Tag: “Corporate”

Eli Lilly results top estimates on Mounjaro strength but slashes full-year profit outlook

Eli Lilly reported third-quarter revenue and adjusted earnings that topped expectations, lifted by $1.4 billion in sales from its blockbuster diabetes drug Mounjaro.

PayPal surges as pledge to turn “leaner” keeps crypto concerns at bay

PayPal Holdings was set to add $4 billion to its market value as a pledge to turn “leaner” cheered up investors, even as the payments giant disclosed a subpoena from the U.S. Securities and Exchange Commission tied to its stablecoin.

Shopify Stock Is Soaring. Earnings Were Strong.

Shopify stock is surging in premarket trading Thursday after the e-commerce platform handily topped earnings and sales estimates.

Moderna stock falls 10% as hefty Covid vaccine write-downs drive big loss

Moderna posted a loss for the third quarter as demand for its Covid shots declined.

Novo Nordisk Earnings Surge. It Can’t Make Weight-Loss Drugs Fast Enough.

Novo Nordisk reported a surge in earnings and revenue on Thursday as it continues to benefit from the popularity of its weight-loss drugs. However, the company is still struggling with raising the supply of the drugs to meet demand.

Shell posts $6.2 billion third-quarter profit, announces $3.5 billion share buyback

Shell on Thursday reported $6.2 billion profit for the third quarter, roughly in line with estimates.

Lufthansa upbeat on travel demand as Q3 beats estimates

Lufthansa on Thursday surprised the market with a solid outlook for the fourth quarter, with costs falling and bookings strong ahead of the Christmas holiday season, sending its shares up over 6.5% on Thursday.

Starbucks’ stock soars 7% after earnings crush estimates

Starbucks Corp.’s stock soared 7% in premarket trade Thursday, after the coffee store chain posted better-than-expected earnings for its fiscal fourth quarter.

Disney Is Buying Comcast’s Hulu Stake. The Price Is TBD.

Walt Disney on Wednesday said that Comcast has exercised its right to sell its one-third stake in the streaming service to Disney, which holds the other two thirds.

Ferrari 3Q Rev EUR1.54B

Ferrari raised its full-year guidance after profit and revenue grew in the third quarter on a better sales mix and higher demand for vehicle customization.

Roku soars as improving ad revenue fuels upbeat forecast

Shares of Roku jumped nearly 20% on Thursday as the streaming device maker delivered a surprise core profit in the third quarter and forecast quarterly revenue above Wall Street estimates on the back of a recovery in the advertising market.

E.l.f. Beauty blows past Wall Street’s estimates, raises full-year guidance again

E.l.f. Beauty raised its full-year guidance for a second quarter in a row after beating Wall Street’s estimates on the top and bottom lines.

UniCredit: Πληροφορίες για βελτιωμένο τίμημα στο 1,43 με 1,45 ευρώ ανά μετοχή για το 9% της Alpha Bank

Στην αύξηση του τιμήματος που προσφέρει για την απόκτηση του 9% της Alpha Bank από το Ταμείο Χρηματοπιστωτικής Σταθερότητας θα προχωρήσει την Παρασκευή η  Unicredit,  βελτιώνοντας την τιμή κατά 8% με 10%, όπως αναφέρουν καλά πληροφορημένες πηγές.

Τέρνα Ενεργειακή: Αλμα κερδών και τζίρου το τρίτο τρίμηνο

Στα 49,8 εκατ. αυξήθηκαν τα λειτουργικά κέρδη του εισηγμένου ομίλου λόγω και της σταδιακής ηλέκτρισης του Καφηρέα. Προβλέπει σημαντική άνοδο μεγεθών και τις επόμενες περιόδους.

Υπεγράφη δεσμευτική συμφωνία για τη Συναλλαγή Solar από τις 4 συστημικές τράπεζες

Την υπογραφή δεσμευτικής συμφωνίας για τη συναλλαγή Solar ανακοίνωσαν οι τέσσερις συστημικές τράπεζες της Ελλάδας, Eurobank, Alpha Bank, Εθνική Τράπεζα και Τράπεζα Πειραιώς.

Toyota rides weak yen, demand for hybrids to post blowout profit

TOKYO, Nov 1 (Reuters) – Toyota Motor more than doubled its second-quarter profit and sharply raised its full-year outlook on Wednesday, as a weaker yen currency bolstered the impact of robust global sales.

‍Orsted hit by up to $5.6 billion impairment on halted US projects

Nov 1 (Reuters) – Renewable energy firm Orsted on Wednesday halted the development of two U.S. offshore wind projects and said related impairments had surged, as the industry grapples with supply chain delays and higher costs.

Slow Pizza Hut sales in the U.S. weigh on Yum Brands’ revenue

Yum Brands reported better-than-expected earnings, but its quarterly revenue fell short of Wall Street’s estimates.

NIO, XPeng, and Li Auto Deliveries Set a Record. Tesla Investors Are Relieved.

NIO reported deliveries of 16,074 vehicles in October, up from 10,059 units delivered in October 2022. In September, NIO delivered 15,461 units

DuPont Beats Earnings Estimates. The Stock Is Down on Guidance.

DuPont stock was down in early trading after quarterly results showed that the global economy just isn’tgreat for industrial and materials companies. Things are still slowing down.