British regulator challenges Google's ad tech practices for stifling competition
The UK's Competition and Markets Authority (CMA) has issued a statement of objections against Google, accusing the tech giant of anti-competitive behaviour in the online display advertising sector. The CMA's provisional findings suggest that Google may have used its dominance in ad tech services to restrict competition in the UK market.
Comerica: One Of The Banks To Own In Falling Interest Rate Environment
Falling interest rates to alleviate pressure on deposit outflows. Comerica expects net interest income to gain 2% from 200bps Fed rate cut. Loss of Fiscal Service deposits worth $3.3bn to present biggest headwind in 2025.
6 Blue-Chip Dividend Giants Every Passive Income Investor Should Own
24/7 Wall St. Insights Blue chip dividend stocks are among the safest equities investors can own.
Barratt-Redrow merger to complete today after CMA green light
Barratt Developments PLC (LSE:BDEV) has been given approval by the Competition and Markets Authority to complete its takeover of Redrow PLC (LSE:RDW). The CMA said today it considers there are reasonable grounds to believe that the undertakings offered by Barratt in response to its modest initial competition concerns "might be accepted" as a remedy, which will mean it will not need to refer the deal to a deeper 'Phase 2' investigation.
UK watchdog approves Facebook-parent Meta's advertising data changes
The UK Competition and Markets Authority (CMA) has agreed to changes in Facebook-parent Meta Platforms Inc (NASDAQ:META, ETR:FB2A, SWX:FB)'s usage of its advertising customers' data. In response to competition concerns raised by the CMA, Meta in May committed not to use competitors' advertising data for its Facebook Marketplace online classified ad service.
UK's CMA Launches Merger Inquiry Into Amazon Partnership With Anthropic
Amazon's partnership with artificial intelligence company Anthropic is being investigated by the United Kingdom's competition and markets regulator. The Competition and Markets Authority (CMA) launched a merger inquiry after collecting comments in April and May on whether the partnership could result in a lessening of competition in the market, according to a Thursday (Aug.
Wall Street's Most Accurate Analysts Weigh In On 3 Financials Stocks With Over 5% Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Goldman Sachs Loves 5 Very Surprising High-Yield Dividend Stocks in July
24/7 Insights High-yield dividend stocks could outperform over the next year.
Get Your Money Out of These 3 Financial Stocks by 2025
While it is true that many financial stocks have rebounded in the market this year thanks to high profitability levels and increased demand, some have not enjoyed this same turn of fortune. The financial industry remains one of the most profitable industries in the world.
These Analysts Revise Their Forecasts On Comerica After Q2 Results
Comerica Incorporated CMA posted better-than-expected quarterly results on Friday.
Comerica: Ongoing Deposit Pressure In Q2 Limits Upside
Comerica shares plunged over 10% after disappointing earnings, wiping out gains from the past year, as net interest income pressures persist. Struggles with noninterest-bearing deposit outflows are pressuring net income, making earnings growth more difficult. Loss of Direct Express debit card contract will lead to a $3.3 billion headwind in 2025, impacting earnings by at least $0.60.
Why Comerica Stock Is Down Big Today
Comerica beat earnings expectations, but net interest income continues to be under pressure. The bank lowered its forecast for interest income for the year.
