JD Supra: Mergers

JUNE 19, 2023

Those with nonpublic information about a merger or acquisition involving a company appear to be profiting by trading in shares of exchange-traded funds based on indexes that include such companies’ shares, according to a recent study by Swedish and Australian researchers. By: Carlton Fields

Shares 159

Shares Mergers and Acquisitions Profitability Trading 159

The TRADE

OCTOBER 19, 2023

GAM Holding has confirmed its first steps in the turnaround plan for the business, aiming to return the company to profitability following a turbulent period. GAM has already made several new appointments in recent weeks in a bid to grow the business and increase profits, including changes to the group management board.

Profitability 57

Profitability Shares Investment Portfolio Management 57

Global Banking & Finance

AUGUST 9, 2023

Lloyd’s of London insurer Hiscox profit spikes on premium rise By Carolyn Cohn LONDON (Reuters) -Lloyd’s of London insurer Hiscox posted a sharp rise in pretax profit on rising premium rates, but its shares fell on Wednesday as analysts focused on a disappointing retail outlook.

Insurance 98

Insurance Profitability Retail Shares 98

Global Banking & Finance

FEBRUARY 22, 2024

StanChart lowers income target, launches $1 billion share buyback as profit jumps 18% By Selena Li and Lawrence White HONG KONG/LONDON (Reuters) -Standard Chartered PLC on Friday rewarded shareholders with dividends and a fresh $1 billion buyback as profit rose 18%, but set out underwhelming growth forecasts that will concern investors amid worries (..)

Profitability 40

Profitability Shares Investors 40

Global Banking & Finance

MARCH 1, 2024

Bpost posts lower 2023 operating profit, does not provide 2024 profit outlook By Lina Golovnya (Reuters) – Belgian postal operator Bpost, which also distributes newspapers, reported a decline in full-year operating profit on Friday, and did not provide an outlook for 2024, citing “discussions with press stakeholders” The group’s (..)

Profitability 40

Profitability Shares 40

Sun Acquisitions

MARCH 8, 2024

This article will explore the art of selecting the right equity partners for your business vision and how partnering can lead to profitable investments. Risk Sharing: By sharing financial and operational risks, equity partners help mitigate the inherent uncertainties of business acquisitions.

Profitability 59

Profitability Equities Acquisitions Business 59

How2Exit

OCTOBER 8, 2023

rn Summary: Kevin McArdle, CEO of Big Band Software, shares his journey from being a high school math teacher to becoming a successful entrepreneur in the software industry. rn Big Band Software focuses on acquiring profitable and growing B2B SaaS businesses. They could benefit from our expertise and ownership.

Profitability 130

Profitability Portfolio Mergers and Acquisitions M&A 130

Global Banking & Finance

FEBRUARY 15, 2024

Games group Embracer misses Q3 operating profit estimate By Jesus Calero (Reuters) -Swedish games developer Embracer said it may miss its debt reduction target, but maintained its full-year forecast after on Thursday reporting slightly weaker-than-expected operating profit for October to December. GMT, putting them […]

Profitability 40

Profitability Debt Shares IT 40

Global Banking & Finance

JULY 26, 2023

Equinor Q2 profit down 57% as oil and gas prices fall By Gwladys Fouche OSLO (Reuters) -Equinor posted on Wednesday a 57% year-on-year decline in second quarter core profit, in line with expectations as oil and gas prices fell, while maintaining its dividend and share buyback levels, sending its shares slightly lower.

Profitability 52

Profitability Shares IT 52

Global Banking & Finance

FEBRUARY 27, 2024

Norwegian Cruise forecasts upbeat first-quarter profit on robust demand (Reuters) – Norwegian Cruise Line Holdings forecast a first-quarter profit on Tuesday betting on higher ticket prices and steady demand in the U.S. The company’s shares rose 5.5% for cruises to the Caribbean and Europe. in premarket trading.

Profitability 40

Profitability Trading Shares 40

CNBC: Investing

NOVEMBER 10, 2023

There appears to be an upward bias to share price movement after analyst days, according to Goldman Sachs.

