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Bill Ackman kicks off roadshow for combined IPO of Pershing Square, new fund

Bill Ackman kicks off roadshow for combined IPO of Pershing Square, new fund

April 13 (Reuters) - Bill Ackman's Pershing Square kicked off a roadshow for the U.S. initial public offerings of the billionaire investor's management company and a new fund on Monday.

Goldman Sachs posts higher profit on strength in dealmaking, equities trading

Goldman Sachs posts higher profit on strength in dealmaking, equities trading

By Utkarsh Shetti and Saeed Azhar April 13 (Reuters) - Goldman Sachs posted a rise in first-quarter profit on Monday, as the Wall Street bank benefited from strength in dealmaking and equities trading.

JPMorgan profit rises as volatile markets drive trading division

JPMorgan profit rises as volatile markets drive trading division

April 14 (Reuters) - JPMorgan Chase reported a rise in first-quarter profit on Tuesday as its trading division got a boost from volatility across global markets.

US stock futures climb as traders cling to de-escalation hopes, await earnings

US stock futures climb as traders cling to de-escalation hopes, await earnings

April 14 (Reuters) - U.S. stock index futures rose on Tuesday as traders held onto hopes of a de-escalation in the Middle East conflict, while awaiting March producer price data and a fresh round of corporate earnings. U.S.

BlackRock Raises Outlook on U.S. Stocks Amid Ceasefire and Strong Earnings

BlackRock Raises Outlook on U.S. Stocks Amid Ceasefire and Strong Earnings

BlackRock Raises Outlook on U.S. Stocks Amid Ceasefire and Strong Earnings

Citigroup upgrades US equities as tech strength and earnings outlook soothe Mideast war woes

Citigroup upgrades US equities as tech strength and earnings outlook soothe Mideast war woes

April 14 (Reuters) - Citigroup has turned bullish on U.S. equities, joining a flurry of brokerages betting on resilient corporate earnings, attractive valuations following recent pullbacks, and the rising contribution of U.S. technology stocks to global earnings growth.

European shares gain on hopes of potential US-Iran peace talks

European shares gain on hopes of potential US-Iran peace talks

April 14 (Reuters) - European shares rose on Tuesday, recovering from a sombre start to the week, as investors were hopeful about potential Middle East peace negotiations nFWN40X04B, even as the U.S. implemented a blockade nL6N40X074 of Iranian ports.

Wells Fargo profit rises on interest income, trading boost

Wells Fargo profit rises on interest income, trading boost

April 14 (Reuters) - Wells Fargo's profit rose in the first quarter, aided by higher income from interest payments and as its traders reaped benefits from volatile markets.

Baker Hughes to sell Waygate unit to Hexagon for about $1.45 billion

Baker Hughes to sell Waygate unit to Hexagon for about $1.45 billion

By Pooja Menon and Gnaneshwar Rajan April 13 (Reuters) - Baker Hughes said on Monday it will sell its unit, Waygate Technologies, to Sweden-based Hexagon for about $1.45 billion in cash, as the oilfield services provider reorganizes its business to focus on high-growth areas.

J&J's first-quarter profit beats estimates even as Stelara sales disappoint

J&J's first-quarter profit beats estimates even as Stelara sales disappoint

By Michael Erman April 14 (Reuters) - Johnson & Johnson reported first-quarter earnings that beat Wall Street expectations on Tuesday and raised its full-year forecast, as strong demand for cancer drug Darzalex and psoriasis treatment Tremfya more than offset a steep falloff in sales of its

Morgan Stanley maintains oil price forecasts and predicts slow recovery in supply

Morgan Stanley maintains oil price forecasts and predicts slow recovery in supply

April 13 (Reuters) - Morgan Stanley left its Brent crude oil price forecasts unchanged on Monday, at $110 a barrel for the second quarter of 2026 and $100 a barrel in the third quarter, falling to $80 a barrel in 2027.

Wall Street futures drop after US-Iran peace talks fail

Wall Street futures drop after US-Iran peace talks fail

April 13 (Reuters) - Wall Street futures slipped on Monday, starting the week on a subdued note, after talks between the U.S. and Iran over the weekend failed to deliver a deal nL6N40V09S to end the war.