Financial

Ondo InsurTech Reports Significant Growth and Expands LeakBot’s Reac...
December 03, 2024 01:08 PM GMT | By Team Kalkine MediaHighlights:,Revenue Growth:,Ondo InsurTech posted a 42% increase in revenue, reaching £1.7 million for the six months ending September 30.,US Market P...

Berenberg Raises Direct Line Insurance Target Price Amid Aviva's Tak...
December 03, 2024 01:08 PM GMT | By Team Kalkine MediaHighlights:,Target Price Upgrade:,Berenberg increases Direct Line Insurance's target price from 215p to 270p following Aviva's non-binding offer.,Cons...

Legal & General Group Plc (LON:LGEN) Insider Purchases Shares Amid M...
December 03, 2024 12:50 PM GMT | By Team Kalkine MediaHighlights,Legal & General Group insider Henrietta Baldock buys 1,118 shares at an average price of GBX 221 ($2.80).,Stock opens at GBX 223.50 ($2.83)...

Zilch Eyes £150 Million Share Sale Amid Debate on London IPO Prospec...
December 03, 2024 11:37 AM GMT | By Team Kalkine MediaHighlights,Zilch plans a £150 million capital raise, boosting its valuation to £1.5 billion.,The company explores alternatives to a London IPO due to...

Revolut (Private)'s Founder Highlights Challenges of a London IPO Am...
December 03, 2024 11:37 AM GMT | By Team Kalkine MediaHighlights,Revolut founder critiques the UK listing regime, citing cost and inefficiency.,Prefers US markets for their liquidity and streamlined listi...

UK Entertainment and Hospitality Spending Surges in November Amid Co...
December 03, 2024 11:37 AM GMT | By Team Kalkine MediaHighlights,Entertainment spending rose 10.8% in November, driven by blockbuster cinema releases.,Hospitality and leisure spending increased 4.7%, with...

Paragon Banking Group Focuses on Digital Transformation in FY24, Set...
December 03, 2024 10:50 AM GMT | By Team Kalkine MediaHighlights,Strong Financial Performance:,Operating profit rose 5.4% to £292.7 million, with EPS up 7.3% to 101.1p and net interest margin improving to...

BlackRock Smaller Companies (LON:BRSC) Stock Update and Dividend Ann...
December 03, 2024 08:10 AM GMT | By Team Kalkine MediaHighlights,BlackRock Smaller,Companies,(BRSC) shares declined 0.1%, closing at GBX 1,366.,The company announced a dividend of GBX 15.50 to be paid on...

Intuitive Investments Group (LON:IIG) Sees a 1.2% Rise Amid Lower Tr...
December 03, 2024 08:00 AM GMT | By Team Kalkine MediaHighlights,Stock Increase Noted,Intuitive Investments Group PLC (IIG) experienced a 1.2% uptick on Monday, closing at GBX 124.50.,Trading Volume Decli...
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Paragon Banking Group Defies Buy-to-Let Concerns with Robust Profit...
December 03, 2024 12:00 AM GMT | By Team Kalkine MediaHighlights:,27% Profit Growth:,Paragon Banking Group reported a substantial 27% increase in pre-tax profits, reaching £254 million for the year ending...

Tavistock Investments Embarks on Strategic Transition with Key Dives...
December 02, 2024 11:57 AM GMT | By Team Kalkine MediaTavistock Investments Repositions Strategy with Key Disposal and Acquisition,Highlights:,Strategic Shift:,Tavistock Investments transitions from finan...

Valereum Expands into El Salvador with Key Appointment to Drive Digi...
December 02, 2024 11:57 AM GMT | By Team Kalkine MediaHighlights:,Strategic Appointment:,Carmen Elena Ochoa named Head of El Salvador for Valereum’s tokenised securities and digital assets marketplace, VL...

UK Insurers to Benefit from Revised Ogden Rate Effective January 202...
December 02, 2024 10:59 AM GMT | By Team Kalkine MediaHighlights:,Ogden Rate Update Announced:,The discount rate will increase to -0.5% starting January 2025, reducing insurers’ payouts on personal injury...

UK Regulators Weigh Change to Economic Data Release Times Amid Marke...
December 02, 2024 10:53 AM GMT | By Team Kalkine MediaHighlights:,Proposal for Later Releases:,Regulators are evaluating shifting economic data releases from 7am to market hours to reduce pre-market volat...

Tesla, BlackRock, and Industry Giants: A Look at Recent Market Movem...
December 02, 2024 12:00 AM GMT | By Team Kalkine MediaHighlights,Tesla shares have surged following political and strategic developments tied to CEO Elon Musk.,BlackRock nears a deal to acquire private cr...

IntegraFin Reaches 12-Month High Key Insights into Performance and M...
November 29, 2024 11:08 AM GMT | By Team Kalkine MediaHighlights,IntegraFin shares hit a 52-week high, trading at GBX 397.18.,Analysts have set a target price of GBX 400, with a mixed outlook.,The company...

Bitcoin Stabilizes After Volatile Week Amid Post-Election Market Dyn...
November 29, 2024 10:30 AM GMT | By Team Kalkine MediaHighlights:,Sharp Midweek Volatility:,Bitcoin experienced a sharp 6% drop early in the week, followed by a 4.2% rally, before stabilizing near the $96...

Bank of England Flags Clearing House Vulnerabilities in Latest Stres...
November 29, 2024 10:30 AM GMT | By Team Kalkine MediaHighlights:,Increased Losses Noted:,Major UK clearing houses reported larger losses in the latest Bank of England stress test compared to the previous...

Mortgage Approvals Hit 14-Month High Amid Lower Borrowing Costs
November 29, 2024 10:26 AM GMT | By Team Kalkine MediaHighlights:,Mortgage Approvals Reach High:,October saw 68,300 mortgage approvals, the highest since August 2022.,Interest Rates Decline:,The effective...

Peel Hunt Reports Recovery Despite Market Uncertainty Post-Budget
November 29, 2024 08:44 AM GMT | By Team Kalkine MediaHighlights:,Improved Core Business:,Peel Hunt's equity capital markets performance showed significant recovery, boosted by M&A advisory and equity fun...
AI on the Rise: A Look at Top AI Companies and Their Stocks