Financial

Klarna Fined £36 Million for Breaching Anti-Money Laundering Guidelines
December 11, 2024 10:26 PM AEDT| By Team Kalkine MediaHighlights:,Klarna Group fined 500 million Swedish krona for deficiencies in anti-money laundering compliance.,Swedish financial regulator cited gaps in customer due diligence and risk assessments.,Klarna acknowledges findings stem from a routine rev...

Resolution Life (LSE: RLGH) Announces Acquisition by Nippon Life Insurance Company
December 11, 2024 06:36 PM AEDT| By Team Kalkine MediaHighlights,Nippon Life,agrees to acquire 100% of Resolution Life for $8.2 billion, valuing the company at $10.6 billion.,Resolution Life's institutional business,in the US, UK, Bermuda, and Singapore will become a subsidiary of Nippon Life.,Australas...

Pollen Street Group (LON:POLN) Registers Modest Stock Price Increase
December 11, 2024 11:00 AM AEDT| By Team Kalkine MediaHighlights,Marginal Growth,Pollen Street Group plc (LON:POLN) experienced a 0.3% rise in stock price on Tuesday.,Volume Decline,Trading volume dropped significantly, with only 31,633 shares exchanged.,Market Metrics,The company has a market capitaliz...

Beazley (LON:BEZ) Strong Growth Backed by Earnings and Insider Alignment
December 10, 2024 11:00 AM AEDT| By Team Kalkine MediaHighlights,Beazley (BEZ) achieved an impressive 183% growth in earnings per share (EPS) over the past year.,Revenue growth and improved EBIT margins underscore operational strength.,Insider confidence is demonstrated by substantial ownership and rece...

Quilter Plc (LON:QLT) Hits 1-Year High as Stock Surges
December 10, 2024 11:00 AM AEDT| By Team Kalkine MediaHighlights,Quilter (QLT) stock reaches a new 52-week high.,Trading volume remains modest with 30,449 shares exchanged.,Market capitalization stands at £2.14 billion, with a focus on high-net-worth individuals.,Quilter Plc (LON:QLT), a leading provide...

London Stock Exchange Group's Data Business Set to Drive Growth and Market Leadership
December 09, 2024 09:47 PM AEDT| By Team Kalkine MediaHighlights,LSEG's data and feeds segment is projected to contribute 23% of top-line growth over the next two years.,Strategic trends, including cloud migration and data platform advancements, bolster LSEG's market positioning.,Analysts predict LSEG's...

Tavistock Investments Advances Strategic Refocus with Active Expansion Plans
December 09, 2024 09:47 PM AEDT| By Team Kalkine MediaHighlights:,Tavistock Investments strengthens its position in the UK retail investment market through strategic refocusing.,Recent acquisition of Alpha Beta Partners adds nearly £3 billion in assets under management.,Interim dividend increased by 29%...

NatWest Group (LON:NWG) Reaches New 52-Week High, Marking a Key Milestone
December 09, 2024 11:00 AM AEDT| By Team Kalkine MediaHighlights,New 52-week high,NatWest Group’s share price reaches GBX 419, its highest in the past year.,Analysts weigh in,Several analysts reaffirm positive outlooks on the stock.,Insider activity,Notable insider transactions highlight confidence in t...

Smithson Investment Trust (LON:SSON) Achieves New 12-Month High
December 09, 2024 11:00 AM AEDT| By Team Kalkine MediaHighlights,Smithson Investment Trust (SSON) reached a new 12-month high in trading on Monday.,The stock saw significant trading volume, with over 230,000 shares exchanged.,The fund continues to draw attention with strong performance in the market.,Sh...

Helios Underwriting (LON:HUW) Earnings Growth and Insider Confidence
December 09, 2024 11:00 AM AEDT| By Team Kalkine MediaHighlights,Strong EPS growth,Helios Underwriting reported significant earnings per share (EPS) growth over the past year.,Improved margins,Revenue growth and enhanced EBIT margins reflect operational efficiency.,Insider alignment,Insiders hold a subs...

