Tag: “Corporate”

Dick’s shares fall 20% as retailer slashes outlook over theft concerns

Dick’s Sporting Goods reported a profit drop and cut its earnings outlook for the year after seeing an uptick in retail theft and slow sales in its outdoor category.

Fabrinet stock rallies as new AI products lift results

Shares of Fabrinet jumped 13% after hours on Monday after the high-tech manufacturing services company forecast first-quarter results that were above Wall Street’s expectations, after new AI products and data-communications sales drove results for its fourth quarter.

Zoom Delivered a Beat. Why Wall Street Is Wary of Betting on a Rebound.

Zoom Video Communications sales to businesses are holding up better than expected, but investors should be wary of how the macroeconomic environment will affect spending, KeyBanc’s Thomas Blakey wrote in a research note.

China’s Baidu reports 15% revenue growth, beating expectations

Chinese tech company Baidu reported better-than-expected revenue, up by 15% year-on-year in the second quarter and bolstered by growth in advertising.

Intrakat: Διαψεύδει τα περί «αναπτυξιακής αύξησης κεφαλαίου»

Διαψεύδεται από την Intrakat δημοσίευμα που θέλει την εταιρεία να προχωρά σε «αναπτυξιακή αύξηση μετοχικού κεφαλαίου».

Chinese EV maker Xpeng expects cost cuts, Volkswagen deal to narrow losses

Chinese EV maker Xpeng expects cost cuts and its Volkswagen partnership to boost the firm’s bottom line, its co-president told CNBC on Monday.

DuPont to sell majority stake in Delrin resins unit for about $1.6 bln

Chemical maker DuPont De Nemours (DD.N) said on Monday it has agreed to sell 80.1% of its Delrin resins unit to private equity firm TJC, formerly known as The Jordan Company, for about $1.6 billion.

Amazon relaunches a delivery service it put on hold during the pandemic

Amazon.com Inc. has relaunched its Amazon Shipping delivery service after a pandemic-era pause, the company confirmed on Friday. The news, reported on earlier in the day by the Wall Street Journal, marks the return of a segment of the online retailer that went head-to-head with the likes of FedEx Corp. FDX, -0.85% and United Parcel Service Inc.

Silicon Valley start-ups revive listing plans as Arm reignites IPO market

A group of Silicon Valley’s biggest private tech companies are dusting off long-delayed plans to list their shares, with the upcoming initial public offering of chip designer Arm set to provide a new gauge for market sentiment.

Palo Alto Networks Stock Jumps as Earnings Top Estimates

Palo Alto Networks stock was on the rise in late trading Friday after the security software company’s unusual end-of-the-week earnings report topped Street estimates.

Παπαστράτος: Άλμα στις πωλήσεις και στις προσλήψεις

Με τις νέες επενδύσεις για την αύξηση της παραγωγικής της δυναμικότητας σε πλήρη εξέλιξη, η καπνοβιομηχανία Παπαστράτος κατάφερε πέρυσι αύξηση τζίρου κατά 40%.

ΔΕΗ: Σεπτέμβριο οι τελικές υπογραφές για την Enel Romania

Εντός του χρονοδιαγράμματος που έχει ανακοινωθεί από τη Διοίκηση της ΔΕΗ αναμένεται να ολοκληρωθεί η εξαγορά της Enel Romania, μια κίνηση με βαρύνουσα σημασία για την εταιρεία και τις προοπτικές της.

ΔΕΗ: 112 στελέχη μοιράστηκαν δωρεάν μετοχές αξίας 6,7 εκατ. ευρώ

Οι δικαιούχοι παρέλαβαν τις μετοχές που τους αναλογούσαν άνευ χρηματικού ανταλλάγματος με υποχρέωση διακράτησης για χρονικό διάστημα τουλάχιστον έξι μηνών από την ημερομηνία κτήσης τους. Τα βασικά ονόματα.

FTSE Russell: Στο Large Cap η Viohalco, στο Mid Cap Cenergy και ΟΛΠ

Αλλαγές για εννέα ελληνικές μετοχές έφερε η εξαμηνιαία αναθεώρηση των δεικτών του οίκου FTSE Russell.

Moderna says new Covid vaccine was effective against Eris variant in early trial

Moderna’s new Covid vaccine generated a robust immune response against the now-dominant Eris variant and another rapidly spreading strain of the virus in an early clinical trial, the biotech company said Thursday. 

Keysight stock drops following disappointing outlook

Keysight Technologies Inc. shares fell in the extended session Thursday after the electronic-design and test-solutions company’s weaker-than-expected outlook overshadowed its earnings beat.

Chip tool maker Applied Materials shares jump after strong forecast

Semiconductor equipment maker Applied Materials  on Thursday forecast its fourth-quarter profit would be substantially higher than analyst estimates, as chip demand picks up and governments spend billions on subsidies.

Farfetch Stock Is Down 40% as Results Trigger Downgrade

Shares of Farfetch were tumbling after the e-commerce company for luxury fashion posted mixed results and lowered its forecast of the value of orders processed.

Estee Lauder forecasts weak annual profit on slow recovery in Asia travel retail

Estee Lauder projected annual net sales and profit below estimates on Friday, signaling a slower-than-expected recovery in its travel retail business, mainly in Asia, and easing demand in the United States, sending its shares down about 5% in premarket trade.

Xpeng shares drop 7% after the Chinese electric car maker posts a record quarterly loss

Xpeng on Friday reported a wider-than-expected loss in the second quarter, sending the Chinese electric car maker’s shares down more than 7% in premarket U.S. trade.