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CML Microsystems sees faster return to profit on firmer demand

CML Microsystems said it expects to return to operational profitability earlier than previously anticipated, after a firmer start to its financial year. It was a short announcement from CML Microsystems on Tuesday, but it did the job for the equity bulls with shares rising 6% on Tuesday morning. In a trading update at its annual […]The post CML Microsystems sees faster return to profit on firmer demand appeared first on UK Investor Magazine.

Seeing Machines swings to profit in H2 as EU safety rules drive royalties

Seeing Machines shares rose on Tuesday as it said it reached an “inflection point” in its latest financial year, swinging to profitability in the second half as tighter European vehicle-safety rules drove a surge in high-margin royalty income. The maker of AI-powered driver monitoring technology reported surging revenue, up 45% to US$76.3m for the year […]The post Seeing Machines swings to profit in H2 as EU safety rules drive royalties appeared first on UK Investor Magazine.

Rank Group: this week’s Finals look for increased NGR, profits, earnings and net cash, while shares at 10 times pe offer good upside, well worth a spin!

This Thursday, 13th August, the £486m-capitalised Rank Group (LON:RNK) will report its Final Results to end-June – and they promise to be very positive.  The Business  With a history dating back to 1937, today the?Rank Group is a leading UK-based entertainment and gaming company operating casinos, bingo clubs, and online gambling platforms.  It operates both?physical venues and digital platforms, providing a wide range […]The post Rank Group: this week’s Finals look for increased NGR, profits, ...

Retail Footfall Fell on Lower Tourism, Says Spinneys CEO

Dubai-listed Spinneys reported profit for 2Q of AED90.6 million. The retailer says revenue dipped slightly, hit by regional geopolitical tensions that disrupted supply chains and cut store footfall. Sunil Kumar, CEO of Spinneys spoke to Bloomberg’s Abeer Abu Omar on Horizons Middle East and Africa. (Source: Bloomberg)

Duolingo earnings put a Wall Street warning to the test

Duolingos latest quartergave investors fresh evidence that user growth is accelerating, but one Wall Street firm still sees a problem with what the market is paying for the language-learning company. Duolingo (DUOL) reported second-quarter revenueof $298.5 million, up 18% from a year earlier, ...

September BOJ Hike May Be Insufficient to Boost Yen, Rabobank Says

"My gut feeling is they need more," says Jane Foley, head of FX strategy at Rabobank, when asked on Bloomberg Television about whether an interest-rate hike by the Bank of Japan at its next policy meeting will be enough to prompt yen appreciation. (Source: Bloomberg)

Sechs neue ETFs im Handel

Diese Anlagethemen erweitern das Angebot: afrikanische Staatsanleihen, globale Aktienmärkte auch mit Hebel, Faktorstrategien für europäische Aktien, weltweite Diversifikation, europäische Standardwerte.

Construction Giant L&T Said to Plan India Rare-Earth Magnet Bid

Larsen & Toubro Ltd. plans to manufacture rare-earth magnets in India, said people familiar with the matter, as the engineering giant rides a government push to reduce a reliance on imports and loosen China’s stranglehold over the critical industrial component.