Jefferies Financial Group Inc.’s third-quarter revenue missed analyst estimates as the bank continued to weather a challenging environment for dealmaking, sparking an initial share selloff as much as 7%.
Crypto Exchange Kraken Plans to Offer Trading in US-Listed StocksWith ESG Under Siege, Neuberger Backs Active Stock-PickingThis Is the ‘Perfect’ Time to Buy Value Stocks on Sticky Inflation, Rob Arnott SaysTraders Piling Into Floating-Rate ETFs Are Warned Best Days Are OverAll of Schwab’s Bond ETFs Now Cost Just Three Basis PointsEuropean Crypto Asset Manager CoinShares Starts US Hedge Fund DivisionWall Street Selloff Across Assets Rattles Risk-Parity QuantsBlackRock, State Street Among Money...
Investing When Fed Cuts RatesCathie Wood’s Ark Buys Rize ETF in Big Bet on European GrowthPlaying for global basketball and sponsorship gloryFanDuel, Rivalry deliver something new for betting customersWomen’s Tennis Is More Unpredictable — And Fun — Than Ever Going Into US OpenDifficult conversations regarding hockey's 'toxic masculinity' continue at summitMLB makes strides in attracting younger fans, ticket buyers in growing the gameRoyals unveil proposed ballpark, entertainment...
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Costco Wholesale beats quarterly revenue estimates(Reuters) - Costco Wholesale topped Wall Street's estimates for quarterly sales on Tuesday as consumers flocked to its stores for cheaper groceries and ...
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Jefferies' third-quarter profit tanks on M&A slowdown(Reuters) - Jefferies Financial Group's third-quarter profit slumped 74% as lingering economic uncertainty kept dealmaking in check, but the firm said ...
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UK landlords slide after Jefferies calls 'London rental recession'Market News
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Rory McIlroy says LIV Golf defectors miss Ryder Cup more than Team Europe misses themLIV Golf defections have cut off Europeans from the Ryder Cup. Rory McIlroy said they are missing it more than Team Europe misses them.
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Costco earnings call worries investors despite beating estimatesCostco (COST) shares trend lower in Wednesday's pre-market session after reporting its fourth-quarter earnings results yesterday. While Costco beat earnings and revenue estimates, investors reacted negatively to other details: Costco cited weaker-than-expected same-store sales growth, higher wage expenses, and no plans to increase membership fees in its earnings call. Yahoo Finance Reporter Brooke DiPalma breaks down the details of Costco's earnings call and what this means for the future of the company. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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