Tag: “Corporate”

Inditex profit rises to €6.2 bln, beats Q4 estimates as spring sales jump

Inditex posted a 6% rise in full-year net income to €6.2 billion on Wednesday, beat fourth-quarter profit expectations and said spring trading accelerated to 9% growth in constant currency, sending shares in the Zara owner up more than 2%.

Cintas to Buy UniFirst for $5.5 Billion. What It Means for the Stocks.

Shares in UniFirst (UNF) rose sharply Wednesday after the workwear supplier agreed to be acquired by its much larger rival, Cintas (CTAS), in a deal valued at $5.5 billion.

Rheinmetall projects up to 45% sales growth as it focuses fully on defence operations

Rheinmetall (RHMG) expects sales to ‌grow by up to 45% this year, it said on Wednesday, as the German firm focuses entirely on its defence business to harness increased demand from wars in Ukraine and Iran.

Amazon’s Zoox partners with Uber to reach more robotaxi riders — first in Las Vegas, then LA

Amazon’s Zoox is making its toaster-shaped self-driving vehicles available through the Uber app in Las Vegas starting this summer, the latest sign of momentum in the nascent but fast-growing robotaxi market.

Tesla and Google Team Up to Lower Electricity Bills

Robo-taxi competitors Alphabet (GOOGL) and Tesla (TSLA) have teamed up to help lower electricity costs.

Campbell’s cuts annual forecasts, flags pressure from new import tariffs

Campbell’s Co (CPB) on Wednesday warned revised U.S. tariffs will intensify cost pressures ​in the second half of the year, after the food maker ‌cut its annual sales and profit forecasts, citing rising macroeconomic risks.

Nebius stock pops 10% on Nvidia $2 billion investment announcement

Shares of Nebius Group popped 10% on Wednesday after Nvidia announced it will invest $2 billion in the artificial intelligence cloud company.

Boeing Delays 737 Deliveries After Discovering ‘Scratched Wiring.’ What It Means for the Stock.

Boeing (BA) delivery numbers are looking relatively strong—but a 737 MAX wiring issue will create a new headwind for shares. Investors are very attuned to any issue with Boeing’s single-aisle jet.

Info Quest Technologies: Στρατηγική συνεργασία με την Corsight AI στη διάθεση ΑΙ λύσεων αναγνώρισης προσώπου

Η Info Quest αναλαμβάνει τη διάθεση των καινοτόμων λύσεων της Corsight AI στις αγορές της Ελλάδας, της Κύπρου, της Μάλτας και της Ρουμανίας, αξιοποιώντας την εκτεταμένη τεχνογνωσία της σε λύσεις enterprise και cyber security

Aegean: Νέες ακυρώσεις πτήσεων από και προς τη Μέση Ανατολή

Παρέχεται η δυνατότητα επιστροφής χρημάτων ή credit voucher για μελλοντική χρήση, καθώς και αλλαγής ημερομηνίας ταξιδιού χωρίς κανένα κόστος.

Τριπλός Κόμβος Σκαραμαγκά: «Κλειδώνει» σε ΜΕΤΚΑ – Δομική Κρήτης το έργο «ανάσα» για Δυτ. Αττική

Η κοινοπραξία ΜΕΤΚΑ, που υπενθυμίζεται ότι είχε δώσει την καλύτερη προσφορά, αναδείχτηκε προσωρινός ανάδοχος στο πλαίσιο του διαγωνισμού για την ανάθεση της σύμβασης του Τριπλού Κόμβου Σκαραμαγκά, προϋπολογισμού 51 εκατ. ευρώ. Το σχήμα είχε δώσει έκπτωση 21,2%.

Cenergy: Μακροχρόνια συμφωνία-πλαίσιο της Hellenic Cables με την Alliander

Η Hellenic Cables, ο κλάδος καλωδίων της Cenergy Holdings, υπέγραψε μακροχρόνια συμφωνία πλαίσιο με την Alliander N.V., μία από τις κορυφαίες εταιρείες διαχείρισης δικτύου στην Ολλανδία, για την προμήθεια καλωδίων μέσης και χαμηλής τάσης.

AT&T outlines $250 billion US investment plan to boost infrastructure in AI age

AT&T will spend more than $250 billion over five years in the ‌U.S. to expand its network infrastructure and will hire thousands of technicians this year, it said on Tuesday, as telcos ramp up investments to support surging data demand.

Bill Ackman’s Pershing Square files for IPO on the NYSE

Outspoken investor Bill Ackman is taking a step toward his long-held ambition of building a publicly traded investment vehicle modeled on Warren Buffett’s approach, filing to list his hedge fund firm Pershing Square Capital Management on the New York Stock Exchange.

NIO Stock Jumps After Earnings. How the EV Maker Delivered a Surprise Profit.

Shares of Chinese electric vehicle maker NIO (NIO) rose early on Tuesday after the company reported a surprise fourth-quarter profit and gave solid guidance for the first quarter of 2026.

HPE projects revenue above estimates, focuses on higher-margin networking orders

Hewlett Packard Enterprise (HPE) forecast second-quarter revenue above Wall Street ​estimates on Monday, betting on growing demand for its networking equipment as the company prioritizes more higher-margin ‌orders.

TSMC Sales Grow 30% on Sustained Global Demand for AI Hardware

Taiwan Semiconductor Manufacturing Co.’s sales rose 30% in the first two months of the year, buoyed by the robust pace of AI infrastructure construction prior to the outbreak of conflict in the Middle East.

Bunge boosts long‑term profit outlook, announces $3 bln share repurchase plan

Agribusiness company ​Bunge (BG) said on ‌Tuesday it expects earnings to increase to ​at least $15 per ​share by 2030 and ⁠announced a new $3 ​billion share repurchase program.

Volkswagen flags a tough year ahead as 2025 profit halves on tariffs, China competition

Germany’s Volkswagen on Tuesday reported a sharp drop in annual operating profit and flagged another tough year ahead as the auto giant continues to grapple with U.S. tariffs and competition in China.

Kohl’s Earnings Beat Expectations. Why the Stock Is Dropping.

Kohl’s (KSS) stock fell Tuesday after the retailer reported a larger-than-expected decline in sales for its fiscal fourth quarter.