News
The Revival of Mergers and Acquisitions
M&A activity is on the rise in 2024 with significant deals happening, but challenges and uncertainties remain. Stay updated with the latest market trends and news.
AlTi Global Stock Volatility
Wealth management firm AlTi Global experienced stock volatility following large investments from Allianz and Constellation Wealth Capital, positioning itself for expansion within the ultrahigh-net-worth client market.
Viking Holdings Ltd. IPO News
Viking Holdings Ltd. files for an initial public offering, backed by TPG Capital and Canada Pension Plan Investment Board, with a rich history of expansion in the travel industry.
Calumet Specialty Products' Q4 Review
Calumet reported a loss in Q4 2023 but remains optimistic for 2024. Strategic focus includes transition to corporation, MaxSAF project, and Montana Renewables. Challenges like cracked steam drum affected operations. Executives confident in Montana Renewables' success and market position. Focus on feedstock flexibility, strategic geography, and market dynamics.
TransAlta's Strong Quarterly Earnings
TransAlta witnesses surge in shares after exceeding earnings expectations in latest quarter. Financial insights detail resilience and performance decline.
Femsa Net Profit Decline
Femsa faced challenges impacting its net profit in Q4, despite sales increase. Oxxo, Coca-Cola Femsa see growth. Labor costs and expenses add pressure. Key player in Mexican retail industry.
Docebo's Impressive Growth
Docebo's shares soar on impressive financial results, doubling profits and exceeding revenue expectations, promising outlook in technology sector.
DraftKings Position for Success
Barclays upgrades DraftKings, highlighting market potential and recent developments. Company well-positioned for growth in digital gaming sector.
MGP Ingredients Sales Outlook
MGP Ingredients faces stock decline after providing soft 2024 sales outlook due to industry challenges and distributor inventory.
Thursday's Rollercoaster Ride for EV Start-Up Shares
Thursday brought volatility to EV start-up shares, with L Catterton Asia Acquisition shining amidst the chaos. The impending transformation into Lotus Technology and market reactions to the merger are highlighted.