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European Central Bank President Christine Lagarde is due to give a push conference following the bank’s most recent monetary coverage selection.
The bank introduced that it was getting its primary fee up by 25 basis points to 3.5%, diverging from a U.S. Federal Reserve conclusion to pause its possess hikes on Wednesday.
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Check out the companies making headlines after the bell : Hims & Hers Health — Shares dropped more than 6% after the telehealth company guided for adjusted EBITDA in its current quarter of between $35 million to $55 million. Analysts polled by LSEG were expecting $70 million. Aecom — The infrastructure consulting stock added 2% […]
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Key Points Odds that the party wins control of the lower chamber have fallen to 75% from 85.3% on April 28. While Democrats are still favored to win control of the House, the odds they do it are at their lowest level since late December. Source
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Key Points JPMorgan-led lenders cut FS KKR Capital’s credit facility by roughly $648 million, or 14%, while raising borrowing costs. FS KKR reported deepening losses and announced a $300 million support package from KKR for the troubled BDC days after the credit-line amendment. The fund, known by its ticker FSK, reported roughly $560 million in […]
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