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Why Is Everyone Talking About OPKO Health Stock?

6 years 5 months ago
OPKO Health (NASDAQ: OPK) is a highly shorted stock -- 24% of its float is sold short. What this means is that institutions and other investors have borrowed almost a quarter of its shares and sold them on the market, in hopes of being able to profit by repurchasing them later
The Motley Fool

BlackRock assets, profits sink as investors pull funds

6 years 5 months ago
The world's biggest asset manager BlackRock Inc saw the capital it manages fall by almost $1 trillion in the first quarter as investors pulled money out of its marquee funds amid the most damaging stock market selloff in more than a decade.
Reuters

Informa launches share sale, suspends dividend

6 years 5 months ago
Informa, the world's largest organiser of business conferences and exhibitions, launched an issue of shares worth 20% of capital and suspended its dividend on Thursday, as the coronavirus forced the cancellation or rescheduling of hundreds of events.
Reuters

Sherborne to withhold vote against Barclays boss in AGM

6 years 5 months ago
Sherborne Investors said on Thursday it would withhold its vote against Barclays Chief Executive Jes Staley in the lender's upcoming general meeting, to prevent fresh boardroom turmoil as the bank grapples with the fallout from COVID 19.
Reuters

TP Group to deliver new on-site oxygen system for medics in H2

6 years 5 months ago
UK defence and space technology firm TP Group hopes to produce a new on-site oxygen production system for hospitals in the second half of this year, accelerating an existing programme based on submarine technology to provide gas used for the treatment of COVID-19, the company said on Thursday.
Reuters

European shares bounce as airlines pitch recovery

6 years 5 months ago
European shares rose in early trading on Thursday as daily coronavirus death tolls in both Spain and Italy eased, while a defiant statement on the crisis from two of the continent's big budget airlines helped battered travel stocks recover.
Reuters

Germany sets up protective shield for credit insurers

6 years 5 months ago
Germany's Finance Ministry said on Thursday that the government was setting up a protective shield for credit insurers for 2020 that amounts to 30 billion euros ($32.66 billion) and will guarantee business volume of around 400 billion euros.
Reuters

Rentokil Initial Q1 Ongoing Revenue Up 7.2% At CER - Quick Facts

6 years 5 months ago
(RTTNews) - Rentokil Initial (RTO.L, RTOKY.PK) reported that its first quarter Group ongoing revenue rose by 7.2% year-on-year. Ongoing operating profit increased slightly ahead of revenue in the three months to 31 March 2020. Group net operating margins grew in line with expect
RTTNews

Asian Markets Lower, New Zealand Bucks Trend

6 years 5 months ago
(RTTNews) - Asian stock markets, with the exception of New Zealand, are lower on Thursday following the sharp losses overnight on Wall Street as weak U.S. economic data and corporate earnings results pointed to the damaging economic impact of the coronavirus pandemic.
RTTNews
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