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EQB (TSX: EQB) sinks 10% as PC Financial growth meets credit-loss surge
EQB fell about 10% as credit provisions surged after the PC Financial deal. Can higher margins and C$30m of synergies lift returns?
Eiffage (EPA: FGR) drops 7.4% as €31.5bn backlog meets motorway traffic drag
Eiffage fell 7.4% despite a record €31.5bn backlog. Can stronger Contracting margins offset weakening motorway traffic and concessions?
Bilibili Inc. turned each daily user into 20% more advertising revenue in Q2
Bilibili Inc.’s advertising revenue rose 28% while daily users increased only 7% and total user time grew 14%. The underlying math suggests ad revenue per daily user increased about 20% and monetization per unit of attention improved roughly 11%.
Prudential (LSE: PRU) slips as $1.5bn buyback meets China growth risk
Prudential raised H1 new-business profit 8% and its buyback to $1.5bn. Can Hong Kong growth withstand rising China regulatory risk?
Bilibili users reach 117m a day as advertising becomes its largest revenue business
Bilibili Q2 profit jumped 55% as advertising revenue surged 28%, users spent 113 minutes daily and gross margin improved again.
Astrum Space agrees $1bn Black Spade SPAC as NEASTAR-1 launch risk shifts to public investors
Astrum Space has agreed to go public through Black Spade Acquisition III at an approximately $1 billion equity valuation, with $172.5 million in SPAC trust cash, $168 million of founder funding support and another 25.5 million shares tied to NEASTAR-1 development milestones.
Velocity Financial to pay $63m for Toorak platform as managed assets head toward $10bn
Velocity Financial is acquiring Toorak Capital’s operating platform for $63 million in cash and will manage a separate $3 billion loan portfolio, potentially lifting assets under management to about $10 billion while expanding annual origination volume by 76%.
Puravankara’s fifth Bengaluru land deal lifts FY27 GDV additions to Rs 6,300cr
Puravankara has signed a JDA for 7.83 acres in southeast Bengaluru carrying about â‚ą1,100 crore of projected GDV, taking its five FY27 Bengaluru land additions to 49.76 acres and roughly â‚ą6,300 crore of potential GDV.
Indiabulls (NSE: IBULLSLTD) adds Rs 3,700cr Dwarka Expressway project
Indiabulls has signed a development-management agreement for a 10.84-acre Dwarka Expressway residential project carrying about â‚ą3,700 crore of GDV, taking its disclosed real-estate portfolio to â‚ą27,308 crore.
Godrej Industries (NSE: GODREJIND) maps Rs 20,000cr Haryana investment
Godrej Industries Group has signed an MoU for around â‚ą20,000 crore of future Haryana investment, with Godrej Properties accounting for â‚ą16,000 crore and Godrej Ventures another â‚ą3,500 crore.