Jefferies beats profit estimates on deal surge, equities trading strength

Jefferies beats profit estimates on deal surge, equities trading strength

Jefferies beats profit estimates on deal surge, equities trading strength
Canopy Growth (CGC -1.85%) has spent the better part of the past five years destroying shareholder value. The stock is down more than 99% from its all-time high. The company has burned through billions of dollars, diluted shareholders repeatedly, exited non-core businesses, and cycled through multiple restructuring efforts. So why is it even worth discussing?…
14 July 2026 Pilot to take place at the ECB and several Eurosystem national central banks to test digital euro functionalities Over 50 applications received, reflecting strong market interest and engagement Selected participants span a broad range of business models and sizes and offer broad geographical coverage The European Central Bank (ECB) has selected 36…
A new study from alts platform iCapital found that advisor usage of alternative investments continues to gain momentum, despite some of the challenges that faced private credit. However, asset allocation preferences have shifted as well as what advisors are prioritizing when it comes to alts technology. Overall, the study found that 89% of surveyed advisors…
At Sibos 2026, Bank of America announced that it had executed its first real-time payment initiated by Bradesco. Bank of America Corp. has completed its first pilot transaction for a new cross-border real-time payments service, partnering with São Paulo–based Banco Bradesco SA to execute the transfer. The bank announced the milestone during the annual Sibos…
Every fund charges an annual expense ratio, a percentage of your assets taken as a fee regardless of performance. A 1% expense ratio on a $100,000 portfolio costs you $1,000 a year, while index funds from major low-cost brokerages commonly charge 0.03-0.05%. Check yours, because that difference compounds into tens of thousands over an investing…
Lauren Templeton built a company around creativity. A London-based performing arts entrepreneur and coach, she’s grown her school, Select School of Performing Arts, from three ballet classes in one studio into a 50-location organization reaching more than 1,000 students a week. At first, that growth came from a single creative source: her. “When I founded Select, I was…