17 June

Sticky

Dr. Martens kicks off listed status with 22% earnings rise By Reuters

Posted by admin

in News

LONDON (Reuters) -Dr. Martens, the classic British boot brand that listed its shares in January, on Thursday reported a 22% rise in annual core earnings with online sales helping to soften the hit from COVID-19-related store closures. The group, known for its chunky boots with yellow stitching, made earnings before interest, tax, depreciation and amortisation (EBITDA) of 224.2 million pounds ($313.6 million) in the year to March 31, on revenue up 15% to 773 million pounds - in line with guidance set out at the time of its initial public offering (IPO) of growth of 14-15%....

17 June

0 Comments

Sticky

Analysis – As Fed taper inches closer, investors prepare for volatility ahead By Reuters

Posted by admin

in News

NEW YORK (Reuters) - As the Federal Reserve takes initial steps toward removing its massively accommodative policy, investors are preparing for the main show ahead. Fed officials on Wednesday penciled in two potential rate hikes in 2023, sooner than policymakers had previously projected, and Chair Jerome Powell edged closer to unveiling plans to taper the Fed's $120 billion a month of bond purchases. Powell went so far as to describe the two-day gathering as the "talking-about talking-about meeting," a glib reference to his protestations earlier this year that he and his colleagues were not even "talking...

17 June

0 Comments

Sticky

Fed Officials Rattle Rate-Hike Saber as Price Pressures Surprise By Bloomberg

Posted by admin

in News

(Bloomberg) -- Federal Reserve officials have said for months that price increases are temporary. On Wednesday, they weren’t so sure. “Is there a risk that inflation will be higher than we think? Yes,” Chair Jerome Powell told a press conference. He spoke after financial markets were taken by surprise when policy makers signaled they expect to make not one, but two, hikes to interest rates in 2023 from near zero now. The Fed has been in a tug-and-pull with investors and critics over whether recent spikes in prices as the economy reopens from the pandemic will...

17 June

0 Comments

Sticky

Enphase Energy Rises on Future Potential By Investing.com

Posted by admin

in News

By Christiana Sciaudone Investing.com -- Enphase Energy (NASDAQ:ENPH) rose more than 5%. Simply Wall Street said the company is "still trading at a fairly cheap price" based on valuation. Enphase Energy's earnings over the next few years are expected to double, indicating a very optimistic future ahead, the website contends. Shares are down more than 30% from a record earlier this year. The solar power tech company has seen solid growth over the past four quarters, and that's expected to continue for the period ending in June, according to data compiled by Investing.com. The stock has...

17 June

0 Comments

Sticky

Britain’s Treasury gets 1 billion stg windfall from repaid furlough cash – FT By Reuters

Posted by admin

in News

(Reuters) - British companies have returned more than 1 billion pounds ($1.40 billion) of furlough cash as investors press managements to repay taxpayer funds taken during the COVID-19 pandemic before paying big bonuses, the Financial Times said on Thursday. Companies have repaid 709 million pounds to HM Revenue & Customs that had been claimed under the government's coronavirus job retention scheme, the newspaper said, with a further 319 million returned as over claimed funds taken in error. The paper https://on.ft.com/3pZKW7g cited data obtained through a freedom of information (FOI) request. The amount is still far...

17 June

0 Comments

Sticky

Dollar hits two-month highs on Fed’s hawkish surprise; kiwi climbs after GDP By Reuters

Posted by admin

in News

By Kevin Buckland TOKYO (Reuters) - The dollar rose to its highest level in almost two months versus major peers on Thursday after the Federal Reserve brought forward its projections for the first post-pandemic interest rate hikes into 2023, citing an improved health situation and dropping a long-standing reference that the crisis was weighing on the economy. The dollar index, which tracks the currency against six rivals, ticked up to 91.459 in Asia, building on its nearly 1% surge overnight, the biggest gain since March of last year. Only New Zealand's kiwi made any meaningful headway...

17 June

0 Comments

Sticky

Bonds stung, dollar cheered by sudden hawkish turn at Fed By Reuters

Posted by admin

in News

By Wayne Cole SYDNEY (Reuters) - Asian equities fell to a three-week low on Thursday after the U.S. Federal Reserve stunned investors by signalling it might raise interest rates at a much faster pace than assumed, sending bond yields and the dollar sharply higher. The dollar boasted its strongest single day gain in 15 months as 10-year U.S. Treasury yields jumped by the most since early March. The fallout in equities was softer, but enough to push MSCI's broadest index of Asia-Pacific shares outside Japan down about 0.6% to its lowest since late May. ...

17 June

0 Comments

Sticky

Harry Potter, ‘Friends’ may fall victim to Hungary’s anti-LGBT law – broadcaster By Reuters

Posted by admin

in News

By Marton Dunai BUDAPEST (Reuters) - The largest broadcasters in Hungary criticised a new law banning the "display and promotion of homosexuality" among under-18s as a threat to freedom of expression, and one said it could impact showings of some Harry Potter films and classic TV shows. Prime Minister Viktor Orban's nationalist government pushed the law through parliament on Tuesday despite criticism from rights groups and the European Union, which said it could result in a loss of development funds for Hungary. Orban and his ruling Fidesz party, which faces a tight election race next...

17 June

0 Comments

Sticky

Exclusive – China’s IPO-bound Didi probed for antitrust violations – sources By Reuters

Posted by admin

in News

By Julie Zhu and Pei Li HONG KONG (Reuters) - China's market regulator has begun an antitrust probe into Didi Chuxing, three people with knowledge of the matter said, just as the ride-hailing giant is pushing ahead with what could be the largest initial public offering in the United States this year. The probe, reported here for the first time, is the latest in a sweeping crackdown on China's so-called "platform" companies, including Alibaba (NYSE:BABA) Group Holding Ltd and Tencent Holdings Ltd. (HK:0700) China's market regulator, the State Administration for Market Regulation (SAMR), is...

17 June

0 Comments

Sticky

HK national security police arrest Apple Daily executives, seize reporting materials By Reuters

Posted by admin

in News

By Sharon Tam HONG KONG (Reuters) -Hong Kong police arrested five executives of the pro-democracy Apple (NASDAQ:AAPL) Daily newspaper on Thursday with a warrant to seize journalistic materials for the first time, in the latest blow to Jimmy Lai, the tabloid's owner and a staunch Beijing critic. The warrant, which police said was aimed at gathering evidence for a case involving the national security law that Beijing imposed last year, raises further concerns about media freedoms in the Chinese-ruled city. "This is a blatant attack on the editorial side of Apple Daily. They are arresting editors,"...

Меню

News

Dr. Martens kicks off listed status with 22% earnings rise By Reuters

Analysis – As Fed taper inches closer, investors prepare for volatility ahead By Reuters

Fed Officials Rattle Rate-Hike Saber as Price Pressures Surprise By Bloomberg

Enphase Energy Rises on Future Potential By Investing.com

Britain’s Treasury gets 1 billion stg windfall from repaid furlough cash – FT By Reuters

Dollar hits two-month highs on Fed’s hawkish surprise; kiwi climbs after GDP By Reuters

Bonds stung, dollar cheered by sudden hawkish turn at Fed By Reuters

Harry Potter, ‘Friends’ may fall victim to Hungary’s anti-LGBT law – broadcaster By Reuters

Exclusive – China’s IPO-bound Didi probed for antitrust violations – sources By Reuters

HK national security police arrest Apple Daily executives, seize reporting materials By Reuters

FINSPECTION MANAGEMENT LTD

FINSPECTION PLC LTD

FINACOM MANAGEMENT NV