Alstom Cash Flow Warning Erodes $3 Billion in Value.
October 05, 2023: Shares of French train maker Alstom plunged by as much as 38% on Thursday, October 5, 2023, after the company slashed its full-year
Brookfield has strengthened its portfolio in the UK by acquiring Banks Renewables.
October 05, 2023: Canadian investment firm Brookfield has acquired Banks Renewables, a UK-based renewable energy company, for £2.5 billion.
Gen Xers Approaching Retirement with Inadequate Savings
October 04, 2023: Gen Xers born between 1965 and 1980 are approaching retirement age, but many have not saved enough to support themselves in their golden years.
U.S. Common Dividend Payments Increase $8.8 Billion in Q3 2023
October 04, 2023: U.S. common dividend payments increased by $8.8 billion in the third quarter of 2023, according to S&P Dow Jones Indices.
SM Group Expands Non-Core Businesses to Drive Growth
October 04, 2023: The SM Group, one of the largest conglomerates in the Philippines, is expanding its non-core businesses to drive faster growth and boost earnings.
FirstEnergy Corp. experienced a drop and underperformed the market.
October 03, 2023: Shares of FirstEnergy Corp. (FE) fell 4.62% on Monday, October 3, 2023, underperforming the broader market. The stock closed at $32.60,
Morgan Stanley’s Wilson expresses concern over late-cycle “muddle” in surveillance.
October 03, 2023: Morgan Stanley’s chief investment officer, Mike Wilson, said that the stock market is in a “late-cycle muddle, ” making it difficult for investors to navigate.
Ex- Goldman Sachs, Blackstone Employee Charged with Securities Fraud.
October 02, 2023: Federal prosecutors charged a former Goldman Sachs Group Inc. and Blackstone Inc. employee with securities fraud for allegedly tipping
The population growth may not sustain the Canadian economy.
October 02, 2023: Canada is experiencing a population boom, growing fastest in over 40 years. However, some economists are warning that the population boom
Altus Wealth Management has decreased its stock holdings in Tesla, Inc.
October 02, 2023: Altus Wealth Management LLC, a registered investment advisor with over $10 billion in assets under management, has reduced its stock position in Tesla, Inc.
