News Blog

AstraZeneca says it will withdraw COVID-19 vaccine globally as demand dips

AstraZeneca said on Tuesday it had initiated the worldwide withdrawal of its COVID-19 vaccine due to a “surplus of available updated vaccines” since the pandemic.

Beer giant AB InBev beats profit estimates, with Bud Light boycott set to ease one year on

Shares of Belgium’s AB InBev rose 5% Wednesday morning after the company posted higher revenue and profit in the first quarter, as analysts said it had escaped the drag from a year-long boycott of its Bud Light brand relatively unscathed.

Reddit Stock Spikes as Earnings Crush Estimates in First Post-IPO Report

Reddit shares are on the rise in late trading Tuesday after the newly public social media site posted better-than-expected results for the March quarter.

Froot Loops maker WK Kellogg beats revenue estimates on higher prices

WK Kellogg Co beat Wall Street estimates for quarterly sales on Tuesday, as higher product prices offset pressure from slowing demand for the Froot Loops maker’s ready-to-eat breakfast items and snacks.

Uber reports first-quarter results that beat expectations for revenue, but posts net loss

Uber  reported first-quarter results on Wednesday that came in slightly above analysts’ estimates for revenue, but the ridesharing company posted an unexpected net loss.

Rivian Stock Slides. Earnings Reveal More Losses.

Rivian Automotive stock was sliding after the company reported earnings after the close on Tuesday.

Arista Networks projects Q2 revenue above estimates

 Arista Networks forecast second-quarter revenue above Wall Street estimates on Tuesday, anticipating higher demand for its cloud networking gear from a boom in artificial intelligence applications and chips.

ΟΟΣΑ: Έκρηξη άμεσων ξένων επενδύσεων 62% την τελευταία τριετία στην Ελλάδα

Οι ξένες άμεσες επενδύσεις (ΞΑΕ) στην Ελλάδα σημείωσαν μεγάλη αύξηση την τελευταία τριετία σε σχέση με την προηγούμενη περίοδο, σύμφωνα με πρόσφατη έκθεση του ΟΟΣΑ (FDI in Figures).

Lamda Development: Κλείδωσε το deal της Ελληνικό ΜΑΕ με την Xeris Vertures

Τους βασικούς πυλώνες πάνω στους οποίους στηρίζεται η  συμφωνία για το οικιστικό project στο Ελληνικό αναπτύσσει, με ανακοιίνωσή της στο Χρηματιστήριο η Lamda Development. Πιο συγκεκριμένα, η Θυγατρική και η XERIS VENTURES θα συστήσουν το SPV, στο οποίο θα πωληθεί και θα μεταβιβαστεί το Ακίνητο, ιδιοκτησίας της Θυγατρικής. Παράλληλα, η Θυγατρική και η XERIS VENTURES θα συμμετάσχουν αμφότερα στο SPV μέσω διαδοχικών αυξήσεων μετοχικού κεφαλαίου και δανείων μετόχων (shareholder loans).

Το 15,05% της Austriacard Holdings AG σε ειδικούς επενδυτές

Το 15,05% του μετοχικού κεφαλαίου της Austriacard Holdings AG διέθεσαν μέτοχοι της εταιρείας σε ειδικούς επενδυτές, αυξάνοντας το ποσοστό διασποράς των μετοχών.

Τράπεζα Πειραιώς: Πώληση του χαρτοφυλακίου NPE “Project Delta” – Στην EBRD το 30%

Η Πειραιώς Financial Holdings ανακοίνωσε ότι η θυγατρική της, Τράπεζα Πειραιώς Α.Ε., ολοκλήρωσε την πώληση του συνόλου των απαιτήσεών της σε χαρτοφυλάκιο αποτελούμενο κυρίως από μη εξυπηρετούμενα ανοίγματα (“NPE”), “Project Delta”, πιστωτικής απαίτησης €0,4 δισ. με €0,16 δισ. μεικτή λογιστική αξία (η “Συναλλαγή”). Η Ευρωπαϊκή Τράπεζα Ανασυγκρότησης και Ανάπτυξης (“EBRD”) απέκτησε το 30% της συμμετοχής, ενώ το υπόλοιπο ποσοστό πωλήθηκε στην APS funds και σε διαχειριζόμενους λογαριασμούς.

French cognac makers surge as Macron hints at cooling of China trade dispute

Shares of several French cognac makers rallied on Tuesday after France’s President Emmanuel Macron suggested that trade tensions between China and the European Union, which could impact the drinks makers, may ease.

BP Earnings Miss. It’s Betting Big on the Gulf of Mexico, Which Should Help.

BP reported first-quarter earnings that missed expectations. The stock fell early Tuesday.

Nintendo to announce new flagship Switch console this fiscal year

Nintendo on Tuesday said it will announce the successor to its flagship Switch this fiscal year, after the company forecast a sharp drop in profit as it predicts fewer sales of its ageing console.

Lucid forecasts higher 2024 capital spend, maintains production forecast; shares fall

Lucid Group forecast higher capital expenditure this year and reiterated an annual production forecast below Wall Street targets on Monday amid slower-than-expected EV demand, sending its shares down nearly 9% in extended trading.

UBS shares pop 9% as Swiss bank returns to profit after Credit Suisse takeover

UBS on Tuesday reported a swing back to profit after two quarterly losses as it smashed first-quarter expectations, with results bolstered by higher wealth management revenues

Ferrari sticks to 2024 guidance after Q1 earnings rise

 Ferrari said on Tuesday its core earnings rose 13% in the first quarter of the year but its shares fell as the luxury sports car maker failed to excite investors despite what its CEO called a “very positive” start of the year.

Disney earnings top analyst estimates as streaming nearly breaks even in the quarter

Disney reported fiscal second-quarter earnings Tuesday that beat analyst estimates after narrowing streaming losses. Revenue was in line with expectations.

Tylenol maker Kenvue to cut 4% jobs, beats quarterly profit estimates

Kenvue  will cut 4% of its global workforce amid investments to grow its key brands, the Tylenol and Band-Aid maker said on Tuesday, as it topped beat Wall Street estimates for first-quarter profit.

Private equity firms circle Peloton for potential buyout

A number of private equity firms have been considering a buyout of Peloton as the connected fitness company looks to refinance its debt and get back to growth after 13 straight quarters of losses, CNBC has learned.