Littelfuse raises dividend by 6.7% to $0.80 Source link

Perpetual futures are entering regulated markets, and the objection to them is serious: retail-driven, high-leverage instruments will import systemic risk. But the critique is aimed at the wrong target. Systemic risk in a derivatives market is a property of the venue on which the perpetuals are traded, not the contract.…

tupungato Deutsche Bank (DB) stock climbed 2.7% in Wednesday premarket U.S. trading after the largest German lender announced a new €500M ($569M) stock buyback. Furthermore, its Q2 results showed strong year-over-year revenue growth in its investment bank and private bank. “This Source link

BNY, which has more than $59tn in assets under custody and administration, is moving one of its core record-keeping businesses onto blockchain as Wall Street builds the infrastructure for tokenized funds, the Financial Times reported Thursday. “We think of BNY as modernizing a function that sits behind every single fund…

Image source: Getty Images After a long time in the doldrums, Greggs (LSE: GRG) shares are seemingly back in demand. As I type this, the FTSE 250 business’s value is up by 14% on the day (29 July)! This follows the release of its latest set of interim numbers. What’s…

By Jeff Altman, The Big Game Hunter Whether you are an executive or a member of staff, too many of you make these mistakes. My guest, Carol Kaemmerer, is the author of LinkedIn for the Savvy Executive https://amzn.to/38JgFFu. She and I share our experiences of mistakes people make too often.…

The Federal Reserve (Fed) will announce its rate decision at 2 p.m. ET today, followed by Chair Kevin Warsh’s press conference at 2:30 p.m. ET. Traders typically assign greater weight to FOMC meetings that come with updated economic projections and a “dot plot” of interest-rate forecasts. Today’s gathering lacks both.…

Fortrea Holdings press release (FTRE): Q2 Non-GAAP EPS of $0.23 beats by $0.05. Revenue of $678.2M (-4.5% Y/Y) beats by $30.61M. Book-to-bill ratio of 1.06x, resulting in 1.12x book-to-bill for the trailing 12 months. Adjusted EBITDA of $58.7 million. Cash Source link

Options are derivative contracts used by traders to hedge price volatility risks. A call option offers asymmetric upside exposure in the underlying asset for a small upfront payment, much like a lottery ticket. A put option represents an insurance against price drops. Exchanges typically follow a playbook when offering derivatives…

It raised $400 million in June through a private placement of convertible preferred shares and warrants. The preferred shares, priced at $53 each, converted into common stock upon completion of the listing. Investors agreed not to transfer the securities below $70 until six months after the listing, according to the…