Abtak Logo

investingcom News

Stay updated with the latest investingcom news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on investingcom topics.

Investing.com - Business - News Image
soure image
10
BusinessNov 27, 2024 09:13 PM

JBT Corporation Confirms Receipt of All Regulatory Clearances Required to Complete its Proposed Acqu...

CHICAGO--(BUSINESS WIRE)--JBT Corporation (NYSE: JBT), a leading global technology solutions provider to high-value segments of the food and beverage industry, today announced receipt of all remaining regulatory clearances required to complete its proposal to acquire all issued and outstanding shares of Marel hf. ( ICL (TASE:ICL): Marel). On November 26, 2024, the European Commission (E.C.) adopted a clearance decision at the end of its Phase 1 review period. Additionally, on November 22, 2024, ...Read More >

Investing.com - Technology - News Image
soure image
38
TechnologyNov 27, 2024 09:12 PM

WiMi Explores a Blockchain Sharding Storage Model for Multi-View Applications By Investing.com

, /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WiMi) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that they are exploring a blockchain sharding storage model optimized specifically for the storage needs of multi-view data. Sharding storage is an advanced architecture in blockchain technology that divides the blockchain network into multiple independent "shards," with each shard responsible for processing and storing a po ...Read More >

Investing.com - Other - News Image
soure image
23
OtherNov 27, 2024 09:12 PM

Nexstar Media Group to Participate in Upcoming Investor Conferences By Investing.com

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST) today announced that executive management will participate in two institutional investor conferences in December. Among other topics, management will address its record financial results in 2024 to date, the impact of broadcast television political advertising on the outcome of the 2024 election, and the potential for ownership de-regulation under the new administration and how and why Nexstar could participate. A live web ...Read More >

Investing.com - Business - News Image
soure image
19
BusinessNov 27, 2024 01:42 PM

BofA cuts aluminium and copper price forecasts for 2025 By Investing.com

Investing.com -- Bank of America (BofA) analysts forecast a volatile metals and minerals market heading into 2025, influenced by potential trade policies, supply constraints, and demand shifts. In turn it has projected prices for aluminium and copper to decline by 6% and 12%, respectively, with 2025 forecasts set at $2,813 per tonne and $9,438 per tonne. A possible trade dispute with China could exacerbate market pressures, but structural demand from energy transition investments may provide su ...Read More >

Investing.com - Business - News Image
soure image
19
BusinessNov 27, 2024 12:22 PM

Bitcoin price today: down to $93k with US econ. data, policy in focus By Investing.com

Investing.com-- Bitcoin fell for a third straight session on Wednesday as traders continued to lock-in profits from a recent rally, while anticipation of more cues on U.S. policy also spurred caution. The world's largest cryptocurrency has been on an extended downturn since late last week as investors locked-in profits from a run-up to record highs. Traders were also somewhat disappointed as the crypto failed to clear the coveted $100,000 level. Risk appetite was further dented by U.S. Preside ...Read More >

Investing.com - Business - News Image
soure image
22
BusinessNov 27, 2024 12:21 PM

Sampo Oyj completes share buyback on November 26 By Investing.com

HELSINKI - Finnish financial company Sampo Oyj (HEX:SAMPO) has completed the acquisition of its own A shares on November 26, as part of its ongoing share buyback program. The company reported that a total of 93,734 shares were purchased across various marketplaces at a weighted average price of €40.16 per share. The buyback initiative, which was first announced on June 17, 2024, originally set out to purchase up to €400 million worth of its own shares. Following a decision by Sampo's Board of D ...Read More >

Investing.com - Business - News Image
soure image
20
BusinessNov 27, 2024 12:21 PM

Kelun-Biotech's TROP2 ADC Sacituzumab tirumotecan (sac-™T) Approved For Marketing By NMPA Of China F...

