Tag: “Corporate”

Ford Stock Reflected a Lot of Bad Earnings News. It Still Wasn’t Enough.

Ford Motor stock was down after the company reported earnings Monday evening that matched expectations. The problem was with guidance.

Pfizer tops earnings estimates, hikes full-year guidance as Covid products help sales

Pfizer on Tuesday reported third-quarter revenue and adjusted profit that blew past expectations as the company’s Covid vaccine and antiviral pill Paxlovid helped boost sales.

HSBC coy on cost savings of revamp as quarterly profit tops expectations

HSBC Holdings beat third quarter profit expectations on Tuesday thanks to rising wealth and wholesale banking revenue, but kept investors waiting for more detail on how a sweeping overhaul of its structure will deliver cost savings.

Santander delays full UK results as it weighs impact of car finance ruling

Santander has delayed the release of its full UK results because of a court ruling on car loans while revealing the latest drop in the division’s profits, as one of the bank’s most important markets emerges as a trouble spot.

Royal Caribbean lifts annual profit forecast on strong cruise demand, price hikes

Royal Caribbean boosted its annual profit forecast on Tuesday for the fourth time this year, driven by high demand for private destinations and cooler cruise travel spots, as well as multiple ticket price hikes.

Adidas sees strong sales in China as it opens more stores

Adidas saw strong growth in Greater China in the third quarter, while sales in North America excluding Yeezy shoes were up on the year thanks to improving brand image, the company said on Tuesday.

Ελ. Βενιζέλος: Σε πλήρη εξέλιξη η πρώτη φάση για την επέκταση του αεροδρομίου

Σε πλήρη ανάπτυξη βρίσκεται το μεγάλο επενδυτικό πρόγραμμα, το οποίο υλοποιεί ο Διεθνής Αερολιμένας Αθηνών σε τρεις διαδοχικές φάσεις, ξεκινώντας από τη φετινή χρονιά.

Porsche cuts China dealership network as challenges mount

Porsche will pare back its dealership network in China, reflecting persisting weak demand in the world’s biggest auto market that has severely hit European carmakers and forced them to cut costs to soften the blow to profit margins.

TSMC suspended shipments to China firm after chip found on Huawei processor, sources say

Taiwan Semiconductor Manufacturing Company suspended shipments to China-based chip designer Sophgo after a chip it made was found on a Huawei AI processor, according to two people familiar with the matter.

Volkswagen targets layoffs and 10% pay cuts amid plans for German plant closures, union says

Volkswagen is considering widespread pay cuts and layoffs as well as the closure or size reduction of its plants in Germany, the company’s works council said Monday.

Philips’ deteriorating China sales send shares tumbling 16%

 Philips said on Monday that demand in China slumped significantly in recent months, forcing the Dutch medical devices maker to lower its sales outlook for the year and sending its shares down 16%.

Boeing Is Selling Stock—A Lot of It. The Shares Are Surprisingly Steady.

Boeing is selling stock to help repair its ailing balance sheet. Shares were up, a little, shortly after the announcement.

Mercedes to step up cost cuts after earnings halve

Mercedes-Benz will step up cost cuts after earnings halved in the third quarter hit by tepid demand and fierce competition in China, it said on Friday.

Colgate-Palmolive’s stock gains after earnings beat expectations, as both prices and volume rose

Shares of Colgate-Palmolive Inc. tacked on 0.5% in premarket trading Friday, after the consumer-products company beat third-quarter earnings expectations and lifted its outlook, helped by increases in both volume and prices.

Deckers Outdoor shares dash ahead on surging demand for Hoka shoes

 Deckers Outdoor shares jumped about 15% in premarket trading on Friday after the shoemaker raised its annual sales forecast and beat second-quarter expectations, on resilient

Insurance broker Aon beats profit estimates on strong business growth

 Aon beat Wall Street estimates for third-quarter profit on Friday, driven by strong growth in its commercial risk solutions business.

Capri shares tumble 46% after US court blocks $8.5 bln merger with Tapestry

Shares of Michael Kors owner Capri slumped nearly 46% in premarket trading on Friday after a U.S. judge blocked its pending $8.5 billion merger with handbag maker Tapestry.

Safran raises profit target after 9-month sales grow 17%

French jet engine maker Safran raised its profit forecast for the year even as supply bottlenecks forced it to lower its revenue predictions on Friday, buoyed by demand for profitable services on planes that are already flying.

ΔΕΗ: Επικαιροποιεί business plan, επενδύσεις και guidance στις 14 Νοεμβρίου

Tο επικαιροποιημένο στρατηγικό σχέδιο της ΔΕΗ για την περίοδο 2025-2027 θα παρουσιάσει στις 14 Νοεμβρίου, μία ημέρα μετά την ανακοίνωση των αποτελεσμάτων εννεαμήνου ο πρόεδρος και διευθύνων σύμβουλος της εταιρείας Γιώργος Στάσσης, κατά την ενημέρωση των αναλυτών. Συγκεκριμένα, η διοίκηση προβλέπεται να προχωρήσει σε επικαιροποίηση του guidance για τα οικονομικά μεγέθη της επιχείρησης, αλλά και του επενδυτικού προγράμματος της εταιρείας για την επόμενη τριετία.

Trade Estates: Κάλυψη ομολογιακού δανείου έως €9 εκατ. της EVITENCO

Το ομολογιακό θα έχει διάρκεια τρία έτη και σταθερό επιτόκιο 5% ετησίως. Η Trade Estates συμμετέχει με ποσοστό 44,69%, στην EVITENCO και πρόκειται να αποκτήσει το σύνολο του μετοχικού της κεφαλαίου.