Search Results for: stock performance

BlackRock Agrees to Acquire Global Infrastructure Partners (“GIP”), Creating a World Leading Infrastructure Private Markets Investment Platform
Fintech

BlackRock Agrees to Acquire Global Infrastructure Partners (“GIP”), Creating a World Leading Infrastructure Private Markets Investment Platform

Business Wire
The combination of GIP with BlackRock’s highly complementary infrastructure offerings creates a comprehensive global infrastructure franchise with differentiated origination and asset management capabilities. BlackRock, Inc. and Global Infrastructure Partners (“GIP”), a leading independent infrastructure fund manager, jointly announce that they have entered into an agreement for BlackRock to acquire GIP......
Investment Opportunities Abound in 2024, Say Natixis Affiliated Investment Managers
Fintech Investments News

Investment Opportunities Abound in 2024, Say Natixis Affiliated Investment Managers

Business Wire
Portfolio Managers, Strategists and Executives from Natixis Investment Managers, AEW Capital Management, Flexstone Partners, Gateway Investment Advisers, Harris Associates, Loomis Sayles, Mirova, and Vaughan Nelson Investment Management Provide 2024 Market Outlooks n 2023, a bull market in stocks surprised while bonds saw an uptick in performance during the fourth quarter.......
DataLend: Securities Lending Revenue in 2023 Reached Modern Record of $10.7 Billion, Up 8.6% Over 2022
Lending News

DataLend: Securities Lending Revenue in 2023 Reached Modern Record of $10.7 Billion, Up 8.6% Over 2022

PR Newswire
Strong performances of North America and APAC equities, global corporate debt drove revenue to historic high AMC stock generated $511 million in revenue for lenders, most of any security globally The global securities finance industry generated $10.7 billion in revenue for lenders in 2023, according to DataLend, the market data service of fintech EquiLend. The figure......
FedEx Initiates $1.0 Billion Accelerated Share Repurchase Agreement as Part of Its Commitment to Enhance Capital Returns to Stockholders
Finance Fintech News

“FedEx Announces ASR Agreement with Mizuho “

Business Wire
As part of its commitment to enhance capital returns to stockholders, FedEx Corp. announced that it has entered into an accelerated share repurchase agreement with Mizuho Markets Americas LLC As part of its commitment to enhance capital returns to stockholders, FedEx Corp. (NYSE: FDX) today announced that it has entered......
Ault Alliance Sets 2024 Revenue Goals at $230-$240 Million
Finance Fintech News

“Ault Alliance Sets 2024 Revenue Goals at $230-$240 Million “

Business Wire
The Company is targeting gross consolidated revenue between $230 million and $240 million. Ault Alliance, Inc., a diversified holding company (“Ault Alliance,” or the “Company”), today outlined its revenue objectives and other corporate initiatives for 2024. The Company is targeting gross consolidated revenue between $230 million and $240 million. Additionally,......
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
Fintech News

Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions

Business Wire
BlackRock Resources & Commodities Strategy Trust (NYSE: BCX), BlackRock Enhanced Equity Dividend Trust, BlackRock Energy and Resources Trust (NYSE: BGR), BlackRock Enhanced International Dividend Trust (NYSE: BGY), BlackRock Health Sciences Trust (NYSE: BME), BlackRock Health Sciences Term Trust (NYSE: BMEZ), BlackRock Enhanced Global Dividend Trust (NYSE: BOE), BlackRock Utilities, Infrastructure......
Bumble Inc. Announces Third Quarter 2023 Results
Finance Fintech News

Bumble Inc. Announces Third Quarter 2023 Results

Business Wire
Total Revenue Increased 18% to $276 Million Bumble App Revenue Increased 23% to $222 Million Bumble App Paying Users Increased 25% to 2.6 Million; Grew 147,000 Quarter Over Quarter Net Earnings of $23.1 Million, Adjusted EBITDA of $75.3 Million Share Repurchase Program Increased to $300 Million Bumble Inc. today reported financial......
Yahoo Finance Debuts New Design and Features to Empower Everyday Investors
Fintech Investment Services News

Yahoo Finance Debuts New Design and Features to Empower Everyday Investors

Business Wire
The #1 Consumer Finance Property Unveils New Investing Tools and Expanded News Coverage Yahoo today announced the rollout of a new design and features for Yahoo Finance, the #1 consumer finance property with an audience of over 90 million monthly US visitors.* The initial update includes a fresh desktop and......
Uber Announces Results for Third Quarter 2023
Finance Fintech News

Uber Announces Results for Third Quarter 2023

Business Wire
Trips and monthly active platform consumers growth accelerated to 25% and 15% year-over-year, respectively Gross Bookings grew 21% year-over-year and 20% year-over-year on a constant currency basis Net income of $221 million; Income from operations of $394 million; Adjusted EBITDA margin at all-time high Operating cash flow of $966 million;......
Rand Capital Reports 12% Increase in Total Investment Income for Third Quarter 2023
Fintech Investment Services News

Rand Capital Reports 12% Increase in Total Investment Income for Third Quarter 2023

Business Wire
Total investment income increased 12% to $1.7 million for the quarter compared with the third quarter last year driven by strong growth in interest income Net asset value per share (“NAV”) was $23.77 at September 30, 2023, up 6% from year-end 2022 Invested $7.8 million in new investments during the......
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