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French train manufacturer alstom plunges 35% after cash flow downgrade
Trading of Alstom was briefly suspended at the open of the Paris Stock Exchange....
Rivian stock falls. the electric truck maker issued this double disappointment.
The company is burning through cash–it sold trucks at an average loss of $33,000 in the second quarter....
Grainger hails "record" year after growth in rentals
Housebuilder Grainger Plc (LSE:GRI) said in a post-close trading update on Thursday that it had a year of "record delivery" and accelerated rental gro...
Lonza group: downside scenario already priced in
Lonza's CEO departure raises questions about business continuity, but we believe the stock price already reflects the worst-case scenario. Lower CAPEX...
Lloyds, barclays, santander among least eco-friendly banks - which?
Lloyds Banking Group PLC (LSE:LLOY), Barclays PLC (LSE:BARC) and Banco Santander (LSE:BNC) are among the UK's least eco-friendly banks, a Which? repor...
Healthbeacon confident in ‘significant growth prospects', if its appropriately funded
HealthBeacon PLC (EURONEXT:HBCN, OTCQX:HBCNF) interim chief executive Rebecca Shanahan has told investors “we are confident an appropriately funded ...
Kyowa kirin to acquire orchard therapeutics for $478 mln
Japanese pharmaceutical firm Kyowa Kirin said on Thursday it would acquire Britain-based biopharmaceutical company Orchard Therapeutics for $477.6 mil...
Amazon and microsoft face probe in the u.k. over cloud services
Britain's competition regulator said Thursday it's launching an investigation of market leaders Amazon.com and Microsoft over cloud services....
Uk's metro bank shares suspended multiple times after plunging more than 25%
Shares of Britain's Metro Bank suspended trading Thursday after tanking more than 29% amid reports that it was trying to raise £600 million ($727 mil...
Citigroup poised to cut jobs in coming months
Citigroup Inc (NYSE:C) is poised to announce job cuts in November as part of the investment bank's largest reorganisation in several decades, accordin...
Barclays to lay off 300 bankers
Barclays is dismissing roughly 50 senior dealmakers as part of the banking giant's annual culling of staffers in its investment bank. The cuts are pa...
Metro bank plunges on talk of big fundraising to fix finances
Metro Bank shares plunged more than 25% on Thursday following reports the British lender was exploring options to raise as much 600 million pounds ($7...
Third-party sellers talk shop as amazon and walmart put marketplaces in spotlight
In today's hyper-competitive business landscape, small- to medium-sized businesses (SMBs) face challenges in standing out and reaching consumers. The ...
Blackberry review – souped-up account of the rise and fall of ‘crackberry'
Hilarity and pathos intertwine in this likable comedy as the smartphone creators go loopy with wealth – and slack-jawed when the iPhone spoils the p...
Aif: this 11.33%-yielding alternative credit fund is a winner
Apollo Tactical Income Fund has attracted attention from income-focused investors due to its high current yield of 11.33%. The fund has outperformed t...
Revenue momentum to persist for london stock exchange group
UBS is optimistic about the London Stock Exchange Group PLC (LSE:LSEG) (LSEG) as it approaches its third-quarter results on October 19, with a core bu...
Uk regulator refers amazon and microsoft for a competition probe into cloud computing
U.K. regulator Ofcom has raised concerns about competition in the country's cloud computing market, focusing on the dominance of Amazon and Microsoft....
Paramount resources: back to growth
Paramount Resources is a family-owned company with a conservative management approach. The company is effectively debt-free and has strong cash flow t...
Novonix ceo discusses china's dominance in the battery materials supply chain
Chris Burns, CEO of Novonix, discusses the need for "critical partnerships" to counter China's dominance in the battery materials supply chain....
Diversified energy “unaware” of any specific reason for share price fall
Diversified Energy Company PLC (LSE:DEC, OTCQX:DECPF) told investors it was unaware of any operational or specific reason for its recent share price f...
Metro bank shares tank even further on news emergency fundraise
Metro Bank Holdings PLC (LSE:MTRO) is seeking to raise £600 million from investors to fortify its beleaguered balance sheet following a series of fi...
Volvo cars september sales rise 25%, demand up in china
Volvo Cars' sales grew 25% in September from a year earlier to 61,666 cars as sales grew in China as well as in Europe and the U.S., the Sweden-based ...
Unite group ceo steps down, cfo appointed as replacement
Unite Group PLC (LSE:UTG) chief executive Richard Smith is to step down at the end of the year, with chief financial officer Joe Lister already single...
Chevron 'reneged' on commitment given to australia's industrial tribunal, union says
Chevron has "reneged" on the commitment to incorporate the Australia industrial tribunal's recommendations into the bargaining agreement for its Wheat...
Rheinmetall supplies ukraine with more drone reconnaissance systems
Rheinmetall has won another order from the German government to supply Ukraine with drone reconnaissance systems, the defence manufacturer said on Thu...
Microsoft and amazon the focus of cloud computing probe
Communications industry regulator Ofcom has referred both Microsoft Corporation (NASDAQ:MSFT) and Amazon.com Inc (NASDAQ:AMZN) to the UK's Competiti...
International flavors & fragrances: a wide-moat stock at a huge discount
International Flavors & Fragrances is a leading producer of specialty ingredients used in consumer and industrial products globally. The company has f...
Societe generale: a longer than expected re-rating journey
Société Générale investors were not pleased with the company's growth targets. Here at the Lab, we positively view the new CEO's intention to rese...
Ceres power publishes sustainability report
Ceres Power Holdings PLC (LSE:CWR, OTC:CPWHF) published its second annual sustainability report today, where it said that alongside the role its techn...
National grid trading in-line, earnings weighted to second half
National Grid PLC (LSE:NG.) reported trading remains in line with expectations, although it expects earnings to be more weighted to the second half, r...
Atn international: the digital rural opportunities fund, and reaffirmed ebitda guidance
ATN International reaffirms its EBITDA guidance for 2023 and expects inorganic growth and joint ventures to accelerate FCF margin growth. Market expec...
Arko: improving operating metrics but expensive, reiterate neutral
Arko has improved its operational profile driven by the outperformance of its merchandise portfolio. It has reported resilient earnings in Q2 with imp...
Imperial brands backs outlook, launches £1.1 billion buy-back
Imperial Brands launched a new £1.1 billion share buy-back as it said it was on track to deliver full-year guidance despite forex headwinds. However,...
Bluelinx: this time looks different
BlueLinx is a prominent player in the building materials distribution industry in the US, serving a wide range of customers in residential and commerc...
