Volatile banking sector saw big moves from funds in first quarter
By David Randall and Carolina Mandl NEW YORK (Reuters) -Fund managers zeroed in on the U.S. financial sector during the…
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Strong loan book powers Banco do Brasil to quarterly profit surge
By Peter Frontini SAO PAULO (Reuters) -Brazilian state-controlled lender Banco do Brasil SA on Monday reported a 29% leap in…
Dow, S&P edge up as data, debt ceiling curb gains
By Chuck Mikolajczak NEW YORK (Reuters) – The S&P 500 and the Dow ended with modest gains on Monday after…
Buffett sheds stake in TSMC, while Macquarie, Fidelity buy shares -filings
By Carolina Mandl (Reuters) -Big investment firms including Macquarie, Fidelity, Tiger Global and Coatue were among the largest buyers of…
ONEOK shares drop on concerns over Magellan pipeline deal
By Laura Sanicola and Arathy Somasekhar -Shares of gas pipeline operator ONEOK Inc fell about 9% on Monday on questions…
EV startup Arrival’s cash and equivalents slump at end of first quarter
(Reuters) -British electric vehicle start-up Arrival SA said on Monday it had $130 million in cash and cash equivalents at…
Pershing Square unveils new stake in Alphabet
(Reuters) -Billionaire investor William Ackman has built in the first quarter a new stake in Alphabet worth $1.1 billion, according…
Berkshire invests in Capital One, sheds four stocks
By Jonathan Stempel (Reuters) -Berkshire Hathaway Inc on Monday disclosed it has begun investing in Capital One Financial Corp while…
White House releases show Biden personal finances little changed
By Nandita Bose WASHINGTON (Reuters) -The White House on Monday released financial disclosure reports for President Joe Biden showing the…
Turkey’s stocks and dollar bonds tumble as Erdogan in pole position for runoff
By Libby George and Karin Strohecker LONDON (Reuters) – Turkey’s sovereign dollar bonds and equities tumbled, and the cost of…