Saic wins $150m airport technology support contract from tsa

Per the latest $150 million contract from the TSA, SAIC is likely to continue performing the operational testing and evaluation of TSA airport screeni...

December 16, 2022, 10:32 am

Mastercard to invest $50m to further financial inclusion in africa

Mastercard will invest up to $50 million in Africa's digital infrastructure to further financial inclusion. The initiative, which was announced at the...

December 16, 2022, 9:53 am

Bitgo ‘held up’ alameda’s $50m wrapped bitcoin withdrawal requests

The BitGo CEO said the withdrawal requests came as Sam Bankman-Fried petitioned investors for capital before announcing FTX’s bankruptcy. Read Full ...

December 15, 2022, 1:44 pm

Sainsbury's price cutting to eat into margins, say credit suisse

J Sainsbury PLC (LSE:SBRY) recent round of price reductions will eat away at margins, according to Credit Suisse, which has kept its 'underperform' r...

December 13, 2022, 9:07 am

Gevo may be approaching a bottom, but uncertainty remains high

The EV of Gevo fell below US$70M, which is 1/4 of the projected EBITDA from NZ-1. However, the estimated initial cost of NZ-1 jumped to US$8...

December 12, 2022, 11:59 pm

Grill maker weber to go private and get $350m loan

Grill maker Weber is to go private with its planned acquisition by BDT Capital Partners.  Subject to customary conditions, the 70-year-old company...

December 12, 2022, 10:53 am

Fx option expiries for 09 december 2022 at the 10am new york cut

Some of these may be of use.

EUR/USD

• 1.0600 EUR1.78bn
• 1.030...

  December 9, 2022, 5:44 am

Key market insights december 8

US Markets Stock futures rose overnight after a selloff on Monday. GitLab surged 23% on Monday after posting lower-than-expected losses and higher-tha...

December 8, 2022, 2:49 am

Coats' pension scheme buys £350mln bulk annuity policy from aviva

Coats Group PLC (LSE:COA) announced that the trustee of the Coats UK Pension Scheme has purchased a c£350m...

December 6, 2022, 3:23 am

Sainsbury's to cut a further £50mln from prices

Sainsbury's is to cut prices by a further £50mln in what it said was a move to help customers cope wit...

December 5, 2022, 10:34 am

Eaglebank provides $50mm in acquisition and renovation financing to insight property group and ahc inc.

Funding will finance a 259-unit “affordable rent” multifamily property located in Reston, VA BETHESDA, Md., Nov. 30, 2022 (GLOBE NEWSWIRE) — Eag...

November 30, 2022, 11:00 am

L.b. foster: hidden value in a post acquisition development

In a base case scenario where FSTR generates $550m sales, 7% EBITDA margin and $6m capex, it should mak...

November 30, 2022, 8:11 am

Pra group (praa) concludes refinancing $750m revolving credit

PRA Group's (PRAA) Europe revolving credit facility refinancing is expected to improve its balance sheet and capital position....

November 29, 2022, 9:47 am

Viewray: revise thesis to buy, multiple upside targets in place

Revised FY22 revenue guidance with management more confident on the lower end of range. Backlog continues to grow, ending 26% higher to $3...

November 24, 2022, 9:25 am

Lloyds, barclays, natwest customers among 200k banking victims of ispoof scam in £50m record fraud

Customers of Lloyds Banking Group PLC (LSE:LLOY), Barclays PLC (LSE:BARC) and other big banks will be contacted by the Metropolitan Police after a sca...

November 24, 2022, 9:01 am

Buffett gives more than $750m in berkshire shares to charities

Warren Buffett made a second round of donations this year giving $750 million in Berkshire stocks to four family charities....

November 24, 2022, 12:45 am

Etoro’s spac partner will return $250m to investors

FinTech Acquisition Corp. V (NASDAQ: FTCV), the blank-check company that previously inked a deal with retail broker ...

November 21, 2022, 9:57 am

Virgin money reports 43% increase in profits as rate rises boost margins

Virgin Money UK PLC (LSE:VMUK) reported a strong increase in full-year profits, and a further £50mln ...

November 21, 2022, 2:57 am

Us initial jobless claims 222k vs. 225k estimate

• Prior week 225K (was e...

  November 17, 2022, 1:30 pm

Biden administration approves $250m for energy efficiency upgrades in homes, businesses

In addition to using the funds to provide loans for energy efficiency audits and upgrades, states can use up to 25 percent of the resources for grants...

November 15, 2022, 3:36 pm