Tag: “Corporate”

Επιτροπή Ανταγωνισμού: Διερεύνηση του deal για την απόκτηση της Ηλέκτωρ από την Motor Oil

Σε φάση περαιτέρω διερεύνησης μπαίνει η απόκτηση της Ηλέκτωρ από τη Motor Oil, μετά την ανακοίνωση της Επιτροπής Ανταγωνισμού. Η ανεξάρτητη αρχή θα ερευνήσει το κατά πόσο το deal επηρεάζει τη συγκέντρωση στην αγορά διαχείρισης απορριμμάτων.

Performance Technologies: Σε προχωρημένες συζητήσεις για την απόκτηση του 5% ιρλανδικής εταιρείας λογισμικού

Την επικείμενη συμμετοχή μέσω μειοψηφικού πακέτου σε ιρλανδική εταιρεία λογισμικού ανακοίνωσε η Performance Technologies.

PayPal Stock Falls on Mixed Earnings. Management Is Focused on Profitable Growth.

PayPal Holdings is in its innovation era, but based on investors’ reaction to the latest quarterly earnings there’s a price to pay for progress.

British oil giant BP posts weakest quarterly earnings in nearly four years on lower crude prices

British oil major BP on Tuesday reported its weakest quarterly earnings in nearly four years, weighed down by a slump in crude prices and lower refining margins.

Vans maker VF Corp. rallies 23% on results, and CEO says he feels good about Q3

Shares of VF Corp. rocketed higher after hours on Monday after the parent company of Vans and the North Face reported second-quarter results that beat expectations, as it looks to tighten up operations and get out from under billions in debt following losses and weaker sneaker demand.

Lufthansa reports 9% drop in third-quarter profit as core brand struggles

German airline group Lufthansa  reported a fall in third-quarter operating profit on Tuesday as its flagship brand struggles with low yields, competition with international airlines and spiralling costs.

McDonald’s global sales fall more than expected on muted demand

McDonald’s on Tuesday posted a steeper-than-expected drop in quarterly global comparable sales, hurt by weaker traffic across its key markets even as it intensified promotions to woo back customers after several years of price hikes.

Ford Stock Reflected a Lot of Bad Earnings News. It Still Wasn’t Enough.

Ford Motor stock was down after the company reported earnings Monday evening that matched expectations. The problem was with guidance.

Pfizer tops earnings estimates, hikes full-year guidance as Covid products help sales

Pfizer on Tuesday reported third-quarter revenue and adjusted profit that blew past expectations as the company’s Covid vaccine and antiviral pill Paxlovid helped boost sales.

HSBC coy on cost savings of revamp as quarterly profit tops expectations

HSBC Holdings beat third quarter profit expectations on Tuesday thanks to rising wealth and wholesale banking revenue, but kept investors waiting for more detail on how a sweeping overhaul of its structure will deliver cost savings.

Santander delays full UK results as it weighs impact of car finance ruling

Santander has delayed the release of its full UK results because of a court ruling on car loans while revealing the latest drop in the division’s profits, as one of the bank’s most important markets emerges as a trouble spot.

Royal Caribbean lifts annual profit forecast on strong cruise demand, price hikes

Royal Caribbean boosted its annual profit forecast on Tuesday for the fourth time this year, driven by high demand for private destinations and cooler cruise travel spots, as well as multiple ticket price hikes.

Adidas sees strong sales in China as it opens more stores

Adidas saw strong growth in Greater China in the third quarter, while sales in North America excluding Yeezy shoes were up on the year thanks to improving brand image, the company said on Tuesday.

Ελ. Βενιζέλος: Σε πλήρη εξέλιξη η πρώτη φάση για την επέκταση του αεροδρομίου

Σε πλήρη ανάπτυξη βρίσκεται το μεγάλο επενδυτικό πρόγραμμα, το οποίο υλοποιεί ο Διεθνής Αερολιμένας Αθηνών σε τρεις διαδοχικές φάσεις, ξεκινώντας από τη φετινή χρονιά.

Porsche cuts China dealership network as challenges mount

Porsche will pare back its dealership network in China, reflecting persisting weak demand in the world’s biggest auto market that has severely hit European carmakers and forced them to cut costs to soften the blow to profit margins.

TSMC suspended shipments to China firm after chip found on Huawei processor, sources say

Taiwan Semiconductor Manufacturing Company suspended shipments to China-based chip designer Sophgo after a chip it made was found on a Huawei AI processor, according to two people familiar with the matter.

Volkswagen targets layoffs and 10% pay cuts amid plans for German plant closures, union says

Volkswagen is considering widespread pay cuts and layoffs as well as the closure or size reduction of its plants in Germany, the company’s works council said Monday.

Philips’ deteriorating China sales send shares tumbling 16%

 Philips said on Monday that demand in China slumped significantly in recent months, forcing the Dutch medical devices maker to lower its sales outlook for the year and sending its shares down 16%.

Boeing Is Selling Stock—A Lot of It. The Shares Are Surprisingly Steady.

Boeing is selling stock to help repair its ailing balance sheet. Shares were up, a little, shortly after the announcement.

Mercedes to step up cost cuts after earnings halve

Mercedes-Benz will step up cost cuts after earnings halved in the third quarter hit by tepid demand and fierce competition in China, it said on Friday.