Tag: Financial news
Tech-heavy indices outperform as Dow struggles for gains
The recent US labor data released by the Bureau of Labor Statistics showed an increase in Non-Farm Payrolls for June, beating forecasts. However, government hiring accounted for a significant portion of this increase, with...
Faron Pharmaceuticals Share Issuance Update – TipRanks
Faron Pharmaceuticals Oy recently made an important announcement regarding the issuance of new shares. The company has successfully issued and registered a total of 30,709,056 new shares, which has led to a significant change...
UiPath (NYSE:PATH) Q1 Performance and CEO Departure Analysis – TipRanks
UiPath, a leading provider of artificial intelligence (AI) and automation software, recently reported strong financial results for Q1 FY25, exceeding analyst expectations. Despite this positive performance, the company provided a disappointing outlook for the...
HSBC Announces Issuance of S$1.5 Billion Convertible Securities
HSBC, also known as 0005, recently announced its plan to issue S$1.5 billion in perpetual subordinated contingent convertible securities at a rate of 5.25 percent per annum. The company stated that the net proceeds...