News Blog

UBS quarterly profit doubles; Ermotti takes aim at Swiss capital proposals

UBS’s (UBSG.S), second-quarter profit more than doubled from a year earlier, comfortably ahead of expectations, as it joined other major banks in making the most of a surge in trading activity amid market turmoil.

Euro zone economy ekes out better-than-expected 0.1% growth in second quarter

The euro zone economy eked out a better-than-expected 0.1% growth in the second quarter, compared to the previous three-month stretch, flash data from Eurostat showed Wednesday.

Starbucks Sales Still Show Weakness. Same-Store sales Dip 2%.

That cup of joe at Starbucks(SBUX) might be getting a tad bitter. Starbucks reported third-quarter results that beat Wall Street’s expectations on revenue but missed on earnings per share.

Kering’s quarterly sales weaker than expected, Gucci down 25%

Gucci owner Kering (PRTP.PA), reported on Tuesday a 15% drop in quarterly revenues, falling short of market expectations, with its finance chief flagging further price hikes in the United States to counter tariffs.

HSBC announces $3 billion share buyback after second-quarter profit misses estimates

Europe’s largest lender HSBC on Wednesday missed second-quarter profit expectations, mostly on account of impairment charges related to a Chinese bank and loss of income from businesses it disposed in the first half of 2024.

Altria Posts Earnings Beat and Lifts Low End of Full-Year Profit Guidance

Altria(MO) Group stock was rising Wednesday after the tobacco company reported quarterly earnings that beat expectations and lifted the floor for its full-year guidance.

Hershey beats quarterly estimates on strong Easter demand

Hershey (HSY.N), beat analysts’ sales and profit estimates for the second quarter on Wednesday, driven by demand during Easter for its confectionery goods and salty snacks.

Adidas slumps 7% as sportswear giant warns tariffs to drive up U.S. prices

Shares of Adidas fell Wednesday after the German sportswear giant flagged a double-digit million euro hit from U.S. tariffs in the second quarter and warned that current import levies will push up the cost of its U.S. goods.

ΟΤΕ: Έγκριση πώλησης της Telekom Romania από την Επιτροπή Ανταγωνισμού της Ρουμανίας

Την πώληση της Telekom Romania ενέκρινε η Επιτροπή Ανταγωνισμού της Ρουμανίας, σύμφωνα με ανακοίνωση του ΟΤΕ.

ΕΧΑΕ: «Ιστορικό ορόσημο» η πρόταση της S&P για αναβάθμιση του ΧΑ

Την ικανοποίησή της για τη χθεσινή ανακοίνωση της S&P, με την οποία προτείνει την αναβάθμιση του ελληνικού Χρηματιστηρίου στην κατηγορία των ανεπτυγμένων αγορών, εκφράζει με ανακοίνωσή της η διοίκηση της ΕΧΑΕ.

Τράπεζα Πειραιώς: Ισχυρή κερδοφορία στα €559 εκατ. το α’ εξάμηνο

Με ισχυρή κερδοφορία στα €559 εκατ. έκλεισε το α’ εξάμηνο για την Τράπεζα Πειραιώς, ενώ σκοπεύει να προχωρήσει σε ενδιάμεση διανομή από τα κέρδη του 2025.

Μυτιληναίος: Ανοίγει ένα νέο κεφάλαιο για τη Metlen στο LSE

Από εθνικός πρωταθλητής η Metlen έγινε διεθνής πρωταγωνιστής, κοιτάμε μπροστά με ακόμα μεγαλύτερη φιλοδοξία και αποφασιστικότητα, επισημαίνει μεταξύ άλλων ο Ευάγγελος Μυτιληναίος σε ευχαριστήριο μήνυμα προς τους μετόχους. Τα επόμενα βήματα.

Πώς προχωρούν τα έργα στο Ελληνικό – Πότε παραδίδεται το Riviera Galleria

Σε πλήρη εξέλιξη σε όλα τα «μέτωπα» είναι αυτή την στιγμή τα έργα στο πρώην αεροδρόμιο του Ελληνικού, με 40 ενεργά εργοτάξια εντός της έκτασης και τη συμμετοχή περίπου 2.500 εργαζομένων σε συνεργασία με 18 μεγάλους κατασκευαστές.

EssilorLuxottica earnings boost illustrates growth potential for Meta’s smartglasses

The extremely bullish growth forecasts for this market, estimated to be worth $166 billion by 2030, explains why last month Meta reportedly took a 3% stake in EssilorLuxottica, with an option to up it to 5%.

Procter & Gamble Posts Earnings Beat and Names New CEO. The Stock Is Rising.

Shares of Procter & Gamble(PG), the parent company of household brands such as Pampers and Gillette, were rising modestly Tuesday after the company posted better-than-expected quarterly earnings and sales and announced a new chief executive.

AstraZeneca tops expectations on robust drug sales, US demand

AstraZeneca (AZN.L), on Tuesday beat second-quarter revenue and profit expectations on robust sales of newer cancer, heart and kidney disease medicines and strong demand in the U.S., where it has invested $50 billion to expand amid tariff threats from Washington.

Barclays second-quarter profit beats estimates as investment banking revenues swell

British bank Barclays on Tuesday beat profit expectations and announced a £1 billion ($1.33 billion) share buyback as market volatility boosted investment banking revenues.

Boeing Stock Rises After Results Beat Wall Street Estimates

Boeing(BA) reported better-than-expected second-quarter earnings. Shares are rising as investors gain confidence in the company’s turnaround.

Stellantis warns of $1.7 billion US tariff impact in 2025

Stellantis (STLAM.MI), said on Tuesday it faced greater headwinds this year including a 1.5-billion-euro impact from U.S. tariffs for 2025, with operating income in the second half set to be in the low-single digits following a tough first half.

Spotify stock falls on revenue miss, lackluster guidance

Spotify shares dropped about 5% before the bellTuesday after the music streaming platform fell short of Wall Street’s expectations and posted weak guidance for the current quarter.