News

U.S. Futures Flat, European Stocks Mostly Up
In Europe, the Stoxx Europe 600 climbed 0.3% in morning trading. CD Projekt rose 9.9% and STMicroelectronics added 4.7%. On the other hand, Redcare Pharmacy dropped 9.1%, and Powsz Kasa Oszcz Bk Polsk ...
4Global Shares Plunge on AIM Delisting Proposal
Shares in 4Global plummeted after the company said it would propose a delisting of its shares on London's AIM as its attempts to raise additional equity capital haven't realized. Shares in early trade ...
Glanbia Launches Up to $57 Million Share Buyback
Glanbia said it will begin an up to 50 million euro ($56.9 million) share buyback as of Wednesday. The nutrition company said it would be buying back ordinary shares through to Dec. 31. The shares to ...
South Korean Stocks Rally as New President Pledges Economic Revival
Investors cheered the June 3 election victory of Lee Jae-myung, who vowed to deliver on his campaign promise to revive the sagging economy during his inaugural speech Wednesday at the National ...
Tullow Oil, Partners Sign Agreement With Ghana to Extend Two Licenses
Tullow Oil and its partners at two Ghanian oil fields signed an agreement with the government of Ghana to extend production licenses through to 2040.
Empresaria Group Agrees to Extension for Consortium Takeover Offer
Empresaria Group said it agreed to an extension to the bid deadline for the Peter Gregory, Nigel Marsh and Ashok Vithlani consortium so they have time to improve their proposal.
Volvo Car Sales Fell 12% in May
STOCKHOLM--Volvo Car said global sales fell 12% on year in May. The Swedish automaker, which is majority-owned by China's Zhejiang Geely Holding Group, sold 59,822 cars in May, down from 68,034 in the ...
Frasers Group Raises Stake in Marks Electrical Group Further
Marks Electrical Group said Mike Ashley's Frasers Group increased its shareholding in the company to 11.25% from 10.47%. The London-listed online electrical retailer said Wednesday that Frasers now ...
Swedbank Targets Return on Equity of at Least 15%
Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing ...
Johnson Service to Switch Listing to London's Main Market
Johnson Service Group said it plans to switch its listing to London's main market following talks with its largest shareholder, and after trading 17 years on the junior market.
CAB Payments Holdings Gets License to Open U.S. Representative Office
CAB Payments Holdings said that its U.S. subsidiary has been granted a license to operate a representative office in New York.