Tag: “Corporate”

Super Micro Shares Fall After Earnings Report, 10-for-1 Stock Split News. Here’s Why.

Super Micro Computer gave a strong sales forecast for fiscal year 2025, but the company’s shares fell on deteriorating profit margins.

Novo Nordisk shares dip as Wegovy maker posts earnings miss, cuts operating profit outlook

Novo Nordisk on Wednesday posted weaker-than-expected net profit in the second quarter and trimmed its operating profit outlook.

Rivian sticks to flat production outlook for 2024, expects deliveries dip in Q3

Rivian on Tuesday stuck to its forecast that production would not rise this year and said deliveries in the third quarter would be slightly lower, as the EV maker races to rebuild inventory after a factory shutdown in April designed to cut costs.

Disney beats estimates as combined streaming services turn a profit

Disney reported its fiscal third-quarter earnings Wednesday, topping analyst estimates as its combined streaming businesses turned a profit earlier than expected.

Shopify Stock Soars After Earnings. Sales Growth Is Helping With That.

Shares of Shopify were charging sharply higher Wednesday after the e-commerce platform turned in a strong quarterly report.

ABN Amro raises full-year net interest income outlook on higher rates

ABN Amro’s shares rose 5% on Wednesday as the Dutch bank raised its forecast for full-year net interest income to 6.4 billion euros ($6.98 billion) after a stronger than expected second-quarter performance.

CVS slashes profit outlook on higher medical costs, says top Aetna executive will leave

CVS Health on Wednesday reported second-quarter earnings that topped expectations, but slashed its full-year profit outlook, citing higher medical costs that have been squeezing the U.S. insurance industry

Ralph Lauren revenue rises 1% on stable demand in Europe, China

Ralph Lauren Corp posted a rise in quarterly revenue on Wednesday, benefiting from steady demand for its pricey denims and polo shirts in Europe and Asia.

Airbnb Shares Fall on Earnings Miss, Slowing U.S. Demand

Airbnb shares were falling in after-hours trading after the short-term rental company missed expectations for second quarter earnings and warned of moderating demand in the current quarter.

ΑΒΑΞ – Metlen: Διαψεύδουν πληροφορίες περί συνεργασίας στον τομέα των κατασκευών

Ο Όμιλος ΑΒΑΞ δηλώνει ότι οι πληροφορίες για διεξαγωγή συζητήσεων μετοχικής συνεργασίας με άλλο επιχειρηματικό όμιλο, δεν ανταποκρίνονται στην πραγματικότητα

Περαιτέρω διεθνοποίηση για τη ΔΕΗ με την εξαγορά των 700 εκατ. ευρώ στη Ρουμανία

Στην περαιτέρω διεθνοποίηση των δραστηριοτήτων της προχωράει η ∆ΕΗ, η οποία ανακοίνωσε χθες, λίγο πριν από τη δημοσιοποίηση των αποτελεσμάτων α΄ εξαμήνου του 2024, μία ακόμη εξαγορά στη Ρουμανία.

Ideal: Ολοκληρώθηκε η μεταβίβαση της Astir Vitogiannis S.A. στην Guala Closures

Το καθαρό κέρδος από την συναλλαγή εκτιμάται ότι θα ανέλθει περίπου σε € 74 εκατ. και θα εμφανιστεί στις οικονομικές καταστάσεις του έτους 2024.

ΔΕΗ: Άλμα 57% στην κερδοφορία το α’ εξάμηνο – Στα 927 εκατ. ευρώ τα EBITDA

Σε πορεία επίτευξης του στόχου για προσαρμοσμένο EBITDA €1,8δισ. το 2024

Coca Cola HBC: Καθαρά κέρδη 381,6 εκατ. στο εξάμηνο

Τα συγκρίσιμα κέρδη ανά μετοχή σημείωσαν μείωση έναντι του αντίστοιχου εξαμήνου πέρυσι κατά 1,7% λόγω των υψηλότερων χρηματοοικονομικών εξόδων. Το νέο guidance για τη χρονιά.

Kenvue’s stock jumps as Band-Aid, Tylenol parent beat profit and sales expectations

Shares of Kenvue Inc. KVUE jumped 3.4% in premarket trading Tuesday, after the parent of consumer health brands including Band-Aid, Tylenol and Listerine reported second-quarter earnings that beat expectations, boosted by productivity gains and higher pricing.

Molson Coors tops quarterly results on strong beer demand in Europe, Asia

Molson Coors beat Wall Street expectations for second-quarter sales and profit on Tuesday, driven by strong demand for its premium Coors Light and Miller Lite beers in the European and Asian regions.

Oil giant Saudi Aramco’s second-quarter profit dips 3% on lower crude production volumes

Saudi state oil giant Aramco reported $29.1 billion in net profit for the second quarter, a dip of just over 3% from the same period last year as crude production volumes remained low.

Caterpillar’s stock bounces back after another profit beat offsets a revenue miss

Shares of Caterpillar Inc. bounced off a six-month low in Tuesday premarket trading, after the construction- and mining-equipment company reported another quarterly adjusted profit that rose above expectations, amid strength in its energy and transportation business.

Yum Brands reports mixed results as Pizza Hut and KFC same-store sales fall

Yum Brands on Tuesday reported a mixed quarter as both Pizza Hut and KFC reported declining same-store sales.

Palantir Stock Jumps on Strong Earnings. CEO Sees ‘Unprecedented Opportunity.’

For the June quarter, Palantir posted revenue of $678 million, ahead of Wall Street’s consensus of $653 million as tracked by FactSet. Adjusted profit was 9 cents a share, above Wall Street’s 8-cent estimate.