Tag: “Corporate”

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.

Santander tops forecast as strong Europe offsets weaker US

MADRID, Oct 25 (Reuters) – Spanish bank Santander beat forecasts on Wednesday with a 20% rise in third quarter net profit as a strong performance in Europe offset weaker trade in the United States and higher provisions.

Deutsche Bank shares surge 7% after net profit beats expectations

Deutsche Bank on Wednesday reported a third-quarter net profit of 1.031 billion euros ($1.06 billion), slightly beating expectations despite an 8% fall on the previous year and ongoing struggles in the lender’s investment unit.

T-Mobile Delivers Earnings Beat and Raises Free Cash Flow Forecast. The Stock Is Gaining.

T-Mobile stock moved higher early Wednesday after the wireless provider posted profit that beat estimates and raised the lower end of its full-year free cash flow forecast.

Moody’s quarterly profit beats estimates on robust demand

Oct 25 (Reuters) – Ratings agency Moody’s reported higher-than-expected profit in the third quarter on Wednesday, helped by strong demand for its research and analytics.

Trade Estates: Ιδιωτική τοποθέτηση από Autohellas, 1η Νοεμβρίου η ΔΠ

Την 1η Νοεμβρίου θα ξεκινήσει η Δημόσια Προφορά για είσοδο στο ΧΑ. Προβλέπεται ιδιωτική τοποθέτηση από Autohellas.

ΟΛΠ: Αύξηση 18% στα έσοδα, 28% στα καθαρά κέρδη

Αύξηση 18,2% στα έσοδα του ανακοίνωσε ο ΟΛΠ για το γ’ τρίμηνο του έτους στα 62,3 εκατ. ευρώ από 52,7 εκατ. ευρώ ένα χρόνο νωρίτερα.

Τέρνα Ενεργειακή: Κατηγορηματική διάψευση σεναρίων για ΑΜΚ

Η εισηγμένη καλεί τους επενδυτές να μην δίνουν σημασία σε ψεύδη που διακινούνται. Καλεί τις αρμόδιες αρχές να παρέμβουν στο πλαίσιο των αρμοδιοτήτων τους για την προστασία του επενδυτικού κοινού.

Κοινό business plan ετοιμάζουν Attica Bank – Παγκρήτια

Πυρετός διεργασιών βρίσκεται σε εξέλιξη ανάμεσα στην Attica Bank και την Παγκρήτια προκειμένου να καταρτιστεί κοινό επιχειρησιακό σχέδιο το οποίο θα αποτελέσει τη βάση για τη συγχώνευση των δύο μη συστημικών τραπεζών και τη δημιουργία του πέμπτου τραπεζικού πυλώνα στη χώρα.

RTX beats Q3 estimates on Collins business strength, approves $10 bln share repurchase

Oct 24 (Reuters) – RTX reported better-than-expected quarterly earnings on Tuesday, as strong performance at its Collins Aerospace business offset the hit it took due to a major quality crisis at engine making unit Pratt and Whitney.

Barclays down 6.5% after warning of fourth-quarter cost-cutting charges

Barclays CEO C.S. Venkatakrishnan said the bank “continued to manage credit well, remained disciplined on costs and maintained a strong capital position” against a “mixed market backdrop.”