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Hong Seng Consolidated Enters Into Shares Sale Agreement With Innov8tif Consortium
* ENTERED INTO A SHARES SALE AGREEMENT WITH INNOV8TIF CONSORTIUM SDN BHD. * DEAL FOR PROPOSED ACQUISITION OF 717,570 SHARES IN INNOV8TIF HOLDINGS FROM INNOV8TIF CONSORTIUM FOR 30.9 MILLION RGT Source text for Eikon: Further company coverage:. Disclaimer. The above content is directly sourced from Reuters under a contractual arrangement....
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PanGenomic Health Announces Intention To Dual List On The UK Aquis Stock Exchange Growth Market
* PANGENOMIC HEALTH ANNOUNCES INTENTION TO DUAL LIST ON THE UK AQUIS STOCK EXCHANGE GROWTH MARKET Source text for Eikon: Further company coverage:. The above content is directly sourced from Reuters under a contractual arrangement. The content is being provided as a convenience and for informational purposes only; and does not constitute an endorsement or approval by Kalkine Media of any of the products, services, or opinions of the organization or individual. The user is apprised that Kalkine Media bears no responsibility for the accuracy, legality, or content of Reuters, any external sites, or for that of subsequent links. The user is requested to contact Reuters directly for answers to questions regarding the content. Please note that Kalkine Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
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Phillips 66 reports results for the quarter ended in December - Earnings Summary
Kalkine Media looks at 3 US social media stocks. How are they faring?. * Phillips 66 reported quarterly adjusted earnings of $4.00 per share for the quarter ended in December. The mean expectation of fifteen analysts for the quarter was for earnings of $4.35 per share. * Revenue rose 21.9% to $40.91 billion from a year ago; analysts expected $39.12 billion. * Phillips 66's reported EPS for the quarter was $3.97. * The mean earnings estimate of analysts had risen by about 9% in the last three months. * In the last 30 days ten analysts negatively revised earnings estimates * Phillips 66 shares had risen by 2.2% this quarter. * The company reported quarterly net income of $1.88 billion. * Wall Street's median 12-month price target for Phillips 66 is $123.00 * The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," 8 "hold" and no "sell" or "strong sell." This summary was machine generated from Refinitiv data January 31 at 02:32 p.m. All figures in US dollars unless otherwise stated. QUARTER ENDING ESTIMATE ACTUAL BEAT, MET, MISSED Dec. 31 2022 4.35 4.00 Missed Sep. 30 2022 5.04 6.46 Beat Jun. 30 2022 5.97 6.77 Beat Mar. 31 2022 1.28 1.32 Beat.
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BIM Magazalar Decides To Launch Share Buyback Program Up To Max. Of 5.0 Mln Lira Nominal Shares With Max. Fund Of 750.0 Million Lira
* BIM MAGAZALAR DECIDES TO LAUNCH SHARE BUYBACK PROGRAM UP TO MAX. OF 5.0 MILLION LIRA NOMINAL SHARES WITH MAX. FUND OF 750.0 MILLION LIRA Source text for Eikon: Further company coverage: (Gdansk Newsroom) Disclaimer. The above content is directly sourced from Reuters under a contractual arrangement. The content is...
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NeoGames' Aspire Global To Provide Full Suite Of Solutions To Metropolitan Gaming
* NEOGAMES SA-ASPIRE GLOBAL TO PROVIDE FULL SUITE OF SOLUTIONS TO METROPOLITAN GAMING AFTER COMPLETING AGREEMENT TO POWER NEW DIGITAL OFFERING Source text for Eikon: Further company coverage:. Disclaimer. The above content is directly sourced from Reuters under a contractual arrangement. The content is being provided as a convenience and...
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FedEx to cut senior jobs as part of larger staff reduction
LOS ANGELES (Reuters) -FedEx Corp on Wednesday said it would cut its officer and director ranks by 10% as part of a broad cost-reduction effort that has reduced staffing at the delivery giant by 12,000 workers since June, a spokeswoman said. Shares in FedEx rose 2.4% to $198.47 as investors...
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Sherlock Bio to buy UK firm in quest for CRISPR-based handheld diagnostic tests
(Reuters) - Privately-held Sherlock Biosciences said on Wednesday it has acquired UK-based Sense Biodetection to speed up the launch of handheld diagnostic tests that use the breakthrough CRISPR gene editing technology. Sherlock raised $80 million nearly a year ago for development of diagnostics based on the CRISPR tool, which is...
New deadline for delivery of stimulus checks in the U.S.
In the United States, there is a territory that extended the deadline for the delivery of stimulus checks due to the high prices imposed by inflation. It is the so-called Golden State, California, where its Franchise Tax Board announced a delay in the review of the information.
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Know Labs Provides Update On Strategic Partners
* KNOW LABS PROVIDES UPDATE ON STRATEGIC PARTNERS ENGAGED IN DATA SCIENCE, PRODUCT ENGINEERING AND REGULATORY AFFAIRS TO ACCELERATE PROGRESS TOWARD FDA APPLICATION Source text for Eikon: Further company coverage:. Disclaimer. The above content is directly sourced from Reuters under a contractual arrangement. The content is being provided as a...
