Tag: “Corporate”

Exxon Mobil agrees to buy Pioneer Natural Resources for nearly $60 billion in all-stock merger

As part of the agreement, Pioneer stockholders will receive 2.3234 shares of Exxon for every Pioneer share they own.

Plug Power’s stock rises as it projects big revenue jump by 2027

Plug Power Inc. PLUG, +11.70% stock was up 4.3% in premarket trades on Wednesday after the hydrogen fuel cell specialist said it expects to generate $6 billion in revenue by 2027 and $20 billion in revenue by 2030, as part of presentation by the company

Novo Nordisk stops Ozempic kidney trial after early signs of success

Oct 10 (Reuters) – Novo Nordisk (NOVOb.CO) said on Tuesday it will stop a trial studying Ozempic to treat kidney failure in diabetes patients ahead of schedule because it was clear from an interim analysis that the treatment would succeed.

Samsung Electronics expects third quarter profit to plunge 78% but shares surge

The company expects revenue will come in at approximately 67 trillion South Korean won ($50.02 billion) for the third quarter, while operating profit will stand at about 2.4 trillion won.

Walgreens names veteran health-care executive Tim Wentworth as next CEO

Walgreens Boots Alliance has chosen veteran health care executive Tim Wentworth as the company’s new chief executive starting Oct. 23.

LVMH shares fall to 2023 low as growth slows, pulling luxury sector down

Shares of luxury behemoth LVMH fell to their lowest level of the year on Wednesday after financial results disappointed.

HP Stock Rallies on Solid Profit Forecast, Dividend Hike

HPQ 1.34% Inc. said the company sees 2% to 4% long-term annual revenue growth, with earnings per share growth in the high single digit percentage range. The PC and printer company made the forecast Tuesday afternoon at a meeting with securities analysts in Palo Alto, Calif

Blackstone holds initial talks with Disney for stake in India arm, sources say

MUMBAI, Oct 11 (Reuters) – Private equity firm Blackstone (BX.N) has held preliminary discussions with Walt Disney (DIS.N) to acquire a stake in the Indian arm of the entertainment firm, two sources familiar with the matter told Reuters on Wednesday.

ΟΤΕ-Unisystems-Netcompany: Μπήκαν οι υπογραφές για τον ψηφιακό μετασχηματισμό του ΕΟΠΥΥ

Μπήκαν οι τελικές υπογραφές σύμφωνα με πληροφορίες από το ανάδοχο σχήμα για το έργο του ψηφιακού μετασχηματισμού του ΕΟΠΥΥ, συνολικής αξίας 37 εκατ. ευρώ.

Hellenic Cables και Jan De Nul ανέλαβαν σύμβαση καλωδίων για υπεράκτια αιολικά πάρκα στην Πολωνία

Η Cenergy Holdings ανακοινώνει ότι η Hellenic Cables, ο κλάδος καλωδίων της, σε συνεργασία με την Jan De Nul ανέλαβαν σύμβαση για τον σχεδιασμό, την κατασκευή, τη μεταφορά και την εγκατάσταση ενός υποβρύχιου συστήματος τεσσάρων export καλωδίων HVAC 220kV για τα πολωνικά υπεράκτια αιολικά πάρκα Baltyk II και Baltyk III.

Entersoft: Μεγάλη αύξηση εσόδων και κερδών στο 9μηνο

Η ισχυρή εισερχόμενη ζήτηση και το βαθύ pipeline νέων έργων ενισχύει την εκτίμηση για διατήρηση αντίστοιχων ρυθμών ανάπτυξης εσόδων και κερδοφορίας και το τέταρτο τρίμηνο δηλώνει η εταιρεία.

Υπεγράφη η συμφωνία μεταξύ Trade Estates και Reds για το Smart Park

Στην υπογραφή δεσμευτικής συμφωνίας με την Reds Α.Ε. (θυγατρική του Ομίλου ΕΛΛΑΚΤΩΡ) για την αγορά του 100% των μετοχών της “ΓΥΑΛΟΥ ΜΟΝΟΠΡΟΣΩΠΗ ΑΝΩΝΥΜΗ ΕΤΑΙΡEΙΑ ΕΜΠΟΡΙΚΩΝ ΤΟΥΡΙΣΤΙΚΩΝ ΔΡΑΣΤΗΡΙΟΤΗΤΩΝ & ΕΚΜΕΤΑΛΛΕΥΣΗΣ ΑΚΙΝΗΤΩΝ” (η “ΓΥΑΛΟΥ Μ.Α.Ε.”) ιδιοκτήτριας και διαχειρίστριας του Smart Park, προχώρησε σήμερα η Trade Estates ΑΕΕΑΠ, θυγατρική του Ομίλου FOURLIS.

Κέρδη 5,2 εκατ. σημείωσε ο όμιλος Ελίν στο εξάμηνο

Μικρή μείωση της κερδοφορίας στο εξάμηνο του 2023 παρουσίασε η Ελίν, αποτέλεσμα του αρνητικού περιβάλλοντος της εσωτερικής αγοράς, που επηρεάστηκε μεταξύ άλλων από την επιβολή πλαφόν στο μεικτό περιθώριο κέρδους των καυσίμων.

Palantir’s stock rises as company discloses new Army AI contract worth up to $250 million

Palantir Technologies Inc.  won a new Army contract involving artificial intelligence, the company said Tuesday. The contract supports the Combatant Commands (COCOMs), Armed Services, Intelligence Community and Special Forces as those groups “continue to test” AI capabilities, Palantir said in a release.

PepsiCo beats Wall Street estimates, raises earnings outlook

PepsiCo beat Wall Street’s estimates for third-quarter earnings and revenue.

Country Garden Edges Closer to Default as China Property Woes Worsen

China’s largest property developer failed to repay a loan and expects to miss more international debt obligations. Country Garden has moved closer to a default that could ripple through the financial system of the world’s second-largest economy.

Unity CEO John Riccitiello is retiring from gaming software company after controversial pricing change

John Riccitiello is stepping down as CEO of Unity and will no longer be on its board.

Japan’s Denso, Mitsubishi Electric to invest $1 bln in Coherent’s silicon carbide unit

Oct 10 (Reuters) – Coherent (COHR.N), a major U.S. supplier of materials used to make chips for the automotive industry, said on Tuesday Japan’s Denso (6902.T) and Mitsubishi Electric (6503.T) will invest $1 billion in the company’s silicon carbide business.

Apple Could See a Hit to Profit if Google Loses DOJ Search Lawsuit: Analyst

AAPL 0.85% could suffer collateral damage from the Department of Justice lawsuit against Google, which alleges that the company competes unfairly in the market for internet search.

Honeywell to reorganize business in bid for improved sales growth

Company also says it expects third-quarter earnings per share to fall within or above prior range