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BusinessOct 28Meta- and Google-backed Jio Platforms’ shares soar over 21% on trading debut after record IPOJio had offered 270 million shares in the IPO priced at 1,119 rupees apiece, raising 302 billion rupees ($3.2 billion) in the country's largest-ever IPO.CNBC
BusinessOct 28Landstar anticipates Q3-to-Q4 seasonality of ~1% higher truck revenue per load with 20-30 bps variable contribution margin compressionLandstar anticipates a seasonal increase in truck revenue per load but a decrease in variable contribution margin from Q3 to Q4. This provides insight into the company's expected financial performance.Seeking Alpha Tech
BusinessOct 28Boeing shares tumble after it releases cautious growth forecastInvestors monitor Boeing shares after a slump on Tuesday weighed on sentiment following an update from the group on its outlook.EuroNews [en]
BusinessOct 28Standard Chartered beats forecast as wealth business powers third-quarter profitStandard Chartered’s third-quarter net profit rose 46 per cent as strong growth in cross-border trade loans and wealth management buffered one of Hong Kong’s three note-issuing banks from provisions linked to geopolitical tensions. Net profit increased to US$1.5 billion, or 68.9 US cents per share, in the quarter that ended on September 30, compared with US$1.03 billion a year earlier, the London-based bank said in a filing to the Hong Kong stock exchange on Wednesday. The result beat analysts’...South China Morning Post
BusinessOct 28Mbappe faces backlash in China for meme fiascoThree major Chinese brands have ended partnerships with French football star Kylian MbappeAl Jazeera [en]
BusinessOct 28Dangote Refinery makes history as IPO attracts investors from 120 countries, all 54 African nationsThe landmark offer achieves 100% African participation, reaches all six inhabited continents and Mr Dangote says Africa has shown it can finance, build and own its industrial future. Bird hails global investor confidence while Murat says transaction sets new benchmark for African capital markets The post Dangote Refinery makes history as IPO attracts investors from 120 countries, all 54 African nations appeared first on Premium Times Nigeria.Premium Times
BusinessOct 28Tinubu seeks $20.5bn, €1.04bn foreign loans to fund projects"The proposal was intended to mitigate the continued accumulation of interest, penalties and other financial costs associated with the outstanding obligations" The post Tinubu seeks $20.5bn, €1.04bn foreign loans to fund projects appeared first on Vanguard News.Vanguard Nigeria
BusinessOct 28Indian trading apps roll out access to U.S. stocks, boosting retail demand for Nvidia, SpaceX, AppleIndian trading applications are now providing access to U.S. stocks, which is increasing retail demand for major American companies like Nvidia, SpaceX, and Apple. This development facilitates international investment for Indian retail investors.Seeking Alpha Tech
BusinessOct 28ICBC makes history with record US$19 billion IPO in dual listing in 2006 - SCMP archiveICBC share prices diverge after first parallel listing By Carol Chan This article was first published on October 28, 2006 Shares of Industrial and Commercial Bank of China jumped a relatively modest 14.7 per cent on their Hong Kong debut and a lacklustre 5.1 per cent in Shanghai as the world’s largest-ever initial public offering finally came to market. The debut immediately catapulted China’s largest lender into the top ranks of global banks as measured by market capitalisation. It seized the...South China Morning Post
BusinessOct 28TransAlta Corporation 5.3% CUM PFD G declares CAD 0.4233 dividendTransAlta Corporation's 5.3% Cumulative Preferred G shares have declared a dividend of CAD 0.4233. This is a routine financial announcement important for investors.Seeking Alpha Tech
BusinessOct 28TransAlta Corporation 1ST PFD SER E declares CAD 0.4308 dividendTransAlta Corporation's First Preferred Series E shares have declared a dividend of CAD 0.4308. This is a routine financial announcement important for investors.Seeking Alpha Tech
BusinessOct 28Offe Market Secures New Funding to Expand Online Off-Price Fashion MarketplaceFounded by Rachel Gannon, Offe Market sells discounted excess inventory from over 200 fashion and lifestyle brands. The recently closed funding round, led by Slauson & Co., supports the company's rapid growth and its model of giving brands greater control over pricing and customer relationships compared to traditional off-price retailers.headtopics · united states of america
BusinessOct 28Deckers Brands Shares Drop as Ugg Opens Localized Williamsburg Store to Drive Community EngagementUgg has opened a new experiential retail location in Williamsburg, reflecting its parent company Deckers Brands' strategy to foster local community connections through artist collaborations and culturally rooted experiences, despite recent Q2 sales figures causing a drop in share price.headtopics · united states of america
BusinessOct 28TransAlta Corporation CUM RED PFD D declares CAD 0.3396 dividendTransAlta Corporation's Cumulative Redeemable Preferred D shares have declared a dividend of CAD 0.3396. This is a routine financial announcement important for investors.Seeking Alpha Tech
BusinessOct 28TransAlta Corporation PFD-C declares CAD 0.3658 dividendTransAlta Corporation's Preferred C shares have declared a dividend of CAD 0.3658. This is a routine financial announcement important for investors.Seeking Alpha Tech
BusinessOct 28Federal Reserve likely to skip rate hike despite elevated inflation - AP NewsFederal Reserve keeps rates unchanged despite elevated inflation AP NewsAP News
BusinessOct 28Wednesday’s Economic CalendarThis article provides a listing of economic events scheduled for Wednesday. It serves as a guide for upcoming financial data and announcements.Seeking Alpha Tech
BusinessOct 28Tamil Nadu government revises auto-rickshaw fares in Chennai, other regionsAccording to a notification published in the government gazette, the minimum fare has been fixed at ₹50 for upto 1.8 kmThe Hindu
BusinessOct 28China rushes to shore up struggling markets‘National team’ of funds and brokers buy stocks as investors turn away from AI tradeFinancial Times
BusinessOct 28TransAlta declares CAD 0.07 dividendTransAlta has declared a dividend of CAD 0.07, which is a routine financial announcement from a company.Seeking Alpha Tech
BusinessOct 28Charter Communications, Inc. CUM PFD SR A declares $0.4375 dividendCharter Communications, Inc. CUM PFD SR A has declared a dividend of $0.4375. This is a routine financial announcement for shareholders.Seeking Alpha Tech
BusinessOct 28Rush declares $0.14 dividendRush has declared a $0.14 dividend. This is a routine financial announcement.Seeking Alpha Tech
BusinessOct 28Associated Banc-Corp raises quarterly dividend by 4.2% to $0.25/shareAssociated Banc-Corp has raised its quarterly dividend by 4.2% to $0.25 per share. This indicates a change in the company's dividend policy.Seeking Alpha Tech
BusinessOct 28Global stock markets rise as investors continue to bet on AIAsian stock markets rise, following gains on Wall Street.Al Jazeera [en]
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