Author: Bella Hayes
Investing.com — Airbus, the European multinational aerospace corporation, has forecast a strong year for its A220 model, higher demand for the A350 freighter variant, and continued order momentum for the A321XLR long-range model, Bloomberg reported on Thursday. Christian Scherer, the head of Airbus Commercial, stated it was “too early” to reveal a stretched variant of the A220 within this year, Bloomberg said in a report. The company is also aiming to penetrate the US freight market by 2025 with its A350 freighter, the report added. However, some customers are holding off on ordering the A220 due to issues with engines…
LONDON – Tate & Lyle PLC (OTC:), a global provider of food and beverage ingredients, has announced the completion of its £215 million share buyback program. The program, which was initially disclosed on June 19, 2024, involved the repurchase of 31,294,579 ordinary shares at an aggregate market value of £214,989,726. Following the completion of the buyback, the number of ordinary shares in issue for the company stands at 445,429,642, excluding treasury shares. The buyback is part of the company’s capital allocation strategy and reflects its commitment to delivering value to shareholders. Tate & Lyle (LON:), with a heritage spanning over…
Hyatt guests and members now have more to enjoy on the Las Vegas Strip, with two award-winning hotels and an exclusive, limited-time World of Hyatt FIND experience to celebrate the new relationship CHICAGO–(BUSINESS WIRE)–Starting today, World of Hyatt members can earn and redeem points at The Venetian Resort Las Vegas on qualifying stays when booked through Hyatt, earn credit toward earning tier status and Milestone (WA:) Rewards as well as a Brand Explorer Award, and earn points at participating restaurants and retailers when charged to their rooms, and elite members can enjoy additional on-property benefits. With this exclusive relationship, World…
Investing.com — U.S. mortgage rates rose to a new six-month high this week, a development that, coupled with high house prices, could further limit potential homebuyers, according to Freddie Mac (OTC:) on Thursday. The average interest rate on the widely used 30-year fixed-rate mortgage rose to 6.93%, the highest rate since early July, Freddie Mac said. “The continued strength of the economy has put upward pressure on mortgage rates, and along with high home prices, continues to impact housing affordability,” according to Sam Khater, Freddie Mac’s chief economist. A year ago, during the same period, the average rate was 6.66%. This…
Article L233-8-II of the Commercial CodeArticle 223-16 of the General Regulations of the AMF PARIS–(BUSINESS WIRE)–Regulatory News: Mauna Kea Technologies (Paris:ALMKT): Listing: Euronext (EPA:) Growth ParisISIN code: FR0010609263, Ticker: ALMKTWebsite: www.maunakeatech.comDateNumber of shares comprisingthe capital in circulation Total (EPA:) number of voting rightsGross Total (1)Net Total (2)December 31, 202467,719,99768,806,00068,806,000(1) The gross number of voting rights (or “theoretical” voting rights) serves as the basis for calculating the thresholds. In accordance with Article 223-11 of the General Regulations of the AMF, this number is calculated on the basis of all shares carrying voting rights, including shares without voting rights. (2) The net…
LONDON – J.P. Morgan Securities PLC announced that the European Investment Bank (EIB) has successfully completed the issuance of a 10-year fixed-rate notes offering, with no stabilization actions undertaken post-offering. The securities, totaling 5 billion with a coupon of 2.875%, were listed on the Luxembourg Stock Exchange’s Regulated Market. The offer, which was priced at 99.239, took place under the coordination of J.P. Morgan Securities PLC, with BNP Paribas (OTC:), Morgan Stanley (NYSE:), and Natixis serving as stabilization managers. However, the banks did not engage in any market stabilization, a process typically used to support the price of a security…
MONTREAL, Jan. 09, 2025 (GLOBE NEWSWIRE) — In a release issued under the same headline earlier today by HPQ Silicon Inc. (TSX-V: HPQ, OTCQB: HPQFF, FRA: O08), please note that in the 11th paragraph, the number of units issued is not 1,009,343 but 1,083,333. The revised release follows: HPQ Silicon Inc. (HPQ or the Company) (TSX-V: HPQ, OTCQB: HPQFF, FRA: O08), a technology company specializing in green engineering of silica and silicon-based materials, is pleased to inform its shareholders that its French-based subsidiary, NOVACIUM SAS (Novacium), has entered into a strategic collaboration with the French Army to develop high-capacity batteries…
Macquarie strategists suggested that the British Pound () could potentially rebound if a new government in the United Kingdom (TADAWUL:) introduces a successful pro-growth economic policy, according to a note on Thursday. This perspective comes as UK Gilt yields have spiked, reminiscent of the events from last October, but with credit default swap (CDS) spreads rising more sharply this time. The increase in yields and spreads is occurring against a backdrop of declining political support for the Labour government, which could signal a forthcoming political shift. The current situation in the UK is drawing comparisons to the Labour-led government in…
WASHINGTON (Reuters) – Elon Musk, who U.S. President-elect Donald Trump has tapped to oversee a government cost-cutting effort, acknowledged that his declared goal of cutting $2 trillion in spending from the $6.8 trillion federal budget would be a long shot. “I think if we try for 2 trillion, we’ve got a good shot at getting 1,” Musk, the world’s richest person, said in a discussion on Wednesday with Mark Penn, a political strategist and former pollster. He described the $2 trillion target as a “best-case outcome.” Trump named Tesla (NASDAQ:) CEO Musk and former presidential candidate Vivek Ramaswamy to lead…
Industry-leading Fortinet (NASDAQ:) solutions protect and optimize traffic throughout all segments of the Steelers’s network SUNNYVALE, Calif., Jan. 09, 2025 (GLOBE NEWSWIRE) — News Summary Fortinet ® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced the Pittsburgh Steelers have deepened their use of the Fortinet Security Fabric platform to provide efficient and secure connectivity across all network segments, including corporate and football operations, merchandising and digital commerce, ticket operations, and public and private internet access. They also signed an agreement recognizing Fortinet as a Proud Partner for the 2024“2025 season. The Steelers are…