CLSA upgraded KB Financial from Outperform to Buy

SC 13G/A - KB Financial Group Inc. (0001445930) (Subject)

SC 13G/A - KB Financial Group Inc. (0001445930) (Subject)

SEOUL, South Korea, April 26, 2024 /PRNewswire/ -- On April 26, 2024, KB Financial Group Inc. filed its Annual Report on Form 20-F for the year ended December 31, 2023 with the U.S. Securities and Exchange Commission. The 2023 Annual Report on Form 20-F can be downloaded from www.kbfg.com, as well as from the website of the U.S. Securities and Exchange Commission at www.sec.gov. Investors may request a hard copy of the 2023 Annual Report on Form 20-F, free of charge, by contacting [email protected].  About KB Financial Group Inc. KB Financial Group is Korea's leading financial services provider, offering a broad range of financial products and services. The Group was founded in 2008 to better

REDWOOD CITY, Calif., April 3, 2024 /PRNewswire/ -- FriendliAI, a frontrunner in inference serving for generative AI, is thrilled to announce Friendli Dedicated Endpoints, which offers the capabilities of Friendli Container as a managed service. This latest addition to the Friendli Suite eliminates the complexities of containerization and development, providing customers with automated, cost-effective, and high-performance custom model serving.  Friendli Dedicated Endpoints is the managed cloud service alternative to Friendli Container. Friendli Container, currently adopted by startups and enterprises alike to deploy Large Language Models (LLMs) at scale within private environments, shows s

SEOUL, South Korea, April 3, 2024 /PRNewswire/ -- RSN, a leading player in AI-driven big data analytics, has secured a prestigious spot in the coveted "2024 Asia-Pacific High Growth Company" list, announced by none other than the renowned Financial Times. This acknowledgment serves as a testament to RSN's exceptional performance and significant impact on the technology landscape. Collaborating with Statista, a globally recognized research organization, Financial Times meticulously selects the top 500 high-growth enterprises from over 15,000 companies across 13 countries in the

REDWOOD CITY, Calif., Jan. 4, 2024 /PRNewswire/ -- FriendliAI, a leader in inference serving for generative AI, announced the launch of Friendli Serverless Endpoints today for accessible development with generative AI models. This service removes the technical barriers of managing the underlying infrastructure, putting the power of cutting-edge generative AI models directly into the hands of developers, data scientists, and businesses of all sizes. "Building the future of generative AI requires democratizing access to the technology," says Byung-Gon Chun, CEO of FriendliAI. "With Friendli Serverless Endpoints, we're removing the complicated infrastructure and GPU optimization hurdles that h

Seoul-based Leading Fashion Platform partners with 88rising's prominent music festival in LALOS ANGELES, Aug. 3, 2023 /PRNewswire/ -- MUSINSA, a Seoul-based fashion e-commerce store, is set to kick off its US marketing campaign at the Head in the Clouds Music & Arts Festival at the Rose Bowl in Pasadena on the 5th and 6th of this month. In collaboration with festival organizers, 88rising, MUSINSA will partner with top influencers to showcase its trendsetting K-fashion brands. Head in the Clouds Music & Art Festival, a music festival featuring talented artists across the Asian dispora, will see renowned social media figures with their favorite K-fashion brands' items available on MUSINSA. Fur

SEOUL, South Korea, April 26, 2023 /PRNewswire/ -- On April 26, 2023, KB Financial Group Inc. filed its Annual Report on Form 20-F for the year ended December 31, 2022 with the U.S. Securities and Exchange Commission.  The 2022 Annual Report on Form 20-F can be downloaded from www.kbfg.com, as well as from the website of the U.S. Securities and Exchange Commission at www.sec.gov. Investors may request a hard copy of the 2022 Annual Report on Form 20-F, free of charge, by contacting [email protected].   About KB Financial Group Inc. KB Financial Group is Korea's leading financial services provider, offering a broad range of financial products and services. The Group was founded in 2008 to better

-         KB Kookmin Bank to join GLN network to expand Korea-driven global payment network -         Korean financial groups cooperate to strengthen global payment network and lead the future financial ecosystem -         KB Kookmin Bank to provide mobile payment and ATM withdrawal service to customers in Thailand, Taiwan, Singapore, Japan, Vietnam, Laos, Hong Kong, Guam and others through GLN SEOUL, South Korea, Dec. 18, 2022 /PRNewswire/ -- GLN International (GLN), the global payment network company established by Hana Financial Group, signed MOU with KB Kookmin Bank to join the global payment network.

