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BlackRock, King Street Capital, and Brigade Capital in Talks for WeWork Bankruptcy
BlackRock Inc. BLK, -0.83%, King Street Capital, and Brigade Capital are participating in lender talks about a potential…
Yield on 2-Year Treasury Remains Above 5% Ahead of Jerome Powell’s Comments
Market Update The yield on the 2-year Treasury (BX:TMUBMUSD02Y) closed at 5.04%, recording an increase of 2.3 basis…
Nordstrom Inc. Reports Strong Second-Quarter Results, Shares Rally
Shares of Nordstrom Inc. experienced a significant rally after hours on Thursday following the upscale department-store chain’s release…
Shein and Forever 21 Collaborate to Expand Global Apparel Business
# Shein and Forever 21 Collaborate to Expand Global Apparel Business Shein, the popular Chinese-founded online retailer, has…
Stock Market Update
Pre-Market Trading Splunk Inc. (SPLK) was up 13.6%. Super Micro Computer Inc. (SMCI) was up 8.9%. Gainers The…
MacFarlane Group Reports Increased Profit in H1
MacFarlane Group, a prominent U.K. packaging company, has announced a rise in its pretax profit for the first…
TPG Telecom Announces Strong First-Half Results
Introduction TPG Telecom, one of Australia’s leading telecommunications providers, has reported its first-half results for the six months…
NetApp Exceeds Expectations with Q2 Forecast
## NetApp Exceeds Expectations with Q2 Forecast Cloud-services provider NetApp Inc. (NTAP) has announced its second-quarter profit and…
Cryptocurrency Market Update
Overview During morning trading on Wednesday, all major cryptocurrencies showed positive movement. Solana (SOLUSD) experienced the biggest change,…
Resignation of NatWest CEO
Alison Rose, the former chief executive of NatWest, who recently resigned amidst a controversy involving Nigel Farage, is…
The Shift to Electronic Statements: A Growing Trend in the Financial Industry
Financial firms are making a push for electronic statements, but some investors remain hesitant. The Clock is Ticking…
Foot Locker Reports Second-Quarter Loss, Lowers Full-Year Guidance
Foot Locker Inc.’s stock (FL, -4.80%) experienced a significant drop of 26% during premarket trade on Wednesday, following…