Caesars Entertainment: Why A Merger Arb Trade Could Be Worth A Flyer

Oil climbs, bonds slide on Mideast hostilities

(RTTNews) – Industrivarden (IDVA.BE, INDU_A.ST, INDU_C.ST, IDVA.F) reported that its second quarter net income was 24.63 billion Swedish kronor compared to 1.84 billion kronor, prior year. Earnings per share was 57.03 kronor compared to 4.27 kronor. Dividend income was 4.38 billion Swedish kronor compared to 5.22 billion kronor, last year. Operating income was 24.73 billion…

Elliott Kunstlinger (pictured top), who recently joined Eastern Union as a senior mortgage broker, said the reality of those headwinds became clear following a recent conversation with a contact at a major institutional lender. “Yes, rates are where they are, and everybody likes to point to that,” Kunstlinger told Mortgage Professional America. “But I was…

Bonds financing the massive artificial-intelligence buildout were hit hard by selling on Tuesday, as Amazon.com set out to borrow another $25 billion in new debt.

tum3123/iStock via Getty Images Market Overview Emerging markets rallied in the second quarter as AI momentum among some of the largest technology names accelerated amid vigorous earnings results. The MSCI Emerging Markets Index rose 24.1% for the quarter, outperforming most global equity markets due to strength in South Korea, which surged 87.6%, and Taiwan, which…

A pending merger between two Northeastern banks should increase borrowing opportunities for New England customers, thanks in part to the expansion of the company’s soon-to-be rebranded mortgage affiliate.  Processing Content Massachusetts-based Hometown Financial Group, the parent holding company of three individual brands, announced it had reached a deal to acquire Primary Bank, a publicly traded…