PwC Pushes Back at Evergrande Letter

PricewaterhouseCoopers has responded to a public letter that blamed some of its executives for the global accounting firm's exposure to China Evergrande, the fallen property giant. 


 
Bank of America Posts Better-Than-Expected Adjusted Earnings

Bank of America's adjusted earnings in the first quarter were 83 cents a share, beating analysts' estimates of 76 cents. 


 
Morgan Stanley Is Set to Report First Quarterly Results Under New CEO

The earnings come days after a report that federal regulators are looking into the vetting of customers at a core business. 


 
Evolution Equity Raises $1.1 Billion for Cybersecurity Bets

Evolution Equity Partners has wrapped up fundraising with $1.1 billion collected for a fund to back cybersecurity companies through growth investments. 


 
Wall Street Powers Goldman to Higher Quarterly Earnings

Revenue from investment banking and trading, the bank's traditional powerhouses, surged. 


 
Alantra Partners Leads Growth Deal for Energy AI-Software Maker GridBeyond

GridBeyond's software uses artificial intelligence to help owners of renewable-power assets manage their systems. 


 
Charles Schwab Stock Rallies. Outlook for Cash Sorting Is Better Than You Think.

The company's total client assets hit a record $9.1 trillion for the first quarter, up 20% from the same period a year ago. 


 
M&T Bank Had a Tough Quarter. Why the Stock Is Leading the S&P 500 Today.

The regional lender's earnings and net interest income decline sharply from the year-ago quarter. 


 
Here's What Higher for Longer Means for the Stock Market

Stocks are still trading near record levels, but some investors say further gains may be more difficult to come by. 


 
Certain Biotech Investors Get an Early Look at Results. Is That Fair?

Private investments in public equities, or PIPEs, are all the rage in biotech, but some investors resent the sharing of nonpublic information.


(END) Dow Jones Newswires

04-16-24 0715ET