Tag: “Corporate”

Adnoc and OMV announce deal to combine petrochemical assets

Abu Dhabi National Oil Company has sealed a long-awaited deal to create a $60bn global plastics company after agreeing to combine its petrochemical assets with those of Austria’s OMV.

Target warns February sales were soft, adding to concerns about consumer health

Target on Tuesday warned that it expects a “meaningful” drop in first-quarter profit compared to the year-ago period as it contends with “ongoing consumer uncertainty,” soft sales in February and concerns around tariffs.

Prada profit surges 21% as speculation swirls over Versace bid

Italian luxury group Prada on Tuesday reported 21% growth in operating profit last year, in line with analysts’ forecasts, amid speculation about a potential acquisition of smaller rival Versace.

Lindt to supply chocolate to Canada from Europe to sidestep tariff hit

Swiss chocolate maker Lindt & Spruengli will supply chocolate to Canada made in Europe to avoid Canadian tariffs imposed to counter the higher U.S. customs duties imposed by President Donald Trump.

Honeywell’s Transformation Continues With $2.2 Billion Deal for Pump Maker

Honeywell International struck a roughly $2.2 billion deal for pump-and-compressor maker Sundyne, extending the company’s brisk pace of dealmaking. 

Best Buy Grows Quarterly Sales as PC Market Rebounds

Best Buy reported higher-than-expected sales in its latest quarter and said consumers are looking for value, but are still willing to spend on high-priced electronics.

Πειραιώς: Μέσω επιστροφής κεφαλαίου τα 373 εκατ. ευρώ

Μέσω επιστροφής κεφαλαίου, αντί για διανομή μερίσματος, προτίθεται να ανταμείψει τους μετόχους της από τα κέρδη χρήσης 2024 η Πειραιώς Financial Holdings, διαφυλάσσοντας για μελλοντική χρήση τα φορολογημένα αποθεματικά της.

Στη ΓΕΚ ΤΕΡΝΑ η κατακύρωση του ΒΟΑΚ (Χανιά – Ηράκλειο) – Η πορεία του έργου

Αντίστροφα μετρά ο χρόνος για την κατακύρωση του βασικού τμήματος του ΒΟΑΚ Χανιά – Ηράκλειο στον όμιλο ΓΕΚ ΤΕΡΝΑ

ΔΕΗ: Guidance Στάσση για 2 δισ. EBITDA και 3,7 δισ. ευρώ επενδύσεις το 2025

Η ΔΕΗ πιάνει τον αναθεωρημένο στόχο για EBITDA 1,8 δισεκατομμύρια ευρώ το 2024

ΔΕΗ: Στα 15,4 λεπτα το τιμολόγιο Μαρτίου με έκπτωση 60%

Κάνοντας έκπτωση 60%, από τις μεγαλύτερες που έχει κάνει μέχρι σήμερα, η ΔΕΗΔΕΗ 0,00% κρατά σταθερή την τιμή του πράσινου τιμολογίου και για το Μάρτιο, στα 15,48 λεπτά η κιλοβατώρα, δίνοντας και τον τόνο στην υπόλοιπη αγορά.

Π. Μυλωνάς (ΕΤΕ): Deal εξαγοράς και γενναίο μέρισμα στο business plan

Μέρισμα κοντά στο 60% θα διανείμει η Εθνική Τράπεζα το διάστημα 2025-2027 σύμφωνα με όσα είπε ο CEO της τράπεζας, Παύλος Μυλωνάς, στους αναλυτές. Ο ίδιος τόνισε πως «περιμένουμε την κατάλληλη ευκαιρία για να προχωρήσουμε σε εξαγορά».

Singapore probes suspected fraud in sales of US-controlled Nvidia chips

Singapore has charged three men in a case suspected to involve Nvidia semiconductor sales that potentially breach US export controls, the government announced on Monday.

Exclusive: Nvidia and Broadcom testing chips on Intel manufacturing process, sources say

Chip designers Nvidia (NVDA.O), opens new tab and Broadcom (AVGO.O), are running manufacturing tests with Intel (INTC.O), two sources familiar with the matter told Reuters, demonstrating early confidence in the struggling company’s advanced production techniques.

Defense Stocks Lockheed, L3Harris Rise on Trump-Ukraine Fallout. But Not as Much as These Rivals.

President Donald Trump’s meeting with Ukraine President Volodymyr Zelensky on Friday didn’t go well. Defense stocks are getting a boost early Monday.

China vows to retaliate as necessary after Trump threatens another 10% tariff hike

China’s Ministry of Commerce said Friday that it “firmly opposes” U.S. President Donald Trump’s latest threat to ramp up tariffs on Chinese goods and vowed retaliation, if necessary.

British Airways owner IAG profit beats estimates, plans share buyback

British Airways owner IAG (ICAG.L), opens new tab reported a 27% jump in annual operating profit on Friday, beating market expectations as it curbed costs and growth in its lucrative transatlantic routes took off.

Valeo Shares Plunge After Carmakers Cancel, Delay Orders

Valeo shares fell sharply after the company said carmaker customers canceled orders worth billions of dollars and delayed new ones in response to economic and technological uncertainty.

Dell forecasts $15 billion of AI server sales this year

Dell reported fourth-quarter sales that fell short of analysts’ estimates but earnings topped Wall Street expectations.

Rocket Lab Stock Dives After Earnings. Why Record Sales Weren’t Enough.

Rocket Lab  USA stock tumbled after the commercial space company reported fourth-quarter numbers that were very close to Wall Street’s expectations.

OpenAI reveals GPT-4.5 amid flurry of new AI model releases

OpenAI has launched its largest artificial intelligence model with fewer “hallucinations”, the latest in a flurry of AI releases by US tech groups.