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Investing $50 in Lightchain AI- Can It Turn Into $5000 Like It Did with XRP in 2017 and SHIB in 2021?

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Investing $50 in Lightchain AI: Could It Turn into $5000?

Ozak AI Token Raises $780K in Presale Amid Market Shifts

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Ozak AI Token Secures $780K in Presale as AI Crypto Interest Grows

EU to Decide on AMD’s $4.9B ZT Systems Deal by March 12

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AMD’s $4.9B ZT Systems Deal Faces EU Antitrust Decision by March 12

Italian asset manager Anima Holding on Wednesday reported a 50% rise to 276.5 million euros ($288 million) in its 2024 adjusted consolidated net profit as acquisitions of new businesses pushed revenue higher. The group, which is the target of a 1.6 billion euros buyout offer from shareholder Banco BPM, has proposed a dividend of 0.45 euro per share, up from the 0.25 euro per share it paid the previous year. By 1250 GMT, the stock was up 3.6% at 7 euros per share, hitting its highest level since January 2016. The company results were bolstered by the contribution of real estate management company Vita, acquired in August 2024, as well as the businesses of Kairos and Castello SGR, purchased in May 2024 and in 2023, respectively. "Positive inflows, growing profitability, business diversification, strong capital generation, and attention to shareholder remuneration were the key elements for Anima in 2024," Chief Executive Officer Alessandro Melzi d'Eril said in a statement. Total revenue rose 44% from a year earlier to 530 million euros mainly due to higher commissions. Excluding the effect from acquisitions, revenue rose 33% compared to 2023. Total assets under management reached 204.2 billion euros at the end of December 2024 thanks to the addition of Kairos Partners and the positive performance of managed assets.

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Anima Reports 50% Profit Increase in 2024, Shares Surge

Ferrari sees further growth this year after beating forecasts in FY 2024

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Ferrari Expects Revenue & Earnings Growth in 2025

UK statistics boss says he is hoping for labour data overhaul in 2026

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UK Stats Chief Hopes for Labour Data Overhaul in 2026

Pfizer beats fourth-quarter profit estimates on cost-cutting efforts

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Pfizer Beats Q4 Profit Estimates, Driven by Cost-Cutting, Vaccine Sales

PepsiCo Forecasts Weaker Annual Profit Amid Slowing Demand

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PepsiCo Forecasts Weaker Annual Profit Amid Slowing Demand

Private Equity Firm Permira to Open Dubai Office This Year

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Private Equity Firm Permira to Open Dubai Office This Year

Goldman Sachs flags up to 3% hit to its S&P 500 earnings forecasts from Trump's tariffs

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Goldman Sachs Flags 3% Hit to S&P 500 Earnings from Trump’s Tariffs

Pound rises against euro after Trump hints UK may avoid tariffs

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Hedge Funds Dump Everything but Real Estate Stocks, Says Goldman Sachs

Hedge Funds Dump Everything but Real Estate Stocks, Says Goldman Sachs

Fin-Tech News

Hedge Funds Dump Everything but Real Estate Stocks, Says Goldman Sachs

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