Snap Inc. has never been an investor-friendly company — as long as those investors weren’t its founders, at least — and the parent company of the Snapchat app made that Read more
Tag: Share Capital
Nordea profit beats forecasts, launches $1.51 billion buyback
Nordea Bank Abp on Monday posted a forecast-beating second-quarter net profit as growing lending volumes drove net interest income higher, and said it has decided to launch a new share Read more
Nordea profit beats forecasts, launches $1.51 billion buyback
Nordea Bank Abp on Monday posted a forecast-beating second-quarter net profit as growing lending volumes drove net interest income higher, and said it has decided to launch a new share Read more
Earnings expectations for 2023 likely to be revised lower, Goldman warns
The second-quarter earnings season started in earnest on Thursday with disappointing reports from JPMorgan Chase & Co. and Morgan Stanley. On top of missing profit expectations, JPM also announced a Read more
JPMorgan shares slide after earnings miss estimates and bank pauses share buybacks
JPMorgan Chase & Co. shares fell Thursday after the bank missed profit targets and temporarily suspended its stock buybacks to build up its balance sheet for an expected economic downturn, Read more
Bill Ackman shutting SPAC, will return $4 billion to shareholders
Special purpose acquisition company Pershing Square Tontine Holdings Ltd. PSTH, -0.05% said Monday it will cease all operations except for winding up its business after July 26. Bill Ackman, the Read more
What big Wall Street banks say about where the S&P 500 will end 2022
The stock market has steadied at midyear, but after a historically ugly six months that saw the S&P 500 enter bear territory, big Wall Street banks offer diverging views on Read more
Sundial Growers to seek shareholder approval for share consolidation
Sundial Growers Inc. SNDL, +3.43% said it planned to seek shareholder approval for a share consolidation at an upcoming annual and special meeting of shareholders on July 21. The cannabis Read more
GameStop terminates CFO, reportedly plans layoffs; stock falls
GameStop Corp. shares fell in after-hours trading Thursday, after the company revealed that its chief financial officer had been terminated amid reports of layoffs. GameStop GME, +15.06% stock declined more Read more
GameStop terminates CFO, reportedly plans layoffs; stock falls
GameStop Corp. shares fell in after-hours trading Thursday, after the company revealed that its chief financial officer had been terminated amid reports of layoffs. GameStop GME stock declined more than Read more