Category: Finance

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BlackRock SRI ETF range sees methodology overhaul

BlackRock’s SRI ETF range will undergo several methodology changes in a bid to make the sector composition more tightly aligned with the parent index. The seven-strong range – which includes the $10bn iShares MSCI World SRI UCITS ETF (SUSW) and the $7bn iShares MSCI USA SRI UCITS ETF (SUAS) – will see the weight of […]

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uCloudlink posts modest Q1 gains, maintains annual guidance By Investing.com

In the first quarter of 2024, uCloudlink (NASDAQ: UCL) reported revenues of $18.1 million, consistent with its guidance and underscored by a net income of $0.4 million. The company’s financial performance was bolstered by the recovery of international data connectivity services, particularly its Roamingman brand. A net operating cash inflow of $1.9 million was also […]

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Wisconsin Pension Buys $160 Million in Bitcoin ETFs

The State of Wisconsin Investment Board is among the first U.S. public pension funds to allocate to a spot bitcoin ETF, recent SEC filings show. According to SWIBs Form 13F for Q1 2024, the $156 billion pension fund purchased BlackRock’s iShares Bitcoin Trust ETF, 1,013,000 shares and 2,450,400 shares respectively. Grayscale’s Bitcoin Trust closed at […]

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Aadhar Housing Finance IPO allotment out; latest GMP, 4 steps to check allotment status

Aadhar Housing Finance IPO allotment: The Aadhar Housing Finance IPO share allotment has been finalised. The allotment process began on Monday, May 13. Investors who applied for the Aadhar Housing Finance IPO can check the Aadhar Housing Finance IPO allotment status in the registrar’s portal, which is Kfin Technologies Ltd. The housing finance company opened […]

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Rounding Up April's New ETF Launches – Wealth Management

Rounding Up April’s New ETF Launches  Wealth Management Read the full article…

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DFDS to Invest €1 Billion in Battery Electric Ships for the Channel

DFDS A/S DFDS is announcing a substantial €1 billion investment in battery electric vessels, marking its unwavering commitment to decarbonising maritime traffic in the English Channel. In the future, maritime traffic in the Channel will be electric. DFDS is today announcing an expected €1 billion investment in six battery electric ships that will be deployed […]

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3 reasons why Goldman Sachs is the ‘pure investment bank’ play

The banking sector is in a unique time and place as investors navigate economic conditions, such as higher for longer interest rates held by the Federal Reserve. As part of Good Buy or Goodbye, Infrastructure Capital Advisors CEO Jay Hatfield joins Yahoo Finance’s Julie Hyman in-studio to highlight the investment opportunities found in financial institutions, […]

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ConnectWise Appoints Rik Thorbecke as Chief Financial Officer

ConnectWise, Inc. TAMPA, Fla., May 13, 2024 (GLOBE NEWSWIRE) — ConnectWise, the leading software company dedicated to the success of Managed Service Providers (MSPs), announced the appointment of Rik Thorbecke as its new Chief Financial Officer (CFO), effective May 13, 2024. Thorbecke brings a wealth of experience and expertise to his new position, where he […]

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Janus Henderson’s opportunity to disrupt active fixed income ETFs

Janus Henderson’s entry into European ETFs is an exciting development for fund selectors seeking further product development in active fixed income, an area of the market ripe for disruption. Last week, Janus Henderson announced plans to acquire Tabula Investment Management, a fixed income specialist that launched its first UCITS ETFs in 2018. The acquisition, which […]

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SoftBank exceeds forecasts with robust FY 2024 results By Investing.com

SoftBank Corporation (TSE: TYO:) has reported a strong financial performance for the fiscal year ended March 31, 2024, surpassing its upwardly revised forecasts. The company’s mobile revenue has seen an increase, hitting targets a year in advance, and PayPay, its payment service, has achieved full-year profitability. SoftBank aims to continue this growth trajectory in the […]

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