, /PRNewswire/ -- Sichuan Kelun-Biotech Biopharmaceutical Co., Ltd. (the "Company") announced that the Company received marketing authorization in from National Medical (TASE:PMCN) Products Administration (NMPA) for the first domestically developed trophoblast cell-surface antigen 2 (TROP2)-directed antibody"drug conjugate (ADC) sacituzumab tirumotecan (sac-™T, formerly SKB264/MK-2870) for adult patients with unresectable locally advanced or metastatic triple negative breast cancer (TNBC) who ha ...Read More >

Investing.com - Business - News Image
soure image
31
1
1
BusinessNov 26, 2024 08:49 PM

Leslie's stock plunges to 52-week low of $2.42 amid market challenges By Investing.com

In a turbulent market environment, Leslie's Inc. (LESL) stock has tumbled to a 52-week low, reaching a price level of just $2.42. This significant downturn reflects a stark contrast from its performance over the past year, with the company's shares experiencing a precipitous decline of -54.12%. Investors are closely monitoring Leslie's financial health and market position, as the stock's current valuation marks a critical juncture for the company's future trajectory. The substantial year-over-ye ...Read More >

Investing.com - Politics - News Image
soure image
14
PoliticsNov 26, 2024 08:49 PM

US Air Force says drones spotted over its military bases in England By Reuters

LONDON (Reuters) - A number of unidentified drones have been spotted over three United States Air Force (USAF) bases in England over the last six days, a U.S. Air Force spokesperson confirmed on Tuesday. "Small unmanned aerial systems were spotted in the vicinity of and over RAF Lakenheath, RAF Mildenhall, and RAF Feltwell from Nov 20 to Nov 26," a spokesperson said in an emailed response to Reuters. The three bases, two in Suffolk and one in Norfolk, are leased by the USAF from Britain. A sp ...Read More >

Investing.com - Business - News Image
soure image
24
BusinessNov 26, 2024 08:49 PM

Factbox-Brokerages see 'uncertain' 2025 on worries over potential Trump tariffs By Reuters

(Reuters) -Uncertainties around U.S. policies may slow global economic growth modestly in 2025, according to major brokerages. They expect U.S. President-elect Donald Trump's proposed tariffs to fuel volatility across global markets, spurring inflationary pressures and, in turn, limiting the scope for major central banks to ease monetary policy. World economies and equity markets have had a robust year, with global growth expected to average 3.1% this year, a Reuters poll published in October s ...Read More >

Investing.com - Business - News Image
soure image
28
BusinessNov 26, 2024 08:48 PM

Morocco stocks higher at close of trade; Moroccan All Shares up 0.63% By Investing.com

The best performers of the session on the Moroccan All Shares were Disty Technologies SA (CSE:DYT), which rose 4.94% or 12.00 points to trade at 255.00 at the close. Meanwhile, Ste de Travaux de Realisation d'Ouvrages et de Constuction Industielle SA (CSE:STR) added 4.62% or 2.14 points to end at 48.49 and Jet Contractors (CSE:JET) was up 4.50% or 68.00 points to 1,580.00 in late trade. The worst performers of the session were Disway SA (CSE:DWY), which fell 4.26% or 28.00 points to trade at 63 ...Read More >

Investing.com - Technology - News Image
soure image
23
TechnologyNov 26, 2024 08:48 PM

Evercore upgrades Zoom to 'outperform' as its reinvention gains momentum By Investing.com

Investing.com -- Evercore ISI upgraded Zoom Video Communications Inc (NASDAQ:ZM) Inc to "outperform" from "in line" on Tuesday, driven promising growth opportunities in artificial intelligence and new product lines, strong operational execution, a bottoming out of churn rates. Zoom's most recent quarter showcased record-low online churn at 2.7% and a steady enterprise net retention rate of 98%. Growth in large accounts was notable, with customers generating over $100,000 in annual revenue risin ...Read More >

Investing.com - Business - News Image
soure image
27
BusinessNov 26, 2024 08:47 PM

