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WPP Sees Profit Drop

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  • Post last modified:February 22, 2024

WPP, a London-based advertising group, recently reported a decline in pretax profit for 2023 due to a large impairment. However, the company highlighted the rapid growth of its AI-powered platform,…

Lloyds Banking Group Share Buyback Program

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  • Post last modified:February 22, 2024

Lloyds Banking Group has announced a 2.0 billion pound ($2.53 billion) share buyback program following better-than-expected profit results for the fourth quarter of 2023, despite facing challenges such as lower…

Hikma Pharmaceuticals 2023 Performance

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  • Post last modified:February 22, 2024

Hikma Pharmaceuticals recently announced a strong performance in 2023, showcasing an increase in net profit along with double-digit revenue growth across all business segments. The London-listed multinational pharmaceutical group remains…

UOB Reports Strong Q4 Performance

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  • Post last modified:February 21, 2024

In the fourth quarter, United Overseas Bank (UOB) saw a significant rise in net profit thanks to increased non-interest income and fee-related revenues. Financial Highlights Net profit for the quarter…

Synopsys Quarterly Success

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  • Post last modified:February 21, 2024

Synopsys has shown promising growth as their shares climb following the release of their latest quarterly report. The provider of semiconductor design software tools exceeded expectations with impressive profits and…

BuzzFeed Inc. Sells Complex Site

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  • Post last modified:February 21, 2024

BuzzFeed Inc. Shares Soar After Selling Complex Site Shares of BuzzFeed Inc. (BZFD, -8.50%) surged over 90% in after-hours trading on Wednesday following the announcement that the media company had…

IA Financial’s Fourth-Quarter Earnings Disappoint

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  • Post last modified:February 21, 2024

Shares of IA Financial took a hit on Wednesday as the company's fourth-quarter underlying earnings failed to meet expectations. Despite reporting a rise in net income to 256 million Canadian…

Sibanye-Stillwater 2019 Loss

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  • Post last modified:February 21, 2024

Sibanye-Stillwater announced their anticipated financial results for the year ended December 31st, revealing a significant swing to a loss compared to the previous year. This shift was primarily attributed to…

FuboTV Lawsuit Against Media Giants

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  • Post last modified:February 20, 2024

FuboTV has filed a lawsuit in a New York federal court against media giants Walt Disney, Fox, and Warner Bros. Discovery. The lawsuit alleges that these companies have been obstructing…

Alabama Supreme Court Ruling on Frozen Embryos

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  • Post last modified:February 20, 2024

The Alabama state supreme court recently made a significant ruling regarding frozen embryos created during fertility treatments. This decision, which came as a result of wrongful death cases brought forward…

Allianz Q4 2023 Earnings Preview

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  • Post last modified:February 20, 2024

Net Profit Forecast Europe's largest insurer, Allianz, is expected to report a net profit of 2.17 billion euros ($2.34 billion) for the fourth quarter of 2023. This is an increase…

BHP Group’s Market Insights

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  • Post last modified:February 19, 2024

Copper Market Insights The world's biggest miner, BHP Group, expects a continued growth in end-user demand in China, albeit at a slower pace compared to previous years. The company anticipates…