PRA seeks to clarify transfer processes for financial mutuals, aiming to enhance transparency and efficiency in Part VIII transactions. The Prudential Regulation Authority has launched a consultation on updated guidance for friendly society amalgamations and transfers unde
S&P 500 and Nasdaq futures decline as investors brace for Alphabet, Tesla, and IBM earnings after market close. US equity futures edged lower in early trading, with tech shares leading the decline. S&P 500 futures fell 0.4%, Nasdaq futures dropped 0.9%, and Dow futures sli
Dow Jones, S&P 500, and Nasdaq 100 futures decline as geopolitical risks weigh on investor sentiment ahead of Fed policy signals. US stock futures retreated in early European trading Wednesday, with the Dow Jones shedding 0.30% to 52,290, as escalating US-Iran tensions fue
Investors focus on Tesla’s margins and AI progress alongside Alphabet’s AI-driven ad and cloud growth in Q2 reports. Tesla and Alphabet release Q2 earnings today, with markets scrutinizing Tesla’s margins, cash flow, and advancements in AI, robotaxis, and Optimus. Strong d
Asian markets showed mixed performance as rising oil prices supported energy stocks while Japan's trade deficit pressured equities ahead of U.S. tech earnings. Asian equities traded mixed Wednesday, with Japan's Nikkei underperforming due to a widening trade deficit, while
Controladora Vuela (VLRS) reports Q2 loss, beats revenue estimates Controladora Vuela (VLRS) came out with a quarterly loss of $1.11 per share versus the Zacks Consensus Estimate of a loss of $1.08. This compares to a loss of $0.54 per share a year ago These figures
The biotech firm priced 18.3M shares above expectations, securing gross proceeds of $375.15M for pipeline development. Dyne Therapeutics priced an upsized public offering of 18.3M common shares at $20.50 each, raising gross proceeds of $375.15M. The offering exceeds initia
The Norwegian energy firm maintains its quarterly payout at $0.39 per share and launches a new $1.13 billion share repurchase program. Equinor announced a $0.39 per share quarterly dividend, matching its prior three quarters. The payout yields 4.15% forward and will be dis
The railroad operator maintains its $1.35 dividend for the 15th straight quarter, yielding 1.63% forward. Norfolk Southern announced a $1.35 per share quarterly dividend, matching its prior payout. The dividend is payable August 20 to shareholders of record as of August 7,
The bank increases its quarterly payout to $0.67 from $0.60, marking an 11.7% rise and a forward yield of 2.02%. Citigroup raised its quarterly dividend by 11.7% to $0.67 per share, up from the prior $0.60. The move follows a period of steady payouts and reflects the bank’
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