Boeing recovery picks up steam, says BofA By Investing.com

Investing.com -- Boeing's operational recovery is gaining traction following disruptions caused by a recent strike, according to Bank of America analysts in a note Tuesday. In a note, BofA highlighted key signs of improvement in the aerospace giant's production and delivery operations. The bank, citing Aero Analysis Partners/AIR (AAP/AIR), said: "In the past week alone, the company delivered three 737s, bringing the November total to four." The number of 737s in pre-delivery flights is also s ...Read More >

Investing.com - Business - News Image
soure image
8
BusinessNov 26, 2024 08:47 PM

AUD/JPY Technical Outlook: Tariff Tensions May Trigger Yen Cross Sell-Off | Investing.com

The recent two-month rally seen in AUD/JPY has flashed out bearish technical elements. The financial market has managed to breathe a "sign of relief" on Monday, 25 November after the incoming Trump administration announced Scott Bessent as the US Treasury Secretary nominee last Friday. Bessent, a Wall Street veteran is being viewed as a more pragmatic person who may favor pro-growth policies (an advocate of Trump's corporate tax cuts and deregulation policies) over anti-growth initiatives such ...Read More >

Investing.com - Business - News Image
soure image
22
BusinessNov 26, 2024 02:46 PM

RWS Global Chooses Box for Intelligent Content Management By Investing.com

LONDON--(BUSINESS WIRE)--Box, Inc. (NYSE:BOX), the leading Intelligent Content Management (ICM) platform, today announced that RWS Global selected Box as its unified platform to intelligently manage content across its organization. A global leader in live moments, RWS Global is deploying Box to support its creation of worldwide customized experiences such as theatrical productions, sporting events, multimedia and more. RWS Global offers end-to-end services from ideation to operations and will ut ...Read More >

Investing.com - Business - News Image
soure image
13
BusinessNov 26, 2024 02:45 PM

Andes Technology Collaborates with Lauterbach to Deliver RISC-V Trace Solution By Investing.com

HSINCHU, TAIWAN, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Lauterbach, the leading provider of development tools for embedded systems, and Andes Technology Corporation (TWSE: 6533; SIN: US03420C2089; ISIN: US03420C1099), a leading supplier of RISC-V processor IP, today proudly announce their collaboration that enhances the debugging and tracing experience for engineers using Andes' advanced NCETRACE200 trace IP with Lauterbach's industry leading development tools TRACE32 ®. With the growing demand for ...Read More >

Investing.com - Business - News Image
soure image
16
BusinessNov 26, 2024 02:45 PM

MTVH reports revenue growth amid market challenges By Investing.com

LONDON - Thames Valley Housing Association (TVHA), operating as MTVH, has reported an increase in total revenue to $227 million for the six months ending on September 30, 2024, up from $209 million in the same period last year. This growth has been attributed to a 7.7% rise in government social rent and higher sales of new homes, with 147 units sold compared to 116 the previous year. Despite the revenue increase, MTVH experienced a decrease in operating surplus, down to $61 million from $75 mil ...Read More >

Investing.com - Business - News Image
soure image
29
BusinessNov 26, 2024 02:45 PM

Philippines summons VP Duterte over threat to have Marcos killed By Reuters

MANILA (Reuters) - Philippine law officials on Tuesday summoned vice president Sara Duterte for questioning over her weekend statements that she had contracted someone to assassinate President Ferdinand Marcos Jr. if she were to be killed. Duterte accused the administration of twisting her words to create a false narrative that Marcos' life was under active threat, saying in a statement on Tuesday that her remarks were a "conditional act of revenge." The summons from the National Bureau of Inv ...Read More >

Investing.com - Business - News Image
soure image
37
BusinessNov 26, 2024 02:45 PM