SEOUL, South Korea, Nov. 7, 2022 /PRNewswire/ -- Wavebridge has signed a Memorandum of Understanding (MoU) with KB Financial Group, a major South Korean financial holding firm, for a strategic partnership to jointly establish a digital asset ecosystem. Under the agreement, the two parties will seek close cooperation to enhance the global competitiveness of digital asset business sectors and work together to proactively respond to digital asset market environment changes, such as regulatory trends. Accordingly, Wavebridge will boost cooperation with several units of KB Financial Group. With KB Kookmin Bank, the banking subsidiary of the group, the two will drive progress in advancing KB's AI

SEOUL, South Korea, April 27, 2022 /PRNewswire/ -- On April 27, 2022, KB Financial Group Inc. filed its Annual Report on Form 20-F for the year ended December 31, 2021 with the U.S. Securities and Exchange Commission.  The 2021 Annual Report on Form 20-F can be downloaded from www.kbfg.com, as well as from the website of the U.S. Securities and Exchange Commission at www.sec.gov. Investors may request a hard copy of the 2021 Annual Report on Form 20-F, free of charge, by contacting [email protected].     About KB Financial Group Inc. KB Financial Group is Korea's leading financial services provider, offering a broad range of financial products and services. The Group was founded in 2008 to bette

NEW YORK, Sept. 7, 2021 /PRNewswire/ -- RM GLOBAL PARTNERS, LLC (RMG) today announced that it has launched the RMG-KB BioAccess Fund, L.P. (the "Global BioAccess Fund") with KB Investment Co. Ltd. (KBI). The fund, which completed its first closing of $60 million, will focus exclusively on innovative venture investments in biopharmaceuticals and medical technology worldwide. This latest fund represents a significant expansion of the principal investment business of RMG, building on the team's 25-plus year history in life sciences banking, investment and innovation.  KBI brings unique expertise and capabilities with more than 30 years of investment history to the fund. The RMG managing directo

These twelve large-cap stocks were the best performers in the last week. Are they in your portfolio? Sirius XM Holdings Inc. (NASDAQ:SIRI) shares jumped 34.91% in the last week. Tesla, Inc. (NASDAQ:TSLA) shares increased 26.01% as the second quarter’s deliveries exceeded expectations. Also, several state-owned firms in Shanghai purchased the Model Y. Paramount Global (NASDAQ:PARAA) stock gained 15% in the last week after Skydance reportedly reached a preliminary agreement to acquire National Amusements and planned to merge with Paramount Global. Reddit, Inc. (NYSE:RDDT) stock increased 13.50%. Loop Capital maintained Reddit with a Buy rating and raised the price target from $60

U.S. stocks were higher, with the Dow Jones jumping over 150 points on Friday. Shares of Skechers U.S.A., Inc. (NYSE:SKX) rose sharply during Friday's session after the company reported better-than-expected first-quarter FY24 earnings. Skechers reported first-quarter FY24 sales growth of 12.5% year-on-year to $2.251 billion, beating the analyst consensus estimate of $2.204 billion. EPS of $1.33 beat the analyst consensus of $1.10, according to data from Benzinga Pro. Skechers raised FY24 sales outlook from $8.60 billion-$8.80 billion to $8.725 billion-$8.875 billion, against an estimate of $8.781 billion. The company also raised FY24 EPS outlook from $3.65-$3.85 to $3.95-4.10 versus

KB Financial Group (NYSE:KB) reported quarterly earnings of $1.94 per share which missed the analyst consensus estimate of $2.78 by 30.22 percent. This is a 203.12 percent increase over earnings of $0.64 per share from the same period last year. The company reported $2.37 billion in sales this quarter. This is a 6.73 percent decrease over sales of $2.54 billion the same period last year.

U.S. stocks were higher, with the Nasdaq Composite gaining over 100 points on Monday. Shares of Matterport, Inc. (NASDAQ:MTTR) rose sharply during Monday's session. CoStar Group, Inc. (NASDAQ:CSGP) announced plans to acquire Matterport in a cash and stock transaction valued at $5.50 per share reflecting an estimated $1.6 billion value. Matterport shares climbed 184% to $4.93 on Monday. Here are some other big stocks recording gains in today's session. Graphjet Technology (NASDAQ:GTI) surged 27.6% to $8.61. Graphjet Technology’s Tham Choi Kuen, CFO, announced the decision to resign due to health reasons, effective immediately. Adlai Nortye Ltd. (NASDAQ:ANL) gained 12.1% to

Gainers Palmer Square Capital BDC (NYSE:PSBD) stock increased by 29.1% to $21.0 during Monday's pre-market session. The company's market cap stands at $683.6 million. As per the news, the FY earnings report came out 3 days ago. Reliance Global Group (NASDAQ:RELI) shares increased by 9.17% to $0.56. The company's market cap stands at $2.7 million. Bakkt Hldgs (NYSE:BKKT) stock moved upwards by 8.18% to $0.63. The market value of their outstanding shares is at $59.8 million. Solowin Holdings (NASDAQ:SWIN) shares moved upwards by 7.74% to $13.5. The company's market cap stands at $189.0 million. KB Financial Group (NYSE:KB) stock rose 7.69% to $51.1. The market value of their outstanding s

U.S. stock futures were lower this morning, with the Dow futures falling over 100 points on Monday. Shares of Banco Santander, S.A. (NYSE:SAN) shares fell sharply during today’s pre-market trading. Iranian entities reportedly used accounts at Lloyds Banking Group and Banco Santander to evade U.S. sanctions. The Iranian entities, including the Islamic Revolutionary Guard Corps, used the British and Spanish banks to bypass U.S. sanctions, reported the Financial Times on Sunday. The IRGC is a branch of the Iranian Armed Forces and has been designated as a terrorist organization by the U.S. Banco Santander shares declined 6.9% to $3.89 in pre-market trading. Here are some big stocks recordi