Tag: “Corporate”

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.

World’s biggest chipmaker TSMC posts record 2024 revenue as AI boost continues

Taiwan Semiconductor Manufacturing Co. posted December quarter revenue that topped analyst estimates, as the company continues to get a boost from the AI boom.

Apollo considers $9.5 bln investment in Seven & i buyout, Bloomberg says

Apollo Global Management is considering investing as much as 1.5 trillion yen ($9.5 billion) in a management buyout of Japan’s Seven & i Holdings, Bloomberg News said on Friday, citing several people with knowledge of the matter.

VW’s Scout has more than 50,000 reservations for upcoming EVs as automaker aims to grow U.S. share

Scout Motors has received more than 50,000 refundable reservation deposits for its first electric pickups and SUVs, according to Volkswagen CEO Oliver Blume.

7-Eleven Owner Reports Profit Drop, Keeps Guidance

Seven & i Holdings reported a drop in quarterly net profit but promised to complete restructuring and seek further growth globally as it faced a takeover offer from the Canadian owner of Circle K.

Constellation Brands shares fall on Q3 earnings miss

Constellation Brands reported third quarter fiscal 2025 results that fell short of analyst expectations, leading to a 2.4% decline in its stock price premarket Friday. The company also lowered its full-year earnings guidance, citing subdued consumer spending.