08:34 AM EDT, 04/11/2025 (MT Newswires) -- Crombie Real Estate Investment Trust (CRR-UN.TO) said Friday it agreed to sell a 50% stake in The Marlstone, a mixed-use residential rental project currently under development in Halifax, Nova Scotia, to Montez for $32.2 million. Crombie said forming a 50/50 joint venture for the project would reduce future capital requirements, accelerate value creation,...

08:33 AM EDT, 04/11/2025 (MT Newswires) -- (Updates with recent share movement in the last paragraph.) BlackRock ( BLK ) reported Q1 adjusted earnings Friday of $11.30 per diluted share, up from $9.81 a year earlier. Analysts polled by FactSet expected $10.08. Total revenue for the quarter ended March 31 was $5.28 billion, up from $4.73 billion a year earlier....

* CEO Scharf warns tariffs could slow growth * Shares rise pre-market after bank reiterates annual expense forecast * Bad loan provisions lower than analysts expected (Adds executive comments from media call in paragraphs 9-10, and profit estimate in paragraph 12) By Arasu Kannagi Basil and Saeed Azhar April 11 (Reuters) - Wells Fargo's ( WFC ) profit rose 6%...

LONDON (Reuters) - HSBC is preparing a foray into the white-hot market for private credit, five sources with knowledge of the plans said, the latest move by a global bank to get in on the booming sector. HSBC's plan, reported here for the first time, shows how the bank is looking at ways to increase revenue after months of restructuring, job...