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 …
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Former Malibu Resident Sentenced to More Than 15 Years in Prison for Conning Investors with Bogus Promises of Discounted Alibaba IPO Shares
LOS ANGELES – A former Malibu resident was sentenced today to 188 months in federal prison for defrauding several individuals out of more than $3 …
TikTok owner ByteDance offers to buy back shares from staff at $160 apiece
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 …
Paramount says its investments in streaming have peaked, shares jump
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, …
US regional banks shares surge after Bill Gross says they have hit bottom
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 …
Affirm shares jump on expanded partnership with Amazon
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 …
SolarEdge forecasts dour Q4 revenue as demand concerns loom; shares plunge
(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 …
First Quantum shares extend fall over Panama mine uncertainty
(Reuters) – Shares in Canadian miner First Quantum Minerals continued their fall for the third straight day, on looming uncertainty over the future of the …
Nvidia shares drop after report of canceled China orders
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 …
Berkshire Hathaway sells $25.8 million worth of shares in China’s BYD
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 …
Bunge lifts 2023 outlook as vegoils fuel profit beat; shares rally
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, …
Kering shares fall 4% after sales drop, dragging down luxury sector
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 …
Germany’s Volkswagen shares tumble after margin downgrade
(Reuters) – Volkswagen shares fell to their lowest since April 2020 on Monday after the German carmaker cut its profit margin outlook for the current …
Major airline shares hit turbulence on disappointing profit outlook from United
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 …
Shares in Visa, Mastercard slide on expected Federal Reserve fee cap proposal
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 …
AstraZeneca shares fall as abstract for lung cancer trial data disappoints
(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 …
Adidas shares jump after 2023 guidance raise
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 …
Snap shares jump as leaked 2024 user target exceed Wall St expectations
(Reuters) – Snap shares jumped 11% on Monday after a media report said the social media company is expected to have more than 475 million …
Ericsson shares volatile after results, $2.9 billion charge
(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 …
Money now, shares later: more IMF countries voice support for pragmatic IMF funding boost
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 …
Birkenstock shares fall 11% in market debut to notch $8.32 billion valuation
(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 …
Bank of Queensland shares fall on dividend cut, profit plunge
By Echha Jain (Reuters) – Bank of Queensland shares fell nearly 5% on Wednesday, as the lender cut its dividend after annual profit plunged by …
New Jersey Senator Cory Booker Shares On The Ground Account During Israeli Attack
WASHINGTON, DC – Senator Cory Booker shared a harrowing account of his presence in Israel when the deadly attacks initiated by Hamas began last Saturday. …
Nestle shares at two-year low as investors weigh Wegovy rollout
(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 …
Mexico shares suffer worst daily drop in nearly 3 years, battered by airport operators
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 …
SoftBank likely to sell shares worth up to $105 million in PB Fintech – report
BENGALURU (Reuters) – SoftBank Group is likely to sell shares worth up to $105 million in India’s PB Fintech via block deals, CNBC-TV18 reported on …
Clorox shares touch more than 5-year low on financial hit from cyber attack
(Reuters) – Shares in Clorox were down 8.1% on Thursday, after hitting their lowest level since May 2018, after the cleaning supplies company’s warned that …
Lamb Weston raises annual outlook, shares up 10%
(Reuters) – Lamb Weston Holdings raised its full-year net sales and profit forecasts on Thursday, banking on higher prices for its ready-to-cook frozen potato appetizers …
China Evergrande shares set to resume trade on Tuesday
(Reuters) -China Evergrande Group said on Monday it has applied to the Hong Kong Stock Exchange for trading in its shares to resume on Tuesday, …
