Business


Roth Capital Reiterates "Buy" Rating for Applied Optoelectronics Inc (AAOI)

Relative volume is ratio between current volume and 3-month average value, intraday adjusted. The stock has "Neutral" rating by BNP Paribas on Thursday, September 10. Forward P/E ratio is at 15.57. To Internet-based data center operators, it supplies optical transceivers that plug into switches and servers within the data center and allow these network devices to send and receive data over fiber optic cables.



BoE unlikely to hike rates until after Brexit deal finalised

This could mean a rate rise around the time Britain leaves the European Union at the end of March 2019. Carney said the bank hasn't tried to gauge what a messier Brexit outcome would look like. "Revisions to the MPC's forecasts suggest that it thinks the case for raising interest rates to cool inflation has weakened since its last Inflation Report ", he said.


Singapore's GIC slashes its UBS stake with RM6.9bil sale

Singapore's GIC slashes its UBS stake with RM6.9bil sale

GIC had bought into Switzerland's biggest bank by purchasing bonds that converted into stock during the financial crisis, when the bank was reeling from losses on subprime mortgage bonds. At the closing price, 93 million shares would be worth 1.54 billion Swiss francs ($1.55 billion). Reuters said GIC declined to comment on whether it still owned a slice of Citigroup, although Reuters data showed GIC was not listed as among the top 50 Citi shareholders on Monday.


Energy shares lead world stock losses on volatile oil price

Energy shares lead world stock losses on volatile oil price

Crude prices fell by as much as a further 3 per cent on Friday, after prices had crashed to five-month lows in the previous session. While the IEA still predicts a rapid reduction in the supply glut in the second half of this year if OPEC maintains its cuts, data available right now show few signs of success.


Eve Sleep Launches IPO to Raise Approximately £35M

Eve Sleep Launches IPO to Raise Approximately £35M

Eve will use the funds for advertising and marketing efforts and as general working capital to support and implement the growth strategy, including through deepening penetration within its ten existing markets, as well as expanding its product range.