equity
FinancePartners Group Explores Sale of Stake in Britain’s Isp Schools, Sources Say
InvestingMorning Bid: Stocks at Record Peaks on Stimulus Hopes
InvestingAsia Stocks Sputter as Focus Shifts to China Stimulus
BusinessCroatian Food Retailer Studenac Plans Warsaw, Zagreb IPO
European Shares Fall on Fears of Trump Tariffs
Date: November 6, 2024
By Shashwat Chauhan and Shubham Batra (Reuters) -European shares ended lower on Wednesday, following a broad rally earlier in the session, hurt by a drop in utilities shares on fears that U.S. President-elect Donald Trump could halt fresh approvals for offshore wind projects. Trump, who recaptured the White House by securing more than the 270...
Shares in Salzgitter Surge 37% on Possible Takeover Offer
Date: November 6, 2024
DUESSELDORF (Reuters) -Shares in German steel group Salzgitter surged by as much as 37% on Tuesday after the company said that second-biggest shareholder GP Guenter Papenburg and a partner were considering a takeover offer. Based on after-hours trading following Salzgitter’s announcement late on Monday, Germany’s second-largest steel group behind Thyssenkrupp could achieve a market value...
Spain’s Cox to Raise up to $242 Million in Ipo, Valuing Company at $1 Billion
Date: November 6, 2024
(Reuters) – Spanish energy and water utility Cox said on Tuesday it intended to raise as much as 222 million euros ($242 million) in an initial public offering (IPO) on the Madrid stock market that would value it at up to $1.02 billion. The company plans to price the newly issued shares within a range...
London Stocks Edge Up, US Election in Focus
Date: November 5, 2024
By Pranav Kashyap (Reuters) – Britain’s main stock indexes saw a modest uptick on Tuesday, though a sense of caution lingered as investors worldwide focused on the impending results of the U.S. election. The blue-chip FTSE 100 was up 0.3% to 8,211.69 points by 1105 GMT and was on track to post its longest winning...
Q3 Earnings Half-Time in Europe: Investors Reward Beats but Fret About China
Date: November 5, 2024
By Lucy Raitano and Samuel Indyk LONDON (Reuters) – Europe’s third-quarter earnings have mostly topped markets’ low expectations and investors are rewarding beats more handsomely than they have in years, even though weak China demand is a cause for caution. In the two months prior to the start of Europe’s earnings season, analysts cut their...
European Shares Dip as Tech Losses Offset Bank, Oil Gains
Date: November 5, 2024
By Shashwat Chauhan (Reuters) –European shares dipped on Monday as losses in technology stocks offset gains in banks and oil shares, and the focus was on the U.S. presidential election. The pan-European STOXX 600 closed down 0.3%, with tech shares dropping 1.1% to lead sectoral declines. Banks rose 0.7%, while energy stocks gained 0.4% as...