General Mills, Inc ( GIS ) shares are trading lower after the company reported worse-than-expected fourth quarter FY24 revenue. The company reported a fourth quarter sales decline of 6.3% year-on-year to $4.71 billion, missing the analyst consensus estimate of $4.85 billion. The revenue decrease reflected unfavorable net price realization and mix and lower pound volume. Organic net sales decreased 6%...

(Reuters) - Brokerage firm Interactive Brokers ( IBKR ) said on Wednesday it had lost $48 million due to a glitch at the New York Stock Exchange earlier this month that triggered massive swings in the price of Berkshire Hathaway's stock. The brokerage said it had filed claims with the NYSE to compensate it for these losses, but the exchange...

09:00 AM EDT, 06/26/2024 (MT Newswires) -- UBS (UBS) is asking the Swiss government for clarity on new capital requirements following its acquisition of Credit Suisse, Reuters reported Wednesday, citing unnamed sources. UBS investors are worried by signals from Swiss Financial Market Supervisory Authority Chief Executive Stefan Walter that he is considering tightening UBS capital requirements, Reuters reported. UBS wants...

09:03 AM EDT, 06/26/2024 (MT Newswires) -- BlackRock ( BLK ) said Tuesday it is partnering with financial technology firm GeoWealth to meet demand from wealthy clients for private markets, direct indexing and fixed income separately managed accounts. Financial terms of the partnership were not disclosed. Price: 793.00, Change: -1.39, Percent Change: -0.17 ...