equity
InvestingThese FTSE 100 Stocks Look Low-Cost After Big Falls
Top StoriesUK Investors Add $1.2 Billion to Equity Funds in March – Calastone
TradingMarkets in Q1: Moving Fast and Breaking Things
BankingSpain’s Santander Reaffirms Targets in Face of Recent Market Turmoil
Norway Wealth Fund to Consider Investing in Unlisted Equities
Date: March 31, 2023
By Victoria Klesty OSLO (Reuters) -Norway’s $1.3 trillion wealth fund, one of the world’s largest investors, should assess whether to begin investing in unlisted equities, the finance ministry said on Friday, which would be a brand new asset class for the fund. The fund pools the Norwegian state’s revenues from oil and gas production and...
Abb to Launch $1 Billion Share Buyback on April 3
Date: March 31, 2023
ZURICH (Reuters) – ABB will launch its new $1 billion share buyback on April 3, the Swiss engineering company said on Friday, with the intention to buy up to 30 million of its shares. The buyback is the latest by ABB, which has repurchased around 286 million shares for roughly $8.6 billion since July 2020....
Intercos Fund Shareholders L Catterton, Otpp Sell 6% Stake at 7% Discount
Date: March 29, 2023
MILAN (Reuters) – Private equity fund L Catterton and the Ontario Teachers’ Pension Plan (OTPP) said they had completed the sale of an around 5.7% stake in Italian cosmetics manufacturer Intercos at a price of 13.25 euros ($14.36) per share. The price represents a 6.8% discount to Tuesday’s closing value of 14.15 euros per share....
U.S. Mid-Tier Lenders Shares Rise in Frankfurt After Svb Deal
Date: March 27, 2023
LONDON (Reuters) – The Frankfurt-listed shares of several mid-tier U.S. lenders rose sharply on Monday, after a buyer emerged for large chunks of embattled Silicon Valley Bank’s deposits and loans, which helped inject some much-needed calm into fragile markets. Shares in Pacific West Bancorp surged 16% in thin volumes in Frankfurt, while those in First...
Finnish Businessman Zilliacus Ready to Pay Premium for Manchester United
Date: March 24, 2023
By Akash Sriram (Reuters) – Finnish entrepreneur Thomas Zilliacus has placed a bid for Manchester United and is willing to pay a premium for the English soccer club, the former Nokia executive told Reuters on Thursday. A small portion of the club’s shares is listed on the New York Stock Exchange. The market capitalization was...
Should We Be Concerned About De&i Washing in FinTech
Date: March 23, 2023
Fintech has cultivated a progressive reputation for itself. Despite uniting two traditionally male-dominated sectors – finance and technology – fintech leaders are known for views that support the diverse, integrated workplace. With equity and impartiality stated as core values, and an avowed commitment to stamping out racism and build gender equality, it’s a sector that...