Wix.Com Ltd earnings beat by $0.06, revenue topped estimates
Investing.com – Wix.Com Ltd (NASDAQ: WIX) reported third quarter EPS of $1.50, $0.06 better than the analyst estimate of $1.44. Revenue for the quarter came in at $444.7M versus the consensus estimate of $443.97M. Guidance Wix.Com Ltd sees Q4 2024…
Japan stocks lower at close of trade; Nikkei 225 down 0.08%
Investing.com – Japan stocks were lower after the close on Wednesday, as losses in the Paper & Pulp, Gas & Water and Transport sectors led shares lower. At the close in Tokyo, the Nikkei 225 lost 0.08%. The best performers…
Exclusive-In high-wage Germany, VW’s labour costs outstrip the competition
By Victoria Waldersee and Christoph Steitz BERLIN/FRANKFURT (Reuters) – As Volkswagen (ETR:VOWG_p) and unions gear up for the next round of talks over wages and plant closures in Germany, company and industry data reviewed by Reuters show that the automaker…
Risk assets may be entering ‘danger zone’: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) -Even bulls now admit that U.S. stocks and credit are expensive. While many argue that the rosy macro outlook will keep the party going into next year, they’re cautious that the inevitable hangover will…
HSBC relaunches ‘Premier’ brand in UK in pursuit of wealthy clients
By Lawrence White LONDON (Reuters) – HSBC is relaunching its ‘Premier’ wealth banking brand in Britain, targeting so-called mass affluent customers who have between 100,000 and 2 million pounds ($2.5 million) to invest. Jose Carvalho, HSBC UK’s head of wealth…
Rothschild launches wealth management office in Dubai to tap wealth influx
By Federico Maccioni DUBAI (Reuters) – Rothschild has launched a wealth management office in Dubai to boost its offering to local clients as well as wealthy individuals in the region, it said on Tuesday, following other financial institutions tapping into…