It's easy to peg millennials as non-savers, but Bank of America's 2020 Better Money Habits report states otherwise. Specifically, it found that 73% of millennials (aged 24-41) are saving some amount of money, and that 59% of millennials with savings have $15,000 or more.
(RTTNews) - U.K. stocks advanced on Thursday as the Bank of England maintained its key interest rate and refrained from unveiling additional quantitative easing, despite the coronavirus pandemic taking its toll on the economy.
For the past two months, the U.S. economy has been put through the wringer like never before. The spread of the coronavirus disease 2019 (COVID-19), of which there are around 1.2 million cases confirmed in the U.S. (that's a third of the global total), wound up bringing nonessen
(RTTNews) - Automotive supplier Magna International Inc. (MG.TO, MGA) Thursday posted significantly lower profit for the first quarter in the absence of a year-ago gain, as sales slid by 18 percent year-on-year.
(RTTNews) - UK branded clothing company Superdry plc (SDRY.L, SEPGF.PK, SEPGY.PK) reported lower group revenues in the fourth quarter, but higher Ecommerce revenues. Further, in light of the current situation, the Board has decided not to recommend paying a final dividend in rel
(RTTNews) - While reporting its first-quarter financial results on Thursday, Hecla Mining Co. (HL) said that amid the COVID-19 pandemic, four out of its five mines are operating, representing 95 percent of Hecla's production. There are no known cases of COVID-19 at any of Hecla'
(RTTNews) - Healthcare company GlaxoSmithKline plc (GSK, GSK.L) announced Thursday that it has agreed to sell its entire 5.7 percent stake in Hindustan Unilever Limited or HUL, the Indian unit of Unilever plc (UN, ULVR.L, UL).
(RTTNews) - Rathbone Brothers Plc. (RAT.L) reported Thursday that its underlying operating income for the first quarter declined 0.8 percent to 84.6 million pounds from 85.3 million pounds in the year-ago period.
(RTTNews) - Continental AG (CTTAY.PK) reported that its first quarter net income to shareholders declined to 292.3 million euros from 575.2 million euros, previous year. Earnings per share was 1.46 euros compared to 2.88 euros. Adjusted EBIT declined to 432 million euros from 88
(RTTNews) - German reinsurer Munich Re (0KFE.L) reported Thursday that its profit for the first-quarter fell 65.1 percent to 221 million euros from 633 million euros in the same period last year. On a per share basis, net income was 1.57 euros, down sharply from 4.35 euros in th
(RTTNews) - Liberty Global plc (LBTYA, LBTYB and LBTYK) and Spanish telecom major Telefonica SA (TDE.L, TEF) announced Thursday an agreement to merge their
operating businesses in the U.K. to form a 50:50 joint venture.
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