Tag: “Corporate”

Colgate Brushes Past Earnings Estimates. It Wasn’t Enough.

Shares of Colgate-Palmolive were falling after the consumer products company turned in higher earnings than expected but disappointed investors with its financial guidance.

SoftBank, OpenAI to Offer AI Services in Japan

SoftBank Group and ChatGPT maker OpenAI plan to team up to offer artificial-intelligence services, initially targeting Japanese businesses to lay the groundwork for potential expansion worldwide. SoftBank Group Chief Executive Masayoshi Son said Monday that the company will assign 1,000 employees this year to the joint venture, SB OpenAI Japan, to kick-start its sales and engineering work.

AstraZeneca rejected close to £80mn in state support for cancelled Speke factory

AstraZeneca turned down an offer of nearly £80mn in UK state support when it abruptly cancelled plans for a £450mn vaccine manufacturing site near Liverpool, according to people briefed on the matter.

Honda’s new EV production revolution begins with $1 billion investment in Ohio

Honda Motor is launching the next generation of its manufacturing in a historically unusual place for the 75-year-old Japanese automaker: Ohio.

Tyson Foods boosts annual sales forecast on strong beef, chicken demand

Tyson Foods raised its annual sales forecast on Monday as robust demand for its beef and chicken products helped the meat packer beat estimates for first-quarter results, sending its shares up 4% in premarket trade.

ΟΛΘ: Πολύ χαμηλότερα από το εύρος αξίας η δημόσια πρόταση της Leonids Port

Η τιμή της Δημόσιας Πρότασης της Leonids Port είναι πολύ χαμηλότερη από το εύρος τιμής που δίνει ο ανεξάρτητος σύμβουλος, αναφέρει η Αιτιολογημένη Έκθεση του Δ.Σ. του ΟΛΘ

Trastor: Στα €670,5 εκατ. το χαρτοφυλάκιο επενδυτικών ακινήτων

Η αναπροσαρμογή των ακινήτων σε εύλογες αξίες οδήγησε σε κέρδη €23,4 εκατ. για το 2024. “Η Εταιρεία συνεχίζει να επενδύει δυναμικά σε «πράσινα» ακίνητα”, τονίζει μεταξύ άλλων ο Τάσος Καζίνος, Διευθύνων Σύμβουλος της Trastor.

Η S&P έδωσε επενδυτική βαθμίδα σε Εθνική Τράπεζα και Eurobank – Αναβάθμισε την Τράπεζα Πειραιώς, διατήρησε σταθερή την Alpha Bank

Σε αναβάθμιση της πιστοληπτικής ικανότητας της Εθνικής Τράπεζας, της Eurobank και της Τράπεζας Πειραιώς προχώρησε ο αμερικανικός οίκος αξιολόγησης Standard & Poor’s, διατηρώντας παράλληλα σταθερή την αξιολόγηση της Alpha Bank. Για Εθνική και Eurobank, η αναβάθμιση σηματοδότησε την ένταξή τους σε επίπεδο επενδυτικής βαθμίδας.

Quest: Ολοκληρώθηκε η εξαγορά του 70% της Μπενρουμπή έναντι 26 εκατ. ευρώ

H συμφωνία προβλέπει τη δυνατότητα απόκτησης από την Quest Συμμετοχών Α.Ε. του υπολειπόμενου 30% το 2027

Εθνική Ασφαλιστική: Αντίστροφη μέτρηση για τις κινήσεις Πειραιώς και Εθνικής στην κούρσα εξαγοράς

Υποβολή προσφοράς από την Τράπεζα Πειραιώς αναμένει τώρα η αγορά μετά την επίσημη επιβεβαίωση του ενδιαφέροντος για την Εθνική Ασφαλιστική, με την εκτίμηση ότι οι συζητήσεις για εξαγορά της Εθνικής Ασφαλιστικής έχουν προχωρήσει. Τραπεζικές πηγές δεν αποκλείουν την πιθανότητα να γίνει αυτό εντός της εβδομάδας.

Samsung Expects Limited Earnings Growth Amid Chip Woes

Samsung Electronics forecast limited earnings growth in the current quarter after better-than-expected net profit for the fourth quarter, as profitability at its core semiconductor business continued to weaken.

Perfume group Puig posts 14% rise in holiday sales

Puig, the Barcelona-based company behind perfume brands Rabanne, Carolina Herrera and Jean Paul Gaultier, reported a 14.3% rise in fourth-quarter sales on Thursday, beating analyst expectations for the key holiday period.

Charter Stock Rises. Why the Spectrum Owner’s Earnings Impressed the Market.

Charter Communications stock was rising Friday as a jump in mobile revenue and advertising sales helped the cable provider’s earnings to top Wall Street’s expectations.

DOJ sues to block Hewlett Packard Enterprise’s $14 billion Juniper deal

The US Department of Justice has sued to block Hewlett Packard Enterprise’s $14 billion deal to acquire networking gear maker Juniper Networks, arguing that it would stifle competition, according to a complaint filed on Thursday.

Chevron misses earnings estimate as refining posts first loss in four years

Chevron Corp reported fourth-quarter earnings below Wall Street estimates on Friday as weak margins pushed its refining business into a loss for the first time since 2020, sending its shares down more than 2%.

Bosch Seeks to Improve Performance Even if Conditions Are Tough

German car-parts supplier Robert Bosch reported a slight drop in revenue for 2024 with the biggest fall in its home market, and said it aims to improve performance this year even if conditions are tough.

Baker Hughes beats quarterly profit estimates on natgas technology demand

U.S. oilfield technology firm Baker Hughes beat Wall Street estimates for fourth-quarter profit on Thursday, as robust demand for natural gas equipment and services helped offset weak sales of its drilling gear in North America.

Vertex Pharmaceuticals stock is soaring. The FDA just approved its potentially game-changing pain treatment.

Shares of Vertex Pharmaceuticals Inc. surged ahead of Friday’s market open after the Food and Drug Administration approved the company’s non-opioid pain treatment.

UPS Stock Sinks on Plans to Slash Business with Amazon

United Parcel Service is going to do a lot less business with its biggest customer, Amazon. UPS on Thursday projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the business it does with Amazon over the next 18 months.

Germany’s Commerzbank profit jumps 20% in 2024 as it fends off UniCredit

Germany’s Commerzbank said on Friday that it posted a 20% increase in net profit in 2024, announcing earnings nearly two weeks ahead of schedule as it fends off interest in a tie-up from Italy’s UniCredit.