French insurer AXA said it expected to book net proceeds of $3.1 billion from the sale of a 29% stake in AXA Equitable Holdings (EQH) as it exits its U.S. life insurance business.
French insurer AXA said it expected to book net proceeds of $3.1 billion from the sale of a 29% stake in AXA Equitable Holdings (EQH) as it exits its U.S. life insurance business. AXA, the second-largest European insurer after Germany’s Allianz , has been gradually divesting from EQH to raise funds to pay for its $15 billion acquisition of Bermuda-based rival XL last year. AXA said in a statement on Friday it had sold 144 million EQH shares at $21.80 per share to Goldman Sachs , the sole underwriter in a secondary public share offering expected …read more […]
Q3 2019 TMX Group Ltd Earnings Call …read more […]
Alibaba has extended its investment banking syndicate as it works towards a $10 billion to $15 billion listing in Hong Kong at the end of the month, according to three sources with direct knowledge of the matter.
A Sino-U.S. trade war could ease somewhat but wider conflicts between the world’s two largest economies will continue, Lou Jiwei, a former Chinese finance minister, said on Saturday.
The European Union’s largest states are pushing for the establishment of a new supervisory authority that would take over from states the oversight of money laundering at financial firms, after a series of scandals at the bloc’s banks.
Q3 2019 GasLog Ltd Earnings Call …read more […]
Q3 2019 CIRCOR International Inc Earnings Call …read more […]
Q3 2019 Western Asset Mortgage Capital Corp Earnings Call …read more […]
(Bloomberg) — A bond-market warning light that glowed green for years is suddenly flashing red. The bad news for bondholders is that the last time this happened, it was accompanied by the biggest sell-off since the aftermath of the global financial crisis.That indicator is the term premium, which, for both Treasuries and German bunds, has snapped back from last quarter’s record lows. The U.S. gauge is now on track for the biggest three-month increase since late 2016.After a stellar rally through August, global bonds have pulled back in recent weeks as thawing trade tensions lightened the global economic gloom, sapping …read more […]
While Future Retail Limited (NSE:FRETAIL) shareholders are probably generally happy, the stock hasn’t had particularly… …read more […]
Q3 2019 Vuzix Corp Earnings Call …read more […]
Q3 2019 DiamondRock Hospitality Co Earnings Call …read more […]
Investing can be daunting, but it is not brain surgery. Engage, ask questions, make suggestions, then sit back and observe. …read more […]
Q3 2019 Karyopharm Therapeutics Inc Earnings Call …read more […]
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