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市场新闻

Goldman Sachs slashes 2024 European earnings growth forecast

Goldman Sachs slashes 2024 European earnings growth forecast Oct 18 (Reuters) - Goldman Sachs slashed its 2024 annual earnings growth forecast for Europe's STOXX 600 index .STOXX to 2% from 6% on Friday, citing risks from rising corporate taxes and potential trade tariffs. An escalation in trade tariffs would knock off up to 9 percentage points from the European benchmark equity index's earnings growth in 2026, Goldman strategists said.
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US equity funds draw big inflows on bank earnings, rate cut hopes

GRAPHIC-US equity funds draw big inflows on bank earnings, rate cut hopes Oct 18 (Reuters) - U.S. investors made large investments in equity funds in the week to Oct. 16, buoyed by strong third-quarter earnings from U.S. lenders and optimism over a potential Federal Reserve rate cut in November and signs of cooling inflation . According to LSEG data, U.S.
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US equity bears are no match for FOMO + TINA: McGeever

COLUMN-US equity bears are no match for FOMO + TINA: McGeever The opinions expressed here are those of the author, a columnist for Reuters. By Jamie McGeever ORLANDO, Florida, Oct 18 (Reuters) - FOMO and TINA are two English-language acronyms that have become common parlance in financial markets. Together, they help explain the relentless rise of U.S.
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Tokio Marine pauses sale of $1 bln Southeast Asia life insurance business, sources say

EXCLUSIVE-Tokio Marine pauses sale of $1 bln Southeast Asia life insurance business, sources say By Yantoultra Ngui and Kane Wu SINGAPORE/HONG KONG, Oct 18 (Reuters) - Japanese insurer Tokio Marine 8766.T has paused the sale of its $1 billion Southeast Asia life insurance business, partly due to a dispute with a Malaysian partner over an expiring products distribution agreement, four sources with knowledge of the matter said.
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Goldman teams up with Blackstone to sell novel fund finance bond- Bloomberg News

MEDIA-Goldman teams up with Blackstone to sell novel fund finance bond- Bloomberg News -- Source link: https://tinyurl.com/272y5gd8 -- Note: Reuters has not verified this story and does not vouch for its accuracy
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US regional banks capitalize on rising deal fees to counter high deposit costs

RPT-WRAPUP 2-US regional banks capitalize on rising deal fees to counter high deposit costs Repeats story with no changes Investment banking drives profit beat Deposit costs weigh on net interest income Loan loss provisions rise By Niket Nishant and Manya Saini Oct 17 (Reuters) - U.S. regional banks' profits outdid Wall Street expectations in the third quarter as their investment banking fees surged from a revival in dealmaking and helped offset higher deposit costs.
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Chinese robotaxi firm Pony AI files for US IPO

UPDATE 2-Chinese robotaxi firm Pony AI files for US IPO Adds details from filing in paragraphs 3 and 4, context on company and sector in paragraphs 5, 6, 8 Oct 17 (Reuters) - China-based autonomous driving firm Pony AI, backed by automaker Toyota 7203.T , filed for an initial public offering in the U.S. on Thursday, in another sign of growing investor interest in new listings and easing regulatory pressures.
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US regional banks capitalize on rising deal fees to counter high deposit costs

WRAPUP 2-US regional banks capitalize on rising deal fees to counter high deposit costs Adds analyst quotes, provision details in paragraphs 13-16, graphics on results and stock performance Investment banking drives profit beat Deposit costs weigh on net interest income Loan loss provisions rise By Niket Nishant, Manya Saini Oct 17 (Reuters) - U.S.
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What to expect in 2024: Forecasts for GDP, inflation and other assets

FACTBOX-What to expect in 2024: Forecasts for GDP, inflation and other assets Updates with Citigroup's EUR/USD forecast Oct 17 (Reuters) - The U.S. Federal Reserve finally cut its interest rate by an oversized 50 basis points (bps) in its Sept 17-18 meeting that Chair Jerome Powell said was meant to show policymakers' commitment to sustaining a low unemployment rate now that inflation had eased.
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Northvolt co-founder, Swedish funds may inject cash, broadcaster reports

UPDATE 1-Northvolt co-founder, Swedish funds may inject cash, broadcaster reports Adds comment from Northvolt in paragraph 10 COPENHAGEN, Oct 17 (Reuters) - A co-founder of struggling Swedish battery maker Northvolt is willing to inject 100 million crowns ($9.50 million) in the group and may be joined by pension funds AMF and AP, broadcaster SVT reported late on Wednesday, citing unnamed sources.
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Northvolt co-founder, Swedish funds may inject cash, broadcaster reports

