Latest News of OCG
DocGo Inc (DCGO) Q3 2024 Earnings Call Highlights: Navigating Revenue Decline with Strategic ...
Strong EBITDA this quarter was driven by a 36% gross margin and controlled expenses. The company plans to invest in growth and quality services, reflected in their next year's EBITDA guidance. Adjustm...
SocGen Leasing Arm Ayvens Said to Draw Blackstone Interest
French car-leasing company Ayvens SA, owned by Societe Generale, is being eyed for takeover by investment firms like Blackstone and industry players like JA Mitsui Leasing. Ayvens has attracted intere...
Exclusive | No-bid migrant contractor DocGo's successor reaped $450M in NYC...
Garner Environmental Services replaced DocGo in providing migrant services for New York City, costing over $450 million. Councilman Brannan raised concerns about the lack of scrutiny and inflated cost...
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Chinese stocks could rally 15% as more stimulus spurs a GDP growth spurt next year, SocGen says
By Yahoo! Finance | 1 month agoSociété Générale predicts a potential 5% growth in China's GDP next year due to expected stimulus measures. Recent monetary actions have already led to increased investor optimism, with a forecast...
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A key US consumer indicator has dipped to 'crisis levels,' SocGen says
By Business Insider | 1 month agoThe US personal savings rate has dropped below 3%, signaling strong consumer spending. However, this could lead to a rise in savings and a potential economic slowdown, reminiscent of pre-2008 financia...
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NYC's emergency DocGo contract audit hints at over $11 million in...
By New York Post | 2 months agoCity Comptroller Brad Lander's audit reveals mismanagement in NYC's contract with DocGo, suggesting over $11 million needs to be recovered. The city paid $14 million for unused services, raising quest...
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Investors are unwinding the biggest 'carry trade' the world has ever seen, SocGen strategist says
By CNBC | 3 months agoMarket participants rapidly unwound popular carry trades on Monday amid a global risk asset sell-off. Investors borrowing in low-interest currencies like the yen to invest in higher-yielding assets fa...
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SocGen, BofA Say Time to Buy Norway's Krone as Rout Overdone
By Yahoo! Finance | 3 months agoCurrency strategists and investors are eyeing Norway's krone as it weakens, anticipating a rebound due to its interest-rate advantage and undervaluation. Despite recent losses, experts forecast a pote...
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SocGen's weak prospects in French retail hits shares
By Reuters | 6 months agoBy Mathieu RosemainPARIS (Reuters) -Societe Generale shares fell more than 5% on Friday after the bank's CFO flagged that net interest income in 2024 from the group's French retail business would be a...
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SocGen Q1 profit slumps less than expected as investment bank surprises
By Reuters | 6 months agoBy Mathieu RosemainPARIS (Reuters) -French bank Societe Generale's net income fell less than expected in the first quarter, as profits on equity derivative sales offset weaknesses at its retail bank a...
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SocGen's investment bank limits Q1 profit plunge
By Reuters | 6 months agoBy Mathieu RosemainPARIS (Reuters) - French bank Societe Generale reported a better-than-expected 22% slide in first-quarter net income on Friday, as profits on equity derivative sales offset more...
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SocGen, AllianceBernstein launch their cash equities JV
By Reuters | 7 months agoPARIS (Reuters) - Societe Generale, France's third-biggest listed bank, and U.S. asset manager AllianceBernstein officially launched their joint venture in the cash equities and equity research bu...