Tag: “Corporate”

Standard Chartered shares slide 12% as China losses hit earnings

Shares of the Asia-focused bank tanked as much as 17% in early deals, sparking a temporary halt in trade. The stock was around 10% lower by 11:15 a.m. London time.

Northrop Grumman lifts 2023 revenue outlook on weapons demand

Oct 26 (Reuters) – U.S. defense company Northrop Grumman on Thursday raised its annual revenue target for the second time this year after its third-quarter earnings beat analysts’ estimates helped by strong weapons demand.

UPS Earnings Meet Expectations. The Guidance Is Driving the Stock Lower.

United Parcel Service -1.60% reported third-quarter earnings that met Wall Street’s reduced expectations. The problem was with guidance.

TotalEnergies sticks to share buyback plans despite net income drop

The French energy company’s adjusted net income stood at $6.5 billion, down from the year-earlier $10 billion but just beating an analyst forecast of $6.4 billion, according to a consensus established from LSEG data.

BNP Paribas posts in-line Q3 profits as trading declines

BNP Paribas, the euro zone’s biggest bank, posted in-line quarterly results on Thursday, as a jump in corporate financing services offset the continued retreat in trading revenue.

Mytilineos: Στα 462 εκατ. τα καθαρά κέρδη στο 9μηνο – Αύξηση 48%

Αύξηση 48% εμφάνισε η Mytilineos στα Καθαρά Κέρδη Μετά από Δικαιώματα Μειοψηφίας που ανήλθαν στο 9μηνο σε €462 εκατ. έναντι €312 εκατ. το αντίστοιχο διάστημα του 2022. Αντίστοιχα, τα κέρδη ανά μετοχή διαμορφώθηκαν σε €3,336, αυξημένα κατά 46% σε σύγκριση με την αντίστοιχη περίοδο του προηγούμενου έτους.

Moody’s: Credit positive για την Alpha Bank η συμφωνία με την UniCredit

Πιστωτικά θετική (credit positive) για την Alpha Bank κρίνει τη συμφωνία με τη UniCredit η Moody’s, διότι τα κεφάλαια και η κερδοφορία της θα ενισχυθούν, αντισταθμίζοντας την κάπως μειωμένη γεωγραφική διαφοροποίηση των περιουσιακών στοιχείων και των εσόδων του ομίλου.

Τρ. Πειραιώς: Ολοκληρώθηκε η πώληση της Πειραιώς Direct Solutions στη Mellon Technologies έναντι €3 εκατ.

Η Τράπεζα Πειραιώς ολοκλήρωσε την πώληση του 100% της Πειραιώς Direct Solutions (PDS) στη Mellon Technologies έναντι περίπου €3 εκατ.

Με €1,24 δισ. εξαγόρασε την Enel Romania η ΔΕΗ

Επέκταση – ορόσημο στο εξωτερικό για τη ΔΕΗ με την εξαγορά της θυγατρικής της ENEL στη Ρουμανία. Στο 1,9 δισ. η συνολική αξία της επιχείρησης. Αυξάνεται σε 4,4 GW η παρουσία στις ΑΠΕ.

Microsoft Took Market Share from Google. How AI Is Changing Cloud Competition.

Microsoft and Alphabet’s earnings results were a tale of two clouds. Microsoft’s Azure impressed where Google Cloud disappointed, and the reason behind the divergence looks to be in artificial intelligence.

Porsche warns luxury not immune to economic woes as shares hit 1-year low

BERLIN, Oct 25 (Reuters) – Porsche AG shares on Wednesday hit a one-year low since its listing last September as the carmaker warned the luxury sector was also feeling the hit of dampened consumer spending as interest rates rise.

Boeing cuts 737 Max delivery forecast as production issues dent third-quarter results

Boeing said Wednesday it will deliver fewer 737 Max aircraft than it expected this year.

Microsoft Stock Jumps After Earnings Beat. The Cloud Looks Strong.

Microsoft 0.37% shares were trading higher after the company posted better-than-expected financial results for its September quarter, aided by better performance than expected from the company’s cloud computing business.

General Dynamics beats quarterly estimates on robust military equipment demand

Oct 25 (Reuters) – U.S. defense contractor General Dynamics (GD.N) beat Wall Street estimates on Wednesday, as buoyant military equipment demand helped overcome higher operating expenses.

Beer giant Heineken posts sales hit on Russia exit, higher prices

Heineken sold 4.2% less beer in the third quarter, as the Dutch brewer faced a challenging macroeconomic climate and consumers were deterred by higher prices.

Alphabet Earnings Beat Expectations. Why Its Stock Is Dropping.

Alphabet 1.69% stock fell in after-hours trading Tuesday despite stronger-than-expected quarterly earnings from the Google parent.

Reckitt sweetens drop in sales volumes with $1.2 bln buyback

LONDON, Oct 25 (Reuters) – Reckitt, maker of Dettol and Lysol cleaning products, on Wednesday missed third-quarter like-for-like sales expectations as volumes declined, but said it would start a 1 billion pound ($1.2 billion) share buyback programme “imminently”.

Visa Narrowly Tops Earnings Estimates. Postpandemic Travel Boost Continues.

Visa narrowly topped earnings estimates for its most recent quarter, driven by a continued postpandemic rebound in international travel.

Consumer Reports finds more lead, cadmium in chocolate, urges change at Hershey

NEW YORK, Oct 25 (Reuters) – Consumer Reports on Wednesday said it has found “concerning” levels of lead and cadmium in a new array of chocolate products, and renewed its call for Hershey to reduce the amounts of heavy metals its chocolate contains.

Texas Instruments Beat Earnings. Why Its Stock Is Dropping.

Texas Instruments 0.41% earnings topped estimates but its stock was dropping in after-hours trading Tuesday after the chip maker provided a revenue forecast for the December quarter below expectations.