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Greenlight Biosciences Receives Approval To Initiate Phase I/II Clinical Trial Of Covid-19 mRNA Vaccine Candidate
* GREENLIGHT BIOSCIENCES RECEIVES APPROVAL TO INITIATE PHASE I/II CLINICAL TRIAL OF COVID-19 MRNA VACCINE CANDIDATE. * GREENLIGHT BIOSCIENCES HOLDINGS PBC - RWANDA FDA GIVEN REGULATORY APPROVAL TO START PHASE I/II CLINICAL TRIAL OF COVID-19 VACCINE CANDIDATE IN RWANDA Source text for Eikon: Further company coverage:. Disclaimer. The above content...
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Bogota Financial Corp <BSBK.O>: Profits of 14 cents announced for fourth quarter
31 January 2023 12:00 p.m. All figures in US dollars. The profits announced by Bogota Financial Corp in the fourth quarter were lower than the Refinitiv mean estimate of profits. The company reported profits of 14 cents per share an identical amount to that earned in the same quarter last year. Profits of 15 cents per share were forecast by the single analyst providing an estimate for the quarter. The company reported revenue of $6.04 million, which is lower than the estimated $6.4 million. RECOMMENDATIONS * The single recommendation for the company is "Hold". * The average consensus recommendation for the banks peer group is also "Hold". FORECAST CHANGES * One analyst is currently providing Refinitiv with estimates. * In the last week there have been no earnings estimate revisions by analysts covering the company. There was no change to the number of estimates. YEAR OVER YEAR * The company reported an increase in revenue to $6.04 million from $4.85 million in the same quarter last year. * Previous quarterly performance (using earnings preferred measure) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET, MISSED Sep. 30 2022 0.15 0.14 Missed Jun. 30 2022 0.12 0.12 Met Mar. 31 2022 0.08 0.10 Beat Dec. 31 2021 0.09 0.14 Beat This summary was machine generated from Refinitiv data January 31 at 12:00 p.m.
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Spotify Technology SA <SPOT.K>: Losses of €-1.40 announced for fourth quarter
31 January 2023 02:31 p.m. All figures in euros. The loss announced by Spotify Technology SA in the fourth quarter were lower than the Refinitiv mean estimate of losses. The company reported losses of €-1.40 per share, €1.19 lower than the same quarter last year when the company reported EPS of -21 cents. Losses of €-1.27 per share were anticipated by the twenty three analysts providing estimates for the quarter. Wall Street expected results to range from €-1.98 to -81 cents per share, with a forecasted mean of €-1.27 per share. The company reported revenue of €3.17 billion, which is higher than the estimated €3.16 billion. RECOMMENDATIONS * The consensus recommendation for the company is "Buy". * The average consensus recommendation for the online services peer group is "Hold". FORECAST CHANGES * Eighteen analysts are currently providing Refinitiv with estimates. * In the last week four analysts have revised earnings estimates upward and two analysts have revised earnings estimates downwards. There was a gain of one new estimate. YEAR OVER YEAR * The company reported an increase in revenue to €3.17 billion from €2.69 billion in the same quarter last year. * Previous quarterly performance (using earnings preferred measure) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET, MISSED Sep. 30 2022 -0.84 -0.99 Missed Jun. 30 2022 -0.63 -0.85 Missed Mar. 31 2022 -0.24 0.21 Beat Dec. 31 2021 -0.42 -0.21 Beat This summary was machine generated from Refinitiv data January 31 at 02:31 p.m.
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Southgobi Resources Says On Jan 20 Received Written Notice From Hong Kong Stock Exchange
* ON JAN 20 CO RECEIVED WRITTEN NOTICE FROM HONG KONG STOCK EXCHANGE. * NOTICE OF EXCHANGE ON DECISION THAT MAJORITY OF TRADING IN COMPANY'S SHARES HAS MIGRATED TO HONG KONG STOCK EXCHANGE'S MARKETS. * CO IS CONTINUOUSLY ASSESSING LEGAL, FINANCIAL, AND OPERATIONAL IMPACT OF MIGRATION TO COMPANY. * CO...
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Egypt hoping to announce plan to float at least 20 companies soon - PM
CAIRO, Feb 1 (Reuters) - Egypt's government is hoping to announce a plan to float at least 20 companies soon, Prime Minister Moustafa Madbouly said on Wednesday. (Reporting by Mahmoud Mourad and Aidan Lewis, writing by Nafisa Eltahir, Editing by Louise Heavens) Disclaimer. The above content is directly sourced from...
