Finance Updates – Page 7 – Finance Updates

Versant Media’s Bold Pivot: From Comcast Spin-Off to Streaming and FAST Future

Americas Firms Cable and Other Subscription Programming

Comcast completed the tax-free spin-off of Ve...

Versant starts as a ~$6.6–$7.0B revenue cable...

Management plans to pivot toward digital and ...

Shares fell about 13% on the first day, signa...

Jollibee to Spin Off International Arm: What Investors Need to Know

Asia Firms Restaurants and Other Eating Places

Jollibee Foods Corp plans to spin off its int...

The remaining Philippine business would stay ...

Existing shareholders would receive JFCI shar...

The move aims to unlock valuation by separati...

Kroger to Close 60 Underperforming Stores Post-Merger, Shifts Focus to Reinvestment

Americas Firms Grocery Stores

Kroger will close about 60 underperforming st...

The plan follows the collapse of its $24.6 bi...

Kroger will record a $100 million impairment ...

It will also open about 30 new stores, accele...

Jefferies’ Investment Banking Surge in Q4 2025: Strong Revenue, Measured Risk

Global Firms Securities and Commodity Contracts Intermediation and Brokerage

Jefferies’ Q4 2025 investment-banking net rev...

Full-year investment-banking net revenue reac...

The quarter included a $30M pre-tax loss tied...

Management sees tailwinds from easier macro/r...

Granite Harbor Launches $50M Mariner Fund I to Deliver Mid-Teen Private Market IRRs

Americas Firms Other Investment Pools and Funds

Houston-based RIA Granite Harbor Advisors ($6...

The fund targets lower middle-market private ...

It is offered to qualified investors with a $...

Granite Harbor says the fund meets client dem...

JPMorgan to Take Over Apple Card from Goldman: $20B Deal Brings Risk & Reward

Americas Firms Depository Credit Intermediation

JPMorgan Chase will replace Goldman Sachs as ...

JPMorgan expects a $2.2B credit-loss provisio...

The portfolio is being sold at more than a $1...

The deal accelerates Goldman’s retreat from c...

JPMorgan Names Sri Kosaraju Global Chair of Healthcare Investment Banking amid Growth Push

Americas Firms Securities and Commodity Contracts Intermediation and Brokerage

JPMorgan named Sri Kosaraju Global Chair of I...

Kosaraju, a former JPMorgan healthcare banker...

He will report to Filippo Gori and John Simmo...

The hire extends JPMorgan’s recent investment...

Evercore Gaining on Deutsche Bank in EMEA Tech M&A With Senior Talent Picks

Europe Firms Securities and Commodity Contracts Intermediation and Brokerage

Samer Sweidan left Deutsche Bank in London fo...

LSEG data shows Evercore rising from 14th to ...

The hire aligns with Evercore’s push to expan...

The shift highlights intensifying talent comp...

CCMP Growth Strengthens Investment Committee as New Leadership Powers Fund Deployment

Americas Firms Other Investment Pools and Funds

CCMP Growth named Managing Director Patrick M...

McGrath will join Co-Managing Partners Mark M...

The firm also promoted Chris Stevenson to Sen...

The moves strengthen leadership capacity as C...

How U-Haul Will Balance Growth, Debt & Profitability at KeyBanc Self-Storage Forum

Americas Firms Lessors of Real Estate

U-Haul Holding Company will present at KeyBan...

Recent results show modest revenue growth led...

U-Haul is adding significant storage capacity...

Leverage and capital spending are increasing ...