News by Scott Kanowsky on Investing.com

Virgin Orbit shares slip as satellite firm announces 'operational pause' By Investing.com - Mar 16, 2023

By Scott Kanowsky Investing.com -- Shares in Virgin Orbit Holdings Inc (NASDAQ:VORB) shed nearly 40% of their value in premarket trading on Thursday after the U.S.-based satellite...

Axa shares tick higher after deputy CEO notes 'immaterial impact' from SVB failure By Investing.com - Mar 16, 2023

By Scott Kanowsky Investing.com -- Shares in Axa SA (EPA:AXAF) climbed on Thursday after the French insurer's deputy chief executive officer told a Morgan Stanley investor...

European banks rise after Credit Suisse secures support from Swiss authorities By Investing.com - Mar 16, 2023

By Scott Kanowsky Investing.com -- European banks marched higher on Thursday, spurred on by a jump in Credit Suisse (SIX:CSGN) shares after Swiss authorities promised to...

Pest control group Rentokil lifts savings guidance, citing Terminix deal benefits By Investing.com - Mar 16, 2023

By Scott Kanowsky Investing.com -- Rentokil Initial PLC (LON:RTO) reported full-year income that came in above analysts' expectations and raised its cost savings guidance,...

Deliveroo flags economic uncertainty ahead despite narrower annual loss in 2022 By Investing.com - Mar 16, 2023

By Scott Kanowsky Investing.com -- Deliveroo Holdings PLC (LON:ROO) reported a rise in annual revenue despite cost-of-living pressures hitting consumer spending habits, but...

Firm backed by UAE spymaster buys ByteDance stake at $220bn valuation - Bloomberg By Investing.com - Mar 15, 2023

By Scott Kanowsky Investing.com -- TikTok owner ByteDance was given a valuation of around $220 billion in a recent private investment from Abu Dhabi AI firm G42, Bloomberg...

Credit Suisse shares slump after top stakeholder rules out further assistance By Investing.com - Mar 15, 2023

By Scott Kanowsky Investing.com -- Shares in Credit Suisse Group AG (SIX:CSGN) plunged by as much as 30% on Wednesday, touching a fresh all-time low, after the Swiss bank's...

Credit Suisse, First Republic fall premarket; Lennar rises By Investing.com - Mar 15, 2023

By Scott Kanowsky Investing.com -- Stocks in focus in premarket trade on Wednesday, March 15th. Please refresh for updates. Shares in U.S. regional banks dropped, paring back...

U.S. stock futures drop amid fresh surge in banking sector concerns By Investing.com - Mar 15, 2023

By Scott Kanowsky Investing.com -- U.S. stock futures fell on Wednesday, with investors cautiously eyeing banks after a nascent recovery in the sector's shares lost steam in...

European banks slide amid concerns over fallout from SVB failure By Investing.com - Mar 15, 2023

By Scott Kanowsky Investing.com -- European banking stocks slumped sharply on Wednesday, as concerns over potentially widespread contagion from the downfall of Silicon Valley Bank...