Just Group (LON:JUST) Reaches New 52-Week High Amid Strong Market Performance
December 09, 2024 11:00 AM AEDT| By Team Kalkine MediaHighlights,Just Group (JUST) hits a new 52-week high in Monday’s trading session.,Analysts have adjusted their outlook with new price targets for Just Group.,Strong financial ratios and insider confidence accompany the stock’s rise.,Just Group's Stoc...

Barclays PLC (LON:BARC) Achieves 12-Month High Amid Market Activity
December 06, 2024 10:49 PM AEDT| By Team Kalkine MediaHighlights,Barclays shares reached a new 52-week high of GBX 269.60 during Friday's trading session.,Over 154 million shares exchanged hands, reflecting increased market interest.,Barclays continues to be actively followed by analysts, with multiple...

TruFin plc (LON:TRU) Insider Purchases Stock Amidst Positive Market Activity
December 06, 2024 10:41 PM AEDT| By Team Kalkine MediaHighlights,TruFin (TRU) insider Paul Dentskevich acquires 41,000 shares.,Stock price remains stable near GBX 80 following the insider transaction.,Company continues to maintain a solid market presence with niche services in lending and publishing.,Tr...

Greencoat UK Wind (LON:UKW) Shares See Modest Increase of 0.2%
December 06, 2024 10:37 PM AEDT| By Team Kalkine MediaHighlights,Greencoat UK Wind's stock rose 0.2% on Thursday.,Trading volume was 7% lower than the average session.,Company recently announced a dividend with a yield of 1.86%.,Greencoat UK Wind PLC (LON:UKW), a leading player in the renewable energy s...

Schroders (LON:SDR) Stock Performance Shows Modest Uptick
December 06, 2024 10:36 PM AEDT| By Team Kalkine MediaHighlights,Schroders (LON:SDR) saw a 0.4% increase in stock price on Thursday.,Trading volume surged by 59% from the average daily volume.,Insider Peter Harrison made a small purchase of company shares.,Schroders plc (LON:SDR), a leading global inves...

CQS New City High Yield (LON:NCYF) Stock Experiences Minor Dip of 0.4%
December 06, 2024 10:31 PM AEDT| By Team Kalkine MediaHighlights,CQS New City High Yield (NCYF) sees a 0.4% decrease in stock price.,Trading volume surged 27% above average.,Company’s dividend payout ratio remains high despite a dividend cut.,CQS New City High Yield Fund Limited (LON:NCYF), a closed-end...

Plus500 Ltd. (LON:PLUS) Sees 0.8% Increase in Stock Price
December 06, 2024 10:29 PM AEDT| By Team Kalkine MediaHighlights,Plus500 Ltd. (PLUS) shares rose by 0.8% during Thursday’s trading session.,Trading volume decreased by 68%, signaling lower market activity.,The stock's performance remains strong with a price increase despite reduced trading volume.,Plus5...

Mercia Asset Management Strengthens Commitment to Netacea with £4 Million Follow-On Investment
December 06, 2024 10:06 PM AEDT| By Team Kalkine MediaHighlights,Mercia Asset Management commits £4 million to Netacea Group Limited in two tranches, boosting its stake to 33.60%.,The funding will drive product expansion and global growth for Netacea’s AI-driven bot attack defense solutions.,Mercia rein...

Distribution Finance Capital Reports Strong Financial Performance with Fourfold Profit Growth
December 06, 2024 10:06 PM AEDT| By Team Kalkine MediaHighlights,Distribution Finance Capital’s profits for 2024 expected to significantly exceed market forecasts.,Loan book projected to close between £650-700 million, with pre-tax profits forecast at £18.7 million.,Plans for consumer lending and asset...

Oakley Capital Investments (LON:OCI) Sees Stock Dip Amid High Trading Volume
December 06, 2024 09:38 PM AEDT| By Team Kalkine MediaHighlights,Stock Performance,Oakley Capital Investments (OCI) recorded a 0.6% dip, closing at GBX 476.,Trading Volume Spike,Trading activity surged by 121%, with over 633,000 shares traded.,Dividend History,Recently issued a dividend, reflecting stea...
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