equity
Top StoriesDreaded ‘down Rounds’ Shave Billions Off Startup Valuations
Top StoriesStocks Stumble as Caution Reigns Ahead of U.S. Inflation Data
InvestingEuropean Shares Slip With U.S. Inflation Data in Focus
Top StoriesRussian Stocks Rebound as Moscow Exchange Delays Return of Some Foreign Investors
European Shares Pop Two Weeks of Gains as Growth Fears Weigh
Date: August 5, 2022
By Bansari Mayur Kamdar and Anisha Sircar (Reuters) -European shares fell on Friday after a stronger-than-expected U.S. jobs report ramped up bets of another 75 basis point rate hike by the Federal Reserve next month, while fears of a darkening growth outlook pushed shares towards weekly losses. The pan-European STOXX 600 was down 0.8%, extending...
Monte Dei Paschi Enlists More Banks for Cash Call, Fights Legal Challenge
Date: August 5, 2022
By Valentina Za MILAN (Reuters) – State-owned Italian bank Monte dei Paschi di Siena (MPS) said four more banks had agreed to back its upcoming 2.5 billion euro ($2.6 billion) cash call, as it moves to fend off a fresh legal challenge. The Tuscan bank needs more cash five years after an 8 billion euro...
Russian Equities Brace for Selling Pressure as Fraction of Foreign Investors Return
Date: August 5, 2022
MOSCOW (Reuters) – Russian stocks are expected to decline in August as investors from so-called “friendly” countries, a fraction of foreign investment power, return to the unchartered waters of an equity market now offering huge risks and insufficient transparency. Foreign investors have not had access to the Russian stock market since Feb. 25, the day...
Hargreaves Lansdown Shares Hit 2.5 Month High on Profit Beat
Date: August 5, 2022
By Sinchita Mitra (Reuters) – Hargreaves Lansdown Plc on Friday beat annual profit expectations helped by better cost management, sending shares in the British investment platform to a 2-1/2-month high. Last year Hargreaves battled soaring costs which hit its underlying annual profit and prompted it to launch strategic initiatives to manage costs efficiently. “This past...
Jittery Markets See Bond Funds Enjoy Largest Weekly Inflows Since Nov 2021
Date: August 5, 2022
By Lucy Raitano LONDON (Reuters) – Bond funds recorded their largest weekly inflow since late 2021 while equity funds were sold off, suggesting investors are becoming increasingly risk adverse against a darkening outlook for the global economy. Investors put $11.7 billion into bonds in the week to Wednesday – the biggest such inflow into fixed...
Analysis: Wall Street’s ‘fear Gauge’ in Limbo as Big Investors Keep Shunning Stocks
Date: August 4, 2022
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Wall Street’s most closely watched gauge of market anxiety shows expectations of choppy trading ahead despite a recent snapback in U.S. stocks, though institutional investors’ low exposure to equities may help curb gyrations. The Cboe Volatility Index, an options-based indicator that reflects demand for protection against drops...