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Tag: Report

WisdomTree shares pop on report of JP Morgan interest in buying an ETF firm

WisdomTree shares pop on report of JP Morgan interest in buying an ETF firm

Finance
Shares of WisdomTree Investments jumped more than 6 percent Friday after reports that JP Morgan Chase is shopping for an exchange-traded fund firm.The U.S. bank's asset-management unit is looking to up its presence in the growing $ 3 trillion-plus ETF market, Bloomberg reported, citing two people who asked not to be identified. The bank spoke with the U.S. businesses of ETF Securities, and had talks with Global X, which was recently bought by South Korea's Mirae Asset Management, according to the report.WisdomTree stock closed at $ 10.41 Friday following the report, and is up more than 18 percent year over year.J.P. Morgan, which launched its first ETF product in 2014, would be entering the market after strong inflows last summer. More than $ 23 billion of investor money entered the market...
GB's Parsons in skeleton medal contention – highlights & report

GB's Parsons in skeleton medal contention – highlights & report

Sports
Media playback is not supported on this device XXIII Olympic Winter GamesVenue: Pyeongchang, South Korea Dates: 9-25 FebruaryCoverage: Watch live on BBC TV, Red Button, Connected TVs, BBC Sport website and mobile app. Full coverage timesDom Parsons put himself in contention to win Great Britain's first medal of the 2018 Winter Olympics at the halfway stage of the men's skeleton.The 30-year-old is fourth, 0.03 seconds behind Latvia's Martins Dukurs, after setting a combined time of one minute 41.26 seconds in Pyeongchang.South Korea's Yun Sung-bin leads on 1:40.35, with Nikita Tregubov, an Olympic Athlete from Russia, second and Briton Jerry Rice 12th.The competition finishes on Friday.Live: Watch the latest Winter Olympics actionDo GB's ...
Led by PSBs, NPAs soar 34.5% in Q3; pain to linger on: Report

Led by PSBs, NPAs soar 34.5% in Q3; pain to linger on: Report

Finance
The issue of impaired assets may be far from over for the banking system as gross non- performing assets have grown by 34.5 per cent in the December quarter, says a report. Even as bankers guide towards a better position with regard to bad loans, rating agency Care has said the issue of impaired assets is not yet over, including on recognition and accretion of loans into the dud assets category. In the report based on the performances of 30 lenders, including 17 private sector banks and 13 state-run ones, the agency said the quantum of gross NPAs moved up to 9.45 per cent as of December from 8.34 per cent a year ago. While private sector banks' bad loans ratio was maintained broadly at 4.1 per cent, their state-run counterparts registered a spike in the proportion of dud assets a...
Laidlaw kicks Scotland to victory over France – highlights & report

Laidlaw kicks Scotland to victory over France – highlights & report

Sports
Media playback is not supported on this device 2018 Six NationsScotland (14) 32Tries: Maitland, Jones Cons: Laidlaw 2 Pens: Laidlaw 6France (20) 26Tries: Thomas 2 Cons: Machenaud 2 Pens: Machenaud 2, Serin 2Scotland put defeat by Wales behind them to overcome France at Murrayfield and revive their Six Nations campaign.The first of two Teddy Thomas tries put France into an early 10-0 lead before Sean Maitland crossed for Scotland.Thomas gathered a lucky bounce to score again but the hosts replied via Huw Jones' try, only for Maxime Machenaud's second penalty to put France 20-14 up.Greig Laidlaw kicked six penalties, to two from Baptiste Serin, to steer the Scots home in a tense second half.Scotland will next face reigning champions Englan...
'Golf courses crumbling into the sea' – Open venues could disappear, says new climate report

'Golf courses crumbling into the sea' – Open venues could disappear, says new climate report

Sports
Open Championship venues such as St Andrews and Royal Troon could be under water by the end of the century if sea levels rise even slightly as a result of climate change, according to a new report.The Climate Coalition says golf, football and cricket face an "unexpected threat", with cricket to be the "hardest hit".The report predicts "cancelled football matches, flooded cricket grounds and golf courses crumbling into the sea".It adds that rising winter temperatures mean the Scottish skiing industry could collapse within 50 years.The report says six of the UK's seven wettest years on record have occurred since 2000, with cricket's County Championship already losing thousands of overs every season."Climate change is already impacting our ability to play and watch the sports we love," said t...