Raises
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Lululemon raises annual forecasts betting on robust holiday sales
LULULEMON Athletica increased its full-year forecasts on Thursday (Dec 5), betting on resilient demand for its athletic wear in the US during the holiday shopping season and continued strength in…
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Kosovo Raises Security After Blast, Serbia Denies Involvement
Kosovo stepped up security measures around “critical” infrastructure Saturday after an explosion at a key canal feeding two of its main power plants, as neighbouring Serbia rejected accusations it had…
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Philip Ng raises stake in Vitasoy, prompting speculation of takeover
CEO Roberto Guidetti says it’s ‘open’ to potential business collaboration as company’s shares jumped the most on record VITASOY International Holdings is “open” to potential business collaboration opportunities, chief executive…
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CrowdStrike raises annual forecast on steady cybersecurity demand
CYBERSECURITY firm CrowdStrike raised its annual revenue and profit forecasts and beat third-quarter revenue on Tuesday (Nov 26), betting on growing demand for cybersecurity services amid growing online threats. Businesses…
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Gap raises annual sales target betting on steady holiday demand
GAP raised its annual sales forecast on Thursday (Nov 21) and said the holiday season was off to a “strong start”, sending its shares up nearly 14 per cent in…
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China’s Trustar raises US$1 billion for vehicle that holds McDonald’s China stake: sources
TRUSTAR Capital has raised US$1 billion for a continuation fund that will hold the Chinese private equity firm’s controlling stake in McDonald Corp’s operations in mainland China and Hong Kong,…
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Walmart raises annual forecasts, betting on strong holiday shopping
WALMART on Tuesday (Nov 19) raised its annual sales and profit forecast for the third consecutive time, with people buying more groceries and merchandise online and at its stores, a…
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KKR raises offer for Fuji Soft to 1 yen above Bain’s rival bid
KKR & Co raised its offer price for Fuji Soft above a rival bid by Bain Capital, winning the backing of the Japanese software developer’s board. The private equity firm…
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DBS share buyback raises questions on capital management as counter hits all-time high
The buyback follows the move by Singapore’s largest lender to issue bonus shares in February to return capital to shareholders DBS has been active on the capital-management front in recent…
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Blinken In Brussels As Trump Win Raises Alarm Over Ukraine
US top diplomat Antony Blinken will meet with NATO and EU officials Wednesday to urgently discuss ramping up support for Ukraine before Donald Trump reclaims the White House — potentially…
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Trump Presidency Raises Fresh Conflict Of Interest Concerns
Donald Trump’s impending White House return poses questions once again about conflicts of interest related to his business empire, with new cryptocurrency and other ventures raising fresh concerns. The billionaire’s…
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Grab returns to profit in Q3, raises 2024 revenue forecast
Group-adjusted Ebitda is US$90 million for the quarter, an improvement of 224% year on year Grab on Tuesday (Nov 12) reported third-quarter earnings that showed it turning back to being profitable.…
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Grab returns to profit in third quarter, raises 2024 revenue forecast
Group-adjusted Ebitda is US$90 million for the quarter, an improvement of 224% year on year Grab on Tuesday (Nov 12) reported third-quarter earnings that showed it turned back to being…
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Expedia raises full-year guidance, beats on gross bookings
EXPEDIA Group posted better-than-expected grossing bookings in the third quarter and said it was raising its full-year guidance, suggesting that demand has proven stronger than the company had previously thought…
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CapitaLand Investment raises S$261 million for South-east Asia, India private funds
CAPITALAND Investment (CLI) has secured a S$261 million capital commitment from Mitsui OSK Lines for its South-east Asia and India private funds. Mitsui OSK Lines, a shipping major in Japan,…
