JHVEPhoto/iStock Editorial via Getty Images Jefferies (NYSE:JEF) stock gapped up 7.6% in Thursday afternoon trading after delivering fiscal Q2 earnings that surpassed the average analyst estimate as positive momentum continued to build across its investment banking businesses. Q2 GAAP EPS of $0.64, topping the $0.63 Wall Street consensus, fell fromContinue Reading
Rmcarvalho/iStock via Getty Images Canadian diversified REIT Pro Real Estate Investment Trust (TSX:PRV.UN:CA) said on Thursday that it has closed the sale of three properties for $13.5M. The sale includes $7.0M worth of two non-core retail properties and a $6.5M flex industrial property. The properties total about 57,500 sq. ft.Continue Reading
This post is a follow-up to Generative AI and multi-modal agents in AWS: The key to unlocking new value in financial markets. This blog is part of the series, Generative AI and AI/ML in Capital Markets and Financial Services. Financial analysts and research analysts in capital markets distill business insightsContinue Reading
Twelve Seas Investment Company II (OTC:TWLVU) announced that its merger agreement with Crystal Lagoons U.S. Corp and CL Newco and together with Original Crystal was terminated due to the conditions to the closing of the initial business combination not being satisfied or waived by the outside date of May 31, 2024. TheContinue Reading
MTStock Studio/E+ via Getty Images Lotus Technology (NASDAQ:LOT) has entered into a convertible bond agreement with an aggregate principal amount of approximately $110 million, through a private placement from its existing strategic shareholder, it said Monday after market. The expected funds from the investment will further strengthen the company’s cashContinue Reading
Singapore, Singapore, June 24th, 2024, Chainwire In an industry where traditional barriers often exclude the average investor from high-value assets, iRA Blocks emerges as a game-changer, leveraging blockchain to bring real-world assets within reach of the masses. The financial industry has long been characterized by its exclusivity, particularly when itContinue Reading
