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Australia shares end flat; Perpetual top loser on benchmark
Australia shares end flat; Perpetual top loser on benchmark
May 8, 2024
* ASX 200 benchmark extends five-day winning streak * Financials log five days of consecutive wins * Perpetual top loser on ASX 200 By Sneha Kumar May 8 (Reuters) - Australian shares ended unchanged on Wednesday as local stocks pared gains after adding 1.4% on Tuesday as the Reserve Bank kept interest rates on hold and signalled inflation was still...
Investor Sentiment Falls Further, Dow Gains For Fifth Session
Investor Sentiment Falls Further, Dow Gains For Fifth Session
May 8, 2024
The CNN Money Fear and Greed index showed further decline in the overall market sentiment, while the index remained in the “Fear” zone on Tuesday. U.S. stocks settled mixed on Tuesday, with the Dow Jones index recording gains for the fifth straight session. Walt Disney Co ( DIS ) shares fell 9.5% on Tuesday after the company reported weaker-than-expected quarterly...
TC Energy's oil pipeline spin-off faces obstacles in bet on US Gulf
TC Energy's oil pipeline spin-off faces obstacles in bet on US Gulf
May 8, 2024
WINNIPEG, Manitoba, May 8 (Reuters) - TC Energy's ( TRP ) planned oil pipeline spin-off is a bet that it can supply more Canadian crude to U.S. Gulf of Mexico refiners, but the venture faces stiff competition and will carry high debt when it starts up. The South Bow spin-off, which TC investors will vote on June 4, will help...
Futures muted as investors seek clues on US rate path
Futures muted as investors seek clues on US rate path
May 8, 2024
(Reuters) - U.S. stock index futures were muted on Wednesday after a strong run of gains that pushed the benchmark S&P 500 to over three-week highs, as investors sought more clarity on the Federal Reserve's plans for interest rate cuts. The S&P 500 closed higher for a fourth straight session on Tuesday, its best winning run since March, while the...
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Analysis-Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
Analysis-Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
Mar 22, 2024
(Reuters) - The U.S. government's antitrust lawsuit against Apple ( AAPL ) draws on the watershed 1998 case that broke Microsoft's ( MSFT ) stranglehold on desktop software, but that may prove to be an imperfect blueprint for addressing smartphone competition. The market for the iPhone today looks very different from the near-monopoly enjoyed by Microsoft's ( MSFT ) Windows...
Deep Dive Into Confluent Stock: Analyst Perspectives (17 Ratings)
Deep Dive Into Confluent Stock: Analyst Perspectives (17 Ratings)
Mar 22, 2024
In the preceding three months, 17 analysts have released ratings for Confluent , presenting a wide array of perspectives from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 7 5 5...
AIOZ Network Partners With Alibaba Cloud to Boost AI, Storage and Streaming Services
AIOZ Network Partners With Alibaba Cloud to Boost AI, Storage and Streaming Services
Mar 22, 2024
The two companies will establish a DePIN alliance in south-east Asia.AIOZ's native token is currently trading flat after the announcement, it is up by more than 200% in 30 days.AIOZ Network will use Alibaba Cloud to improve Web 3, AI, storage and streaming services.Decentralized infrastructure network (DePIN) AIOZ Network has become the leading blockchain partner in Alibaba Cloud’s Innovation Accelerator...
Japan braces for life with interest rates after historic change
Japan braces for life with interest rates after historic change
Mar 21, 2024
TOKYO (Reuters) - In the coming years, Satoaki Kanoh needs to replace almost a dozen ageing machines at his Tokyo-based maker of acrylic panels, a major undertaking that he worries will become even more expensive. Ideally, I'd like to do one a year. But I don't have that much money, Kanoh said of the customised pieces of machinery that cost...
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BRIEF-D2L Acquires Global SaaS Learning Solution H5P Group
BRIEF-D2L Acquires Global SaaS Learning Solution H5P Group
Jul 9, 2024
July 9 (Reuters) - D2L Inc ( DTLIF ): * D2L ACQUIRES GLOBAL SAAS LEARNING SOLUTION H5P GROUP * D2L INC ( DTLIF ): ACQUIRED H5P FOR A PURCHASE PRICE OF US$25.6 MILLION AT CLOSING * D2L: PURCHASE PRICE HAS POTENTIAL EARNOUT PAYMENTS OF UP TO US$7.4 MILLION BASED ON ACHIEVEMENT OF MILESTONES Source text for Eikon: Further company coverage:...
BRIEF-TWFG, Inc  - Anticipate That IPO Price Will Be Between $14.00 And $16.00 Per Share
BRIEF-TWFG, Inc - Anticipate That IPO Price Will Be Between $14.00 And $16.00 Per Share
Jul 9, 2024
July 9 (Reuters) - * TWFG, INC - ANTICIPATE THAT IPO PRICE WILL BE BETWEEN $14.00 AND $ $16.00 PER SHARE * TWFG, INC SEES IPO OF UP TO 11 MILLION SHARES OF ITS CLASS A COMMON STOCK - SEC FILING * TWFG, INC - UPON THE COMPLETION OF OFFERING, CO AND PRE-IPO LLC MEMBERS WILL HOLD 24.2% AND 75.8%...
Powering Up the Future: Dominion Energy Acquires Lease for 800 MW Offshore Wind Project
Powering Up the Future: Dominion Energy Acquires Lease for 800 MW Offshore Wind Project
Jul 9, 2024
Dominion Energy, Inc. ( D )‘s subsidiary Virginia Electric and Power Company agreed to acquire the Kitty Hawk North Wind offshore wind lease and associated developments (known as CVOW-South) from Avangrid, Inc. ( AGR ) for $160 million. The transaction value comprises $117 million for the lease acquisition and $43 million for related development cost reimbursement to Avangrid ( AGR ). Notably, the...
Anew Medical to Advance Klotho Gene Therapy Program for Neurodegenerative Disorders; Shares Rise
Anew Medical to Advance Klotho Gene Therapy Program for Neurodegenerative Disorders; Shares Rise
Jul 9, 2024
07:42 AM EDT, 07/09/2024 (MT Newswires) -- Anew Medical ( WENA ) said Tuesday it plans to advance its patented Klotho gene therapy program for neurodegenerative disorders. Anew said it has compelling initial data suggesting that elevated levels of Klotho contributes to longer, healthier lifespans, while people with depleted levels of the gene are more susceptible to neurodegenerative disorders such...
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