Big U.S. banks end third quarter on high noteWall Street's top investment banks enjoyed a strong third quarter as strength in stock trading and equity underwriting added to the benefits from a strong U.S. economy and tax reforms.
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Uber IPO proposals value company at $120 billion: WSJRide-hailing company Uber Technologies Inc [UBER.UL] could be valued at $120 billion, when it finally goes public next year according to proposals made by U.S. banks bidding to run the offering, the Wall Street Journal report…Read More
SoftBank 'anxiously' monitoring Saudi Arabia situation: executiveSoftBank Group Chief Operating Officer Marcelo Claure said on Tuesday it is "business at usual" at companies backed by its nearly $100 billion Vision Fund despite a tense situation with Saudi Arabia, which provided nearly hal…Read More
Railroad operator CSX's quarterly profit tops Wall Street targetCSX Corp on Tuesday reported quarterly profit that topped Wall Street's view and raised its full-year revenue forecast, as the No. 3 U.S. railroad operator benefited from ongoing cost-cutting and higher prices for moving frei…Read More
Netflix record subscriber growth dispels Wall Street worriesNetflix Inc hooked 7 million new streaming subscribers from July to September, a third more than Wall Street had expected, reassuring investors who had worried the company was facing a slowdown in its fast-paced growth.
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