Overview

Dashboard News

Citi's Aggressive Bid Leads to $17 Million Loss on Aussie Block Trade

Citigroup Inc. secured the largest block trade in Australia in seven years by outbidding rivals for a stake in Goodman Group, offering a discount of 1.4% to 1.5% below the closing price. However, the deal fell apart, leaving the bank with unsold stock, resulting in a loss of $17 million. Other banks had proposed larger discounts of 3.5% to 4%.
Bloomberg.com
United States Dollar Goodman Group China Investment Corp. Citigroup Inc. AUS Show more
Finance & Economy, Market Report
04:39 05.12.2024

Vodafone Exits Indus Towers with Rs 2802 Crore Block Deal

Indus Towers' shares surged 5% following a block deal on December 5, where Vodafone Plc sold a 3% stake worth Rs 2,802 crore at an average price of Rs 354 per share. This sale marks Vodafone's complete exit from the Indian telecom equipment firm, driven by pressure from lenders to repay debts linked to its Indian assets. The stock has increased over 95% in the past year, raising its market capitalization to over Rs 96,000 crore.
Moneycontrol
Indian Rupee Vodafone Group Public Limited Company IND
Finance & Economy, Market Report
04:29 05.12.2024

Brokerage Updates Target Prices for Persistent Systems and Indus Towers

CLSA has raised its target for Persistent Systems to ₹8,462 per share, citing multiple growth drivers and improved margin forecasts, while Citi maintains a 'Buy' rating on Indus Towers with a target of ₹485 per share, anticipating significant dividends following Vodafone's stake sale. Additionally, Juniper Hotels has been initiated with a 'Buy' call and a target of ₹430 per share, benefiting from strong hotel demand growth in India.
Moneycontrol
United States Dollar Persistent Systems Limited Indus Towers Limited IND
Finance & Economy, Market Report
04:22 05.12.2024

Embracing the Bull Market Amid Shifts in Global Stock Dynamics

The US stock markets continue to dominate globally, with no imminent changes expected. While country indices may regain significance, it appears that sectors will lose some of their prominence. A consensus is forming around this perspective, suggesting a fundamental shift may be on the horizon.
The Market
United States Dollar Apple Inc. USA
Finance & Economy, Market Report
04:21 05.12.2024

Bitcoin reaches 100000 for first time as market cap hits 2 trillion

Bitcoin surged past $100,000 for the first time on December 4, 2024, elevating its market cap to $2 trillion. This milestone was fueled by the approval of spot Bitcoin ETFs, increasing institutional interest, and a favorable regulatory outlook under the incoming Trump administration. Over 87% of institutional investors plan to invest in digital assets in 2024, reflecting a significant shift in the market.
Crypto Briefing
MicroStrategy Inc USA Donald Trump Paul Atkins Jerome Powell Philipp Zentner Marko Jurina Show more
Finance & Economy, Market Report
04:19 05.12.2024

Raiffeisen Bank Shares Hit New Six Month High Amid Upward Trend

Raiffeisen Bank shares reached a new 6-month high of EUR 18.88 on December 4, 2024, marking a 7.02% increase since November 29. The stock is currently 3.99% above the 20-day moving average, indicating a positive trend across short, medium, and long-term horizons.
boerse.de
Euro Raiffeisen Bank International AG AUT Thomas Müller
TradFi, Market Report
04:18 05.12.2024

Retail Investors Remain Bullish Amid Foreign Selling in Indian Equities

Retail investors are actively buying stocks despite recent market volatility, purchasing over Rs 29,000 crore in October and Rs 9,100 crore in November. This comes as foreign institutional investors withdrew more than $13.5 billion from Indian equities, while domestic institutional investors made significant net purchases. Analysts suggest that the market correction has created opportunities for selective investments, particularly in large-cap stocks, despite ongoing challenges.
Moneycontrol
United States Dollar Indian Rupee Apple Inc. IND
Finance & Economy, Market Report
04:16 05.12.2024

Markets Aim for Fifth Consecutive Day of Gains with Key Stocks in Focus

Markets are poised to potentially extend their rally for a fifth consecutive day, with particular attention on Torrent Pharma and L&T. Investors are encouraged to stay updated with relevant content and transaction notifications.
Moneycontrol
L&T Torrent Pharmaceuticals Limited IND
Finance & Economy, Market Report
04:12 05.12.2024

Pro Medicus Surges After Major Contract Wins and Analyst Upgrades

Pro Medicus has seen a significant boost in market confidence, with Bell Potter upgrading its price target to $260, nearly doubling its previous estimate. The company recently secured a landmark 10-year, $330 million contract with a major U.S. hospital system, reflecting its successful transition to larger public systems. Despite impressive growth figures, including a 30%-40% increase in revenues, concerns about its high valuation persist, prompting some analysts to recommend caution before further investment.
IG
United States Dollar Pro Medicus Limited AUS Morgan Freeman Michael None
TradFi, Market Report
04:10 05.12.2024

JPMorgan Sees Buying Opportunity in South Korean Bank Stock Pullback

A recent decline in South Korean bank stocks, driven by political turmoil, presents a buying opportunity, according to JPMorgan analysts. The gauge for Korean bank stocks dropped by over 9% in two days, with KB Financial Group falling 9.2% and Shinhan and Hana Financial Groups losing more than 4%.
Bloomberg.com
South Korean Won Hana Financial Group Inc. Shinhan Financial Group Co., Ltd. KB Financial Group Inc. KOR Show more
Finance & Economy, Market Report
04:09 05.12.2024
Trending
Subcategory:
Stock Market Updates Industry Trends Corporate News Banking Regulations European Securities and Markets Authority Finance Mergers & Acquisitions Market Analysis and Predictions Global Financial Events Central Bank Actions Industry Mergers & Acquisitions Supply Chain Management Inflation and Monetary Impact Cryptocurrency Trends Retail and Consumer Goods Cryptocurrency Markets CEO Changes Corporate Social Responsibility Foreign Exchange Rates Real Estate Investments Workplace Trends
Countries:
USA CHE DEU CHN FRA SGP GBR SWE TWN HKG AUS ARE MYS KOR NZL ITA ESP JPN LUX IND
Companies:
Spotify Technology S.A. Michelin Credit Suisse High Yield Bond Fund, Inc. Apple Inc. Samsung Biologics Co.,Ltd. SAP SE UBS AG UBS Group AG SentinelOne, Inc. Taiwan Semiconductor Manufacturing Co Ltd Coinbase Global, Inc. Tesmec S.p.A. Berner Kantonalbank AG JPMorgan Chase & Co. Basellandschaftliche Kantonalbank Continental AG Continental Aktiengesellschaft SIEMENS HEALTHINEERS LENOVO GROUP CrowdStrike Holdings, Inc.
Currencies:
United States Dollar Euro Swiss Franc Chinese Yuan British Pound Sterling New Zealand Dollar Australian Dollar Singapore Dollar Indonesian Rupiah New Taiwan Dollar South Korean Won Vietnamese Đồng Danish Krone Canadian Dollar
People:
Donald Trump David Lesne Graham Doyle Joe Biden Zuzanna Pusz Chris Sanders Karen Freifeld Doina Chiacu Justin Sun Stewart Taylor Carsten Spohr Manik Narain Michael Briest Eva Dou Sergio Ermotti Alan Estevez Jelle Sels Will Mccurdy Joe McCann Ryan Mcmillin

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Links

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Save settings
Reset settings