Author: Max Smith

Société Générale plans to sell its equipment financing division to peer group BPCE as it seeks to streamline its business under new chief executive Sławomir Krupa.The bank announced in a statement on April 11 that it had signed a memorandum of understanding to sell Société Générale Equipment Finance to Groupe BPCE, with an agreed sale price of 1.1 billion euros. The division provides loans and leases in the transport, industrial technology, healthcare and renewable energy sectors and currently has a loan balance of €15 billion. This equates to €8 billion in risk-weighted assets for his SocGen. read Societe Generale to…

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Adex TherapeuticsGeneva, Switzerland, April 11, 2024 – Addex Therapeutics (SIX and NASDAQ:ADXN), a clinical-stage pharmaceutical company pioneering allosteric modulation-based drug development, today announced that it will report its full-year 2023 financial results on April 18, 2024. CEO Tim Dyer and Mikhail Kalinichev, Head of Translational Science, will speak to investors, analysts and media at 16:00 CEST (15:00 BST / 10:00 EDT / 07:00 PDT) will provide business updates and reviews of his Addex product pipeline on conference calls and webcasts. same day.Title: Adex Therapeutics Announces Full Year 2023 Financial Results and Provides Company Update Date: April 18, 2023Time: 16:00 CEST…

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Nikola Jokic and the Denver Nuggets now have a very clear path to the No. 1 seed in the Western Conference playoffs.The Nuggets cruised past the Minnesota Timberwolves late on Wednesday night at Ball Arena in Denver, winning 116-107. The win broke the tie between the two franchises in the Western Conference standings and gave the Nuggets the right to claim the top seed in next week's playoffs.Both teams were locked in a battle throughout the night. It wasn't until Jokic and the Nuggets went on a 13-3 run midway through the fourth quarter that they were finally able to…

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With the 88th Masters fast approaching, the key question everyone’s asking is the same across the golf world: Who are you picking to win this year at Augusta National? With an extraordinary field featuring the best professionals and many of the top amateurs in the world, the first major championship of 2024 should be an epic ride from Thursday’s first round through the awarding of the green jacket early Sunday evening. While the Masters field is stacked, the last two champions — Scottie Scheffler and Jon Rahm — are riding momentum into the tournament. Rahm is seeking to become the…

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There are many words that inspire me. Let’s start with “Trigger”! Call me old-fashioned, but when I see the words “post-apocalyptic,” “steampunk,” “alternate history,” “retrofuturism,” and “based on video games,” I reach for the remote control. I'll put it away. All of this applies to the sprawling series “Fallout,” which is available to stream in its entirety on Prime Video today. “Fallout” is a role-playing video game series set in a grim future, approximately 200 years after some kind of nuclear disaster. This limited series stars Ella Purnell, Walton Goggins, Aaron Moten, and Kyle MacLachlan and features sentient robots and…

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Caitlin Clark's No. 22 jersey will be permanently retired from the Iowa Hawkeyes, the school announced Wednesday.Iowa State Athletic Director Beth Goetz announced the news during an end-of-season celebration attended by fans and the Hawkeyes women's basketball team at Carver-Hawkeye Arena.“We always knew your jersey was going to be hung in the rafters,” Goetz said. “It's an honor to now make it official. You will be the last person to wear number 22.”Clark will join Megan Gustafson and Michelle Edwards as the only retired numbers in program history.”It's just incredible. I'm so grateful,” Clark said. “There were a lot of…

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Legendary investor Robert Prechter says he wouldn't be surprised if the stock price corrected by 30%.Osaka Wayne Studio/Getty ImagesA top fund manager has warned that the stock market could see near-zero returns for a decade.This is because inflation and interest rates are likely to remain high.In the short term, he said, the stock market could see losses comparable to the dot-com bust and the 2008 crash.Investors rooting for this year's stock rally should be prepared that the good times are over and the S&P 500 risks dismal returns over the next 10 to 15 years.That's according to top 2% fund…

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