Australian carrier Qantas’ full-year profit falls 14%

US buy side flocked to FX forwards and options in Q1 – Risk.net Skip to main content End of drawer navigation content Counterparty Radar: Pimco led $187 billion rise in forwards notional among funds, while TIAA drove insurer activity US buy-side firms piled up foreign exchange derivatives positions during the first quarter of the year,…

High-flying pharmaceutical company AbbVie (ABBV -2.51%) has seen its stock rise in many recent sessions. Yet Friday’s wasn’t one of them, as the company’s shares took a nearly 3% loss on the back of a second-quarter earnings report that investors found uninspiring. Another double-digit quarter AbbVie unveiled that quarter’s figures before market open. Its revenue…

Munis were slightly weaker on Friday, as U.S. Treasuries cheapened and equities ended higher. Processing Content Muni yields cheapened by up to two basis points. USTs cheapened by three to five basis points outside of the one-year mark. Monday will bring the second-highest semi-monthly reinvestment of the year, but the week could still be a…

Housing starts in the US surged in June after a sharp drop a month earlier, driven by a rebound in apartment construction. Processing Content New residential construction increased 19% last month to an annualized rate of 1.43 million, the highest since March, government data released Friday showed. That topped all estimates in a Bloomberg survey…

Figure Technology Solutions (Nasdaq: FIGR; OPEN: FGRS), a capital markets blockchain firm founded by Mike Cagney, reported Q2 earnings, delivering net revenue of $226 million, up 113% from the same period the prior year. The consumer loan marketplace booked $4.3 billion in volume during the quarter, a 132% increase year over year. Net income increased…