On The Beach executives buy shares under SIP By Investing.com

LONDON - On The Beach Group PLC (LSE:OTB) has disclosed transactions by its executives involving the purchase of the company's ordinary shares, according to a statement released on November 26, 2024. The purchases were part of the company's Share Incentive Plan (SIP), a common form of employee share ownership. The transactions, which took place on the London Stock Exchange (LON:LSEG) on November 20, 2024, involved General Counsel and Company Secretary Kirsteen Vickerstaff, Chief Strategy Office ...Read More >

Investing.com - Business - News Image
soure image
9
BusinessNov 26, 2024 02:40 PM

Affinity buys two Southeast Asian companies for $1.65 billion, sources say By Reuters

SINGAPORE/HONG KONG (Reuters) - Affinity Equity Partners, a Hong Kong-based buyout firm, has concluded two acquisitions in Southeast Asia worth a combined $1.65 billion, people with knowledge of the deals said. It bought Jakarta-based gummy candy company Yupi for $1.2 billion, said two of the people. Yupi, founded in 1996, is one of the largest gummy candy makers in Asia and its products are sold in more than 50 countries, according to its websites. Affinity acquired the company from Yupi's fo ...Read More >

Investing.com - Business - News Image
soure image
15
BusinessNov 26, 2024 02:40 PM

Turkey economy grew 2.6% in Q3; seen cooling to 3% in 2024 - Reuters poll By Reuters

ISTANBUL (Reuters) - Turkey's economy is expected to have expanded 2.6% in the third quarter due to slower domestic demand and the weight of tighter economic policies, a Reuters poll showed on Tuesday, with the rate seen cooling to 3% for the year as a whole. The economy grew 5.3% in the first quarter of this year with strong domestic demand pushed up by a minimum wage hike and households bringing purchases forward in expectation of higher inflation ahead. In the second quarter, sagging demand ...Read More >

Investing.com - Business - News Image
soure image
14
BusinessNov 19, 2024 05:17 AM

Marvell technology's COO Chris Koopmans sells $534,840 in stock By Investing.com

Chris Koopmans, Executive Vice President and Chief Operations Officer of Marvell (NASDAQ:MRVL) Technology, Inc. (NASDAQ:MRVL), recently sold 6,000 shares of the company's common stock. The transaction, executed on November 15, 2024, amounted to $534,840, with shares sold at a price of $89.14 each. Following this sale, Koopmans retains 103,244 shares, which are held indirectly through the Christopher R. Koopmans and Heather J. Koopmans Family Trust. The sales were conducted under a pre-arranged ...Read More >

Investing.com - Business - News Image
soure image
40
BusinessNov 19, 2024 05:16 AM

Super Micro shares skyrocket after naming new auditor By Investing.com

Investing.com-- Shares of Super Micro Computer Inc (NASDAQ:SMCI) rose sharply in evening deals on Monday after it named BDO USA as its auditor and said it had submitted a plan to the Nasdaq seeking more time to comply with listing rules. Super Micro shares jumped 36% to $29.30 by 18:32 ET (23:32 GMT). The server maker said it believed it will be able to complete its annual and quarterly reports, although it did not specify when it would do so. "BDO is a highly respected accounting firm with g ...Read More >

Investing.com - Business - News Image
soure image
7
BusinessNov 19, 2024 05:16 AM

Willsct holdings director Erik Olsson buys $176,699 in stock By Investing.com

PHOENIX -- Erik Olsson, a director at WillScot (NASDAQ:WSC) Holdings Corp (NASDAQ:WSC), recently acquired 5,000 shares of the company's common stock. The purchase, made on November 15, 2024, was executed at an average price of $35.34 per share, amounting to a total transaction value of $176,699. Following this acquisition, Olsson holds a total of 626,306 shares in the company. WillScot Holdings, headquartered in Phoenix, Arizona, specializes in the rental and leasing of modular space and portab ...Read More >

Investing.com - Business - News Image
soure image
6
BusinessNov 19, 2024 05:16 AM

