Morgan Stanley Infrastructure Partners, Crowley Advance U.S. Wind Energy
Morgan Stanley Investment Management (“MSIM”), through Morgan Stanley Infrastructure Partners (“MSIP”), and maritime, energy and logistics solutions leader Crowley announced yesterday the creation of a new joint venture to advance offshore wind energy solutions for the United States. The joint…
Schwab Q3 Trader Sentiment Survey: Recession Expectations Start to Recede as Trader Outlook Brightens in the Third Quarter
After two consecutive quarters of recession anticipation, trader expectations are shifting to a more optimistic sentiment overall about the market environment. The latest Charles Schwab Trader Sentiment Survey reveals that traders are more bullish on the U.S. stock market than…
AIA delivers excellent growth in the first half of 2023
The Board of AIA Group Limited (the “Company”) is pleased to announce the Group’s financial results for the six months ended 30 June 2023. Growth rates are shown on a constant exchange rate basis: New business performance Earnings and capital…
Cigna Healthcare Removes 25 Percent of Medical Services From Prior Authorization, Simplifying the Care Experience for Customers and Clinicians
Cigna Healthcare, the health benefits provider of The Cigna Group (NYSE: CI), announced the removal of nearly 25 percent of medical services from prior authorization (or precertification) requirements. With the removal of these more than 600 additional codes, the company…
Humana Announces New Agreement with Interwell Health That Expands Comprehensive Care for Members Living with Chronic Kidney Disease
Leading health and well-being company Humana Inc.opens new window (NYSE: HUM), and kidney care management company Interwell Healthopens new window, have announced a new value-based care agreement in 13 states for most Humana Medicare Advantage HMO and PPO members living with chronic kidney…
CBA records strongest asset finance growth on record
New data from Commonwealth Bank (CBA) shows investment by Australian businesses in machinery and equipment upgrades has continued to grow, with the bank funding record volumes in new asset financing. CBA’s lending across a variety of assets grew significantly over…
Veterans turning small business dreams into reality
CommBank for Veterans has been helping past and present veterans, as well as their families to start or grow businesses in a number of industries such as landscaping, retail wholesaling, motor and refrigeration operations, tourism hospitality operations, information technology, and…
Royal Bank of Canada to redeem Non-Cumulative First Preferred Shares, Series C-2
Royal Bank of Canada (RY on TSX and NYSE) today announced its intention to redeem all of its issued and outstanding Non-Cumulative First Preferred Shares, Series C-2 (the “Series C-2 shares”) on November 7, 2023, for cash at a redemption price of U.S. $1,000 per share…
ROYAL BANK OF CANADA REPORTS THIRD QUARTER 2023 RESULTS
Royal Bank of Canada11 (TSX: RY) (NYSE: RY) today reported net income of $3.9 billion for the quarter ended July 31, 2023, up $295 million or 8% from the prior year. Diluted EPS was $2.73, up 9% over the same period. Adjusted net income7 and adjusted EPS7 of $4.0 billion and $2.84, respectively,…
Royal Bank of Canada declares dividends
Royal Bank of Canada (RY on TSX and NYSE) announced today that its board of directors has declared a quarterly common share dividend of $1.35 per share, payable on and after November 24, 2023, to common shareholders of record at the close of business on October…
Blackstone Announces Record Final Close for Fourth Flagship Tactical Opportunities Fund
Blackstone (NYSE: BX) yesterday announced that its Tactical Opportunities business closed its fourth flagship commingled fund, Blackstone Tactical Opportunities Fund IV (“BTO IV”), raising a record $5.2 billion of capital commitments. Including other single-investor vehicles pursuing the same strategy, the…
Humana Inc. to Present at the Wells Fargo 2023 Healthcare Conference
Humana Inc. (NYSE: HUM) announced today that Bruce D. Broussard, President and Chief Executive Officer, and Susan M. Diamond, Chief Financial Officer, will make a presentation to investors at the Wells Fargo Healthcare Conference on Wednesday, September 6, 2023, at…