Hamilton Insurance shares rise 1.7% in NYSE debut
By Pritam Biswas and Arasu Kannagi Basil (Reuters) -Hamilton Insurance Group notched a valuation of $1.68 billion as shares rose 1.7% in a tepid market debut on Friday, indicating limited…
By Pritam Biswas and Arasu Kannagi Basil (Reuters) -Hamilton Insurance Group notched a valuation of $1.68 billion as shares rose 1.7% in a tepid market debut on Friday, indicating limited…
LOS ANGELES – A former Malibu resident was sentenced today to 188 months in federal prison for defrauding several individuals out of more than $3 million with bogus claims that…
By Brenda Goh and Josh Ye SHANGHAI/HONG KONG (Reuters) – China’s ByteDance, the parent of short video app TikTok, is offering to buy back shares from its employees outside the…
By Chavi Mehta and Dawn Chmielewski (Reuters) -Paramount Global’s investments in its fast-growing but unprofitable streaming unit have peaked a year ahead of the target, the media company said on…
By David Randall NEW YORK (Reuters) – Shares of a handful of U.S. regional banks popped on Thursday after famed bond investor Bill Gross said the danger in investing in…
By Chibuike Oguh NEW YORK (Reuters) – Affirm Holdings’s stock rose by nearly 18% on Thursday after ecommerce giant Amazon announced that its business-to-business store would begin offering the buy-now-pay-later…
(Reuters) – SolarEdge Technologies on Wednesday forecast fourth-quarter revenue below Wall Street estimates on weak demand for its solar inverters, sending the company’s shares down 22.3% in extended trade. Growth…
(Reuters) – Shares in Canadian miner First Quantum Minerals continued their fall for the third straight day, on looming uncertainty over the future of the company’s key open pit copper…
By Chibuike Oguh NEW YORK (Reuters) -Shares of Nvidia Corp dropped by about 5% to a near five-month low on Tuesday following a Wall Street Journal report that the artificial…
HONG KONG (Reuters) – Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 820,500 Hong Kong-listed shares of electric vehicle maker BYD Co for HK$201.73 million ($25.78 million),…
By Karl Plume CHICAGO (Reuters) -Global crop trader and processor Bunge lifted its 2023 outlook on Thursday after its third-quarter profit topped Wall Street expectations, though earnings were lower year-on-year.…
PARIS (Reuters) -Shares in French group Kering fell on Wednesday to their lowest since March 2020, dragging down other luxury stocks, after the company reported weaker than expected sales for…
(Reuters) – Volkswagen shares fell to their lowest since April 2020 on Monday after the German carmaker cut its profit margin outlook for the current year, disappointing some investors. Blaming…
By Shivansh Tiwary (Reuters) – Shares of major U.S. airlines fell on Wednesday, after a disappointing fourth-quarter forecast from United Airlines a day earlier spooked investors and raised concerns rising…
By Pete Schroeder WASHINGTON (Reuters) – Shares in Visa and Mastercard slid on Wednesday on news the U.S. Federal Reserve is expected to propose lowering the fees banks can charge…
(Reuters) – Shares in AstraZeneca fell more than 4% on Wednesday after the publication of an abstract on its experimental precision drug’s use in lung cancer in a late-stage trial…
LONDON (Reuters) -Shares in Adidas gained 4% at the open on Wednesday after the sportswear company raised its guidance for the year in a surprise third-quarter results pre-release. Adidas said…
(Reuters) – Snap shares jumped 11% on Monday after a media report said the social media company is expected to have more than 475 million daily active users (DAUs) in…
(Reuters) -Ericsson shares were volatile on Thursday, defying indications for a sharp fall after the Swedish telecom gear maker overnight announced a $2.9-billion impairment related to its acquisition of cloud…
By David Lawder MARRAKECH, Morocco (Reuters) – Support increased on Wednesday for the U.S.-backed call to boost the International Monetary Fund’s quota lending resources without shareholding changes, according to statements…
(Reuters) – Luxury sandal maker Birkenstock notched a valuation of $8.32 billion in its market debut on Wednesday after shares opened 11% below their offer price. The stock began trading…
By Echha Jain (Reuters) – Bank of Queensland shares fell nearly 5% on Wednesday, as the lender cut its dividend after annual profit plunged by about 70% amid depressed mortgage…
WASHINGTON, DC – Senator Cory Booker shared a harrowing account of his presence in Israel when the deadly attacks initiated by Hamas began last Saturday. “I was in Israel when…
(Reuters) – Nestle shares were under pressure on Friday as investors weighed the potential impact of Novo Nordisk’s blockbuster weight-losing drug Wegovy and how it could reduce spending on food.…
By Noe Torres MEXICO CITY (Reuters) -Mexico’s main stock index posted its worst daily performance since January 2021 on Thursday, dragged down by a sharp sell-off in the country’s main…