Tag: “Corporate”

Dollar General shares tumbled on Thursday after the discount retailer slashed its sales and profit guidance for the full year, suggesting its lower-income customers are struggling in this economy.

Irish betting giant Flutter Entertainment said on Thursday it plans to appeal a $330 million ruling against itself and partner Spribe in Georgia in a trademark case filed by a former shareholder of its Georgian subsidiary Adjarabet.

American Eagle missed Wall Street’s sales targets for a second quarter in a row on Thursday, but profits grew by nearly 60% thanks in part to lower product costs.

Strong growth due to AI chip demand fails to meet Wall Street’s highest hopes

Birkenstock missed quarterly profit expectations on Thursday as the German sandal maker’s global expansion drive and production ramp-up compressed its margins, sending its shares down 12% in premarket trading.

European food delivery firm Delivery Hero says it plans to spin off its Middle East business Talabat and float it on the Dubai stock exchange later this year.

 Best Buy raised its annual profit forecast after topping second-quarter earnings expectations on Thursday, as tighter controls on costs help the electronics retailer offset the impact from steeper discounts and promotions across categories.

Αύξηση 5% κατέγραψε ο κύκλος εργασιών του ομίλου της Motor Oil Hellas το πρώτο εξάμηνο του 2024 φτάνοντας τα 6,238 δισ. ευρώ από 5,928 δισ. ευρώ το αντίστοιχο διάστημα του 2023.

Με ισχυρά σχήματα, ανάμεσα στα οποία δύο αραβικοί όμιλοι και τρία funds, θα συνεχιστεί η διαδικασία πώλησης της συμμετοχής της BC Partners (55%) στη Nova. Εκτός διαδικασίας τόσο η ΔΕΗ όσο και η CVC.

Επιστολή – τελεσίγραφο έλαβε ο ΑΔΜΗΕ από την Nexans όπου της καθιστά σαφές ότι αν μέχρι την Παρασκευή δεν έχουν κλείσει οι ρυθμιστικές και άλλες εκκρεμότητες για την ηλεκτρική διασύνδεση Ελλάδας – Κύπρου, ώστε ο ΑΔΜΗΕ να δώσει την τελική εντολή στη Nexans, τότε ο διεθνής όμιλος προχωρά σε πλήρη αναστολή εργασιών για το καλώδιο από την Δευτέρα 2 Σεπτεμβρίου.

Ειδικότερα, όπως ανακοίνωσε λίγο νωρίτερα στους δημοσιογράφους ο πρόεδρος Βασίλης Φουρλής, ο όμιλος προχώρησε στην εξαγορά των δραστηριοτήτων της Foot Locker σε Ελλάδα και Ρουμανία, καθώς και στη σύναψη συμφωνιών αδειοδότησης για την επέκταση του δικτύου της Foot Locker στη Νοτιοανατολική Ευρώπη.

Internal talks on blocking takeover attempt by Canada’s Couche-Tard comes despite official moves to look at best value for investors

The board of e.l.f. Beauty has authorized a new $500 million share-repurchase program.

Hong Kong-listed shares of Chinese online retailer JD.com climbed 1.2% on Wednesday, outperforming the decline on the Hang Seng index after the firm announced a $5 billion buyback late Tuesday.

Nordstrom stock surged Tuesday after the high-end department store topped earnings estimates and slightly raised its full-year guidance.

GSK shares jumped Wednesday on news Delaware’s top court ruled in the pharmaceutical company’s favor, by agreeing to review the admissibility of expert evidence that could play a part in the British firm’s legal fight against claims its Zantac heartburn drug causes cancer.

The beleaguered sneaker company’s same-store sales grew 2.6% during its fiscal second quarter, far better than the 0.7% uptick that analysts had expected, according to StreetAccount. Its gross margin also expanded for the first time in more than two years.

Shares of PVH Corp. fell nearly 8% in the extended session Tuesday after the parent company of Calvin Klein and Tommy Hilfiger reported a better-than-expected second quarter, but said that its business environment in the all-important Asia Pacific region has faced challenges.

The Canadian central bank’s interest rate cuts for two straight months, in June and July, have boosted trading and wealth management activities for the country’s lenders.

Abercrombie & Fitch ’s revenue grew 21% during its fiscal second quarter as the apparel company builds on its torrid growth.