Tag: “Corporate”

EssilorLuxottica expands into streetwear with $1.5bn Supreme deal

Eyewear giant EssilorLuxottica has agreed to buy US streetwear brand Supreme for $1.5bn, expanding its brand portfolio beyond eyewear and lenses for the first time.

ASML bookings surge as AI chip demand boosts purchases of its critical semiconductor tools

ASML reported second-quarter earnings and sales that beat forecasts, as interest in artificial intelligence chips drives up demand for the Dutch firm’s critical semiconductor making equipment.

Johnson & Johnson Stock Slips After Earnings

Johnson & Johnson stock was slipping Wednesday after the pharmaceutical company beat expectations for its second-quarter earnings.

Adidas hikes 2024 earnings guidance after second-quarter beat

German sportswear maker Adidas is increasing its full-year earnings guidance after a better than expected second quarter, it said on Tuesday, in its second upgrade this year.

Novo Nordisk and Eli Lilly shares slide on new obesity drug trial from Roche

Novo Nordisk and Eli Lilly shares slid Wednesday after Roche announced promising early-stage trial data from its latest obesity drug candidate.

HSBC names veteran Elhedery as CEO, signals continuity in strategy

HSBC Holdings Plc has appointed its Chief Financial Officer Georges Elhedery as its next CEO, the bank said on Wednesday, opting for continuity as it tries to kickstart growth.

DBRS για Attica Bank: Στα 2,3 δισ. τα μη εξυπηρετούμενα ανοίγματα

Η επιπλέον ζημιά από ενδεχόμενη ένταξη των μη εξυπηρετούμενων ανοιγμάτων στον «Ηρακλή ΙΙΙ» δεν θα ξεπεράσει τα 400 εκατ. ευρώ, σύμφωνα με την αξιολόγηση του οίκου.

Morgan Stanley’s profit jumps as investment banking recovers

Morgan Stanley’s profit rose in the second quarter as investment banking activity rebounded on strength in equity and debt underwriting.

Bank of America Profit and Net Interest Income Fall as Rates Bite. Stock Rises.

Bank of America on Tuesday reported second-quarter profit that fell 6.8% from a year ago as high interest rates for consumers continued to weigh on profitability. The stock rose as earnings beat analysts’ forecasts.

Hugo Boss shares plunge 9% as firm cuts 2024 guidance amid slumping China demand

Hugo Boss shares plunged as much as 10% Tuesday after the company cut its sales outlook, becoming the latest high-end fashion line to warn of persistent woes in the luxury sector.

Italy’s Leonardo working with Thales, Airbus on new space strategy

Leonardo  is working with France’s Thales and Airbus  on a joint strategy for the space sector, the head of the Italian aerospace and defence group said on Tuesday.

Activist investor Starboard says it’s acquired 6.5% stake in Match Group

Starboard Value has amassed a roughly 6.5% stake in online dating company Match Group and is pushing the company to either make changes that would improve margins or go private.

UnitedHealth expects bigger hit to annual profit from hack costs

UnitedHealth on Tuesday forecast a bigger hit to earnings this year from a February hack at its tech unit, as it rolls out loans to support affected healthcare providers and records higher expenses from notifying customers.

Ενέργεια: Στα σκαριά νέα φορολόγηση υπερκερδών, έκτακτη σύσκεψη στο Μαξίμου

Την επαναφορά του νόμου για τη φορολογία των υπερεσόδων των παραγωγών ηλεκτρικής ενέργειας για το διάστημα από την 1η Ιουλίου μέχρι και τις 30 Σεπτεμβρίου εξετάζει, το υπουργείο Περιβάλλοντος και Ενέργειας, καθώς οι τιμές στην αγορά εξισορρόπησης έχουν εκτοξευτεί.

HELLENiQ Energy: Πρόταση επαναγοράς ομολογιών ύψους 599,9 εκατ. ευρώ και νέας έκδοσης

Πρόταση εξαγοράς προς τους κατόχους ομολογιών συνολικού ανεξόφλητου ποσού 599,9 εκατ. ευρώ, με επιτόκιο 2%, έναντι καταβολής μετρητών απηύθυνε η HELLENiQ Energy Finance plc (HEF), θυγατρική της HELLENiQ Energy. Παράλληλα, ανακοίνωσε νέα έκδοση ομολογιών.

UBS για Τράπεζα Πειραιώς: Ξεκινά την κάλυψη της μετοχής της με τιμή στόχο τα €5,50 και σύσταση αγορά

Η UBS και ο αναλυτής Stephan Potgieter σημειώνουν την αξιοσημείωτη ανάκαμψη και την ελκυστική αποτίμηση της Τράπεζας Πειραιώς και ξεκινούν την κάλυψη με σύσταση αγορά (buy) και τιμή στόχο τα 5,50 ευρώ και περιθώριο ανόδου που ξεπερνά το 45%.

Trump Media shares surge 50% in premarket trading after assassination attempt

Trump Media & Technology Group
shares surged 50% in premarket trading Monday following the attempted assassination of former President Donald Trump at a rally in Pennsylvania on Saturday.

BlackRock Posts Earnings Beat, Assets Jump 13% to a Record $10.6 Trillion. Stock Rises.

Goldman Sachs said Monday that it topped profit and revenue estimates on better-than-expected fixed income results and smaller-than-expected loan loss provisions.

Cleveland Cliffs stock down 6% after steel producer says it’s buying Canada’s Stelco in $2.5 billion cash-and-stock deal

Deal expands Cliffs’ steelmaking footprint and doubles exposure to the flat-rolled spot market

Macy’s terminates discussions with Arkhouse and Brigade

Macy’s  said on Monday it has terminated discussions with Arkhouse Management and Brigade Capital, citing that the revised proposal to buy the department store chain lacks certainty of financing and does not provide compelling value.