News Blog

BMW hits 2023 sales target, on track for EV goals in 2024

 BMW Group reported record sales of over 2.5 million units in 2023 and hit its target of a 15% share of battery-electric vehicles, the carmaker said on Tuesday.

Boeing Slides Further as More Loose Parts Found on MAX 9 Jets

Boeing stock declined 0.8% to $227.20 in premarket trading. Spirit AeroSystems , which supplies fuselages to Boeing, slipped 0.4% after falling 11% on Monday. Alaska Air shares were down 1.1%. United Airlines rose 1.1%.

GE spinoff to fill massive order for turbines to power Western Hemisphere’s largest wind project

A spinoff of General Electric will be building hundreds of turbines for what will be the largest wind project in the Western Hemisphere, part of a massive equipment order and long-term service agreement with global renewable energy giant Pattern Energy.

Samsung warns fourth-quarter profit could plunge 35%, misses expectations

Samsung Electronics on Tuesday said it expects to post a 35% drop in operating profit in the fourth quarter of 2023.

Hewlett Packard Enterprise nears $13 billion deal to buy Juniper Networks – source

Hewlett Packard Enterprise is in talks to buy Juniper Networks  in a deal valuing the network gear maker at about $13 billion, a person familiar with the matter told Reuters on Monday.

Record U.S. oil production sparks battle for market share with Saudi Arabia and OPEC+

Saudi Arabia and its OPEC+ allies continue to throttle crude output in an effort to support oil prices, but the U.S. — with its record-high production and growing exports — is making that task particularly difficult.

Activist investor Elliott builds $1 bln stake in Tinder-owner Match-WSJ

 Activist investor Elliott Investment Management has built a roughly $1 billion stake in Match Group and plans to push the Tinder dating app owner to take steps to improve its performance, the Wall Street Journal reported on Monday.

Helleniq Energy: Έρχονται τα πρατήρια χωρίς βενζίνη-μόνο με φορτιστές

Έμφαση στην ηλεκτροκίνηση με τη δημιουργία ξεχωριστής αλυσίδας νέων πρατηρίων χωρίς βενζίνη, αλλά μόνο με ηλεκτρικούς φορτιστές, σχεδιάζει σύμφωνα με πληροφορίες η Helleniq Energy.

Eurobank Equities: “Ανεβάζει” τις τιμές-στόχους για τις ελληνικές τράπεζες – Έρχεται νέα σημαντική άνοδος

Περαιτέρω σημαντικά περιθώρια ανόδου στις μετοχές των ελληνικών τραπεζών βλέπει η Eurobank Equities, παρά το σημαντικό ράλι άνω του 60% που κατέγραψαν το 2023, και έτσι προχωρά στην αναβάθμιση των τιμών-στόχων που δίνει.

Autohellas: Προχωρά στην έκδοση retail bond έως 200 εκατ. ευρώ

Στην έκδοση retail bond έως 200 εκατ. ευρώ προχωρά η Autohellas, σύμφωνα με ανακοίνωσή της.

J.P. Morgan: Η Moody’s θα αναβαθμίσει την Ελλάδα σε επενδυτική βαθμίδα το 2024

Η αμερικανική τράπεζα J.P. Morgan βλέπει μεγάλη πιθανότητα να αναβαθμίσει ο οίκος Moody’s την Ελλάδα σε επενδυτική βαθμίδα το 2024 και αξιοπρεπείς πιθανότητες για περαιτέρω αναβαθμίσεις στην Κύπρο, την Ιρλανδία και την Πορτογαλία.

ΔΕΗ blue: Ευρωπαϊκή χρηματοδότηση για εγκατάσταση σημείων ταχυφόρτισης

Ευρωπαϊκή χρηματοδότηση για την περαιτέρω ανάπτυξη του δικτύου υπερταχυφορτιστών (HPDC) δημόσιας φόρτισης ΔΕΗ blue εξασφάλισε η ΔΕΗ, μέσω του μηχανισμού χρηματοδότησης Connecting Europe Facility (CEF).

Βγαίνει στις αγορές με 10ετές η Πειραιώς, επαναγοράζει ομόλογα

Η τράπεζα έδωσε mandate σε έξι επενδυτικούς οίκους για την έκδοση, ενώ προχωρά και σε πρόωρη επαναγορά τίτλων από την έκδοση 400 εκατ. ευρώ με ωρίμανση το 2029.

Boeing shares tumble 8% after FAA grounds dozens of 737 Max 9s for urgent safety inspections

Shares of Boeing tumbled roughly 8% in premarket trading Monday, as investors digested the news that the Federal Aviation Administration had ordered airlines to ground dozens of Boeing 737 Max 9 aircraft for urgent inspections.

Bitcoin Price Rises. Grayscale and BlackRock Reveal Proposed ETF Fees.

Bitcoin was rising as the crypto sector remains on tenterhooks over the potential approval of exchange-traded funds tied to spot trading of Bitcoin, with a regulatory deadline looming Wednesday.

Shell flags Q4 writedown of up to $4.5 billion, mainly on Singapore assets

Shell on Monday flagged impairment charges of up to $4.5 billion for the fourth quarter, mainly related to the Singapore refining and chemicals hub the oil major is looking to sell.

Saudis cut crude prices to all regions amid oil-price weakness

Saudi Aramco on Sunday said it would cut crude prices to all regions, including its largest market in Asia — a move that comes amid weaker global oil prices and increased production by producers outside the Organization of the Petroleum Exporting Countries.

J&J to buy targeted cancer therapy developer Ambrx for $2 bln

Johnson & Johnson said on Monday it had agreed to buy drug developer Ambrx Biopharma  for $2 billion to gain access to drugs that belong to a class of targeted cancer therapies which have drawn interest from other drugmakers.

Lululemon Stock Drops as Guidance Boost Isn’t Enough

Shares of Lululemon Athletica were trading lower after the maker of exercise apparel raised its financial forecasts for the fourth quarter but the earnings guidance at the low end was just shy of analysts’ estimates.

Abercrombie & Fitch lifts holiday sales forecast on robust demand

Abercrombie & Fitch on Monday raised its forecast for fourth-quarter and annual net sales, after strong demand for its apparel brands during the key holiday shopping period.