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...Hedge funds that use the pass-through model only delivered 5.98 per cent net of fees, the first time in three years they lagged behind peers....
...Jacques Delors, the former president of the European Commission and one of the main architects of today’s EU, has died at the age of 98....
...Quarterly revenues slipped year on year to £4.2bn, just shy of market expectations of £4.3bn as its balance of mortgages reduced....
...Existing Webull shareholders will own 98.1 per cent of the new company and control all the voting rights, via a dual class share structure....
...The former Italian president Giorgio Napolitano, who played a pivotal role in helping to restore market confidence in his country amid the mayhem of the eurozone debt crisis, has died at age of 98....
...Traders reduced expectations of June and July cuts, putting the odds of the latter at just 58 per cent, versus 98 per cent prior to the report....
...Interest rate sensitive two-year German Bund yields — a benchmark for the eurozone — held steady at 2.98 per cent, up 0.02 percentage points on the day....
...Brent crude, the global benchmark, gained 0.36 per cent to $90.98....
...The company said it expected adjusted earnings per share to be 98 cents, up from previous expectations of 93 cents but below analysts’ expectations of $1....
...This article picked by a teacher with suggested questions is part of the Financial Times free schools access programme. Details/registration here. Read our full range of economics picks here....
...Rail union Aslef, which says it represents 96 per cent of Britain’s train drivers, said more than 98 per cent of underground train drivers in the union had voted to strike over “London Underground’s failure...
...Then-president Donald Trump won the Republican primary with 137,275 votes, or 98 per cent of the vote....
...Vanderbilt University made headlines this month after a letter sent to a newly admitted engineering student showed the total cost of attendance would be $98,426 for the 2024-25 school year....
...Boeing’s stock fell almost 2 per cent to $200.20, putting them down 20 per cent since the start of the year, while Spirit’s closed up more than 15 per cent at $32.98, valuing it at almost $4bn....
...On a statutory basis, the company reported an annual loss before tax of £98.3mn, down from a £225.3mn loss the previous year....
...Fourth-quarter adjusted earnings per share came in at $2.98, significantly ahead of market expectations of $2.40, despite a decline in comparable sales....
...On underlying profit of €7.6bn last year, Axa announced a €1.6bn share buyback and a dividend of €1.98 per share. Net income rose 8 per cent to €7.2bn but slightly missed analyst forecasts....
...The fund predicted further increases in the UK’s ratio of net debt to gross domestic product, from 92 per cent today to 98 per cent by the end of the decade....
...Traders had also previously seen a July cut as a near certainty, but halved their bets on that timing from about 98 per cent to 50 per cent after Wednesday’s report was released....
...Lloyds’ net interest margin (NIM) — the difference between the interest it charges on loans and the rate it pays on customer deposits — fell to 2.95 per cent from 2.98 per cent in the previous quarter....
...Public sector debt, or borrowing accumulated over time, was about 98.3 per cent of GDP, the highest since the early 1960s....
...Its shares have lost 98 per cent of their value since their 2021 peak. Tellingly, one of the most successful clothing retailers in the US at the moment has little to no ecommerce presence....
...The company subsequently lost 98 per cent of its market value. Last year creditors took it over and delisted it from the Johannesburg Stock Exchange....
...His change of plea for some of the charges was confirmed by a person familiar with the matter....
...The yield on the 10-year bond slipped 0.05 percentage points to 3.98 per cent. US stocks hardly moved on Thursday, finishing nearly flat after some early-session gyrations....
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