Financial

TP ICAP Announces Third Share Buyback Programme Following Successful Completion of Second Buyback
August 07, 2024 09:52 PM AEST| By Team Kalkine MediaTP ICAP Group plc,(LSE:TCAP) has revealed plans to initiate a third share buyback programme following the imminent conclusion of its second buyback initiative. This move underscores the Company’s commitment to capital management and shareholder value...

Sampo Group Reports 11% Growth in Revenue in H1 2024 Amid Strategic Expansion
August 07, 2024 09:48 PM AEST| By Team Kalkine MediaSampo Group,has released its financial results for the first half of 2024, showcasing significant top-line growth and robust investment returns, despite challenges in underwriting performance.,Strong Revenue Growth and Underwriting Results,In the fir...

Equals Group Receives Improved Non-Binding Proposal from Consortium
August 07, 2024 07:49 PM AEST| By Team Kalkine MediaEquals Group plc (LSE:EQLS) has announced an improved indicative non-binding proposal from a consortium consisting of Embedded Finance Limited (Railsr) and TowerBrook Capital Partners (U.K.) LLP (Towerbrook). The consortium has proposed an all-cash o...

London Stock Exchange Group Announces £0.41 Dividend during Modest Yiel
August 06, 2024 11:08 PM AEST| By Team Kalkine MediaLondon Stock Exchange Group plc, a major player of,Financial Sector,has declared a dividend of £0.41 per share, scheduled for payment on September 18th. This announcement represents a modest increase, resulting in a dividend yield of 1.2%, which is r...

Barclays Announces Dividend of £0.029 per Share
August 06, 2024 10:59 PM AEST| By Team Kalkine MediaBarclays has announced a dividend payment of £0.029 per share for its latest financial period. This dividend reflects the company’s ongoing strategy to return value to shareholders and provides an update on its financial performance and capital alloc...

Apax Global Alpha Reports Negative NAV Return Amid Portfolio Writedowns
August 06, 2024 09:59 PM AEST| By Team Kalkine MediaApax Global Alpha Ltd (LSE: APAX), a closed-ended investment company that offers access to private equity funds managed by Apax Partners LLP, reported a decline in net asset value (NAV) as of June 30, 2024. The adjusted and unadjusted NAV fell to €1....

Pantheon International Achieves Notable NAV Increase
August 06, 2024 09:45 PM AEST| By Team Kalkine MediaPantheon International PLC, a,financial sector stock,and FTSE 250 investment trust, reported a notable 6.1% increase in net asset value (NAV) per share and a 19.9% rise in the company's share price for the 12 months ending May 31. The company's inves...

Abrdn PLC Reports Upturn in Funds Under Management and Signs of Stabilization
August 06, 2024 09:27 PM AEST| By Team Kalkine MediaOn August 6, 2024, Abrdn PLC (LSE:ABDN) announced a notable increase in its assets under management and administration for the first half of 2024. The Edinburgh-based investment firm reported a 2.3% rise, bringing the total to £505.9 billion from £49...

Lloyds Banking Group Strengthens AI Leadership with New Director Appointment
August 06, 2024 05:12 PM AEST| By Team Kalkine MediaLloyds Banking Group (LSE: LLOY) has announced the appointment of Rohit Dhawan as the new Group Director of AI and Advanced Analytics. This strategic move highlights the bank's commitment to leveraging artificial intelligence and advanced analytics t...
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This Financial Stock Reported 40% Revenue Growth, Surpassing Estimates
August 05, 2024 10:42 PM AEST| By Team Kalkine MediaConduit Holdings (LON: CRE) has announced its financial results for the first half of 2024, showcasing performance that has exceeded market consensus. The company’s revenue for the period reached $356.5 million, marking a substantial 40% increase co...

Fidelity European Trust Increases Dividend Following Higher Net Asset Value
August 05, 2024 10:02 PM AEST| By Team Kalkine MediaFidelity European Trust PLC (LSE: FEV) announced an increase in its interim dividend by 10% to 3.60 pence per share, up from 3.26 pence the previous year. This announcement comes as the investment trust reported a notable rise in its net asset value...

Wood Group's Stock Plummets as Sidara Abandons Acquisition Plans
August 05, 2024 08:21 PM AEST| By Team Kalkine MediaShares in Wood Group (LON: WG) tumbled by 38% to 122.3p on Monday, after Sidara terminated its takeover discussions. The Dubai-based engineering and consulting firm cited “rising geopolitical risks and financial market uncertainty” as reasons for its...

Intertek Group's High P/E Ratio Highlights Recent Trends
August 05, 2024 07:05 PM AEST| By Team Kalkine MediaIntertek Group plc, a significant player in the,financial services sector,, is currently trading with a high price-to-earnings (P/E) ratio of 25.5x. This valuation is notably higher compared to the UK market average, where many companies have P/E rat...

Sure Ventures Raises £300,000 in Private Placing
August 05, 2024 07:00 PM AEST| By Team Kalkine MediaSure Ventures plc (LON:SURE) is pleased to announce that it has successfully raised gross proceeds of £300,000 through a private placing at 95p per share. This capital raise resulted in the issuance of 315,790 new ordinary shares, reflecting strong i...

What Lies Behind Primorus Investments’ Stock Surge Despite Weak Earnings?
August 05, 2024 06:42 PM AEST| By Team Kalkine MediaPrimorus Investments PLC (LON: PRIM) demonstrated an uptick in stock performance despite releasing a weak earnings report last week. Although the earnings figures may appear disappointing, a closer examination of the financial metrics reveals additio...

Did Metro Bank Holdings' H1 2024 Results Live Up to Expectations?
August 05, 2024 06:17 PM AEST| By Team Kalkine MediaMetro Bank Holdings (LSE: MTRO) has reported its financial results for the H1 2024, revealing a decline compared to H12023. The bank's revenue for H12024 fell to £229.9 million, a decrease of 16% from H12023. This decline in revenue has led to a subs...
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Deutsche Bank Downgrades Prudential PLC Despite Ongoing Global Pressures
August 05, 2024 09:00 AM AEST| By Team Kalkine MediaA Prominent Player of,Financial Services Sector,Prudential PLC is facing increased scrutiny and a downgrade from Deutsche Bank, reflecting broader global pressures on the company’s stock performance.,Reasons Behind the Downgrade,Deutsche Bank's down...

NatWest Shares Surge in July; Outlook Remains Uncertain
August 05, 2024 09:00 AM AEST| By Team Kalkine MediaShares in NatWest Group plc an,Financial service sector stock,has experienced a significant rise in July, with the stock climbing 16.9% over the month. This increase contrasts sharply with the broader FTSE 100, which rose by just 2.5% during the same...

Scottish Mortgage Faces Impact of US Tech Sector Decline
August 05, 2024 09:00 AM AEST| By Team Kalkine MediaScottish Mortgage Investment Co PLC an,Financial service sector stock,has encountered a significant downturn in its share price following a notably negative trading session last Friday. The FTSE 100-listed investment trust, which focuses heavily on t...

London Stock Exchange Group Reports Half-Yearly Results
August 05, 2024 09:00 AM AEST| By Team Kalkine MediaShares of London Stock Exchange Group plc an,financial sector stock,experienced a 2.9% increase, closing at £97.40, following the release of its half-yearly results. The company reported revenues of £4.4 billion and statutory earnings per share (EPS)...
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