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Link Administration Holdings Shares Plunge to Record Lows: Factors Contributing to the Decline
author-avatar Alice Scott
News, Stocks
June 30, 2023
30 Jun 2023

Link Administration Holdings Shares Plunge to Record Lows: Factors Contributing to the Decline

The shares of Link Administration Holdings Ltd (ASX:LNK) experienced a steep decline, reaching an all-time low on the Australian Securities Exchange. This development has left investors concerned about the future prospects of the company. This articl...
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author-avatar Alice Scott
Stocks
June 29, 2023
29 Jun 2023

S&P/ASX 200 Session Witnesses Strong Performances: Pointsbet Holdings, Domain Holdings, and Mesoblast Lead the Way

S&P/ASX 200 Session Witnesses Strong Performances The latest session of the S&P/ASX 200 brought forth notable performances, with several companies standing out for their impressive gains. Among the leading performers were Pointsbet Holdings ...
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Renault Shares Surge 4.2% as Carmaker Raises Full-Year Outlook Amidst Strong Launch Performance
author-avatar Alice Scott
Stocks
June 29, 2023
29 Jun 2023

Renault Shares Surge 4.2% as Carmaker Raises Full-Year Outlook Amidst Strong Launch Performance

Renault Raises Full-Year Financial Outlook Renault (EPA:RENA), the renowned French car manufacturer, experienced a notable 4.2% surge in its stock price following the company's announcement of an upward revision of its full-year financial outlook. T...
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H&M Surpasses Expectations, Achieving One-Year High with 7.3% Share Surge
author-avatar Alice Scott
Stocks
June 29, 2023
29 Jun 2023

H&M Surpasses Expectations, Achieving One-Year High with 7.3% Share Surge

H&M's Shares Soar to Over One-Year High on Impressive Quarterly Results H&M, the renowned fashion retailer, has witnessed a remarkable 7.3% surge in its shares, reaching an over one-year high. This significant increase came on the heels of t...
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Commerzbank Rates Accenture as 'Strong Buy' with $380 Price Target, Indicating Potential 25% Return
author-avatar Alice Scott
Stocks
June 29, 2023
29 Jun 2023

Commerzbank Rates Accenture as ‘Strong Buy’ with $380 Price Target, Indicating Potential 25% Return

Commerzbank Advises Strong Buy Rating for Accenture Shares Commerzbank, a leading financial institution, has recently published a research report recommending investors to consider buying shares of Accenture (NYSE:ACN), the renowned international co...
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Kellogg Shares Surge on Goldman Sachs' Upgrade and Raised Price Target, Citing Growth Potential
author-avatar Alice Scott
Stocks
June 27, 2023
27 Jun 2023

Kellogg Shares Surge on Goldman Sachs’ Upgrade and Raised Price Target, Citing Growth Potential

Kellogg (NYSE:K) shares soared in premarket trading today after leading investment bank Goldman Sachs upgraded the company's rating from Neutral to Buy. Additionally, Goldman Sachs raised its price target for Kellogg shares to $83.00, emphasizing tha...
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Starbucks Faces Worker Strikes as Unions Protest Ban on Pride Decorations
author-avatar Alice Scott
News, Stocks
June 24, 2023
25 Jun 2023

Starbucks Faces Worker Strikes as Unions Protest Ban on Pride Decorations

Starbucks Corp (NASDAQ:SBUX) witnessed a 2.5% decline in its stock value following an announcement by its unions that approximately 3,500 U.S. workers are planning to strike in the upcoming week. The strike is a response to Starbucks' controversial d...
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Goldman Sachs Faces Potential Writedown for GreenSky Acquisition Amid Divestment Plans
author-avatar Alice Scott
News, Stocks
June 24, 2023
24 Jun 2023

Goldman Sachs Faces Potential Writedown for GreenSky Acquisition Amid Divestment Plans

Introduction Goldman Sachs (NYSE:GS) is facing the likelihood of a significant writedown for its $2.2 billion acquisition of fintech lender GreenSky. According to sources familiar with the sale process, the investment bank is actively seeking to div...
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IBM Nears $5 Billion Acquisition of Apptio, a Leading Software Company
author-avatar Alice Scott
News, Stocks
June 24, 2023
24 Jun 2023

IBM Nears $5 Billion Acquisition of Apptio, a Leading Software Company

Introduction IBM is on the brink of finalizing a major acquisition deal to purchase Apptio, a renowned software company, according to sources cited by the Wall Street Journal. This article provides an overview of the reported acquisition, highlighti...
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author-avatar Alice Scott
News, Stocks
June 21, 2023
21 Jun 2023

SoftBank Aims to Capitalize on AI Boom, Plans Offensive Strategy

SoftBank Group, the Japanese technology conglomerate, has set its sights on capitalizing on the booming field of artificial intelligence (AI). Founder Masayoshi Son recently announced the company's plan to shift from a "defense mode" to an "offense m...
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Alibaba Announces Executive Reshuffle: Eddie Yongming Wu to Succeed Daniel Zhang as CEO
author-avatar Alice Scott
News, Stocks
June 20, 2023
20 Jun 2023

Alibaba Announces Executive Reshuffle: Eddie Yongming Wu to Succeed Daniel Zhang as CEO

Introduction Alibaba Group Holding, one of the world's largeste-commerce companies, lately blazoned a major superintendent reshuffle. Eddie Yongming Wu will assume the part of CEO, succeeding Daniel Zhang. This restructuring comes as part of Alibaba...
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Blackstone's Infrastructure Unit to Acquire 19.9% Stake in NiSource's NIPSCO for $2.15 Billion
author-avatar Alice Scott
News, Stocks
June 20, 2023
20 Jun 2023

Blackstone’s Infrastructure Unit to Acquire 19.9% Stake in NiSource’s NIPSCO for $2.15 Billion

Introduction: In a significant move within the energy sector, NiSource, a prominent utility firm, announced that Blackstone's infrastructure unit is set to acquire a 19.9% equity interest in its subsidiary NIPSCO. The deal, worth $2.15 billion, mark...
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