News Blog

Gilead Boosts Earnings Outlook as Stock Battles Back from Cancer Disappointment

The biotech Gilead Sciences raised its earnings guidance Thursday while reporting second quarter results that beat Wall Street expectations, as the company continues to battle back from an early-year slump in its share price.

UK investment platform Hargreaves Lansdown agrees to $6.9 billion takeover by CVC consortium

British investment platform Hargreaves Lansdown said on Friday it had agreed to a takeover offer equivalent to £5.4 billion ($6.9 billion) by a group of investors including CVC Group.

Capri Holdings Limited fell in postmarket trading on Thursday after reporting soft demand with its FQ1 earnings report.

Total revenue fell 13.2% year-over-year to $1.07 billion for the fiscal quarter that ended on June 29. On a constant currency basis, total revenue decreased by 12.1% during the quarter. Total company retail sales declined in the low-double-digits, with trends being impacted by softening demand globally for fashion luxury goods.

Take-Two banks on new games to boost bookings in next two fiscal years

Take-Two Interactive Software said on Thursday it expects net bookings to grow in fiscal years 2026 and 2027, as the videogame publisher gears up for the launch of its long-awaited “Grand Theft Auto VI” next year.

Expedia Posts Earnings Beat While Warning of Soft Demand

Expedia Group Inc. posted better-than-expected second-quarter results while warning of “softening” travel demand in the current quarter, leading it to adjust its expectations for the rest of the year.

Paramount Global announces it will cut 15% of U.S. workforce, shares rise on second-quarter earnings

Paramount Global is cutting 15% of its U.S. workforce, or about 2,000 jobs, part of a broader cost-cutting plan as it prepares for a merger with Skydance Media.

China consumer inflation rises, factory-gate prices continue to fall in July

China’s consumer inflation rose a touch more than expected in July, a tentatively encouraging sign for policymakers who have been struggling to boost household spending.

BriQ Properties: Αύξηση 37% στα καθαρά κέρδη εξαμήνου

Τα έσοδα από μισθώματα στο εξάμηνο αυξήθηκαν κατά 64,3% και ανήλθαν σε €7,3 εκατ. έναντι €4,4 εκατ. πέρυσι. Στα 6,2 εκατ. τα EBITDA.

Τράπεζα Κύπρου: Στόχος η διανομή μερίσματος 50% – Επιβεβαιώνει το θέμα ένταξης στο Χρηματιστήριο Αθηνών

Καθαρά κέρδη μετά τη φορολογία ύψους €270 εκατ., αυξημένα κατά 23% σε ετήσια βάση, εκ των οποίων €137 εκατ. το β’ τρίμηνο 2024, αυξημένα κατά 4% σε τριμηνιαία βάση κατέγραψε η Τράπεζα Κύπρου.

ΔΕΗ: Mε τη θυγατρική Olympus AI, το βάπτισμα του πυρός στην τεχνητή νοημοσύνη

Ακόμη ένα βήμα μπροστά στον στρατηγικό σχεδιασμό της για την επέκταση σε νέους τομείς κάνει η ΔΕΗ, συστήνοντας μια νέα εταιρεία που θα προωθήσει το όραμα της επιχείρησης στον θαυμαστό κόσμο της τεχνητής νοημοσύνης.

Trastor: Επεκτείνεται στα τουριστικά ακίνητα

Η στρατηγική της διοίκησης δίνει έµφαση στους τοµείς των logistics και των πράσινων κτιρίων γραφείων, αλλά πλέον αναµένεται να εισέλθει κι ένας τρίτος πυλώνας ανάπτυξης, που θα αφορά τα ξενοδοχειακά και τουριστικά ακίνητα.

Ρευστότητα 300 εκατ. ευρώ από Ελληνικό στη Lamda Development

Νέα επιστροφή κεφαλαίου 71,1 εκατ. ευρώ αποφάσισε η Ελληνικό ΑΕ. Έχει αποδώσει άλλα 231,3 εκατ. ευρώ σε Lamda το τελευταίο 12μηνο. Που και πως ανακατευθύνθηκε η παραπάνω ρευστότητα.

Προχωρά η επίσημη διαδικασία για την πρόωρη αποπληρωμή χρέους 8 δισ. ευρώ

Έχοντας ολοκληρώσει τον κύκλο των άτυπων ενημερώσεων πλέον ο ΟΔΔΗΧ μετρά αντίστροφα για τη νέα πρόωρη αποπληρωμή δανειακών υποχρεώσεων ύψους 8 δισ. ευρώ από το πρώτο Μνημόνιο.

Eli Lilly blows past estimates, hikes guidance as Zepbound, Mounjaro sales soar

Eli Lilly on Thursday reported second-quarter earnings and revenue that blew past expectations and hiked its full-year revenue outlook by $3 billion as sales of its blockbuster diabetes drug Mounjaro and weight loss injection Zepbound spike.

Monster Beverage misses quarterly sales estimates as economic fears slow demand

Monster Beverage missed market expectations for second-quarter sales on Wednesday as budget-conscious consumers kept a tight lid on spending, hurting demand for its pricey energy drinks amid an uncertain economic environment.

Duolingo Shares Rise on Strong Earnings, Solid User Growth

Duolingo shares were rising a day after the language-learning app easily beat quarterly estimates and demonstrated solid growth in its most recent quarter.

Boeing’s new outsider CEO Ortberg takes the helm, this time from the factory floor

Aerospace veteran Robert “Kelly” Ortberg becomes Boeing’s new CEO on Thursday with a singular mission: restoring the reputation of a U.S. manufacturing icon.

Restaurant Brands revenue beats as Tim Hortons defies fast-food slowdown

 Restaurant Brands International beat Wall Street expectations for second-quarter revenue on Thursday, benefiting from steady demand at its Tim Hortons coffee outlets even as Burger King stutters in the midst of an overhaul.

SolarEdge Technologies Inc earnings missed by $0.27, revenue topped estimates

SolarEdge Technologies Inc reported second quarter EPS of $-1.79, $0.27 worse than the analyst estimate of $-1.52. Revenue for the quarter came in at $265.4M versus the consensus estimate of $264.31M.

Siemens earnings beat estimates on strong demand for electrification, software

German industrial technology giant Siemens on Thursday posted better-than-expected quarterly operating profit and confirmed its full-year outlook.