Category: Shares
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Will Tether Unveil Its Own Blockchain? CEO Shares Intriguing Details
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Amid speculation that Tether, the largest stablecoin in the cryptocurrency market, USDTCoinDesk is preparing to launch its own blockchain technology, and the company’s CEO, Paolo Ardoino, has addressed the rumors in key detail. Tether Abandons Plans to Launch Its Own Blockchain in interview In an interview with Bloomberg News, Ardoino…
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Lululemon stock remains attractive despite Stifel’s cautious shares target update By Investing.com
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On Thursday, Stifel, a financial services company, revised its price target for lululemon athletica (NASDAQ:) shares, lowering the previous target price of $416 to $370. Despite the price target cut, the company continues to recommend a Buy rating on the stock. This revision reflects a cautious stance on the company’s…
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Seven & i shares give up some gains after Couche-Tard bid By Reuters
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TOKYO (Reuters) – Shares of Japan’s Seven & I Holdings Inc fell about 6 percent in morning trade on Tuesday, giving up some of their gains the previous day when they were boosted by news of a takeover bid from Canada’s Alimentation Couture. Although the value of the offer was…
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Shares in Asia Advance With Jackson Hole in Focus: Markets Wrap
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(Bloomberg) — Asian stocks rose Monday, as traders looked ahead to the Federal Reserve’s annual meeting in Jackson Hole for any clues about the future path of interest rates. Most Read from Bloomberg A regional stock index rose, extending Friday’s gains. Chinese stock markets rose, led by technology shares. Japanese…
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Brazilian pet product retailer Petz shares soar on Cobasi merger deal By Reuters
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Written by Alberto Allergi SAO PAULO (Reuters) – Shares of Brazil’s Pets Inc rose on Friday after the company formally agreed to merge with rival Copasi to create the country’s largest pet products retailer. The merger agreement was first announced in April, when the two companies signed a memorandum of…
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South Korean Pension Fund Buys $34 Million in MicroStrategy Shares
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South Korea’s National Pension Service (NPS) has bought $34 million worth of shares in MicroStrategy, a business intelligence firm that has raised billions of dollars in Bitcoin. BREAKING: ?? South Korea’s pension fund announces $34 million purchase of MicroStrategy shares. pic.twitter.com/Sg5cRAkjzZ — Bitcoin Magazine (@BitcoinMagazine) August 16, 2024 According to…
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NVE Corp director Terrence Glarner sells shares worth $27,076 By Investing.com
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According to a recent filing with the U.S. Securities and Exchange Commission, Terrence Glarner, the director of NVE Corp. (NASDAQ:NVEC), completed the sale of the company’s shares on August 15. The transaction involved the sale of 344 shares at $78.71 per share, for a total of approximately $27,076. This sale…
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Shimmick shares plunge 31% as Q2 results disappoint By Investing.com
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NEW YORK — Shares of Chemec Corporation (NASDAQ:CHEM) plunged 31% Friday after the water infrastructure company reported disappointing second-quarter results and gave weak guidance. Chemec reported a second-quarter adjusted loss of $1.60 per share, well above analysts’ expectations of $0.12 per share. Revenue was $91 million, well below the consensus…
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Wisconsin adds 447k shares to BlackRock Bitcoin ETF holdings
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The Wisconsin Investment Board has increased its stake in BlackRock’s iShares Bitcoin Trust, as disclosed in a recent filing with the U.S. Securities and Exchange Commission. US Securities and Exchange Commission Submit files On August 14, data showed that Wisconsin now owns nearly 2.9 million shares of BlackRock’s iShares Bitcoin…
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Wisconsin adds 447k shares to BlackRock Bitcoin ETF holdings
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The Wisconsin Investment Board has increased its stake in BlackRock’s iShares Bitcoin Trust, as disclosed in a recent filing with the U.S. Securities and Exchange Commission. US Securities and Exchange Commission Submit files On August 14, data showed that Wisconsin now owns nearly 2.9 million shares of BlackRock’s iShares Bitcoin…
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Australia’s CBA beats annual profit forecast, extends shares rally By Reuters
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Written by Sameer Manikkar (Reuters) – Commonwealth Bank of Australia, the country’s largest lender, reported a smaller-than-expected fall in annual cash profit on Wednesday and announced its highest ever dividend, despite falling margins and rising mortgage overdue payments. Cash profits were A$9.84 billion (US$6.52 billion) for the year to June…
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Warby Parker shares gain 3% on revenue beat, raised outlook By Investing.com
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NEW YORK — Warby Parker Inc. (NYSE: WRBY) shares jumped 3.7% after the eyewear retailer reported better-than-expected second-quarter revenue and raised its full-year outlook. The company reported second-quarter revenue of $188.2 million, beating analysts’ estimates of $187.04 million and up 13.3% year over year. However, Warby Parker reported a loss…
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Lumen Technologies shares extend AI-fueled surge after rosy cash-flow outlook By Reuters
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NEW YORK (Reuters) – Shares of Lumen Technologies Inc jumped 30 percent on Wednesday, extending gains from the previous session, after the telecom company raised its annual free cash flow outlook on demand tied to artificial intelligence. Lumen shares were trading at $6.54 a share after hitting an intraday high…
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Nvidia stock tanks as Magnificent 7 shares see worst market cap loss ever
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Nvidia (NVDA) shares fell about 8% in early trading as Magnificent 7 shares saw their worst intraday market value loss ever during Monday’s market rout. As of 10:00 a.m. ET, the MAG 7 Group’s market cap has fallen by more than $860 billion. Together, MAG 7 shares make up about…
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Carlyle Q2 profit misses, shares drop amid market sell-off By Reuters
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By Echo Wang NEW YORK (Reuters) – A private equity firm The Carlyle Group General Electric Co. (NASDAQ:GE) reported a larger-than-expected 11.7% year-over-year decline in distributable profit in the second quarter on Monday, as record revenue from management and transaction fees failed to offset a big drop in performance fees.…
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Philips to repurchase shares for up to EUR 125 million to cover long-term incentive plans
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Article Content August 5, 2024 Amsterdam, Netherlands – Royal Philips PHG, listed on the New York Stock Exchange (NYSE: PHIA), today announced that it will buy back shares for up to €125 million to cover certain obligations arising from its long-term incentive plans. At the current share price, this represents…
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Japan’s shares plunge more than 10% extending sell-offs; July services PMI revised downwar
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ronniechua/iStock via Getty Images The Nikkei 225 index fell more than 10% to around 31,135 while the broader Topix lost 6.5% to 2,370 early Monday, with both indexes hitting seven-month lows on concerns about rising interest rates in Japan and also under pressure from safe-haven buying. Amid global stock sell-offs…
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High Arctic Announces TSX Venture Exchange Conditional Approval of Listing of SpinCo Shares
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This section is Partnership Content Provided The content in this section has been provided by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumbs Path Links Globe Newswire Article author: Published on August 2, 2024 •…
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High Arctic Announces TSX Venture Exchange Conditional Approval of Listing of SpinCo Shares
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This section is Partnership Content Provided The content in this section has been provided by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumbs Path Links Globe Newswire Article author: Published on August 2, 2024 •…
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JPMorgan cuts Booking Holdings shares target, cites slower bookings growth By Investing.com
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On Friday, JPMorgan Chase revised its price target on Booking Holdings Inc. (NASDAQ:BKNG) shares to $3,860, down from $4,025, while maintaining an “overweight” rating on the stock. The company’s analysis cited a mix of results from the company’s second-quarter performance and future expectations. Booking Holdings reported a 7% year-over-year increase…