TotalEnergies: Disclosure of Transactions in Own Shares By Investing.com

In accordance with the authorizations given by the shareholders' general meeting on May 24, 2024, to trade on its shares and pursuant to applicable law on share repurchase, TotalEnergies (EPA:TTEF) SE (Paris:TTE) (LSE:TTE) (NYSE:TTE) (LEI: 529900S21EQ1BO4ESM68) declares the following purchases of its own shares (FR0000120271) from November 11 to November 15, 2024: Transaction details In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation) a full breakdow ...Read More >

Investing.com - Business - News Image
soure image
25
BusinessNov 19, 2024 05:16 AM

Consumer portfolio services director Roberts sells $313k in stock By Investing.com

William B. Roberts, a director at Consumer Portfolio Services, Inc. (NASDAQ:CPSS), recently sold a substantial amount of company stock. According to a Form 4 filing with the Securities and Exchange Commission, Roberts offloaded a total of 30,000 shares over several days, with transactions occurring on November 14, 15, and 18. The shares were sold at prices ranging from $10.37 to $10.49, generating proceeds of approximately $313,000. Following these sales, Roberts retains ownership of 770,078 sh ...Read More >

Investing.com - Business - News Image
soure image
24
BusinessNov 19, 2024 05:15 AM

Exagen president and CEO John Aballi buys $68,297 in stock By Investing.com

In a recent transaction, John Aballi, President and CEO of Exagen Inc . (NASDAQ:XGN), purchased 24,305 shares of the company's common stock. The shares were acquired at a weighted average price of $2.81 per share, amounting to a total purchase value of $68,297. Following this transaction, Aballi's direct ownership in Exagen stands at 689,799 shares. This purchase reflects Aballi's continued investment in the company, as he maintains both director and officer roles within Exagen. "In other rec ...Read More >

Investing.com - Business - News Image
soure image
14
BusinessNov 19, 2024 05:06 AM

MINILUXE REPORTS FINANCIAL RESULTS FOR THE THIRD QUARTER OF 2024 By Investing.com

Boston, MA, Nov. 18, 2024 (GLOBE NEWSWIRE) -- MiniLuxe Holding Corp. (TSXV: MNLX) today announced its financial results for the 13 and 39 weeks ended September 29, 2024 (Q3 2024 and YTD Q3 2024, respectively). The fiscal year of MiniLuxe is a 52-week reporting cycle ending on the Sunday closest to December 31, which periodically necessitates a fiscal year of 53 weeks; fiscal years referred to in this release consist of 52-week periods. Unless otherwise specified, all amounts are reported in U.S. ...Read More >

Investing.com - Business - News Image
soure image
15
BusinessNov 19, 2024 05:06 AM

Telix to Add FAP-Targeting Candidates to Theranostic Pipeline By Investing.com

MELBOURNE, Australia, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Telix Pharmaceuticals Limited (ASX: TLX; Nasdaq: TLX, Telix, the Company) today announces it will expand its theranostic pipeline with new assets targeting Fibroblast Activation Protein (FAP), one of the most promising pan-cancer targets in nuclear medicine. Telix's development program will initially focus on the treatment of bladder cancer, rounding out its urology franchise, which includes late-stage therapeutic programs for kidney and pr ...Read More >

Investing.com - Business - News Image
soure image
26
BusinessNov 19, 2024 05:05 AM

Starbucks CFO Rachel Ruggeri sells shares worth $143,849 By Investing.com

Rachel Ruggeri, the Executive Vice President and Chief Financial Officer of Starbucks Corp (NASDAQ:SBUX), recently sold 1,452 shares of the company's common stock. The transaction, executed on November 15, 2024, was conducted at an average price of $99.07 per share, amounting to a total sale value of approximately $143,849. This sale was carried out as part of a pre-established Rule 10b5-1 trading plan, which Ruggeri adopted on November 28, 2023. Such plans allow company insiders to set up a pr ...Read More >

Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.