AlTi Global Swings To Profit In Q1
(RTTNews) - AlTi Global, Inc. (ALTI) reported Friday net income attributable to AlTi for the first quarter of $29.35 million or $0.18 per share, compared to a net loss of $68.74 million or $1.19 per share in the prior-year quarter.
Total revenues for the quarter declined to $50.81 million from $58.05 million in the same quarter last year.
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AlTi Global Slips To Loss In Q2
AlTi Global, Inc. (ALTI) reported Friday a net loss attributable to AlTi for the second quarter of $5.99 million or $0.18 per share, compared to net income of $42.74 million or $0.25 per share in the prior-year quarter.
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AlTi Global Promotes COO Kevin Moran To Addl. Role Of President
Global wealth and alternatives manager AlTi Global, Inc. (ALTI) announced Friday that Chief Operating Officer Kevin Moran is promoted to the role of President with immediate effect, reporting to CEO Michael Tiedemann.
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TSX Ends Modestly Lower, Drops Nearly 1.5% In Week
The Canadian market ended on a weak note on Friday, extending losses to a fifth straight session, on concerns about the outlook for economic growth, and on uncertainty about the outcome of the upcoming U.S. presidential election.
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Dollar Rises Against Major Counterparts
After staying quite subdued during the Asian and European sessions, and early on in the New York session, the U.S. dollar climbed higher on Friday amid bets the Federal Reserve will be less aggressive with regard to interest rate cuts, and on speculation former President Donald Trump coming to power for a second term.
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Gold Futures Settle Modestly Higher For The Session, Gain 1% In Week
Gold futures settled higher on Friday despite a slightly stronger dollar, as rising predictions of a Trump presidency as well as geopolitical tensions in the Middle East pushed up demand for the safe-haven yellow metal.
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Swiss Market Ends Slightly Higher
The Switzerland market ended slightly up on Friday after a choppy session as investors largely refrained from making significant moves due to a lack of triggers.
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21घंटे 46 मिनट पहले
Major European Markets Close Slightly Lower
European stocks closed slightly lower on Friday with investors largely reacting to quarterly earnings results, and assessing the outlook for growth in the wake of recent economic data.
Persisting worries about tensions in the Middle East and uncertainty about the outcome of the upcoming U.S. presidential election weighed a bit on stocks.
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Canadian Dollar Weakens In Cautious Trade
The Canadian dollar declined against its major counterparts in the New York session on Friday, as investors became cautious ahead of the U.S presidential election, jobs data and key tech earnings.
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