Profitability 133

Profitability Trading Shares 133

Global Banking & Finance

FEBRUARY 13, 2024

Robinhood posts surprise profit on interest income boost, trading rebound By Manya Saini (Reuters) -Robinhood Markets posted a surprise profit in the fourth quarter on Tuesday, driven by higher interest income from customers paying back loans and a rebound in trading, sending shares of the online brokerage up 10% after the bell.

Profitability 40

Profitability Trading Shares 40

TechCrunch: M&A

JANUARY 10, 2024

After years of exploding growth and massive funding rounds, it’s time for consolidation in the micromobility industry. Tier and Dott, two leading European companies in the space, have announced that they plan to merge. The transaction is expected to close within two months of today’s news.

Profitability 214

Profitability Funds Shares Mergers and Acquisitions 214

Business Standard - FInance

JUNE 25, 2023

The tax implications of income earned from shares, mutual funds and ETFs (Exchange Traded Funds) largely depend on the type of investment, the holding period and the amount of profit earned

Funds 98

Funds Shares Profitability Trading 98

TechCrunch: M&A

MAY 11, 2023

Peer-to-peer car-sharing company Getaround said Thursday it will acquire the assets of HyreCar, another car-sharing marketplace, for $9.45 Getaround expects to realize up to $75 million of run rate annualized gross booking value from the deal, which the company says will contribute to positive adjusted EBITDA profitability.

Shares 182

Shares Acquisitions Stock Trading 182

Global Banking & Finance

AUGUST 22, 2023

Medtronic raises profit forecast as surgeries return to pre-pandemic levels By Bhanvi Satija (Reuters) -Medtronic on Tuesday raised its annual profit forecast as the return of non-urgent surgery volumes to pre-pandemic levels boosted demand for its medical devices, sending its shares up 3%.

Profitability 52

Profitability Medical Shares IT 52

Global Banking & Finance

JANUARY 11, 2024

Tesco raises profit outlook again after strong Christmas sales By James Davey LONDON (Reuters) -Tesco, Britain’s biggest retailer, upgraded its profit outlook for the second time in four months as it reported a better-than-expected rise in underlying UK sales for the key Christmas trading period, buoyed by demand for fresh food.

Profitability 40

Profitability Sale Food Retail 40

Global Banking & Finance

FEBRUARY 13, 2024

TUI swings to surprise first-quarter profit on robust travel demand By Joanna Plucinska and Ilona Wissenbach LONDON (Reuters) – Europe’s largest travel operator TUI on Tuesday reported far better-than-expected first quarter results as it swung to a profit on the back of robust travel demand, sending its shares 7.4%

Profitability 40

Profitability Trading Shares IT 40

Global Banking & Finance

FEBRUARY 15, 2024

Australia’s QBE Insurance annual profit more than doubles but misses view By Echha Jain (Reuters) -Australia’s QBE Insurance Group’s full-year profit more than doubled on Friday, helped by higher income from premiums, but missed analysts’ expectations, sending its shares on track for their worst session in three months.

Insurance 40

Insurance Profitability Shares IT 40

Global Banking & Finance

FEBRUARY 15, 2024

Jet engine maker Safran raises dividend on profit jump and growth outlook PARIS (Reuters) -French jet engine maker Safran posted sharply higher revenue and operating profit for 2023, raised its dividend and predicted further growth this year on the back of strong demand for engine services.

Engineering 40

Engineering Profitability Shares IT 40

Global Banking & Finance

FEBRUARY 7, 2024

Equinor trims cash payouts, share price drops 7% By Nerijus Adomaitis and Nora Buli LONDON (Reuters) – Equinor said on Wednesday it would cut its overall cash returns to shareholders this year by $3 billion, sending its shares down 7% even after it posted a slightly smaller-than-expected drop in operating profit for the final quarter […] (..)

Shares 52

Shares Profitability IT 52

Global Banking & Finance

MAY 5, 2024

Westpac raises share buyback by $661 million even as costs and competition bite By Sameer Manekar (Reuters) -Australian bank Westpac raised its share repurchase programme by A$1 billion ($661 million) and declared a special dividend on Monday citing a strong balance sheet, even as its first-half profit fell 16% on tight competition and high costs. (..)

