Love them or Hate them, Meme Stocks are Back

NEW YORK, May 15 Reuters Meme stocks are soaring again, delighting fans, frustrating detractors and showing Wall Street that the social media force behind the wild GameStop rally in 2021 is still going strong. The American video game retailer is again the star, shooting up 340 over the last 10 trading days after a string of […]
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LSEG Investors Offload Shares Worth 2 bln

LONDON, May 15 Reuters A consortium of London Stock Exchange Group39;s investors sold 1.6 billion pounds 2 billion worth of shares in the company, bookrunner Morgan Stanley said on Wednesday, in a deal that ends Thomson Reuters39; interest in the firm. The consortium has sold an aggregate of approximately 17.3 million voting ordinary shares at a price […]
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E.ON Posts Stable Q1 Profits, Raises Investments by Quarter

FRANKFURT, May 15 Reuters E.ON on Wednesday posted firstquarter profits that were roughly stable yearonyear, adding that investments were up by around a quarter as Europe39;s biggest operator of energy grids is massively ramping up spending on grids. Firstquarter adjusted core profit EBITDA was up 1 at 2.745 billion euros, while adjusted net profit was up […]
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Granules India Posts Q4 Revenue Fall on Weak Paracetamol Sales, Price Erosion

BENGALURU, May 15 Reuters Drugmaker Granules India posted a 1.6 fall in fourthquarter revenue on Wednesday, hurt by a decline in paracetamol sales and price erosion. The company39;s consolidated revenue fell yearonyear to 11.76 billion rupees nearly 141 million for the three months to March 31. Granules, which focuses on making active pharmaceutical ingredients API, holds […]
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