Goldman Sachs Group's second-quarter profit fell more than 60% as a retreat from consumer businesses and declining investment values took a toll on the Wall Street giant.
Brazilian motor maker WEG SA reported a 50% jump in net profit, saying that "good demand" in the main regions where it operates helped it post positive figures.
U.S. oilfield technology firm Baker Hughes beat second-quarter profit estimates on Wednesday, helped by strong demand for its services and equipment as exploration activities remained resilient despite lower oil prices.
Exchange operator Nasdaq beat estimates for second-quarter profit on Wednesday on the back of consistent demand for its investment-related products and capital markets solutions such as anti-financial crime software.
Bain Capital has raised $1.15 billion for its first fund dedicated to investing in the insurance industry, as the private equity firm aims to create and invest in companies in the sector, a senior executive told Reuters.
M&T Bank Corporation beat Wall Street estimates for second-quarter profit on Wednesday, as the U.S. Federal Reserve's rapid rate hikes to tame inflation boosted the lender's interest income.
Carvana and creditors representing over 90% of its outstanding senior notes have agreed to a restructuring that will reduce the U.S. used-car retailer's total debt by over $1.2 billion, sending its shares surging 40% in premarket trading.
Swedish industrials group Atlas Copco on Wednesday reported second-quarter operating profit that beat market forecasts, but said demand was expected to weaken in the near term, sending its shares lower.
U.S. financial technology companies are tightening their lending standards, a move that has bolstered their access to debt financing from Wall Street investors, according to industry executives.
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