Market Updates

Market Updates

Britain’s IWG Sets Out Share Buyback Program

Britain’s IWG Sets Out Share Buyback Program

Britain’s IWG (IWG.L), the world’s largest shared office group, unveiled early on Tuesday a 100 million-pound ($121.5 million) share buyback program and also hiked its dividend after revenue jumped in the first half on the back of “invigorated” sales efforts and the introduction of new products. Total group sales jumped […]

by × August 6, 2019 × 0 comments

Market Updates

Asian ADRs Move Lower in Wednesday Trading

Asian ADRs Move Lower in Wednesday Trading

American depositary receipts of Asian stocks were trading 0.97% lower at 1,450.24 on the BNY Mellon Asia 50 ADR Index on Wednesday. In North Asia, the gainers were led by pharmaceutical company Takeda Pharmaceutical (TAK) and solar equipment provider ReneSola (SOL), which rose 3.8% and 2.8% respectively. They were followed […]

by × July 31, 2019 × 0 comments

Market Updates

Close-up photograph of stock market chart

European ADRs Just Higher in Friday Trading

American depositary receipts of European stocks were trading 0.08% higher at 1,044.08 on the BNY Mellon Europe Select ADR Index on Friday. In continental Europe, the gainers were led by brewing company AB InBev (BUD) and biopharmaceutical company MorphoSys (MOR), which rose 4.5% and 1.2% respectively. They were followed by […]

by × July 19, 2019 × 0 comments

Market Updates

Korn Ferry Fourth-Quarter Sales Beat Estimates

Korn Ferry Fourth-Quarter Sales Beat Estimates

Korn Ferry (KFY) released fresh guidance after markets closed on Thursday as it posted better-than-expected sales for its fiscal fourth quarter, which was supported by a single-digit increase in revenue from fees. The Los Angeles-headquartered management consulting firm generated revenue of $502.5 million in the three months ended April 30. […]

by × June 21, 2019 × 0 comments