Affirm posts larger-than-expected loss, shares sink
-Affirm Holdings Inc on Thursday posted a larger-than-expected loss for the second quarter as the buy now, pay later firm spent more on stock-based compensation …
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Shell CEO sells $5.2 million of shares
By Ron Bousso LONDON -Shell Chief Executive Officer Ben van Beurden on Feb. 7 sold 3.9 million pounds ($5.2 million) worth of the energy company’s …
CME profit tops views as investors ready for rate hikes, shares hit record high
By John McCrank NEW YORK – CME Group Inc on Wednesday reported a fourth-quarter profit that topped Wall Street expectations, helped by increased usage of …
Shares in Volkswagen and its top investor rise on Porsche listing hopes
FRANKFURT – Hopes for more clarity around a possible listing of Volkswagen’s luxury Porsche AG division lifted shares in Europe’s largest carmaker and its top …
ABN Amro shares down as share buyback underwhelms
By Bart H. Meijer AMSTERDAM -ABN Amro shares fell 4% on Wednesday morning, even though the Dutch bank reported higher-than-expected net profit for the fourth …
Just Eat Takeaway to delist shares from Nasdaq
AMSTERDAM – Meal-delivery firm Just Eat Takeaway on Tuesday said it would delist its shares from the Nasdaq stock exchange in a bid to limit …
Velodyne issues warrant for 39.6 million shares to Amazon subsidiary
– A subsidiary of Amazon.com Inc has secured a warrant to acquire 39.6 million shares in Velodyne Lidar Inc, the sensor maker said on Monday, …
ANZ shares near one-year low as home lending competition crimps margins
By Shashwat Awasthi – Australia and New Zealand Banking Group on Monday joined rival Westpac in flagging lower margins and warned of a first-half hit …
Meta shares sink 20% as Facebook loses daily users for the first time
By Elizabeth Culliford and Nivedita Balu – Facebook owner Meta Platforms Inc’s shares plunged more than 20% late on Wednesday after the social media company …
PayPal shares plunge 17% as bleak forecast stokes growth fears
– Shares of PayPal Holdings Inc slumped nearly 17% on Wednesday as investors questioned the company’s growth prospects after it disclosed a big hit to …
Australia’s Boral to return A$3 billion to shareholders, shares rise
– Building material maker Boral Ltd will return A$3 billion ($2.12 billion) to its shareholders using mostly proceeds from the sale of several North American …
Chinese developer Shimao shares rise nearly 5% after more asset disposals
HONG KONG – Shares of cash-strapped Shimao Group rose on Monday after the Chinese developer and its chairman sold a Shanghai hotel and a stake …
Elon Musk Unloads Almost $1 Billion In Tesla Shares, Totaling Nearly $10 Billion This Month
Tesla CEO Elon Musk sold nearly $1 billion shares of stock in his company after unloading almost $10 billion in November, CNBC reported. Musk, the …