Hipgnosis Songs Fund shareholders unanimously approve proposal to allocate £20 million for prospective buyers, aiming to incentivize engagement and provide financial protection. Chairman emphasizes dedication to strategic review.
Sartorius Stedim Biotech completes capital increase, resulting in share decline but positive impact on debt. Jefferies analysts view it as significant event.
Barratt Developments agrees to acquire Redrow in all-share deal, creating a combined company with market value of GBP7.15 billion
J Sainsbury announces strategy update and share buyback program to save £1 billion in costs, invest in technology, and drive growth and efficiencies.
Pandora will be returning $792.9 million to shareholders as net profit rises. The company plans to achieve strong growth and increase its dividend.
The U.S. Postal Service unveils initiatives to reduce emissions, increase sustainability, and achieve cost savings. Plans include using more electric vehicles, consolidating facilities, and optimizing delivery routes.
Kyndryl Holdings reports better-than-expected quarterly results, surpassing revenue estimates and focusing on growth. CEO Martin Schroeter highlights the company's strong performance and ability to execute its strategy.
Kyndryl Holdings reports a significant reduction in loss for Q3, as well as a decline in revenue. The company attributes the revenue decline to strategic customer contract changes.
Severe winter weather sets consumption record, lowers natural gas prices. Traders puzzled by decreased prices despite increased demand. Spot prices forecasted to decrease slightly in 2024 and 2025.
Cummins Inc., a leading engine maker, experiences a decline in stock prices due to lower-than-expected Q4 earnings and disappointing 2024 guidance. Analysts weigh in on the results and market expectations.