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...Today, mutuals are back on the front foot....
...The start-up said the change of name to Wellhub reflected its widening range of services, which alongside access to tens of thousands of third-party fitness centres also included partner apps for activities...
...Influential shareholder adviser Institutional Shareholder Services has clashed with two of Germany’s biggest blue-chips over a lack of boardroom independence, recommending the chairs of BASF and Munich Re...
...Foot Locker on Wednesday cut its full-year outlook for gross margins to a range of 27.8 per cent to 28 per cent....
...Several of the bank’s businesses — including credit cards and corporate transaction services — did better than expected in a quarter that many thought would be marred by the upheaval of the restructuring...
...Research on the topic has demonstrated corporate governance is not a priority concern for companies choosing a listing jurisdiction....
...Mary Dillon, chief executive of shoe retailer Foot Locker, said Hoka and On Running were two of its fastest-growing brands....
...Last year, 80 per cent of exits were sales to corporate buyers ($271bn). The next most popular exit was sales to other PE firms ($62bn)....
...It follows a broader trend in professional services....
...Netflix’s crackdown on password sharing helped the streaming service blow past Wall Street’s earnings forecasts, but its shares fell after it said it planned to stop regularly disclosing its subscriber numbers...
...And since 2008, mid-market corporates and mortgage borrowing have increasingly moved away from banks....
...Microsoft and chipmaker Nvidia have been on the front foot of the AI revolution so far....
...Avid Bioservices, a small-cap company that helps develop and manufacture drugs for pharmaceutical companies, filed this with the SEC yesterday: On February 29, 2024, Avid Bioservices, Inc....
...Microsoft’s revenue in the quarter climbed 17 per cent to $61.9bn, driven by cloud computing sales and rampant demand for AI-related services on its Azure platform....
...Growth in the services sector offset weakness in manufacturing to lift S&P Global’s monthly gauge of eurozone corporate activity for April above the forecasts of most economists....
ADM, Chemours, Mattel and NYCB are among groups admitting that weaknesses in controls delayed financial reports
...Results: Jack Daniel’s maker Brown Forman, Campbell Soup and sneaker seller Foot Locker and Thor Industries release earnings....
...This is an audio transcript of the Political Fix podcast episode: ‘The Post Office scandal: who foots the bill?’...
...But statistics from ISS-Corporate, the data affiliate of the proxy adviser, shows investor pressure for change....
...Barings is suing a Nomura-backed venture after most of its top private credit team defected to the new firm, in what the fund manager described as one of the “largest corporate raids at an asset manager...
...Fink also said BlackRock was seeing “accelerating momentum” because it was winning new business from “marquee” clients for its technology, retirement and portfolio management services....
...From Bloomberg overnight: Citi Is in Talks to Start New Private Credit Strategy by Early 2024 Citigroup Inc. is in discussions to start a new direct-lending strategy by early January, the latest in a series...
...Nunes, a former Republican congressman, named four equities market makers in his letter: Citadel Securities, Virtu, Jane Street and G1 Execution Services....
...During the most recent quarter, Nike said it saw higher foot traffic at some physical retail stores and slower demand in digital sales....
...According to data from Deutsche Börse-owned Institutional Shareholder Services, it would mark Apple’s largest US securities fraud class action settlement....
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