Check out the Companies Making Headlines in Midday Trading Here are the latest updates on the companies that are making waves in midday trading: SoFi Technologies Shares of SoFi Technologies have been see-sawing as traders analyze the company’s latest quarterly results. SoFi reported a massive revenue beat for the third quarter and raised its outlook …
A view of the Canary Wharf financial district of London. Prisma by Dukas | Universal Images Group | Getty Images LONDON — Barclays shares retreated on Tuesday as investors assessed the prospect of cost-cutting charges, pressure on domestic interest margins, and weak performance in formerly strong divisions. The bank reported a net profit of £1.27 …
The Sphere is seen during its opening night with the U2:UV Achtung Baby Live concert at the Venetian Resort in Las Vegas on Sept. 29, 2023. Tayfun Coskun | Anadolu Agency | Getty Images Check out the companies making headlines in midday trading. Sphere Entertainment — Shares of the media and entertainment company have surged …
A customer uses an ATM at a Wells Fargo Bank in San Bruno, California, on April 14, 2023. Justin Sullivan | Getty Images Check out the companies making headlines in midday trading. Cintas — Shares fell 5.3% after the company reported its 2024 fiscal first-quarter earnings. The corporate apparel company posted $3.70 in earnings per …
The all-electric 4-door Convertible GT Fisker Ronin is revealed during its inaugural “Product Vision Day” in Huntington Beach, California, on August 3, 2023. Frederic J. Brown | AFP | Getty Images Discover the companies capturing attention prior to market opening. Fisker — Shares of the vehicle development firm jumped 4.1% in pre-market trading after Bank …
The U.K. has been criticized by some in the industry for creating obstacles for its fintech entrepreneurs, leading them to consider listings overseas. However, in an effort to enhance Britain’s reputation as a fintech investment hub, the country has established an investment vehicle dedicated to supporting growth-stage fintech companies until they are ready to go …
Andrew Bailey, Governor of the Bank of England, attends the Bank of England Monetary Policy Report Press Conference, at the Bank of England, London, Britain, February 2, 2023. Pool | Reuters LONDON — The market is divided on the Bank of England’s next monetary policy move on Wednesday as policymakers grapple with inflation. As of …
The Rivian brand is proudly displayed on their cutting-edge electric SUVs in San Diego, U.S., December 16, 2022. Mike Blake | Reuters Discover the intriguing stories of these standout companies during midday trading. Toyota Motor — Shares soar by 1.7%, hitting a new 52-week high, following the report of impressive revenue results in the first …
Barclays bank released its second quarter earnings report on Thursday. Image Source: Bloomberg | Bloomberg | Getty Images Barclays achieved a net income of £1.3 billion ($1.68 billion) in the second quarter, meeting expectations despite a slowdown in investment banking. According to Refinitiv, analysts projected a net income of £1.4 billion for the quarter. In …
Barclays has announced that it will close an additional 15 branches, bringing the total number of closures by British lenders to over 100 this year. The affected locations include sites in London, St Helens, and Bridgwater, with closures scheduled for the first week of May. This comes on top of the 15 closures already announced …