News Highlights: Top Financial Services News of the Day - Friday at 12 AM ET
BOE Leaves Rates Unchanged, Signals It's Closer to Cutting
The U.K.'s central bank left its key rate at 5.25% but indicated it could lower it in the coming months-possibly as early as June.
Spain's BBVA Goes Hostile in Pursuit of Smaller Banking Rival Sabadell
Its $12 billion-plus stock offer faced immediate opposition from the Spanish government.
Making Money Off the Weight-Loss Revolution Has Even Wall Street Befuddled
Investors ponder how to trade a trend that might take years or decades to play out.
What CFOs Are Saying About Higher-for-Longer Rates
Interest rates were set to fall. Now, companies are hunting for ways to offset higher debt costs, making sure potential deals are worth the extra financing cost and bracing for more sales pressure.
Chinese Stocks Rebound, but Foundation for Rally Still Weak
Stocks in Chinese companies have bounced back, but investors have seen false dawns before.
Buybacks Are Back: Corporate America Is on a Spending Spree
Share repurchases in the first quarter are up sharply, led by Meta and Apple.
Binance Pledged to Thwart Suspicious Trading-Until It Involved a Lamborghini-Loving High Roller
Former company insiders say the firing of an internal investigator showed that the crypto exchange neglected evidence of market manipulation.
Nexi Shares Climb on Buyback, Profit Beat
The Italian payments company launched its up to $538 million buyback program after underlying earnings rose 9% in the first quarter.
Robinhood Shares Jump on Earnings Beat, Surge in Net New Deposits
The company swung to a profit and reported record revenue for the first quarter.
Financial Services Roundup: Market Talk
Gain insight on U.S. home sales, the Bank of Canada and more in the latest Market Talks covering Financial Services.
(END) Dow Jones Newswires
May 10, 2024 00:15 ET (04:15 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
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