16 June

Sticky

Dish Network Gains On Pivotal Upgrade By Investing.com

Posted by admin

in News

By Dhirendra Tripathi Investing.com -- Shares of DISH Network (NASDAQ:DISH) were up 2% in Wednesday’s premarket following Pivotal Research’s confidence-boosting 20% higher target for the stock. Pivotal analyst Jeffrey Wlodarczak upgraded the stock to buy from hold. He sees the stock at $60, up from his $50 target earlier and 49.4% higher from its closing level on Tuesday. The stock price could get a little bump from any merger with AT&T’s DirecTV too, Wlodarczak believes. According to Wlodarczak, Dish's risk/reward is "simply too great” and the new target price is "arguably conservative”....

16 June

0 Comments

Sticky

Beyond Meme Stocks, Excess Has Ebbed Since Powell Said ‘Frothy’ By Bloomberg

Posted by admin

in News

(Bloomberg) -- When the Federal Reserve last met at the end of April, Chairman Jerome Powell acknowledged that markets “are a bit frothy.” Now, some of that excess appears to exiting -- particularly if you discount the daily gyrations in meme stocks. Yes, share prices keep setting new records, but they’re also looking less expensive on the way up as companies largely crush profit forecasts. The price-to-earnings ratio for the megacap FAANG tech shares like Facebook (NASDAQ:FB) and Apple (NASDAQ:AAPL), which make up roughly a quarter of the S&P 500, sits just below 47, which is...

16 June

0 Comments

Sticky

UK’s Gateley says cyberattack affects small portion of its data By Reuters

Posted by admin

in News

(Reuters) -Legal and professional services group Gateley reported a cyber security breach from a known external source on Wednesday, adding it was confident that the incident was limited to a small portion of its data. Shares of the London-listed company fell 7.8% to 184.9 pence by 1244 GMT. The British company said the impacted 0.2% of its data was traced and deleted from the location to which it had been downloaded and there was no evidence at the moment to suggest the data had been further disseminated. Gateley does not expect any impact on its...

16 June

0 Comments

Sticky

U.S. Futures Mixed; Fed Meeting, Oracle Eyed By Investing.com

Posted by admin

in News

By Peter Nurse Investing.com - U.S. stocks are seen opening mixed Wednesday, in tight trading ranges ahead of the conclusion of the latest two-day Federal Reserve policy-setting meeting. At 7:05 AM ET (1205 GMT), the Dow futures contract was down 40 points, or 0.1%, S&P 500 futures traded 2 points, less than 0.1%, lower, while Nasdaq 100 futures climbed 15 points, or 0.1%. Wall Street pulled back from record levels during Tuesday’s trading session, with the broad-based S&P 500 closing 0.2% lower after hitting an all-time high earlier in the day. The blue-chip Dow Jones Industrial...

16 June

0 Comments

Sticky

SoFi Technologies Gains On Bullish Call by Rosenblatt By Investing.com

Posted by admin

in News

By Dhirendra Tripathi Investing.com – SoFi Technologies (NASDAQ:SOFI) rose more than 2% in Wednesday’s premarket trading after getting a $30 target from Rosenblatt, an increase of 44% from the stock’s previous closing price. According to analyst Sean Horgan, challengers like Sofi possess a powerful cost advantage over legacy banks and will be ones driving "dramatic disintermediation" over 5-10 years. This would leave substantial primary bank accounts, revenues and market value up for grabs and SoFi is well positioned to capture a significant amount of the value hanging in the balance, Horgan wrote in his note. SoFi,...

16 June

0 Comments

Sticky

UK regulator accepts new Asda owners offer to sell petrol stations for deal clearance By Reuters

Posted by admin

in News

LONDON (Reuters) -Britain's competition regulator has accepted an offer from the new owners of the Asda supermarket chain to sell 27 petrol stations to satisfy concerns the takeover could lead to higher fuel prices and will not refer the deal for an in-depth probe. Zuber and Mohsin Issa and private equity group TDR Capital completed their purchase of a majority stake in Asda from United States giant Walmart (NYSE:WMT) in February in a deal valuing the chain at 6.8 billion pounds ($9.6 billion). In a separate deal in February, EG Group, which is also owned by...

16 June

0 Comments

Sticky

China says no leak at nuclear plant, no change to detection standards By Reuters

Posted by admin

in News

By Min Zhang and David Stanway BEIJING (Reuters) - China said on Wednesday that there had been no leak at the Taishan nuclear power station and it had not raised the allowed radiation levels near the plant, responding to a CNN report earlier this week. CNN reported on Monday that Framatome, the French company that designed the reactors, had said that China's nuclear safety regulator had raised limits on permissible levels of radiation outside the plant in the southeastern province of Guangdong to avoid having to shut it down. China's Ministry of Ecology and Environment, which...

16 June

0 Comments

Sticky

ECB to extend pandemic relief for banks by nine months: Bloomberg By Reuters

Posted by admin

in News

FRANKFURT (Reuters) - The European Central bank is set to extend relief from a key capital requirement by nine months to keep credit flowing amid the coronavirus pandemic, Bloomberg reported on Wednesday, citing people familiar with the matter. The decision has yet to be ratified by the ECB's Governing Council, the agency added. If the move is confirmed, banks supervised by the ECB will continue to be allowed to exclude some of their exposure to central banks, including deposits, from the calculation of their leverage ratio until March 2022. An ECB spokesperson declined to comment....

16 June

0 Comments

Sticky

Hipgnosis seeks $211 million for more songs after lockdown listening boom By Reuters

Posted by admin

in News

By Indranil Sarkar (Reuters) -Hipgnosis Songs Fund, owner of the rights to artists including Neil Young and Shakira, is selling shares worth 150 million pounds ($211 million) to buy more songs, it said on Wednesday, as it increases its bet on a pandemic-driven boom in streaming. The London-listed fund earns royalties every time a song it owns is streamed, and has benefited as people have tuned in to classics and newer hits while stuck at home during lockdowns. The planned share sale follows a similar 75-million-pound share offering by Hipgnosis in February, as well as a...

16 June

0 Comments

Sticky

N Brown shares tumble as scope of claim increases By Investing.com

Posted by admin

in News

By Samuel Indyk Investing.com – Shares in retailer N Brown were trading lower on Wednesday after the company announced Allianz Insurance plans to expand the scope of its case against the company’s JD Williams subsidiary. Background N Brown (LON:BWNG) is currently involved in a claim and counterclaim with Allianz (DE:ALVG) Insurance regarding the sale of historic insurance products between 1985 and 2015. The proceedings are currently at an early stage, with each party having only recently completed a disclosure exercise. The AIM-listed retailer has said it is not possible to reliably estimate the amount of any...

Меню

News

Dish Network Gains On Pivotal Upgrade By Investing.com

Beyond Meme Stocks, Excess Has Ebbed Since Powell Said ‘Frothy’ By Bloomberg

UK’s Gateley says cyberattack affects small portion of its data By Reuters

U.S. Futures Mixed; Fed Meeting, Oracle Eyed By Investing.com

SoFi Technologies Gains On Bullish Call by Rosenblatt By Investing.com

UK regulator accepts new Asda owners offer to sell petrol stations for deal clearance By Reuters

China says no leak at nuclear plant, no change to detection standards By Reuters

ECB to extend pandemic relief for banks by nine months: Bloomberg By Reuters

Hipgnosis seeks $211 million for more songs after lockdown listening boom By Reuters

N Brown shares tumble as scope of claim increases By Investing.com

FINSPECTION MANAGEMENT LTD

FINSPECTION PLC LTD

FINACOM MANAGEMENT NV