Raises
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LVMH’s Publicity In Olympics Ceremony Raises Eyebrows
LVMH’s high profile and highly visible product placement in the Paris Games opening ceremony surprised marketing experts and raises the possibility it could cause problems for the International Olympic Committee…
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Kamala Harris Campaign Shatters Record with 164,000 White Women on Zoom Call, Raises $2 Million in Less than an Hour
Kamala Harris’ presidential campaign has launched with unprecedented success. Over 164,000 white women gathered online for a historic fundraising event endorsed by Barack and Michelle Obama. The event, titled “White…
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AstraZeneca raises profit outlook on strong medicines demand
Anglo-Swedish drugmaker AstraZeneca raised its full year sales and profit forecast on Thursday (Jul 25) after beating analyst expectations for second-quarter revenue on strong demand for its cancer, rare disease…
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OneStream IPO raises US$490 million priced above range
ONESTREAM and a group of shareholders including KKR & Co raised about US$490 million in a US initial public offering, pricing its shares above a marketed range. The software company…
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Best World raises stake in British beauty firm Pedal Pulses
Total purchase consideration of about S$5.5 million is not materially different from the one announced in April 2020 BEST World International has raised its stake in British beauty company Pedal…
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Coca-Cola raises annual sales, profit forecasts on steady demand
COCA-COLA raised its annual organic sales and profit forecasts on Tuesday (Jul 23), signalling consumers are willing to spend more for the beverage giant’s higher-priced sodas, energy drinks and juices…
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Kamala Harris Secures Enough Delegates For Democratic Nomination, Raises $81M
Kamala Harris crossed the threshold to secure the Democratic nomination for U.S. presidential election on Monday evening, propelled by state delegations, following endorsements from potential rivals, lawmakers, governors, and key…
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Brokers’ take: RHB expects UOB’s valuation to provide downside support; raises target to S$32
Efforts to build up the bank’s wholesale platform look to be ‘bearing fruit’, RHB notes RHB on Tuesday (Jul 23) raised its target price on UOB to S$32 from S$30.10…
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Brokers’ take: Maybank raises Dyna-Mac target on higher earnings forecast
MAYBANK Securities raised its target price on Dyna-Mac, after the offshore oil and gas contractor said it expects a “significant improvement” in net profit for the first half of 2024.…
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Brokers’ take: RHB raises ST Engineering target on upbeat dividend, profit growth
This comes after the group increases its commercial aerospace capabilities with new contracts RHB Research has lifted its target price on ST Engineering by 11.1 per cent to S$5 from…
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CrowdStrike Crash Raises Questions About Tech Dependency
Catastrophic computer outages caused by a software update from one company have once again exposed the dangers of global technological dependence on a handful of players, experts warned on Friday.…
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Abbott raises annual profit forecast as strong medical device sales power quarterly beat
The company now expects a profit of US$4.61 to US$4.71 per share for the full year ABBOTT Laboratories raised its annual profit forecast and beat Wall Street estimates for second-quarter…
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Teamsters’ O’Brien’s Surprising Praise For Trump At RNC Raises Eyebrows
Sean O’Brien, the president of the Teamsters union, delivered a speech at the Republican National Convention in Milwaukee, marking the first time a leader of the union has addressed the…
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JPMorgan raises US$9 billion of bonds in post-earnings spree
JPMORGAN Chase is selling US$9 billion of bonds in the US investment-grade market, the first in what’s expected to be a flood of issuance from Wall Street’s six biggest banks.…
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Copa Chaos Raises Concerns For 2026 World Cup
The chaotic scenes at the Copa America final have raised serious questions for the organizers of the 2026 World Cup which will be held in North America. The start of…