Tag: “Corporate”

Paramount Bid Threatens Skydance Deal. Why Fresh Offer Is a Win for Shareholders.

Paramount Global shareholders got some good news late Monday: media mogul Edgar Bronfman Jr. solidified his play for the entertainment giant with a $4.3 billion bid that could put its proposed merger with David Ellison’s Skydance on ice.

Seven & i shares end lower on regulatory concerns over Couche-Tard bid

Shares in Japan’s Seven & i , the owner of 7-Eleven, closed nearly 11% lower on Tuesday as investors weighed up regulatory hurdles to a takeover bid from Canada’s Alimentation Couche-Tard to create a convenience store giant with almost a fifth of the U.S. market.

Fabrinet Shares Rally After 4Q Beat

Fabrinet shares rose Tuesday after the company beat revenue and profit expectations for the fourth quarter. Shares in premarket trading on Tuesday were up 10% at $255.0. Since the start of the year, shares are up nearly 22%..

Lowe’s cuts full-year outlook as it expects home improvement sales to weaken

Lowe’s on Tuesday cut its full-year forecast, as the home improvement retailer’s quarterly sales declined and it said it expects spending on do-it-yourself projects to weaken.

Τράπεζα Κύπρου: Στις 23 Σεπτεμβρίου η είσοδος των μετοχών στο Χρηματιστήριο Αθηνών

Η διαγραφή από το LSE θα τεθεί σε ισχύ από τις 19 Σεπτεμβρίου – Έκτακτη γενική συνέλευση στη Λευκωσία στις 13 Σεπτεμβρίου

METLEN: Εγκαινίασε το δεύτερο φωτοβολταϊκό της πάρκο στη Χιλή – Επένδυση €65 εκατ.

Το πάρκο θα παράγει ενέργεια ίση με την ετήσια κατανάλωση περισσότερων από 85.000 νοικοκυριών, μειώνοντας τις εκπομπές κατά περισσότερους από 80.000 τόνους CO2 ετησίως

ZIM Integrated Shipping Services earnings beat by $1.30, revenue topped estimates

ZIM Integrated Shipping Services reported second quarter EPS of $3.08, $1.30 better than the analyst estimate of $1.78. Revenue for the quarter came in at $1.93B versus the consensus estimate of $1.76B.

Estée Lauder Issues ’Disappointing’ Sales and Earnings Outlook for Fiscal 2025. Stock Tumbles.

Estée Lauder stock was falling Monday after the cosmetics giant provided financial guidance below expectations on continued weakness in China.

AMD to acquire server builder ZT Systems for $4.9 billion in cash and stock

AMD on Monday said it plans to acquire server maker ZT Systems for $4.9 billion as the company seeks to expand its portfolio of artificial intelligence chips and hardware and battle Nvidia 

GeoVax’s stock soars 54% to lead rally in companies developing mpox treatments

GeoVax Labs Inc.’s stock soared 54% early Monday to lead a fresh rally among companies developing treatments for mpox, after rival Siga Technologies Inc. said a trial of its antiviral failed to meet its main goal.

Attica – Παγκρήτια: Το business plan της ενιαίας τράπεζας μετά τη συγχώνευση

Μέρισµα από το 2028 προβλέπει το επιχειρησιακό πλάνο της Τράπεζας Αττικής και της Παγκρήτιας Τράπεζας ενόψει της συγχώνευσης, που φιλοδοξεί να δηµιουργήσει τον πέµπτο πόλο στο τραπεζικό σύστηµα. 

Bayer shares soar 11% after key U.S. legal win against Roundup cancer claims

Bayer shares jumped in morning trade as the German life sciences company said it scored a legal victory in its suit over claims that exposure to its popular Roundup weed killer led to cancer.

EV maker Rivian halts production of Amazon delivery vans amid parts shortage

Rivian has temporarily suspended production of its commercial delivery vans used by retail giant Amazon.com  due to a shortage of parts, a spokesperson for the electric vehicle manufacturer said on Friday.

Applied Materials Is Denied US Chips Grant for $4 Billion Silicon Valley Project

Applied Materials Inc. was informed by US officials that it won’t be receiving Chips Act money for a long-anticipated research and development center, dealing a critical blow to a much-touted project in the heart of Silicon Valley.

US oil services group SLB expands in Russia as competitors withdraw

Texas-based company has signed new contracts and recruited hundreds of staff despite the war in Ukraine

Mpox vaccine maker Bavarian Nordic seeks ‘critical’ EU approval for teens after WHO declares health emergency

Danish biotech company Bavarian Nordic said Friday that it had submitted data to the Europe Union’s drug regulator to extend the use of its mpox vaccine for teenagers.

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.