equity
Top StoriesWestpac Raises Share Buyback by $661 Million Even as Costs and Competition Bite
Top StoriesGlobal Equity Funds Attract Robust Weekly Inflows, Led by Asia
Top StoriesUK’s FTSE 100 Hits Record Highs on Anglo-American Boost
Top StoriesING Announces Share Buyback, Quarterly Net Interest Income Falls
L’Occitane’s Billionaire Owner Geiger to Take Firm Private in $1.8 Billion Deal
Date: April 30, 2024
L’Occitane’s billionaire owner Geiger to take firm private in $1.8 billion deal (Reuters) – Hong Kong-listed L’Occitane International’s chairman and controlling shareholder will take the French skin-care firm private, valuing it at a maximum of HK$13.91 billion ($1.78 billion), the company said on Monday. Shares of L’Occitane jumped as much as 12.9% to HK$33.30, their...
Global Equity Funds Face Fourth Week of Outflows Amid Dampened Fed Rate Cut Hopes
Date: April 26, 2024
Global equity funds face fourth week of outflows amid dampened Fed rate cut hopes (Reuters) – Global equity funds recorded outflows for the fourth consecutive week as of April 24, affected by diminishing hopes of rapid Federal Reserve rate cuts this year amid a series of higher-than-expected U.S. inflation readings. Investors pulled out $2.7 billion...
Global Equity Market-Neutral Hedge Funds Shine
Date: April 23, 2024
Global equity market-neutral hedge funds shine By Patturaja Murugaboopathy (Reuters) – Global equity market-neutral hedge funds have lured investors as they can deliver better returns in times of global rates uncertainty and geopolitical tension than traditional stock markets. WHY IS IT IMPORTANT Equity market-neutral hedge funds (EMN) execute strategies that capitalise on discrepancies in stock...
Italy’s Lavazza Launches Bid to Take Machine Vendor Ivs Private
Date: April 23, 2024
Italy’s Lavazza launches bid to take machine vendor IVS private MILAN (Reuters) -Italian coffee maker Lavazza on Tuesday said it was investing further in the machine vending industry by acquiring a stake in machine vendor IVS for 185 million euros ($197 million) with an eye to eventually gain full control. Lavazza said it would offer...
Golden Goose’s Net Revenues up 12% in First Quarter
Date: April 23, 2024
Golden Goose’s net revenues up 12% in first quarter MILAN (Reuters) – Italy’s Golden Goose said on Tuesday its net revenues rose 12% at constant exchange rates in the first quarter while maintaining “strong margins”, as the luxury sneaker maker prepares for a likely initial public offering in Milan. The group, which is majority-owned by...
Bank of England Looks to Shine a Light on Private Equity Leverage
Date: April 22, 2024
Bank of England looks to shine a light on private equity leverage By Huw Jones LONDON (Reuters) – Regulators need to shine a light on the $8 trillion global private equity sector, as opaque leverage makes it hard to get a picture of the risks it poses to financial stability, jobs and growth, a Bank...