Tag: “Corporate”

BHP says strike ends at huge Escondida copper mine

Global mining giant BHP has reached an agreement with a striking union at its massive Escondida copper mine in Chile, the firm said on Friday, which will see the three-day strike called off and defuse fears about a hit to global supplies of the metal.

Aλέξανδρος Εξάρχου: Επενδύουμε 340 εκατ. για τον 5ο τραπεζικό πυλώνα (πίνακας)

Ο μέτοχος της Thrivest μιλάει για τη συμφωνία συγχώνευσης Αttica Bank – Παγκρήτιας, την οποία χαρακτηρίζει άθλο, και το business plan της νέας τράπεζας, η οποία θα εστιάσει στην αγορά των μικρομεσαίων επιχειρήσεων

Tapestry Stock Surges After Earnings. It Still Wants to Bulk Up.

Tapestry stock was rising early Thursday after the fashion company beat earnings expectations.

Alibaba shares dip 4% in premarket after earnings miss expectations despite cloud acceleration

Alibaba missed top and bottom line expectations for the June quarter of 2024 as it continues to face headwinds in its core e-commerce business amid rising competition and a cautious Chinese consumer.

Deere’s stock pops premarket after earnings sweep past lowered estimates

Deere & Co.’s stock rose 4% early Thursday, after the agricultural and construction machinery maker swept past lowered earnings estimates for its fiscal third quarter.

Walmart beats estimates, raises outlook as it sees stable consumer health

Walmart raised its forecast for the year on Thursday, as quarterly revenue grew nearly 5%, the company’s stores and website drew more visits and sales outside the grocery department improved. 

Berkshire Hathaway Just Bought Ulta Beauty Stock. Should You?

There’s nothing quite like the nod of approval from one of the world’s most prominent investors to boost a stock, and that is precisely what is going on with Ulta Beauty  this morning.

Cisco cutting 7% of workforce, reports earnings and revenue beat for quarter

Cisco shares popped in extended trading on Wednesday after the networking company said it’s cutting 7% of its global workforce and reported quarterly results that topped analysts’ estimates.

Carlsberg lifts 2024 growth outlook, Q2 sales lag forecasts

Danish brewer Carlsberg on Tuesday lifted its forecast for full-year operating profit growth despite posting weaker-than-expected sales for the second quarter hit by bad June weather.

Victoria’s Secret Gets a New CEO. The Stock Jumps.

Victoria’s Secret stock was climbing Wednesday after the lingerie maker announced the appointment of a new chief executive.

UBS posts $1.1 billion net profit in Q2, easily beating forecast

Swiss bank UBS on Wednesday posted a quarterly profit that was double the market forecast, buoyed by investment banking and larger-than-expected savings from the integration of its one-time rival Credit Suisse.

Flutter shares up on strong Q2 and upbeat outlook

 Shares of Flutter Plc jumped on Wednesday after the company reported a strong second-quarter performance, exceeding market expectations.

US Considers a Rare Antitrust Move: Breaking Up Google

A bid to break up Alphabet Inc.’s Google is one of the options being considered by the Justice Department after a landmark court ruling found that the company monopolized the online search market, according to people with knowledge of the deliberations

Mars strikes $36bn deal to buy Pringles maker Kellanova

US confectionery giant to pay $83.50 per share for snack rival

RWE’s First-Half Earnings Drop After Decline in Power Prices

Germany’s largest power producer RWE AG saw earnings fall by nearly a third in the first half after a decline in power prices weighed on results.

Συγχώνευση Attica Bank – Παγκρήτια: Στη δημοσιότητα οι σχετικές εκθέσεις

Στη δημοσιότητα έδωσε η Attica Bank τις εκθέσεις που αφορούν στη διαδικασία συγχώνευσης με απορρόφηση της Παγκρήτιας Τράπεζας

Bloomberg: Στόχος της Metlen η εισαγωγή στο LSE το πρώτο τρίμηνο

Η εισηγμένη σχεδιάζει να υποβάλει αίτηση για εισαγωγή στο Λονδίνο μέχρι το τέλος του τρέχοντος έτους, σημειώνει πηγή.

Starbucks replaces CEO Laxman Narasimhan with Chipotle CEO Brian Niccol

Starbucks announced Tuesday it’s replacing CEO Laxman Narasimhan with Chipotle CEO Brian Niccol.

Tencent Music Entertainment shares slump on drop in karaoke platform users

Tencent Music Entertainment Group’s New York listed shares slumped in Tuesday’s pre-market session as the Chinese streaming giant said a sharp drop in the number of people using its karaoke platforms had driven a slump in its second quarter revenue.

Home Depot expects sales to weaken as consumers grow more cautious

Home Depot on Tuesday topped quarterly expectations, but cautioned that sales will be weaker than expected in the back half of the year as high interest rates and consumer uncertainty dampen demand.