Shares Jump Rejecting

Direct Line shares jump 38% after rejecting Aviva’s £3.3bn offer to create insurance giant – business live

UK car insurer, which owns Churchill and Green Flag brands, said approach was ‘highly opportunistic and substantially undervalued the company’. In other takeover news, the Australian investment ...

World - The Guardian - 6 hours ago

Amazon shares jump 6% after earnings beat

Amazon's latest upbeat results were driven by growth in cloud and digital advertising.

Business - CNBC - November 1

Palantir shares close up 23% to record on uplifting guidance

Palantir shares soared to a record on Tuesday after the software company reported better-than-expected results and issued uplifting guidance.

Business - CNBC - November 5

Lyft shares soar 20% on results and autonomous-vehicle partnership

Lyft reported third-quarter sales that beat expectations while offering an upbeat demand forecast, after the ride-hailing platform earlier in the day announced an autonomous-vehicle partnership ...

Business - MarketWatch - November 7

Snap shares jump after results come in better than expected

Shares of Snap Inc. rose after hours on Tuesday after the social-media platform reported third-quarter results that beat expectations and said its board authorized a stock buyback of up to $500 ...

Business - MarketWatch - October 30

Snap shares jump 10% on profit beat, stock buyback

Snap reported third-quarter results on Tuesday that beat on the top and bottom lines, but the company issued light fourth-quarter guidance.

Business - CNBC - October 29

Intel shares jump 7% on earnings beat, uplifting guidance

Intel reported better-than-expected earnings following a quarter filled with challenges.

Business - CNBC - October 31

Palantir’s shares jump as ‘unwavering demand’ for AI lifts earnings

Peter Thiel’s data analytics company raises its revenue forecast as growth accelerates

Business - Financial Times - November 4

Novo Nordisk shares jump 8% after Wegovy sales beat expectations

Novo Nordisk on Wednesday reported third quarter earnings broadly in line with expectations and narrowed its 2024 full-year growth guidance.

Business - CNBC - November 6

Yeti Shares Climb on Jump in Third-Quarter Cooler, Drinkware Sales

The maker of coolers and insulated drinkware expects to hit the high end of its earnings guidance for the year after posting a bigger profit and higher-than-estimated sales in the third quarter.

Business - The Wall Street Journal - November 7

Nissan shares jump after activist investor takes stake

Hedge fund Effissimo Capital is known for high-profile campaigns against big Japanese companies

World - Financial Times - November 12

Swiggy's Shares Jump in India's Second-Largest IPO This Year

Shares of Indian startup Swiggy surged at its Mumbai debut, driven by strong institutional interest in the food and grocery delivery company.

Business - The Wall Street Journal - November 13

The US consumer is fine (but no better)

Aggregates conceal a lot

World - Financial Times - November 20

Sage shares surge 19% as UK software group launches buyback

Financial software provider announces plan for £400mn share buyback and raises dividend

World - Financial Times - November 20

News Corp Shareholders Reject Activist Bid to End Dual-Class Share Structure

Shareholders voted down Starboard Value’s proposal, which was aimed at damping the Murdoch family’s influence over the media conglomerate.

Business - The Wall Street Journal - November 20

Direct Line shares surge 42% on rejection of Aviva’s $4.2 billion takeover offer

Direct Line’s shares surged as investor’s hoped the rejection might pave the way for a second takeover bid from the U.K.’s largest insurance company

Business - MarketWatch - 4 hours ago

Alibaba posts profit beat as China looks to prop up tepid consumer spend

The results come at a tricky time for Chinese commerce businesses, given the broad sluggishness in the world's second-largest economy.

Business - CNBC - November 15

Eli Lilly shares jump on two big updates and Jim Cramer is so here for it

The Biden administration proposed a rule change that would expand access to Eli Lilly's Zepbound. And an obesity drug competitor released disappointing results.

Business - CNBC - Yesterday

Shares of key chip suppliers jump as U.S. reportedly considers toned-down China curbs

ASML and Tokyo Electron shares rose after a report that the U.S. is considering sanctions on China's chip industry that stop short of earlier proposals.

Business - CNBC - 2 hours ago

Dr Martens’ shares jump 15% on new CEO’s start date despite drop in first half sales

Dr Martens said its new CEO Ije Nwokorie will take over from incumbent Kenny Wilson on Jan. 6 2025, in a shakeup investors hope could boost the struggling boot maker

Business - MarketWatch - 5 hours ago

Rising energy bills push inflation to highest for six months

Higher inflation pushes up the cost of living for households, and could mean that interest rates remain higher for longer.

Wisconsin rejects ban on noncitizen voting

Voters in Wisconsin rejected a ballot measure amending the state’s constitution to explicitly prohibit foreign nationals from voting in any election in the state. The ballot measure was part of a ...

Politics - The Hill - November 6

California Republican Ken Calvert holds off Dem challenge in Palm Springs area

Calvert defeated Democrat Will Rollins, a former federal prosecutor.

Politics - Politico - November 13

Airbnb misses on earnings but squeaks in a revenue beat

Airbnb reported third-quarter earnings Thursday that showed revenue up 10% year over year.

Business - CNBC - November 7

Bitcoin, dollar and Tesla jump as investors pile into ‘Trump trades’

Markets expect US president-elect to take light-touch approach to regulation

Business - Financial Times - November 11

Amorim: Man Utd rejected request to delay move

Rúben Amorim has said he wanted to delay his move to Manchester United from Sporting CP until the end of the season but was told by the Premier League club that it was "now or never."

Sports - ESPN - November 2

Trump's claim of 'massive cheating' in Philadelphia rejected by officials

BBC Verify investigates claims spreading online questioning the integrity of the US election.

Florida voters narrowly reject abortion rights measure

The ballot initiative in Florida would have allowed abortion until the point of foetal viability or about 24 weeks.

Florida Rejects Recreational Marijuana as Cannabis Stocks Plunge

A ballot measure to legalize recreational pot failed to reach the required 60 percent threshold for passage, and publicly listed companies’ shares dropped after a major market was closed to them.

Business - Inc. - November 6