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Better Than Expected Q1 Growth Leads UK Out Of Recession https://www.rttnews.com/3447040/better-than-expected-q1-growth-leads-uk-out-of-recession.aspx?type=alleco May 10, 2024 - The UK economy ended a technical recession in the first quarter with the economic output growing better than expected and also marked the strongest since late 2021 led by a rebound in the services output and household spending. Gross domestic product grew 0.6 percent from the fourth quarter, when the economy shrunk 0.3 percent, preliminary estimates from the Office for National Statistics showed.
QuickLogic (QUIK) Secures Five-year Contract for Its eFPGA IP https://www.zacks.com/stock/news/2236909/quicklogic-quik-secures-five-year-contract-for-its-efpga-ip?cid=CS-ZC-FT-analyst_blog|company_news_tech_sector-2236909 Mar 06, 2024 - QuickLogic's (QUIK) embedded FPGA IP is set to power the AI transformation of an unnamed multinational company for its capability to handle AI data acceleration algorithms.
UK GDP Rebounds On Services, Construction Output https://www.rttnews.com/3431902/uk-gdp-rebounds-on-services-construction-output.aspx?type=alleco Mar 13, 2024 - The UK economy rebounded in January on growth in services and construction output, underscoring that the country exited a technical recession. Gross domestic product posted an expansion of 0.2 percent in January, reversing a 0.1 percent fall in December, data from the Office for National Statistics revealed Wednesday. The rate came in line with economists' expectations.
bluebird bio Is Priced Below IP Value https://seekingalpha.com/article/4680031-bluebird-bio-is-priced-below-ip-value?source=feed_all_articles Mar 22, 2024 - bluebird bio's stock plummeted by 64% on safety concerns and high pricing for sickle cell treatment. Read why its potential sale value remains higher than its market cap.
International Paper (IP) Makes Takeover Offer for DS Smith https://www.zacks.com/stock/news/2246904/international-paper-ip-makes-takeover-offer-for-ds-smith?cid=CS-ZC-FT-analyst_blog|company_news_-_corporate_actions-2246904 Mar 27, 2024 - International Paper (IP) makes an all-stock offer for British paper and packaging company, DS Smith, valued at 5.72 billion pounds ($7.22 billion).
UK Economy Expands For Second Month https://www.rttnews.com/3438604/uk-economy-expands-for-second-month.aspx?type=alleco Apr 12, 2024 - The UK economy expanded for the second straight month in February suggesting that it is set to move out of a technical recession, thanks to the rebound in manufacturing output. Real gross domestic product edged up 0.1 percent on a monthly basis in February, the Office for National Statistics said Friday. The growth for January was revised higher to 0.3 percent from 0.2 percent.
Will International Paper (IP) Beat Estimates Again in Its Next Earnings Report? https://www.zacks.com/stock/news/2260466/will-international-paper-ip-beat-estimates-again-in-its-next-earnings-report?cid=CS-ZC-FT-tale_of_the_tape|yseop_template_7-2260466 Apr 23, 2024 - International Paper (IP) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

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