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Saudi Chemical Unit Signs Exclusive Agreement With Bioventure For Drug Ruxolitinib
* SIGNING EXCLUSIVE AGREEMENT BY ITS SUBSIDIARY AJA PHARMA WITH BIOVENTURE FOR THE DRUG “RUXOLITINIB”. * AJA PHARMA WILL GET EXCLUSIVE LICENSING RIGHTS FOR THE DRUG “RUXOLITINIB. * AJA PHARMA WILL HAVE EXCLUSIVE COMMERCIALIZATION RIGHTS OF RUXOLITINIB IN SAUDI , THE REST OF THE GCC, AND LEVANT COUNTRIES.
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Spotify Reports Fourth Quarter Results
* SPOTIFY - QTRLY TOTAL REVENUE GREW 18% Y/Y TO €3.2 BILLION; QTRLY PREMIUM REVENUE GREW 18% Y/Y TO €2.7 BILLION. * Q4 EARNINGS PER SHARE VIEW EUR -1.27, REVENUE VIEW EUR 3.16 BILLION -- REFINITIV IBES DATA. * SPOTIFY - QTRLY PREMIUM ARPU GROWTH OF 3% Y/Y...
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Peak Power Secures $200 Million Development Partnership With Madison Energy Investments To Accelerate Adoption Of Cleantech And The Transition To Net Zero
* PEAK POWER SECURES $200 MILLION DEVELOPMENT PARTNERSHIP WITH MADISON ENERGY INVESTMENTS TO ACCELERATE ADOPTION OF CLEANTECH AND THE TRANSITION TO NET ZERO Source text for Eikon:. Disclaimer. The above content is directly sourced from Reuters under a contractual arrangement. The content is being provided as a convenience and for...
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MIDEAST STOCKS-Dubai leads Gulf markets higher; Qatar ends lower
Feb 1 (Reuters) - Dubai stock market closed higher on Wednesday, outperforming the Gulf region, while Qatari stocks retreated amid volatile energy prices. Dubai's benchmark index snapped its losing streak since Friday, climbing 1.4% and marking its best day since September. The index was lifted by gains in almost all constituent stocks. Emirates NBD, Dubai's biggest lender, rose 2.3% and toll operator Salik gained 2.4%. Dubai Financial Market Co, the operator of Dubai stock exchange, rose 3.6% after it reported a 41.7% surge in FY net profit. Mashreq Bank added 3%, after the lender proposed annual cash dividend of AED 9 per share, up 800% from last year. In Abu Dhabi, the index ended 0.3% higher, extending its rally into the third consecutive session, helped by a 1.5% gain in the country's biggest lender First Abu Dhabi Bank. Abu Dhabi Commercial Bank, the UAE's third-largest lender, surged 3.3% on its best day since early November, after achieving 23% growth in both annual and fourth-quarter net profit. The lender also raised its annual dividend by 48.6% to AED 0.55 per share. Qatari stock index dropped 1.2%, extending its losses for the third consecutive session with most of its constituent stocks in negative territory. Gulf's biggest lender Qatar National Bank continued its slide since Monday, falling 2.9%, and Industries Qatar dropping 1.8%. The Qatari stock market remained under pressure due to the sharp decrease in natural gas prices during the last few weeks, said Daniel Takieddine, CEO MENA at BDSwiss. "However, it could find some support if energy markets recover in a more consistent manner." The benchmark index in Saudi Arabia lost 0.1%, weighed down by a 1.1% loss in Al Rajhi Bank and a 0.2% fall in oil giant Saudi Aramco. Meanwhile, the International Monetary Fund has revised its 2023 growth forecast for Saudi Arabia to 2.6%, 1.1 percentage points below its October projection. Outside the Gulf, Egypt's blue-chip index declined 0.2%, dragged down by 4.1% loss in E-Finance, 4.8% fall in Talaat Mostafa. Telecom Egypt and EFG Hermes declined 3.3% and 2.4%, respectively. SAUDI ARABIA fell 0.1% to 10,784 QATAR lost 1.2% to 10,800 EGYPT fell 0.2% to 16,408 BAHRAIN lost 0.4% at 1,921 OMAN added 0.1% to 4,710 KUWAIT rose 0.6% to 8,130 ABU DHABI added 0.3% to 9,844 DUBAI rose 1.4% to 3,348 (Reporting by Md Manzer Hussain; Editing by Krishna Chandra Eluri)
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Saunders International (ASX:SND) announces new contracts worth AU$18 million - Kalkine Media
Saunders’ shares gained over 5% in early morning trade on 2 Feb 2023, backed by a company update on new contract wins. The contracts valued at AU$18 million relate to the oil, water, and new energy sectors. ASX-listed engineering and construction company Saunders International (ASX:SND) has made an announcement...
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CORRECTED--Blackstone REIT blocks investor withdrawals in January
(Story corrects gross redemptions to $5.3 billion instead of $5.5 billion in second paragraph) Feb 1 (Reuters) - Blackstone Inc said on Wednesday it had blocked withdrawals from its $69 billion real estate income trust (BREIT) in January, as the private equity firm faced a surge in redemption requests from investors looking to cash out.
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