News

Medibank Private Reports Strong Financial Results

Medibank Private reports a significant increase in half-year net profit, revenue, and policyholders, while outlining strategic outlook and dividend declaration.

Lucid Group Inc. Shares Fall

Lucid Group Inc. stock falls after Q4 results show revenue below analyst expectations, production guidance disappoints.

DigitalBridge Stock Drops Amid Fund-Raising

DigitalBridge's stock falls after disappointing fund-raising results, but analysts foresee strong growth prospects and market response to restructuring efforts.

Select Water Solutions Forecasts Strong Growth

Select Water Solutions stock rose after announcing a 30-40% revenue growth forecast for 2024 in its water infrastructure segment. CEO confident in company's gro...

Microsoft's CDR Purchase Deal in Kenya

Microsoft agrees to purchase 350,000 carbon dioxide removal credits from a Kenyan agroforestry project as part of its carbon-neutral goals, supporting biodivers...

Luxury Transformation of BT Tower

BT Tower in London to be transformed into a luxury hotel by MCR Hotels, preserving its iconic status and historical significance. The sale ensures the building'...

Angling Direct Fiscal 2024 Performance

Angling Direct anticipates growth in fiscal 2024 despite challenges, with online sales surge and positive financial outlook.

CVC Capital Partners Asia Fund

CVC Capital Partners raises $6.8 billion for its sixth Asia fund, highlighting strong demand and success in consumer and service sector investments across the r...

Tesla Stock Declines Amid Market Uncertainty

Tesla stock drops amid market pressure and competition, impacted by Ford's pricing adjustment and industry-wide challenges. Other EV companies also experience d...

Analyst Downgrade Hits Caterpillar Stock

Caterpillar stock faces downward pressure following an analyst downgrade, while Deere gains favor. Analysts eye cyclical challenges ahead.