Coty beats quarterly revenue, calls fiscal 2027 ’transition year’ on business overhaul
Coty beats quarterly revenue, calls fiscal 2027 ’transition year’ on business overhaul
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Lenders trim rates again as competition heats up: Moneyfacts – Mortgage Finance Gazette
Lenders continued cutting fixed rates this week as competition intensified, according to the latest Moneyfacts rate watch. The average two-year fixed rate is now 5.46%, down from 5.51% last week. The typical five-year fixed rate is also currently 5.51%, a reduction from 5.48% one week ago. The mortgage type to see the largest average rate…
Chase, Wells, BofA post strong Q2 mortgage gains
Mortgage loan production volume at three of the nation’s largest banks came in above expectations for the second quarter, which a pair of nonbank analysts believe is a positive for the segment. Processing Content JPMorgan Chase reported origination volume of $17.2 billion for the quarter, compared with $13.7 billion in the first quarter (26% higher)…
Tata Sons IPO: Tata Trusts Revisits 2004 Playbook—Could India’s Biggest Tata IPO Stay Off The Market?
Tata Trusts is in a tug-of-war with the RBI to keep Tata Sons, the group’s holding behemoth, off the market. To do so, the Noel Tata-backed trust has revisited its 2004 playbook—but in reverse. It is now proposing to merge two entities into Tata Sons, potentially changing its status as an NBFC-CIC in the Upper…
Spectral Gains Clarity Following FDA Meeting On PMA For Sepsis Therapy
(RTTNews) – Spectral Medical Inc. (EDT.TO), a late-stage theranostic company, on Friday announced updates regarding its 100-day meeting with the U.S. Food and Drug Administration (FDA) for Toraymyxin in treating sepsis. Sepsis is a life-threatening illness defined by the entry of bacteria into the blood. Treated with a heavy dose of broad-spectrum antibiotics, treatments often…
Luigi Mangione Pleads Guilty to Federal Stalking Charges
Luigi Mangione admitted on Friday to tracking down and shooting Brian Thompson in a court hearing where he pleaded guilty to stalking charges in connection with the UnitedHealthcare CEO’s killing. Mangione reversed his previous not-guilty plea while Thompson’s family members looked on from the front row of the downtown Manhattan courthouse. Thompson’s widow, Paulette Thompson,…
CMHC forecasts home price declines as housing slowdown deepens
Canada’s housing market is now expected to contract in 2026, with home sales, prices and housing starts all declining amid persistently weak demand, according to an updated forecast from Canada Mortgage and Housing Corporation. CMHC expects 457,200 homes to change hands this year, down 2.8% from 470,314 in 2025. The national average price is forecast…
