Visa's stock gains after earnings, as one simple message resonates

Visa shares were moving higher in after-hours trading Tuesday, after the payments company sported an earnings beat and showed off continued growth in spending. 


 
BOE Chief Economist Pill Says Key Rate Cut Is Some Way Off

A first cut in the Bank of England's key interest rate remains some way off, its chief economist said. 


 
Cathie Wood's Popular ARK Funds Are Sinking Fast

Investors have pulled a net $2.2 billion from ARK's active funds this year, topping outflows from all of 2023. 


 
Fundamental Advisors Seeks $1.5 Billion to Invest in Municipal Assets

Fundamental Advisors aims to collect $1.5 billion to buy assets such as senior-care properties, where the credit specialist sees opportunities despite increased scrutiny of private-equity investments in healthcare, people familiar with the matter said. 


 
Blackstone's Beleaguered Real-Estate Fund Stems Exodus

The firm was able to fulfill all investor redemption requests in February and March for the first time since late 2022. 


 
Turning a Vault Into a Bomb Shelter: How Citigroup Has Kept Its Bank Running Inside Ukraine

Two years into the war, Citigroup is the only U.S. bank around, navigating a sometimes treacherous landscape. 


 
Driebusch's Take: String of Successful IPOs Suggest Risk Tolerance Is Rebounding

Cybersecurity software company Rubrik is listing its shares in a long-awaited initial public offering this week, the latest in a string of high-profile IPOs. 


 
DNB Earnings Supported by Corporate Market and Strong Economy

DNB Bank's first-quarter earnings beat forecasts, helped by a positive trend in the corporate market and a resilient Norwegian economy. 


 
Financial Services Roundup: Market Talk

Read about mortgage investors in the U.S., SPDR Gold shares, PulteGroup, and more in the latest Market Talks covering Financial Services. 


 
CVC Looks to Raise EUR250 Million in Amsterdam Float

CVC has priced its IPO implying a market valuation of up to $16 billion and said it planned to raise EUR250 million.


(END) Dow Jones Newswires

04-24-24 0015ET