LONDON (Reuters) – Europe’s stock markets held their own on Wednesday after doubts arose over fresh US stimulus, while it was formed after another wild day for gold and silver and Turkey’s restless lira. FILE PHOTO: The London Stock Exchange Group’s offices are located in the City of London, UK, …
Read More »Ray Dalio’s Bridgewater Associates reportedly fires dozens of employees
Bridgewater Associates, the world’s largest hedge fund, laid off dozens of employees across the company this month, the Wall Street Journal reported Friday. The job cuts included the Bridgewater investigation team, customer services, recruiters, audit groups and the central management team, according to the report. Bridgewater told the Journal that …
Read More »Bill Ackman’s blank check company has just started operating. What you need to know.
Text size William Ackman Bryan Bedder / Getty Images for The New York Times A special-purpose acquisition company, or SPAC, sponsored by Bill Ackman’s Pershing Square Capital Management, made its debut on the New York Stock Exchange on Wednesday in the largest initial public offering of blank checks. The offering …
Read More »BlackRock profit beats Street estimates as markets recover
(Reuters) – BlackRock Inc (BLK.N) The results beat Wall Street estimates on Friday, aided by investors who turned to the world’s largest asset manager’s bond funds in the second quarter, as global financial markets rebounded strongly from a brutal liquidation triggered by COVID in March. FILE PHOTO: People are seen …
Read More »BlackRock profit beats Street estimates as markets recover
(Reuters) – BlackRock Inc (BLK.N) The results beat Wall Street estimates on Friday, aided by investors who turned to the world’s largest asset manager’s bond funds in the second quarter, as global financial markets rebounded strongly from a brutal liquidation triggered by COVID in March. FILE PHOTO: People are seen …
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