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FTSE 100 today: Marginally higher as earnings roll in; UK factory exports slump

FTSE 100 today: Marginally higher as earnings roll in; UK factory exports slump

U.K. factory exports in April tumble Rio Tinto (NYSE:RIO) investors reject proposal to review dual listingLloyds sees lower Q1 profit as tariff risks weighRolls-Royce (OTC:RYCEY) maintains 2025 outlook Persimmon shares up on positive full-year outlookInvesting.com -- Britain’s stock index edged ever so slightly higher on Thursday as investors digested mixed corporate earnings with atten ...

2025-05-02 02:48:39
KKR looks to deploy $116 billion cash in choppy market after profit boost

KKR looks to deploy $116 billion cash in choppy market after profit boost

By Niket Nishant (Reuters) - Investment giant KKR is ready to put its $116 billion of capital to use as market volatility creates fresh opportunities, it said after posting a nearly 20% jump in first-quarter profit on Thursday. While tariff-driven turbulence has stirred concerns over limited exit opportunities, top KKR executives said its global footprint and asset mix have put it in a better posi ...

2025-05-02 02:47:35
Biogen’s results beat estimates on strength in rare disease drugs

Biogen’s results beat estimates on strength in rare disease drugs

By Mariam Sunny and Christy Santhosh (Reuters) - Biogen (NASDAQ:BIIB) beat first-quarter profit and revenue expectations on Thursday, as strong demand for its rare disease drugs helped offset declining sales of its multiple sclerosis medicines. The drugmaker has focused on deals, cost-cutting measures and newer drugs to address investor pressure for growth as demand falls for its once top-selling ...

2025-05-02 02:46:35
William Blair ’not surprised’ by Olo takeover rumors, highlights 4 possible buyers

William Blair ’not surprised’ by Olo takeover rumors, highlights 4 possible buyers

Investing.com -- Shares of Olo Inc (NYSE:OLO) gained 11.6% Thursday following reports from Bloomberg News Wednesday afternoon that the company is exploring a takeover after receiving interest from potential buyers.The deliberations are said to be in the early stages, with companies like Toast (NYSE:TOST) and Oracle Corporation (NYSE:ORCL) mentioned as potential buyers.William Blair analys ...

2025-05-02 02:45:32