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VMAR News14 articles
Bradesco Shares Fall on Rising Credit Provisions Despite Profit Growth
Bradesco's New York-listed shares slipped Friday despite a 16.1% profit beat, as a 26.5% surge in loan-loss provisions and broader banking sector strains drove investor caution.
Bradesco Shares Slip Despite Profit Jump as Loan Provisions Rise
Bradesco's preferred shares fell 2.31% despite a 16.1% profit jump, as higher loan-loss provisions and credit quality concerns weighed on investor sentiment.
Entravision Soars 94% on AI Ad-Tech Revenue Surge
Entravision Communications (EVC) stock nearly doubled after Q1 revenue surged 114% to $196.97M, with its AI-powered ad-tech unit driving a 204% revenue jump.
Markets Brace for Jobs Data, Fed Divisions, and Earnings Wave
The S&P 500 and Nasdaq hit record highs, but a busy week of earnings, jobs data, and Fed divisions looms, testing the rally's durability.
Oil Surge, Fed Divisions, and Mixed Tech Earnings Test AI Rally
U.S. stock futures declined Thursday as oil prices surged and the Fed's divided stance on inflation overshadowed strong cloud earnings from Alphabet and Amazon.
ASX 200 Holds Steady Near 9,000 as Bank Provisions and Refinery Woes Weigh
Australian shares saw muted gains on Monday, with the benchmark index rising marginally as strength in gold miners countered weakness in financials and energy. The market remains cautious amid rising credit provisions and geopolitical oil price pressures.
Ondas Shares Slide on Accounting-Driven Profit Revision
Ondas Holdings shares declined 6.4% following a revised financial outlook that attributed a $102 million profit boost to an accounting adjustment rather than operational improvement. The company maintained its revenue guidance.
Ondas Stock Drops Despite Q4 Profit Revision Ahead of Earnings
Ondas Holdings shares declined 5% to $10.19 after the company updated its Q4 forecast from a loss to a profit, citing a $102 million non-cash accounting gain. Revenue guidance remains unchanged.
Denison Mines Shares Slide Amid Phoenix Uranium Project Cost Revisions
Denison Mines Corp. shares declined 6.3% to $3.58, underperforming the broader market, following an increased capital estimate for its flagship Phoenix uranium project. The company reported a significant 2025 net loss of $217.3 million against modest revenue.
Rentokil Posts Higher Profit, Boosts Termite Provision as Chair Plans Exit
Rentokil Initial announced a 4% increase in adjusted pretax profit for 2025, driven by improved North American performance. The company also significantly raised its provision for termite damage claims and revealed its chairman will step down.
Indian Markets Brace for Volatility Amid AI Fears, GDP Revision, and Shortened Week
Indian equities closed February with significant losses, led by a historic selloff in IT stocks due to AI earnings fears. A shortened trading week and revised GDP data add to market uncertainty.
Indian Markets Stagnate Ahead of Key GDP Revision; IT Sector Slumps
Indian equity benchmarks ended nearly unchanged on Thursday, with the Nifty 50 edging up 0.06% to 25,496.55. Investor focus shifts to Friday's revised GDP figures and a critical base-year update.
OmniVision Greenshoe Exercise Concludes, Shares to Trade Without Stabilization
OmniVision Integrated Circuits announced underwriters partially exercised the over-allotment option, issuing 4.94 million H shares at HK$104.80 each, raising HK$511.2 million. The stabilization period ended February 6.
Santander Gains on Buyback and US Acquisition, Faces UK Provision
Banco Santander shares rose 1.85% Friday following a €5.03 billion share repurchase plan and a $12.2 billion deal for Webster Financial. The bank also increased its UK motor finance provision to £461 million.