European shares end worst quarter in a year with minor gain
By Bansari Mayur Kamdar and Shubham Batra (Reuters) -European shares rose on Friday after a drop in euro zone inflation in September cemented hopes the …
Nike shares jump on leaner inventory, better margins outlook
By Savyata Mishra (Reuters) -Nike shares climbed as much as 11% on Friday as the company further trimmed its inventory ahead of the all-important holiday …
Commerzbank shares up 11% after forecasts for bigger profit returns
FRANKFURT (Reuters) – Shares of Commerzbank were up 11% midday on Friday after the German lender said it was revamping its payout policy for investors, …
Coty prices global shares at $10.80 ahead of Paris listing
(Corrects paragraph 2 to remove reference to Paris Stock exchange and say on Sept. 25 and not last week) (Reuters) – Coty said it would …
Instacart shares fall further below IPO price
By Noel Randewich (Reuters) – Instacart’s stock dropped 4% on Wednesday, marking a fresh low a day after it closed for the first time under …
European shares fall for fifth day as real estate stocks tumble
By Bansari Mayur Kamdar and Sruthi Shankar (Reuters) -European shares fell for a fifth day in a row on Wednesday, with real estate stocks hammered …
Higher yields weigh on European shares, luxury stocks enter bear market territory
By Bansari Mayur Kamdar and Sruthi Shankar (Reuters) -European shares fell for a fourth day on Tuesday, with rate-sensitive technology and real estate stocks pressured …
Commerzbank shares fall after report on strategy review
FRANKFURT (Reuters) – Shares of Commerzbank were down 3.4% late on Friday after a German newspaper reported details of the lender’s new strategy plans to …
Arm Holdings shares extend declines, down fourth session in a row
By Caroline Valetkevitch and Lewis Krauskopf NEW YORK (Reuters) – Shares of Arm Holdings fell for a fourth straight session on Wednesday after the chip …
Planet Fitness shares slide after CEO steps down
By Chibuike Oguh NEW YORK (Reuters) – Shares of Planet Fitness Inc fell as much as 16% to a three-year low on Friday after the …
Arm’s shares seen as a shoo-in for Nasdaq 100, though S&P 500 unlikely
By Suzanne McGee and Lewis Krauskopf NEW YORK (Reuters) – Newly publicly traded company Arm Holdings is poised to be added to popular indexes such …
Analysis-Investors glimpse opportunity in Europe’s unloved mining shares
By Samuel Indyk LONDON (Reuters) – Investors are finally seeing potential in European mining shares, as China’s step-by-step economic stimulus is steadily laying the foundations …
Berkshire sells some HP shares after taking big stake last year
By Jonathan Stempel (Reuters) – Warren Buffett’s Berkshire Hathaway said on Wednesday it has sold about 5.5 million shares of HP, undoing part of what …
Citgo valued at $32 billion-$40 billion ahead of auction of shares -court hearing
By Marianna Parraga and Tom Hals HOUSTON/WILMINGTON (Reuters) -Venezuela-owned oil refiner Citgo Petroleum has been valued by its parent company at between $32 billion and …
Northern Trust shares slide after forecasting bigger drop in net interest income
By Chibuike Oguh NEW YORK (Reuters) – Shares of Northern Trust Corp fell by more than 9% to their lowest level in nearly a month …
US furniture retailer RH shares tumble as slowing sales prompt dour revenue forecast
By Chibuike Oguh NEW YORK (Reuters) – Shares of U.S. home furniture retailer RH dropped more than 15% on Friday after the company warned that …
UBS executives sold over $15 million shares in September
(Reuters) – UBS executives have sold millions in shares since the Swiss bank announced its second quarter results, according to filings on the SIX stock …
Beatles copyright owner shares soar after buyout offer
LONDON (Reuters) – Shares in Round Hill Music Royalty Fund, which owns the copyrights to work of major artists such as the Beatles, soared as …
SEC probing Ryan Cohen’s ownership, sale of Bed Bath & Beyond shares – WSJ
(Reuters) -The U.S. Securities and Exchange Commission (SEC) is investigating billionaire Ryan Cohen’s ownership and surprise sale of Bed Bath & Beyond shares, the Wall …
Beijing exchange shares log record daily jump after reform measures
SHANGHAI (Reuters) – Shares on China’s two-year-old Beijing stock exchange recorded their best daily performance ever on Monday, after the country announced reform measures to …
Blackstone and Airbnb set to join S&P 500; shares climb
(Reuters) – Shares of Blackstone and Airbnb rallied in extended trade on Friday after S&P Dow Jones Indices said the two companies would join the …