Investing.com -- Shares of Polar Capital Holdings plc (LON:POLR) edged up by 1.5% despite the asset management firm reporting a contraction in assets under management (AUM) for the first quarter.The company’s AUM decreased by 10% quarter-over-quarter to £21.4 billion, falling short of the Visible Alpha consensus estimate by 7% but aligning with RBC Capital Markets expectations.The market’s re ...
By Barbara Erling and Amy-Jo CrowleyWARSAW (Reuters) -Warner Bros Discovery (NASDAQ:WBD) has decided not to sell Polish broadcaster TVN, it said on Monday, drawing a line under speculation surrounding the future of the company, which is considered strategic by the Polish government.The volatility unleashed by U.S. President Donald Trump’s tariff policies has led many investors to put deal-making ...
(Reuters) - Citigroup (NYSE:C) downgraded its stance on U.S. equities and slashed its S&P 500 index target for this year as it expects tariff uncertainty to hurt corporate America’s earnings.Citi joined a string of brokerages, including Goldman Sachs and BofA, in slashing their benchmark index target below the 6000 mark. Citi’s current year-end target stands at 5800, below its previous e ...
(Reuters) - The sweeping tariffs imposed by U.S. President Donald Trump since April 2 and the subsequent pauses on some of them have generated uncertainty for companies worldwide, causing some of them to withdraw or refrain from giving a financial guidance.Here is a list of companies that have made such moves:AEROSPACE & DEFENSEDELTA AIR LINESThe U.S. carrier on April 9 withdrew its financial ...