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One week ago, Stifel analyst Derek Archila reiterated his "buy" rating on anti-cholesterol drugmaker Amarin (AMRN). He did this partly because he liked how Amarin's Q2 earnings report showed sales ...
Share repurchase, also known as share buyback or stock buyback, is the reacquisition by a company of its own shares. [ 1] It represents an alternate and more flexible way (relative to dividends) of returning money to shareholders. [ 2] When used in coordination with increased corporate leverage, buybacks can increase share prices.
Hayleys announced a stock split on January 21 of 2021 and it resulted in increasing market capitalization by over 100 billion rupees. All share price index surpassed 8000 points for the first as a result.
Central Bank of Sri Lanka bond scandal. Central Bank of Sri Lanka bond scandal which is also referred as CBSL bond scam was a financial laundering scam which happened on 27 February 2015 and caused losses of more than US$ 11 million to the nation. [1] The bond scam is also regarded as the largest reported financial scam in Sri Lanka despite the ...
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Sri Lanka has seen external instability from around late 2014 suffering two currency crises and low growth with the rupee falling from 131 to 182 to the US dollar by 2018. [6] Foreign debt rose from 30% of gross domestic product in 2014 to 41.3% in 2019 while total debt went up from 76% to 86% as growth slowed amid [ 7 ] Sovereign bond ...
Tesla stock was trading at $183.20 after hours on Wednesday, and its market capitalization has plunged by almost $700 billion since its peak a year ago. Musk said during Tesla’s Q3 earnings call ...
Still, ByteDance’s valuation of $223 billion is only 28% of Meta’s market cap of $789.5 billion. Comparing their revenue multiples, ByteDance would be worth 2.6x times its 2022 revenue, while ...