Microsoft Corp ( MSFT ) shares are trading flat Thursday and lower by 3% over the trailing week, as traders and investors digest this week’s key economic data. ADP data Thursday showed weaker-than-expected private sector job growth, which can signal a slowing economy. Market participants will be watching carefully as Thursday’s ADP data suggests Friday’s official payroll report may come...

01:50 PM EDT, 09/03/2024 (MT Newswires) -- Carlyle Group ( CG ) has tapped Bank of America ( BAC ) , Morgan Stanley ( MS ) and UBS (UBS) for a potential initial public offering of Switzerland-based Acrotec Group, Bloomberg reported Tuesday. The Zurich listing is likely to take place in H1 of 2025, the report said, citing people familiar...

04:48 PM EDT, 09/05/2024 (MT Newswires) -- DMG Blockchain Solutions ( DMGGF ) , a blockchain and data center company, after trade Thursday released its preliminary operational results for August. Among highlights, DMG cited bitcoin (BTC) mined of 21 BTC, a hashrate of 0.94 EH/s and a BTC balance of 453 BTC. The company said it expects to have its...

04:30 PM EDT, 09/04/2024 (MT Newswires) -- Hewlett Packard Enterprise ( HPE ) reported fiscal Q3 non-GAAP earnings Wednesday of $0.50 per diluted share, up from $0.49 a year earlier. Analysts polled by Capital IQ expected $0.47. Revenue for the quarter ended July 31 was $7.71 billion, up from $7 billion a year earlier. Analysts surveyed by Capital IQ expected...