Shares 40

Shares Profitability Bank Banking 40

Global Banking & Finance

FEBRUARY 14, 2024

Heineken shares slide on 2024 outlook LONDON (Reuters) -Dutch brewer Heineken’s 2024 profit could fall significantly below analyst estimates owing to geopolitical and economic volatility, it said on Wednesday, sending its shares down as much as 6.5%. organic operating profit growth over the coming […]

Shares 40

Shares Profitability Economics IT 40

Global Banking & Finance

NOVEMBER 22, 2023

DIY retailer Kingfisher cuts profit outlook again on weak French market By James Davey LONDON (Reuters) -European home improvement retailer Kingfisher on Wednesday downgraded its full-year profit outlook for the second time in three months, blaming a weaker-than-expected market in France.

Retail 40

Retail Profitability Shares IT 40

Global Banking & Finance

JULY 19, 2023

Atlas Copco posts Q2 profit beat, but sees slowing demand (Reuters) -Swedish industrials group Atlas Copco on Wednesday reported second-quarter operating profit that beat market forecasts, but said demand was expected to weaken in the near term, sending its shares lower. billion Swedish crowns ($925 […]

Profitability 40

Profitability Shares IT 40

How2Exit

DECEMBER 18, 2023

b' E168: PE Firm Blackbook Investments: Acquiring and Growing Profitable Websites with Mohit Tater - Watch Here rn rn Sponsor: rn rn Reconciled provides industry-leading virtual bookkeeping and accounting services for busy business owners and entrepreneurs across the US.

Profitability 130

Profitability Investment M&A IT 130

Financial Times - Banking

OCTOBER 24, 2023

Chief executive also warns of ‘material’ cost cuts to come as part of a strategic review concluding early next year

Profitability 82

Profitability Shares 82

How2Exit

OCTOBER 30, 2023

rn Summary: Jeffery Oboy, founder of Paratus Capital, shares his journey in the search fund space and discusses the type of business he is looking to acquire. Jeffery shares his optimism for finding the right opportunity and navigating the current economic climate. We're looking at it today." That's right."

Business 130

Business Capital Acquisitions Shares 130

How2Exit

JANUARY 13, 2024

b' E177: Serial Founder Max Koutny Shares His Entrepreneurial Journey and Acquisition Criteria - Watch Here rn rn About The Guest(s): Max Koutny is a serial entrepreneur and founder of multiple companies. He has experience in various industries, including architecture, specialty products, health and wellness, and organic skincare.

Acquisitions 130

Acquisitions Shares Mergers and Acquisitions Manufacturing 130

Global Banking & Finance

JUNE 23, 2023

European shares set for worst week in three months, Siemens Energy plunges By Shreyashi Sanyal (Reuters) -European shares dipped on Friday at the end of a central bank policy-packed week that reinforced views that interest rates could stay higher for longer, while shares of Siemens Energy plunged as it withdrew its annual profit outlook.

Shares 52

Shares Profitability Bank Banking 52

CNBC: Investing

AUGUST 30, 2023

Berkshire shares have roared back to an all-time high on record operating profit, making it the biggest nontech company by market capitalization.

Profitability 145

Profitability Shares Capital IT 145

Global Banking & Finance

FEBRUARY 18, 2024

Westpac’s shares were […]

Profitability 40

Profitability Shares Bank Banking 40

The TRADE

JULY 26, 2023

billion post-tax profit for the first half of 2023, a decrease of 9% compared to Q2 2022 and a 7% fall for the overall half of the year, attributing the fall to higher tax rates. Despite overall profits in some areas of the bank, the investment bank revenues fell by 11% in the second quarter compared to the Q2 2022 results.

Profitability 52

Profitability Bank Banking Investment Banking 52

CNBC: Investing

DECEMBER 13, 2023

Shares of Opera, which makes desktop and mobile web browsers, have gained 86% this year, fueled by the company's improved profitability and product innovation.

Profitability 115

Profitability Stock Shares 115

CNBC: Investing

AUGUST 8, 2023

Truist upgraded shares to buy from hold following the company's better-than-expected second-quarter results.

Profitability 93

Profitability Stock Shares 93

Global Newswire by Notified: M&A

AUGUST 9, 2023

per share of common stock in an all-cash transaction, representing an implied equity value of approximately $170 million. HASSELT, Belgium/Limburg and BUFFALO, N.Y.,

Shares 76

Shares Profitability Stock Equities 76