive on growth as it appears on the surface.

Published 5 February 2024
Categorised as Finance News

Turkey’s new central bank governor, formerly at Amazon and New York Fed, seen as a ‘credible choice’

With Turkey’s inflation at 65%, the 42-year-old economist has his work cut out for him.

Published 5 February 2024
Categorised as Finance News

Red Sea tensions risk significantly higher inflation, OECD warns

Higher shipping costs could add 0.4 percentage points to consumer price inflation, the Paris-based group said Monday.

Published 5 February 2024
Categorised as Finance News

Stocks making the biggest moves premarket: Estee Lauder, Nvidia, McDonald’s, Caterpillar and more

These are the stocks posting the largest moves in early trading.

Published 5 February 2024
Categorised as Finance News

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