Northvolt co-founder, Swedish funds may inject cash, broadcaster reports COPENHAGEN, Oct 17 (Reuters) - A co-founder of struggling Swedish battery maker Northvolt is willing to inject 100 million crowns ($9.50 million) in the group and may be joined by pension funds AMF and AP, broadcaster SVT reported late on Wednesday, citing unnamed sources. Northvolt is in talks with investors and lenders to secure short-term funding of some 200 million euros ($217 million), three people familiar with the ma
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Goldman Sachs Sold Investors $475 Mln Of Bonds This Month Backed By "Capital-Call" Loans - WSJ

BRIEF-Goldman Sachs Sold Investors $475 Mln Of Bonds This Month Backed By "Capital-Call" Loans - WSJ Oct 17 (Reuters) - GOLDMAN SELLS FIRST BOND BACKED BY CAPITAL-CALL LOANS- WSJ GOLDMAN SACHS SOLD INVESTORS $475 MILLION OF BONDS THIS MONTH BACKED BY “CAPITAL-CALL” LOANS - WSJ Source https://tinyurl.com/35kaasa5
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Schneider Electric to buy data centre cooling firm Motivair for $850 mln

REFILE-UPDATE 1-Schneider Electric to buy data centre cooling firm Motivair for $850 mln Refiles to correct typo in Motivair in paragraph 11 Oct 17 (Reuters) - Schneider Electric SCHN.PA will pay about $850 million for a controlling stake in Motivair Corp, a specialist in liquid cooling for high-performance computing, the French firm said on Thursday, beefing up offerings for rapidly-growing data centres.
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Goldman Sachs expects series of consecutive 25 basis point Fed cuts ahead

UPDATE 1-Goldman Sachs expects series of consecutive 25 basis point Fed cuts ahead Adds background, details Oct 16 (Reuters) - Goldman Sachs GS.N said on Wednesday it expects the U.S. Federal Reserve to deliver consecutive 25-basis-point (bps) interest rate cuts from November 2024 through June 2025 to a terminal rate range of 3.25-3.5%. Last month, the U.S.
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"WE EXPECT FED TO DELIVER CONSECUTIVE 25BP CUTS FROM NOVEMBER 2024 THROUGH JUNE 2025 TO A TERMINAL RATE RANGE OF 3.25-3.5%"

Goldman Sachs expects series of consecutive 25 basis point Fed cuts ahead Oct 16 (Reuters) - Goldman Sachs GS.N on Wednesday said it expects the U.S. Federal Reserve to deliver consecutive 25-basis-point interest rate cuts from November 2024 through June 2025 to a terminal rate range of 3.25-3.5%. Reporting by Brijesh Patel in Bengaluru Editing by
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Goldman Sachs Unit In Talks To Join Northvolt Rescue Effort - Bloomberg News

BRIEF-Goldman Sachs Unit In Talks To Join Northvolt Rescue Effort - Bloomberg News Oct 16 (Reuters) - Goldman Sachs Group Inc GS.N : GOLDMAN SACHS UNIT IN TALKS TO JOIN NORTHVOLT RESCUE EFFORT - BLOOMBERG NEWS Source text: https://tinyurl.com/mpcf24cm Further company coverage: GS.N
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Wall Street nemeses revitalize clash of titans

BREAKINGVIEWS-Wall Street nemeses revitalize clash of titans The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Jonathan Guilford NEW YORK, Oct 16 (Reuters Breakingviews) - Wall Street’s favorite arch-rivalry is again the main event. Morgan Stanley MS.N boss Ted Pick unveiled a 56% jump in deal-related revenue, propelling the mega-bank’s shares to a record high on Wednesday.
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Goldman, Citi among 22 banks on CD&R’s buyout of Sanofi unit - Bloomberg News

MEDIA-Goldman, Citi among 22 banks on CD&R’s buyout of Sanofi unit - Bloomberg News -- Source link: https://tinyurl.com/kk8h626c -- Note: Reuters has not verified this story and does not vouch for its accuracy
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Boeing hones $15 billion financing plan to weather crises, sources say

UPDATE 4-Boeing hones $15 billion financing plan to weather crises, sources say Boeing plans to raise $15 billion via stock and hybrid bonds -sources Also considering structured finance transaction to raise $5 billion - source Company faces regulatory scrutiny, production curbs and customer confidence loss Planemaker's investment grade rating is in peril Adds consideration of structured finance deal in paragraph 3 By Shankar Ramakrishnan, Echo Wang and Tim Hepher Oct 16 (Reuters) - Boeing BA.N i
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US banks rise as top lenders surpass Q3 profit estimates

BUZZ-US banks rise as top lenders surpass Q3 profit estimates ** U.S. banking index tracking .BKX large-cap stocks up ~1.7% after Morgan Stanley's MS.N Q3 results ** MS last up ~6.6% after hitting record high earlier in the session as its Q3 profit beat estimates on a rebound in dealmaking and debt underwriting ** "The stars are aligning for the business.
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