Progress Software Corporation (NASDAQ:PRGS – Get Free Report)’s share price reached a new 52-week low during mid-day trading on Wednesday after Citigroup lowered their price target on the stock from $64.00 to $57.00. Citigroup currently has a neutral rating on the stock. Progress Software traded as low as $47.56 and last traded at $47.66, with … Read more
Anthropic launched a Financial Analysis Solution for its LLM Claude. The Financial Analysis Solution will enable finance professionals to analyze markets, automate workflows, and make investment decisions using integrated data from platforms like Databricks and Snowflake while keeping user data secure and private. With strategic partnerships spanning data providers and consulting firms, Claude is positioning … Read more
Xponance Inc. trimmed its position in shares of Royal Gold, Inc. (NASDAQ:RGLD – Free Report) (TSE:RGL) by 37.6% in the first quarter, HoldingsChannel reports. The institutional investor owned 8,548 shares of the basic materials company’s stock after selling 5,140 shares during the period. Xponance Inc.’s holdings in Royal Gold were worth $1,398,000 at the end … Read more
With the first half of 2025 behind us, it’s a good time to look forward to what the second half of the year will bring. The first two quarters were packed with change: from the stablecoin frenzy and cuts to the CFPB in the US, to new regulatory crackdowns across Europe and the reversal of … Read more
Xponance Inc. decreased its position in Unum Group (NYSE:UNM – Free Report) by 7.2% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 20,965 shares of the financial services provider’s stock after selling 1,626 shares during the period. Xponance Inc.’s holdings … Read more
Jumio and Prometeo have partnered to streamline identity and bank account verification across Latin America. The integration combines biometric authentication, AI, and Prometeo’s banking network to improve security, reduce operational time, and enhance user experience for fintechs and digital platforms. The two are aiming to help organizations meet regulatory requirements while scaling to meet growing … Read more
Arizona State Retirement System trimmed its stake in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM – Free Report) by 1.3% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 28,661 shares of the company’s stock after selling 388 shares during the quarter. Arizona State … Read more
Clarity AI has announced its acquisition of Sustainability-as-a-Service fintech ecolytiq. Terms of the transaction were not disclosed. The acquisition will add to Clarity AI’s suite of sustainability solutions and enhance the firm’s ability to embed sustainability intelligence into financial decision-making. ecolytiq introduced itself to Finovate audiences in 2021 as part of our developers conference FinDEVr. … Read more
Ballentine Partners LLC trimmed its holdings in shares of Snap-On Incorporated (NYSE:SNA – Free Report) by 3.1% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 1,236 shares of the company’s stock after selling 39 shares during the period. Ballentine Partners LLC’s holdings in Snap-On were worth $417,000 … Read more
Al Dominick December 12, 2024 The stage is set for a massive leadership transition that will reshape the foundation of the banking industry. Picture this: a tidal wave of change comes crashing over the financial services industry, sweeping away the old guard and ushering in a new era of leadership. Fiction? Not if you trust various … Read more