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Earnings Forecasts & Projections

Banking group Royal Bank of Scotland has announced it is on course to pay its first dividend in 10 years, in signs that its financial position is strengthening.  Management plans to pay 2 pence a share as an interim dividend once it completes its US$4.9 billion settlement with the US Department...
National lender State Bank of India is reported to be considering a tie-up with cryptocurrency firm Ripple to power instant remittance payments into the country. The crypto-firm has seen rapid growth in interest in the country following news last month that Kotak Mahindra Bank would implement its xCurrent system for payments. India’s...
Hydrogen energy storage developer ITM Power has signed a strategic partnership deal with Sumitomo Corporation that will pave the way for "multi-megawatt projects" in Japan. “Japan is a strategically important territory for hydrogen. This partnership is based upon Sumitomo’s knowledge of Japan – the customer base and the compliance landscape. We’re...
Technology developer Highview Power has launched the world’s first liquid air energy storage plant opens near Manchester in the UK, potentially carving a new alterantive to the multi-billion dollar lithium ion (li-ion) battery sector for global energy storage. The pioneering liquid air energy storage (LAES) plant in Pilsworth will act as...
European banking group Rabobank is reportedly exploring options to deploy its own cryptocurrency wallet as it also conducts parallel trials with Ripple’s  Xcurrent system and interledger protocols. The Dutch bank has developed the cryptocurrency project under its internal “Moonshot” program and is now planning to launch a wallet “within its...
The unique combination of anonymity and traceability that Bitcoin offers for financial transactions is the main driver for growth, according to new research from The Association of Financial Analysts. Around a third of respondents backed these twin factors as the biggest driver for growth. Bitcoin has become the most prominent...
Engine maker Rolls-Royce has signed a £160 million contract with metals and alloys treatment company Bodycote. The contract was awarded by Rolls-Royce's aerospace arm and will cover provision of heat treatment and thermal processor components over a 15 year period. Macclesfield-based Bodycote improves and protects the properties of...
The cryptocurrency sector may be set to grow significantly, hitting a record US$1 trillion in the next six months, according to a new survey by The Association of Financial Analysts. In total, the largest proportion of respondents (42 percent) expected the market to return to growth, either returning to the...
Following the successful launch of trading in shares of music streaming giant Spotify on the New York Stock Exchange this week the firm is reported to be considering options to expand into the hardware space, through new hires and potential acquisitions. The firm shunned a traditional IPO and instead opted...
Music streaming giant Spotify has beat early targets with two upward revisions to its indicated opening price, raising its price per share from US4132 suggested yesterday to a range of US$160 - US$165 per share ahead of the first day of trading on the New York Stock Exchange. Following two...