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Johnson matthey sells diagnostic services unit for £55mln
Johnson Matthey PLC (LSE:JMAT) has announced the sale of its subsidiary Diagnostic Services in a deal worth £55mln, to be paid in cash. The deal is w...
Vbk: small-cap growth stocks are undervalued but remain volatile
VBK invests in small-cap U.S. growth stocks. The fund is most likely undervalued and should continue to perform reasonably well....
General motors: ev story looks better without bolt
GM made a surprise announcement during company's Q1 Earnings call where it said that it was phasing out Bolt EV. Such a ruthless decision along with i...
Bed bath & beyond starts delisting process today
The retailer was a star stock during its first 20 years as a public company, but things fell apart in recent years....
Mirriad advertising shares double in value as it unveils microsoft collab
Mirriad Advertising PLC (AIM:MIRI, OTCQX:MMDDF) saw its shares rocket more than 100% higher as it announced a collaboration with Microsoft, to build a...
A&w revenue royalties income fund: snack on this juicy 5% yield
A&W is a quick-service restaurant steadily growing its restaurant count and brand presence. The company is committed to sustainability, ethical practi...
Ubs wary of buying credit suisse in february, wanted more analysis - sec filing
UBS in February had concluded that buying its stricken competitor Credit Suisse was not desirable, but that further analysis was needed, an SEC filing...
Barclays toughens deforestation rules for beef sector clients
Barclays has told beef sector clients they must prevent deforestation in their South American supply chains, in a policy document seen by Reuters that...
Unicredit ceo: positive macroeconomic environment and continued transformation boosting results
Andrea Orcel, CEO at UniCredit, discusses first-quarter earnings and the bank's outlook for rates and cost of risk over the next year....
Barratt developments set to meet city expectations; shares unmoved
Shares in housebuilder Barratt Developments PLC (LSE:BDEV) opened flat after the company said it would meet City earnings expectations while maintain...
Mitsui & co.: solid conglomerate with cyclical headwinds
Mitsui & Co. had a solid ending to FY 2023, slightly topping the last forecast and increasing the dividend another ¥5 per share. Profit is expected t...
Metro bank posts second quarter of profitability on mortgage loans demand
Metro Bank on Wednesday said it had reached underlying profitability for the second consecutive quarter, as net inflows picked up pace in March on a r...
Flex ltd: robust growth potential at a discounted valuation
Flex's quarterly earnings were strong and demonstrated strong growth going into 2023. Flex has been able to maintain performance with the broader mark...
Sofi technologies: a gift below $5 after q1 earnings
SoFi beat top and bottom line estimates for the first-quarter on Monday. Yet, shares sold off. SoFi maintained considerable acquisition momentum in te...
Immatics (imtx) moves 27.5% higher: will this strength last?
Immatics (IMTX) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revision...
Jeep, dodge maker stellantis posts first-quarter revenue jump as chip supply eases
Carmaker Stellantis on Wednesday posted a 14% annual rise in first-quarter net revenues as an easing of semiconductor supply chain pressures boosted s...
Unicredit lifts guidance as strong net interest income lifts earnings, revenue
UniCredit on Wednesday said that it upgraded its 2023 outlook as its revenue and earnings rose in the first quarter helped by net interest income grow...
After first republic's rescue, economists predict further pain with a 'new era' of higher inflation
Turmoil in the banking sector means central banks face in increasingly "delicate dance" in their efforts to rein in inflation, World Economic Forum Ma...
Flutter entertainment revenue jumps 46% as us growth soars
Flutter Entertainment PLC (LSE:FLTR) said a “very strong performance” in the US drove a 46% increase in first quarter revenue. The owner of FanDue...
Porsche confirms guidance after reporting higher profit
Porsche AG on Wednesday confirmed its 2023 guidance after reporting a higher profit for the first quarter on rising sales and strong pricing and produ...
Stellantis confirms 2023 guidance after first-quarter revenue jump
Stellantis on Wednesday confirmed its 2023 guidance after reporting a rise in revenue on more shipments and higher net pricing for the first quarter....
Haleon profits grow more slowly after mushrooming costs over past year
Haleon PLC (LSE:HLN, NYSE:HLN) has grown profits more slowly in the first quarter of 2023 amid higher costs and unhelpful currency swings. The Volatro...
Britain's lloyds beats q1 profit forecasts
Lloyds Banking Group beat profit expectations for the first quarter on Wednesday, as the bellwether lender was buoyed by interest rate rises despite B...
Sapiens: high-quality vertical software company, trading for trough 15x p/e, estimates rising
Sapiens sells insurance software for policy, billing, and claims, which is sold to P&C, life, reinsurance, and workers comp insurers. The software is ...
Lloyds banking group profit jumps 46% beating city forecasts
Lloyds Banking Group PLC (LSE:LLOY) beat City expectations reporting a 46% increase in first quarter profit as net income jumped continuing to benefi...
Okyo pharma to address key conference with data on dry eye drug
OKYO Pharma Ltd (LSE:OKYO, NASDAQ:OKYO), an ophthalmology-focused biopharmaceutical company, will showcase two presentations on its dry eye disease (D...
Rhythm pharmaceuticals, inc. (rytm) q1 2023 earnings call transcript
Rhythm Pharmaceuticals, Inc. (NASDAQ:RYTM ) Q1 2023 Earnings Conference Call May 2, 2023 8:00 AM ET Company Participants David Connolly - Executive Di...
Pgt innovations: a good buy despite near-term headwinds
Secular trends in the market should help PGT Innovations in long-term growth. PGTI should face near-term headwinds due to a slowdown in demand....
Ezu: eurozone stocks are cheap in 2023
EZU invests in eurozone stocks. The fund appears undervalued on the basis of forward earnings growth potential....
Agnc: mortgage supply/demand shifts will support the 15% dividend yield, buy
The mortgage-to-Treasury spread drives AGNC's earnings, book value and stock price. The mortgage spread in turn is driven by mortgage-backed security ...
Deutsche lufthansa confirms forecasts as it sees strong summer travel ahead
Deutsche Lufthansa confirmed its forecasts for the year as it expects a strong summer travel season after posting higher revenue and narrower losses f...
Bnp paribas posts higher earnings and revenue, helped by u.s. sale
BNP Paribas said Wednesday that first-quarter revenue and earnings rose, helped by growth in all divisions and by the sale of Bank of the West....
Potx: the weed barge is sinking, so consider abandoning ship
POTX invests mainly in healthcare and real estate institutions that are focused on cannabis. The demand for and spending towards cannabis is increasin...
Innate pharma announces conference call and webcast for q1 business update
MARSEILLE, France--(BUSINESS WIRE)-- #ANKET--Innate Pharma SA (Euronext Paris: IPH; Nasdaq: IPHA) (“Innate” or the “Company”), today announced...
Inspire medical systems, inc. (insp) q1 2023 earnings call transcript
Inspire Medical Systems, Inc. (NYSE:INSP ) Q1 2023 Earnings Conference Call May 2, 2023 5:00 PM ET Company Participants Ezgi Yagci - Vice President of...