Tag: “Corporate”

Sainsbury’s Christmas Sales Grew on Higher Volumes, Expects Profit in Line With Market Views

J Sainsbury reported sales volume growth for the key Christmas period and said it expects to deliver retail operating profit for its fiscal year in line with market consensus.

Macy’s Trims Sales Outlook After Holidays Didn’t Deliver

Macy’s Inc. issued a slightly more downbeat outlook for sales in the current quarter, a sign that executives might have been too optimistic about their expectations for a solid holiday shopping season. America’s largest department-store operator said it’s forecasting net sales in the current quarter to be at or slightly below the $7.8 billion to $8 billion executives were expecting as of last month.

Moderna cuts 2025 sales forecast by $1 bln on weak vaccine demand, shares fall

Moderna cut its 2025 sales forecast by $1 billion on Monday, hurt by a slow adoption of its respiratory syncytial virus (RSV) shot and weak demand for COVID-19 vaccines, sending its shares down more than 18% in premarket trading.

BMW Sales Fell in 2024 on Technical Issues, Weak China Demand

BMW group sales fell slightly in 2024 as the German automaker was hit by technical issues and subdued demand in China.

Constellation Energy Stock Eyes a Record Close as Deal for Calpine Becomes a Reality

Constellation Energy stock was soaring after the company reached an agreement to buy Calpine, a move that creates the nation’s largest clean-energy provider and gives Constellation a broader array of products.

Porsche China deliveries drop 28% as competition intensifies

Porsche has revealed a drop of more than a quarter in its deliveries to Chinese customers, as a “challenging economic situation” in the country continues to bite.

LNG exporter Venture Global targets up to $110 bln valuation in blockbuster US IPO

Venture Global is targeting up to $110.38 billion valuation in its U.S. initial public offering, the liquefied natural gas exporter said on Monday, setting the stage for the first blockbuster stock market flotation in 2025.

Nvidia Turns to Trump in Row Over Biden Chip-Export Curbs. The Stock Is Dropping.

Nvidia stock was falling as the chip maker pushed back against a last-minute rush by the Biden administration to issue new regulations over artificial-intelligence technology. The has made an explicit appeal to President-elect Donald Trump to reject such policies

Apple fights $1.8 billion App Store lawsuit in first of UK class actions against tech giants

Apple has abused its dominant position by charging app developers an unfair 30% commission through its App Store, costing British consumers up to 1.5 billion pounds ($1.8 billion), a London tribunal heard on Monday.

Amazon to halt some of its DEI programs: Internal memo

Amazon said it is halting some of its diversity and inclusion initiatives, joining a growing list of major corporations that have made similar moves in the face of increasing public and legal scrutiny.

Lululemon, Abercrombie see strong sales in discount-driven holiday season

Lululemon Athletica and Abercrombie & Fitch raised their current-quarter sales targets on Monday, helped by demand for heavily discounted apparel during the holiday season, even as steep promotions took a bite out of some retailers’ margins.

ΟΛΘ: Οι Dreyfus «πατάνε το κουμπί» – Αρχίζει η δημόσια πρόταση για το 21%

Ξεκινάει σήμερα η πρόταση της LeonidsPort για το 21% του μετοχικού κεφαλαίου του ΟΛΘ – Τα σενάρια και οι μετοχικές ισορροπίες

Φθηνό χρήμα από την Ιαπωνία για την Aegean

Στο παγκόσμιο κλειστό κλαμπ των αεροπορικών εταιρειών που κάνουν χρήση του χρηματοδοτικού εργαλείου JOLCO έχει εισέλθει η Aegean.

Σαράντης: Διαψεύδει πως προχωρά σε placement ιδίων μετοχών

Στη διάψευση δημοσιευμάτων σύμφωνα με τα οποία η Σαράντης βρίσκεται σε διαδικασία placement των ιδίων μετοχών της εταιρείας προχώρησε ο όμιλος.

Eργοστάσιο στις ΗΠΑ κατασκευάζει ο όμιλος Cenergy – Επένδυση 200 εκατ. στη νότια Βαλτιμόρη

Τις πρόδρομες κατασκευαστικές εργασίες για την ανέγερση του εργοστασίου της στη βιομηχανική ζώνη Βάγκνερ Πόιντ, στη Νότια Βαλτιμόρη των Ηνωμένων Πολιτειών, υλοποιεί αυτή την περίοδο η Hellenic Cables, ο βραχίονας καλωδίων του ομίλου Cenergy.

Walgreens’ stock jumps 10% as troubled drugstore chain shows ‘early progress’ with turnaround

Walgreens Boots Alliance Inc.’s stock jumped 10% early Friday after the troubled drugstore chain posted another loss but blew past estimates on an adjusted basis and said it would continue to work on a turnaround.

Macy’s is closing 66 locations

Last year, Macy’s announced it was closing 150 underperforming stores by 2026, shrinking its footprint to about 350 locations when the plan is finished. The 66 store closings revealed Thursday are included in that multiyear initiative. But, until now, Macy’s had not publicized which stores were set to close.

Mercedes-Benz Car Sales Fell 3% in 2024 Amid Challenging Market

Mercedes-Benz car sales fell 3% to 1.98 million vehicles in 2024 amid a challenging global market, with top-end vehicle sales weighed by market conditions in China, model changes and weak electric-vehicle demand.

Disney, Fox and Warner Bros. Discovery call off plans to launch Venu sports streaming service

Disney, Fox and Warner Bros. Discovery have called off plans to launch their sports streaming service Venu, the companies said in a joint statement Friday

Tilray’s stock slumps as cannabis and beer maker plans to cut its drinks lineup

Tilray Brands Inc.’s stock fell in premarket trading on Friday after the beer and cannabis company said it expects a $20 million impact on its full-year revenue as it embarks on a cost-cutting plan to reduce the number of alcohol beverage brands in its portfolio.