market-capitalisation
InvestingJust Eat Takeaway to Withdraw From London Stock Exchange, Citing Costs
BusinessHyundai Motor to Buy Back $716 Million Worth of Shares
BusinessTobacco Firm Imperial Brands’ Fy Profit Beats Forecasts
InvestingSunrise Shares Climb on Return to Swiss Stock Market
Aviva Posts 15% Rise in 9-mth General Insurance Premiums
Date: November 14, 2024
LONDON (Reuters) -British insurer Aviva posted a 15% rise in general insurance gross written premiums for the first nine months of the year to 9.1 billion pounds ($11.54 billion) on Thursday and said it was confident of meeting its group targets. The life, motor and home insurer, whose main businesses are in Britain, Canada and...
Moncler Repeats It Won’t Comment on ‘unsubstantiated Rumors’ About Burberry
Date: November 11, 2024
MILAN (Reuters) – Italy’s Moncler on Monday reiterated it would not comment “on unsubstantiated rumors”, when asked about a Daily Mail report about a possible takeover by the luxury outerwear maker for British luxury brand Burberry. Shares in Burberry rose 3% in early trade after the Daily Mail reported that the British label was close...
Monster Beverage Misses Quarterly Results on Weaker Demand
Date: November 8, 2024
(Reuters) – Monster Beverage missed Wall Street estimates for third-quarter sales and profit on Thursday, as cost-conscious consumers cut back spending on its higher-priced beverages. Shares of the company were down about 3% after the bell. Consumers, especially from low to middle-income groups, have been curbing their cravings for branded non-alcoholic drinks and opting for...
Nvidia Surpasses $3.6 Trillion Market Value After Trump Win
Date: November 8, 2024
By Noel Randewich (Reuters) – Shares of Nvidia rallied to a record high on Thursday, making the chipmaker the first company in history to surpass a stock market value of $3.6 trillion as Wall Street extended a rally sparked by Donald Trump’s return to the White House. The dominant AI chipmaker’s shares rose 2.2%, lifted...
Match Forecasts Lackluster Revenue as Tinder Turnaround Takes Longer
Date: November 7, 2024
By Jaspreet Singh (Reuters) -Match Group projected fourth-quarter revenue below Wall Street estimates on Wednesday, signaling that a turnaround of its dating apps including Tinder would take longer and sending shares of the company down more than 13% in extended trading. The company also missed third-quarter revenue estimates. Smaller rival Bumble, meanwhile, posted its first...
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...