equity
InvestingExclusive-Kioxia Sets IPO Price Range of 1,390-1,520 Yen per Share, Sources Say
BankingUBS Capital Requirements Should Be Proportionate, Minister Says
FinanceGlobal Equity Funds Draw Ninth Weekly Inflow in a Row
InvestingAston Martin Raises New Capital, Warns on Profit; Shares at Two-Year Low
Grifols Shares Tumble as Brookfield Plans to Drop Takeover Plan
Date: November 27, 2024
MADRID (Reuters) -Canadian fund Brookfield is planning to drop its plan to take over Spain’s Grifols, two sources close to the matter said on Wednesday, sending shares in the pharmaceutical firm down 10%. Grifols shares were down 10% in early morning trading, having fallen as low as 12% while the blue-chip index IBEX 35 was...
Hyundai Motor to Buy Back $716 Million Worth of Shares
Date: November 27, 2024
SEOUL (Reuters) – Hyundai Motor will buy back 1 trillion won ($715.79 million) worth of shares starting on Thursday over three months, the company said in a regulatory filing on Wednesday. ($1 = 1,397.0500 won) (Reporting by Jack Kim; Editing by Muralikumar Anantharaman)...
Aston Martin Expects Lower Full-Year Core Profit as Delivery Delays Bite
Date: November 27, 2024
(Reuters) -British luxury carmaker Aston Martin on Tuesday forecast its annual core profit to fall short of 2023 levels as delivery delays in the ultra-exclusive Valiant models weigh on its margins. The company expects its 2024 adjusted EBITDA to be in the range of 270 million pounds to 280 million pounds ($338.55 million – $351.09...
European Shares Set for Choppy Rise to Fresh Record in 2025: Reuters Poll
Date: November 26, 2024
By Samuel Indyk LONDON (Reuters) – European shares are expected to reach new peaks in 2025 but with only a modest rise as uncertainty surrounding U.S. President-elect Donald Trump’s tariff plans and weak euro area growth limit gains, a Reuters poll of equity strategists found. The pan-continental STOXX 600 index is expected to rise to...
Analysis-Investors Say They Know How to Trade Trump 2.0
Date: November 26, 2024
By Tom Westbrook and Ankur Banerjee SINGAPORE (Reuters) – Investors dusted off their trade war playbooks on Tuesday, confident their portfolios were better-prepared for Donald Trump this time after the U.S. President-elect took to social media and pledged new tariffs on Mexico, Canada and China. Muscle memory, formed over years of gyrating to Trump’s tweets...
UBS on Track to Fully Own China Securities Joint Venture
Date: November 26, 2024
BEIJING/HONG KONG (Reuters) -One of UBS’s joint venture partners in China will sell its entire holding in a securities company, paving the way for the Swiss bank to fully own a sizeable securities brokerage in the world’s second-largest economy. Beijing State-owned Asset Management (BSAM) plans to auction off a 33% stake in the joint venture,...