Futures for Canada’s main stock index stumbled on Tuesday tracking a decline in metal prices, while investors brace for key Canadian inflation data, due later in the day, looking for hints about the Bank of Canada’s monetary policy.
PNC Financial Services Group’s net interest income shrank as it took on increased charges to replenish a government deposit insurance fund as well as workforce reduction expenses.
Morgan Stanley’s profit dropped in the fourth quarter, hurt by a combined $535 million in one-time charge that offset gains from a rebound in investment banking activity.
Goldman Sachs’ profit rose 51% in the fourth quarter as its equity traders capitalized on a recovery in markets and revenue from its asset and wealth management business rose, offsetting weakness in investment banking.
Shares of Digital World Acquisition , the blank check firm set to take former US President Donald Trump’s social media platform public, rose on Tuesday following his victory in the first Republican contest in Iowa for 2024 presidential race.
Boeing shares fell 2.5% before the bell on Tuesday and were set to extend last week’s losses as the U.S. grounding of some 737 MAX 9 jets entered its 11th day, while the company’s promise of further quality checks raised the specter of added costs.
More than 300 companies and financial institutions plan to report on the impacts they have on the natural world as part of efforts to stem the global collapse of biodiversity, delegates at Davos heard on Tuesday.
Burger King-parent Restaurant Brands said on Tuesday it would take full control of Carrols Restaurant Group in a deal with total enterprise value of about $1 billion.
