Funding Circle's shares fell 3% to 193.20p despite strong first-half results showing a 302% rise in pre-tax profit to £24.1 million and 50% revenue growth to £138.2 million. The CEO, Lisa Jacobs, plans to leave by September 2027, but analysts expect a smooth transition due to management depth. The company raised its 2026 revenue and profit guidance, prompting Cavendish to increase its profit forecasts and highlight a £25 million share buyback. The broker views the current share price drop as a buying opportunity, anticipating further upgrades if upcoming government budget announcements positively impact business confidence.
Argus Research increased its price target for NetApp to $225, citing a 13.5% potential upside from the current price of $198.18. NetApp reported strong fiscal Q1 2027 results with revenues up 29.9% to over $2 billion and non-GAAP EPS rising 66.5% to ...
New Jersey American Water received approval for rate increases that will add $68 million annually to its revenue. This funding supports over $1.4 billion in critical infrastructure upgrades, including replacing aging water mains and improving treatme...
Ethereum (ETH) surged over 6.5% in under an hour to reach $2,663, its highest since February, following U.S. Consumer Price Index data that met expectations. This rally triggered $215 million in short position liquidations and reduced ETH's year-to-d...
SCHD and JEPI ETFs serve different income strategies: SCHD focuses on steady, growing dividends from strong company cash flows, ideal for long-term compounding and taxable accounts. JEPI provides higher monthly income by selling options, generating f...
abrdn U.S. Closed-End Funds announced dividend payments on September 30, 2026, for shareholders recorded by September 22, 2026. The distributions vary by fund, with amounts ranging from $0.02 to $0.26 per share. The abrdn Global Infrastructure Income...
