The announcement ends the top succession race on Wall Street. Morgan Stanley announced in May that Gorman intended to step down within a year.
Schlagwort-Archiv: Markets
Southwest slows 2024 growth as travel demand moderates
Southwest’s net income in the third quarter dropped 30% from a year earlier.
Bristol Myers Squibb earnings top estimates even as top-selling drug fights generic competition
Bristol Myers Squibb’s revenue was in line with estimates, but fell slightly from the same period last year due to lower sales of blood cancer drug Revlimid.
Comcast sinks despite profit beat, as broadband subscribers slip and ad revenue slumps
Comcast revenue and earnings both topped analyst estimates as theme park sales rose, and Peacock added 4 million subscribers.
Merck results beat expectations on strong Keytruda sales, surprise Covid drug growth
Merck’s revenue and earnings beat expectations, and it hiked its sales forecast while lowering its profit outlook.
Meta beats on top and bottom lines as digital ad recovery pushes revenue up 23%
Meta reported better-than-expected third-quarter results on Wednesday, but finance chief Susan Li offered cautionary comments about the ad market
‚Incredible alpha opportunities‘ in the year ahead despite headwinds, says Carlyle Group CEO Harvey Schwartz
Wall Street leaders speaking at the annual Riyadh event broadly expressed varying degrees of pessimism and caution for the coming year.
‚Incredible alpha opportunities‘ in the year ahead despite headwinds, says Carlyle Group CEO Harvey Schwartz
Wall Street leaders speaking at the annual Riyadh event broadly expressed varying degrees of pessimism and caution for the coming year.
Deutsche Bank shares surge 7% after net profit beats expectations
Deutsche Bank reported a third-quarter net profit of 1.031 billion euros ($1.06 billion), slightly beating expectations.
Picking health insurance can be tricky: 6 key terms to know as open enrollment starts
Health plans have many moving parts such as premiums, co-insurance and deductibles that make it difficult to ascertain costs.