Investors wade into bank debt as tariffs bite and key bank regulator is replaced
Bank bond spreads against U.S. Treasurys widened and money flowed into most debt issued by major banks on Monday, in a sign ...
Trump's tariffs on Mexico, Canada and China could shave 1% from U.S. GDP growth
President Donald Trump’s tariffs on Mexico, Canada and China, if all implemented, could shave 1% from U.S. GDP growth and add 1% to annualized price-pressure figures, according to José Torres, senior ...
Paramount Resumes Partnership with Nielsen
Paramount Global has resumed its partnership with media measurement firm Nielsen, ending a public dispute over the cost of their arrangement. The owner of the CBS broadcast network said Monday that it ...
International Bancshares Raises Semiannual Dividend by 6%
International Bancshares said Monday its board of directors approved a 6% increase to its semiannual cash dividend. The financial holding company, which has 166 facilities and 256 ATMs in Texas and ...
Owens & Minor Hits Four-Year Low After Goodwill Charge, New Debt
Shares of Owens & Minor touched a four-year low after the company said it took a $310 million goodwill impairment last quarter and would take on more debt to fund an acquisition. The stock fell 32%, ...