News
First Citizens Boosts Assets With SVB Acquisition; Stock Surges
You may not recognize the name First Citizens BancShares Inc. (NASDAQ: FCNCA), but you almost certainly know the name of the financial institution it acquired: Silicon Valley Bank.
Since that
Urban Outfitters Stages an Impressive Turnaround
Specialty lifestyle apparel retailer Urban Outfitters Inc. (NASDAQ: URBN) stock has staged a turnaround along with its business. The company operates under many popular brands, including
Constellation Brands Taps into Growth: Analysts Bullish on Stock
Shares of Constellation Brands Inc. (NYSE: STZ) are gradually edging the right side of a base that began in December after the Constellation Brands stock price pulled back from a high of $261.32.
The Battery Show Europe kommentiert den boomenden europäischen Batteriemarkt, dessen Wachstum von Elektrofahrzeugen bestimmt wird
Informa Markets Engineering, Rob Shelton, Director von The Battery Show Europe, zeigt die Zukunftsperspektiven für den europäischen Batterie- und Elektrofahrzeugmarkt auf, da die EU auch
The Battery Show Europe Comments on Booming European Battery Market Driven by Electric Vehicles
Informa Markets Engineering, Rob Shelton Director of The Battery Show Europe adds perspective to future of European Battery and EV Market as EU is poised to continue to lead international
High-Risk Mullen Continues To Build Momentum
The only thing that can be said with certainty about Mullen Automotive (NASDAQ: MULN) is that it comes with high risk. Dilution and liquidity fears aside, the deal with Lawrence Hardge is a
Cruise Lines See Smoother Seas On Horizon As Profitablity Returns
If you look out over the horizon, you may just spot the cruise line industry floating along on a life raft, after taking on water and gradually sinking in recent years.
Cruise-line stocks
Duolingo Speaking Volumes: Forms Bullish Chart Ahead of Earnings
Language learning platform Duolingo Inc. (NYSE: DUOL) has been eloquent lately, forging a bullish chart pattern ahead of earnings and increasing revenue at robust double-digit rates. The company’s
Defense With a Side of Dividend: 3 Low-Risk Consumer Stocks
As the 2023 NFL Draft reminds us, offensive players get a lot of attention. The same goes for the stock market.
The high growth potential of flashy startups and technology innovators attracts
Exterro spendet preisgekrönte Lösung für digitale Forensik für die IACIS-Schulungsveranstaltung 2024
Exterro – der führende Anbieter von Software für die digitale Forensik – unterstützt die nächste Generation von Ermittlern im digitalen Bereich, indem das Unternehmen technische Innovationen
Royalton CHIC Resorts bietet All-Inclusive-Paket mit Privatjet für erlebnishungrige Gruppenreisende an
ST. MICHAEL, Barbados, April 17, 2024 (GLOBE NEWSWIRE) -- Blue Diamond Resorts, die am schnellsten wachsende Resortkette in der Karibik, lädt Gruppen von erlebnishungrigen Reisenden ein, mit dem
Xalient erwirbt Grabowsky, einen führenden Spezialisten für digitale Identität in Europa, und baut damit seine globale Führungsposition aus
LONDON, Großbritannien, 14. Dezember 2023 – Xalient, der internationale Spezialist für Identitäts- und Zugriffsverwaltung (Identity and Access Management, IAM), Sicherheit und
The Bank Of England Presses The Big Red Pause Button
- The Bank of England held rates at 5.25% - after successive hikes since December 2021.
- It followed a sharp fall in core inflation in August and signs the labour market is cooling.
- Cuts to
CVS Group – Profits Rise But CMA Investigation Lingers
- Full year revenue rises 9.8% to £608.3m
- Underlying cash profits (EBITDA) up 13% to £121.4m, reflecting higher revenue and investment in facilities, tech and staff
- Entered Australian market
Next – Fashions Another Guidance Upgrade
- Next’s half-year sales rose 5.4% to £2.6bn
- Half-year pre-tax profit of £419.8m, up 4.8%
- Full-year pre-tax profit guidance raised from £845m to £875m
Next's Half-Year Earnings
NEXT plc
UK Inflation Retreat And Oil Price Dip Provide Relief
- The UK’s headline rate of inflation has nudged down, helped by an easing of food and accommodation prices.
- CPI number came in at 6.7% in August, down from 6.8% in July while core inflation also
Pearson – New CEO As Bird Flies The Nest
Pearson plc (LON:PSON)’s CEO, Andy Bird, is retiring after three years in the role. Bird will be replaced by Omar Abbosh, who has various experiences in technology roles, including at Microsoft
Ocado Retail – Consumers Show Resilience
- Q3 revenue up 7.2% to £569.6m as prices rise 8.4%
- Volumes returned to positive territory in final month of the quarter
- Average orders per week and active customers grow 1.9% and 1.5%
- No
ARM Debut Lifts Hope For IPO Market, Oil Price Pressure Increases
- ARM Holdings rise 25% in first day of trading, lifting hopes for equity markets
- Oil tears past $90 a barrel helping FTSE 100
- ECB raises interest rates
- China Industrial Output Growth is
FTSE 350 Look Ahead: ASOS, Kingfisher, Ocado, TUI, And More
Look ahead to FTSE 350, other companies reporting & economic events from 18 - 22 September
- ASOS plc (LON:ASC) battles with a drift back to bricks and mortar stores
- Kingfisher plc (LON:KGF)’s
Berkeley Group – On Solid Foundations To Deliver Profit Guidance
- Private sales reservations down 35%
- Net cash of £325m expected at the end of October
- Pre-tax profit guidance reiterated
Berkeley Group's Earnings
Berkeley Group Holdings PLC (LON:BKG)
Currys – Customers Trim Spending On Computers
- Full year guidance remains unchanged
- Group sales down 4% in 17 weeks to 26 August
- Computer sales weak
- Cost savings still front and centre
Currys's Full Year Guidance Remains Unchanged
Bunzl – Easing Inflation Gives Margins A Boost, But It’s A Double-Edged Sword
- Half-year revenue rose 4.5% to £5.9bn, up 0.6% at constant currency
- Adjusted operating profit rose 6.5% to £438.3m, up 2.5% at constant currency
- Dividend up 5.2% to 18.2p
- 12 acquisitions
Admiral: Prices Hiked 20% In UK Motor Insurance As The Battle With Cost Inflation Lingers On
- Profit before tax up 4% to £233.9m
- Group turnover up 21% to £2.24bn
- Customers up 4% to 9.41m
- Interim dividend down 15% to 51.0p, 38.0p normal + 13.0p special
Admiral’s Price Hikes
Legal & General: Pensions Business Stands Out As New Accounting Rules Kick In
- Operating profit of £941m, down 2%
- Dividend of 5.71p, up 5%
- Stock of deferred profits up to £13.8bn
Legal & General’s Earnings
“Don’t be alarmed if numbers look a little different to