Keppel sets $100B interim FUM target by 2026, outlines new cost savings of $50M
Asset management fees increased by 54% to $436 million in FY 2024, with funds under management rising from $55 billion to $88 billion. Keppel is targeting $100 billion in FUM by 2026 and $200 billion ...
Archer-Daniels Midland Should See More Stable Profits as Crop Prices Near Midcycle Levels
Archer-Daniels Midland is in excellent financial health. As of Dec. 31, ADM reported net debt of $10.2 billion. Management reported a net debt/adjusted EBITDA ratio of approximately 2.0 times, which ...
How ETFs are reshaping fixed income market structure and investment opportunities
Aside from redefining how bonds are traded, ETFs are creating new investment opportunities for institutional and retail ...
Pfizer shows profit growth from cost cuts and steadier COVID sales
Drugmaker Pfizer posted a better-than-expected fourth-quarter profit on Thursday, helped by cost cuts it began last year as ...
ADM outlines $2B portfolio simplification opportunities amid cost management push
Juan Luciano, Chair of the Board and CEO, highlighted that ADM reported Q4 adjusted EPS of $1.14 and full-year adjusted EPS of $4.74, aligning with the midpoint of guidance. Total segment operating ...