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Showing posts matching the search for market cap

HSBC on the Rise After Strong Earnings and a Fresh Share Buyback

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Summary: HSBC 's first-half profit surges more than twofold. HSBC announces a new share buyback program worth $2 billion. Market cap reaches $162 billion, with a pre-tax profit of $21.7 billion in the first six months. Investors are excited about the confidence shown through share buyback s. HSBC shares are soaring after reporting strong earnings and announcing a fresh share buyback of up to $2 billion. ...

FTSE 100 Surges to Four-Week Highs Led by House Builders

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Summary: FTSE 100 reaches four-week highs after consumer prices rise 7.9% in June, according to ONS data. Tata Motors announces £4 billion investment for the UK's first large-scale EV battery plant. National Grid sells 20% of the UK's gas network in a £700 million deal. Hargreaves Lansdowne reports a 6% jump in net new business during the quarter. Thacker Pass Lithium project gets approval from the US Court of Appeal, boosting Trident Royalty shares. London's FTSE...

FTSE 100 Gains Led by Mining Giants - Market Report

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FTSE 100 Gains Led by Mining Giants - Market Report Summary: FTSE 100 continues upward trajectory, mining companies leading the charge. EasyJet shares down due to challenging external environment. Royal Mail owner International Distribution Services' shares rise after appointing new CEO. Dunnellm reports robust final quarter, raises yearly guidance. Tesla and Netflix face challenges in the American market. Arakor Therapeutics shows promise in the small-cap sector. The FTS...

FTSE 100 down despite North Sea news - Market Report

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Summary: FTSE 100 is down despite the announcement of new North Sea oil and gas licenses. Financial Conduct Authority (FCA) has undergone an overhaul for fair treatment of consumers. UK's largest banks are planning a £5 million advertising campaign to support customers with repayments. BT Group 's shares slipped after the announcement of Alison Kirkley as the new chief executive. Marshall 's share price plummeted following the news of 250 job cuts . Walmart acquires TigerGlobal 's investment in Flipkart for $1.4 billion, increasing its stake to over 80%. ScanCell 's share price rises as the company expa...