Tag: “Corporate”

Sony raises forecast on PlayStation gaming growth but profit drops 31% in first quarter

Sony on Wednesday reported a 31% fall in profit in the first fiscal quarter as its life insurance unit dragged on its bottom line, but the company raised full-year sales forecasts on the back of expected strength for its PlayStation gaming business.

Take-Two Earnings Miss Estimates, but CEO Cites a ‘Powerful Release Schedule’

Take-Two Interactive Softwar  missed earnings expectations in its latest quarter, but shares were still rising in late trading. Most of the focus from investors of late has been on fiscal 2025 and beyond.

Italian bank stocks rebound as government waters down windfall tax

City analysts estimated the announcement of a 40% tax on excess income derived from higher interest rates in 2023 will deal a 19% blow to Italian lenders’ net profits for the year.

Rivian Raises Production Forecast as Results Surprise Wall Street

The EV start-up Rivian Automotive delivered second-quarter results that beat Wall Street estimates and raised its forecast for production for the full year. Shares were falling in after-hours trading anyway.

Ζωηρό ενδιαφέρον για την εισαγωγή του «Ελ. Βενιζέλος» στο ΧΑ

Κλιμακώνεται το επενδυτικό ενδιαφέρον από την Ελλάδα και το εξωτερικό για την επικείμενη δημόσια εγγραφή του Διεθνούς Αερολιμένα Αθηνών στο Χρηματιστήριο Αθηνών, καθώς η επιβατική κίνηση σημειώνει αλλεπάλληλα ιστορικά ρεκόρ και η προοπτική για το μέλλον εκτιμάται λίαν ενθαρρυντική.

Έκλεισε το deal Μυτιληναίου – Volterra – Περί τα €25 εκατ. το μέγιστο τίμημα (upd)

Ένα ακόμη βήμα για την ενίσχυση του πελατολογίου της στην αγορά του retail φαίνεται να κάνει η εταιρεία Μυτιληναίος, με την υπογραφή τηες συμφωνίας για την απόκτηση της Volterra από την ΑΒΑΞ.

Alpha Bank: Κέρδη 302,6 εκατ. ευρώ στο α’ εξάμηνο

Καθαρά κέρδη ύψους 302,6 εκατ. ευρώ κατέγραψε η Alpha Bank στο α’ εξάμηνο έναντι 238,6 εκατ. ευρώ την αντίστοιχη περσινή περίοδο.

Coca-Cola HBC: Αύξηση των λειτουργικών κερδών κατά 17,7% το α’ εξάμηνο του 2023

Ισχυρή άνοδο στα λειτουργικά κέρδη και στα καθαρά έσοδα από πωλήσεις σημείωσε η Coca-Cola HBC για το α’ εξάμηνο του 2023, σύμφωνα με τα αποτελέσματα που ανακοίνωσε την Τετάρτη η εταιρεία.

China’s car sales fall for 2nd month in July as price war continues

China’s passenger vehicle sales fell for a second month in July, as discounts and government support measures failed to persuade consumers wary of buying cars amid a sputtering economy and a prolonged slump in the housing market.

UPS cuts margin, revenue forecasts as new labor contract weighs

United Parcel Service on Tuesday cut its full-year revenue and margin forecasts and its shares fell 5.1% in premarket trading, as the world’s largest delivery company expects a hit to volumes from a new labor contract.

Warner Music Group third-quarter profit beats analyst estimates

Warner Music Group Corp. stock was up 3.5% in premarket trading on Tuesday after its third-quarter profit and revenue beat analyst estimates. Warner Music said its third-quarter profit fell to $122 million, or 23 cents a share, from $124 million, or 24 cents a share, in the year-ago quarter.

Apple and Samsung to invest in SoftBank’s Arm at IPO -Nikkei

Apple (AAPL.O) and Samsung Electronics (005930.KS) will invest in SoftBank Group (9984.T)-owned chip designer Arm at its initial public offering (IPO), expected in September, Japan’s Nikkei newspaper reported on Tuesday.

Novo Nordisk shares pop after key trial data shows Wegovy cuts risk of heart attack or stroke by 20%

Shares of Danish drugmaker Novo Nordisk soared on Tuesday, after late-stage trial data showed that its obesity drug Wegovy reduced the risk of major cardiovascular events such as heart attacks or strokes by 20%, compared with a placebo.

Eli Lilly Stock Is Flying After Strong Results. Obesity Drugs Delivered the Goods.

Eli Lilly stock was flying on Tuesday after the drugmaker recorded quarterly profit and revenue well ahead of Wall Street’s expectations. Sales of obesity drugs are delivering the goods.

Paramount Stock Jumps on Streaming Progress. The Pressure’s Now on Disney.

The streaming wars are no longer just about subscriber growth. Paramount Global added just 700,000 subscribers in the second quarter, compared to 4.1 million in the first quarter.

Lucid misses revenue expectations after EV deliveries disappoint

Luxury electric vehicle maker Lucid Group reported that its second-quarter revenue fell short of Wall Street’s expectations after it delivered fewer of its Air luxury sedans than expected during the period.

Barrick beats quarterly profit estimates on higher gold prices

Barrick Gold Corp (ABX.TO) beat analysts’ expectations for second-quarter profit on Tuesday, as the Canadian gold miner benefited from higher prices of the precious metal.

Novavax posts unexpected Q2 profit on earlier COVID revenue

Novavax on Tuesday posted an unexpected second-quarter profit on earlier-than-expected revenue from its COVID-19 vaccine, but still trimmed its full-year forecast for sales of the shot.

Billionaire Charlie Ergen is combining Dish and EchoStar in all-stock deal, confirming earlier reports

Billionaire Charlie Ergen is combining his two telecom companies, pay-TV provider Dish Network Corp. DISH, +0.66% and satellite-communications company EchoStar Corp. SATS, +21.26% in an all-stock deal, the companies said Tuesday, confirming a report by the Wall Street Journal late Monday.

Μη δεσμευτική προσφορά για την Κωτσόβολος από την Quest Συμμετοχών

Σε νέα ανακοίνωση σχετικά με το ενδιαφέρον εξαγοράς της Κωτσόβολος προχώρησε η Quest Συμμετοχών, διευκρινίζοντας ότι η εταιρεία συμμετέχει στις σχετικές διαδικασίες, οι οποίες σ’ αυτό το στάδιο βρίσκονται σε φάση κατάθεσης ενδεικτικών και μη δεσμευτικών προσφορών.