Tag: “Corporate”

Freeport-McMoRan’s third-quarter profit beats on higher copper prices

Miner Freeport-McMoRan reported a third-quarter profit on Tuesday that beat analysts’ estimates, helped by higher copper prices.

Verizon Revenue Misses Estimates as Wireless Equipment Sales Decline. The Stock Falls.

Verizon reported adjusted earnings of $1.19 a share on revenue of $33.3 billion for the third quarter ended Sept. 30. Analysts surveyed by FactSet were expecting earnings of $1.18 a share on revenue of $33.4 billion.

3M raises profit forecast after quarterly beat on electronics demand

3M Co raised the lower end of its full-year adjusted profit forecast on Tuesday, after strong demand for its electronics and industrial products helped the U.S. conglomerate beat quarterly profit estimates.

RTX boosts 2024 forecast again on demand for aircraft repairs, defense systems

RTX on Tuesday raised its 2024 adjusted profit and sales forecasts for the second time, citing strong demand for aircraft repairs and defense systems, and reported better-than-expected quarterly earnings.

GM raises 2024 earnings guidance after easily topping Wall Street’s third-quarter expectations

General Motors easily outperformed Wall Street’s third-quarter earnings expectations, leading the Detroit automaker in raising key guidance targets for 2024.

GE Aerospace Beats Earnings Estimates. Why the Stock Is Falling.

GE Aerospace reported better-than-expected quarterly earnings, and raised full-year financial guidance.

Kimberly-Clark’s stock falls after sales fall short, with declines in tissues and personal care

Shares of Kimberly-Clark Corp. fell 3.1% in premarket trading Tuesday, after the parent of consumer brands including Huggies diapers, Kleenex tissues and Scott toilet paper reported third-quarter profit that beat expectations, amid volume and price increases, but sales that fell a bit shy.

SAP shares hit all-time high after upbeat cloud business outlook

Shares in SAP were up 5% at market open on Tuesday, hitting an all-time high of 221 euros ($239.21) after the German software company raised its full-year targets on a strong cloud business in the third quarter.

HSBC embarks on major restructuring, names first female CFO

HSBC on Tuesday unveiled a new geographic setup and consolidated its operations into four business units, amid a key overhaul that delivered the lender’s first female finance chief.

Lockheed Martin Delivered A Rock Solid Quarter. Now Investor Attention Turns To This.

Tuesday morning, Lockheed reported third-quarter earnings per share of $6.80 from sales of $17.1 billion. Wall Street was looking for earnings per share of about $6.50 from sales of $17.4 billion, according to FactSet.

Στην GLS το 20% της ACS έναντι 74 εκατ. ευρώ – Δικαίωμα αγοράς του υπόλοιπου 80%

Συγκεκριμένα, η General Logistics Systems (GLS), που είναι θυγατρική του βρετανικού ομίλου IDS, θα αποκτήσει σε πρώτη φάση, ύστερα από συμφωνία με την Quest, το 20% της ACS έναντι τιμήματος 74 εκατ. ευρώ.

Metlen: Ξεκινά η πιλοτική μονάδα ανάκτησης χαλκού – ψευδαργύρου στη Σίνδο

Εντός του πρώτου 15νθημέρου Δεκεμβρίου πρόκειται να ξεκινήσει η πιλοτική μονάδα της ανάκτησης χαλκού – ψευδαργύρου της Metlen Energy & Metals στη Σίνδο, όπως ανέφερε ο επικεφαλής της εταιρίας, Ευάγγελος Μυτιληναίος, στο περιθώριο της εκδήλωσης για την παρουσίαση του νέου παραγωγικού μοντέλου της χώρας.

Trastor ΑΕΕΑΠ: Έρχεται αύξηση έως 140 εκατ. ευρώ

Αύξηση κεφαλαίου από 100 – 140 εκατ. ευρώ σχεδιάζει η Trastor ΑΕΕΑΠ, στις αρχές του 2025, σύμφωνα με τα όσα αποκάλυψε, μιλώντας στο συνέδριο της Prodexpo, ο Διευθύνων Σύμβουλος της εταιρείας, Τάσος Καζηνός.

Στις αγορές η ΔΕΗ με επταετές ομόλογο 500 εκατ. ευρώ

Την έξοδό της στις αγορές με στόχο την άντληση €500 εκατομμυρίων ευρώ, με λήξης 2031, ανακοίνωσε η ΔΕΗ, προκειμένου να αξιοποιήσει τα κεφάλαια για την χρηματοδότηση των υπό εξέλιξη έργων κεφαλαιακών δαπανών της ΔΕΗ και των θυγατρικών της.

Saxo Bank Is Said to Draw Altor-Led Group, Interactive Brokers

Interactive Brokers Group Inc. and a consortium of Altor Equity Partners and Centerbridge Partners are among those that have shown initial interest in acquiring Denmark’s Saxo Bank A/S, according to people with knowledge of the matter.

France takes stake in Sanofi unit as part of €16bn sale to CD&R

France is taking a small stake in Sanofi’s consumer healthcare business in order to quell a political backlash, as the pharmaceutical company presses ahead with a €16bn deal that would hand control of the unit to US private equity group Clayton Dubilier & Rice.

Spirit Stock Soars 40%. The Budget Airline Finally Has This Good News.

Spirit Airlines shares were soaring on Monday after the budget carrier revealed it had struck an 11th-hour deal to extend a key debt-refinancing deadline.

UBS sells its 50% stake in Swisscard to American Express

UBS is offloading part of the Credit Suisse business it acquired last year with a deal to sell the fallen bank’s 50% stake in credit card provider Swisscard.

Cigna resumes mega merger talks with rival health insurer Humana, Bloomberg News reports

U.S. health insurer Cigna Group has revived efforts to merge with smaller rival Humana after abandoning the pursuit late last year, Bloomberg News reported on Friday, citing people familiar with the matter.

Microsoft launches Copilot AI features as investors look for signs artificial intelligence is paying off

Microsoft is continuing to find ways to monetize its massive investments in artificial intelligence with an increasing array of software offerings for enterprises and consumers. The company’s latest effort is what it calls autonomous agents and comes as Wall Street prepares to scrutinize tech companies’ AI spending and growth.