Tag: “Corporate”

Revenues at Ferragamo down 17% in Q1, hit by China

Revenues at Italian luxury group Salvatore Ferragamo  fell 16.6% at constant exchange rates in the first quarter, with China proving difficult and amid a general slowdown in sales in all geographies and channels.

Novavax shares spike over 100% on Sanofi deal to commercialize Covid vaccine, develop combination shots

Novavax on Friday said it has signed a multibillion-dollar deal with French drugmaker Sanofi to co-commercialize the company’s Covid vaccine starting next year and develop combination shots targeting the coronavirus and the flu, among other efforts. 

Italy’s Pirelli confirms guidance after Q1 operating profit tops estimates

Italian tyre-maker Pirelli said on Thursday its adjusted operating profit rose 5.8% in the first quarter of the year, as the group benefited from efficiencies.

Gen Digital beats quarterly revenue estimates

Cybersecurity firm Gen Digital beat Wall Street’s fourth-quarter revenue estimate on Thursday, as customers spend more on cybersecurity networking solutions to combat sophisticated online threats.

Marathon Digital logs record earnings as it pushes past ‘operational challenges’

Marathon Digital Holdings Inc. said that it faced “operational challenges” in the latest quarter but managed nonetheless to take advantage of the cryptocurrency boom.

Καλώδιο Κρήτης – Κύπρου: Τελεσίγραφο Nexans σε ΑΔΜΗΕ «ή πληρώνετε τις δόσεις ή σταματώ το έργο»

Στην αυριανή συνεδρίαση της Oλομέλειας της Ρυθμιστικής Αρχής Ενέργειας αναμένεται να εγκριθεί η μεθοδολογία εσόδου για την ηλεκτρική διασύνδεση Κρήτης- Κύπρου που υλοποιεί ο ΑΔΜΗΕ.

Intralot: Στις 30 Μαΐου η τακτική Γ.Σ. για εκλογή Δ.Σ.

Στις 30 Μαΐου θα συνέλθει η τακτική Γενική Συνέλευση των μετόχων της Intralot, μεταξύ άλλων και για την εκλογή νέου Διοικητικού Συμβουλίου και Επιτροπής Ελέγχου.

Πτήσεις κοινού κωδικού ανακοίνωσαν Aegean και Saudia

Η AEGEAN και η Saudia, η αεροπορική εταιρεία της Σαουδικής Αραβίας, ανακοίνωσαν χθες, κατά τη διάρκεια της Τουριστικής Έκθεσης Arabian Travel Market 2024 (ATM) στο Ντουμπάι, μια νέα συνεργασία για πτήσεις κοινού κωδικού.

Όμιλος ΤΙΤΑΝ: Προχωρά σε listing της Titan America στις ΗΠΑ

Η Titan Cement International ανακοίνωσε την Πέμπτη το πρωί ότι προτίθεται να προχωρήσει σε εισαγωγή σε χρηματιστήριο των ΗΠΑ της θυγατρικής του Ομίλου, Titan America, αντλώντας κεφάλαια που θα διευκολύνουν τη χρηματοδότηση της μελλοντικής ανάπτυξης και των επενδυτικών ευκαιριών του Ομίλου ΤΙΤΑΝ και της Titan America.

Jumbo: Διπλασιάστηκε στο 3% το placement

Αυξήθηκε η διάθεση μετοχών μέσω placement της Jumbo, φτάνοντας τις 4 εκατ. μετοχές από 2 εκατ. μετοχές – ήτοι το 3% περίπου των μετοχών, όπως μεταδίδει το Bloomberg.

Nissan upbeat on annual profit despite challenges

Japan’s Nissan Motor expects to beat analyst estimates with a 5.5% rise in operating profit this fiscal year on higher global sales, it said on Thursday, while warning that intense competition and challenges from inflation would continue.

Robinhood Shares Jump on Earnings Beat, Surge in Net New Deposits

Robinhood Markets’ efforts to broaden its product lineup may be paying off as the company reported record first-quarter revenue and a surge in new assets.

Fincantieri to buy Leonardo’s submarine business for 250-300 mln euros – sources

Italian shipbuilder Fincantieri is set to buy Leonardo’s submarine business, known as Whitehead Alenia Sistemi Subacquei (WASS), in a deal expected to be announced later on Thursday, two sources close to the situation said.

Roblox cuts annual bookings forecast on muted player spending

Roblox cut its annual bookings forecast on Thursday, in a sign that people were dialing back on spending within its video-gaming platform amid an uncertain economic outlook and elevated levels of inflation.

Warner Bros. Discovery misses first-quarter estimates despite streaming growth

Warner Bros. Discovery reported first-quarter results on Thursday, missing analyst expectations on both the top and bottom lines despite strength in its streaming unit.

Coach parent Tapestry lowers annual sales forecast on weak demand

Coach handbag maker Tapestry cut its annual sales forecast and missed third-quarter revenue estimates on Thursday, signaling that demand for its handbags and accessories would remain weak in North America and China.

Chip designer Arm’s shares plunge over 8% after lackluster revenue guidance

Shares of British chip designer Arm fell 8.8% in premarket trading on Thursday, as lackluster revenue guidance clouded a positive sales quarter driven by demand for artificial intelligence applications.

Instacart Earnings Top Estimates but the Stock Is Slipping

Shares of Instacart were heading lower in after-hours trading Wednesday, despite financial results from the company that topped Wall Street estimates.

A rare hostile takeover bid in Europe’s banking sector has shocked markets

Spanish bank BBVA caught markets by surprise on Thursday after it announced a rare hostile takeover bid for domestic rival Banco Sabadell, with one investment firm describing the situation as “very strange.”

Airbnb slumps as gloomy forecast fans slowdown fears

Airbnb shares tumbled more than 8% premarket on Thursday after weak forecasts for the second quarter stoked investor fears about slowing growth at the vacation rental firm and took the shine off a strong quarterly profit beat.