Category Archives:
STMicro’s Q3 sales, gross margin beat market expectations
PARIS (Reuters) - Franco-Italian chipmaker STMicroelectronics reported third-quarter sales and gross margin that beat market expectations, with demand rising across all its product lines. Net revenues...
Oct 27, 2022
Telenet’s quarterly core earnings miss estimates
(Reuters) - Belgian telecoms company Telenet on Thursday reported third-quarter core earnings below expectations, citing the impact of inflation, high energy prices, and tower-related lease payments. ...
Oct 27, 2022
Credit Suisse says to raise 4 billion francs of capital
By Michael Shields, Noele Illien and John O'Donnell ZURICH (Reuters) - Credit Suisse plans to raise 4 billion Swiss francs ($4 billion)of fresh capital by selling stock to new and existing investors, ...
Oct 27, 2022
Toshiba’s preferred bidder struggling to secure equity commitments -sources
By Makiko Yamazaki and Ritsuko Shimizu TOKYO (Reuters) - Japan Industrial Partners (JIP), the preferred bidder to buy out Toshiba Corp, is having difficulty securing sufficient equity commitments from...
Oct 27, 2022
Capgemini ‘comfortable’ with top end of FY targets
(Reuters) - Capgemini said on Thursday it expects its full-year results at the top end of its guidance, after the French IT consulting firm posted a rise in quarterly revenues driven by demand for clo...
Oct 27, 2022
Swedbank Q3 operating profit tops forecast
STOCKHOLM (Reuters) - Swedish bank Swedbank on Thursday reported better-than-expected operating profit for the third quarter on the back of strong income from mortgages. Swedbank said in a statement i...
Oct 27, 2022
Volvo Cars’ quarterly operating profit falls
(Reuters) - Swedish automaker Volvo Cars said on Thursday that it would try to manage the macroeconomic headwinds and ongoing turbulence that continued to hit the company as it reported a fall in its ...
Oct 27, 2022
Lufthansa forecasts strong air travel demand in months ahead
FRANKFURT (Reuters) - Germany's Lufthansa gave an upbeat forecast for the air travel market on Thursday, saying it expected air travel demand to remain strong, with high average yields. It plans to of...
Oct 27, 2022
Credit Suisse posts Q3 loss of 4 billion Swiss francs
ZURICH (Reuters) - Credit Suisse Group lost 4 billion Swiss francs ($4.06 billion) in the third quarter, badly missing the average estimate of 413 million francs in a consensus compiled by the embattl...
Oct 27, 2022
Marketmind: Sinking feeling
A look at the day ahead in European and global markets from Anshuman Daga The showman that he is, Tesla's Elon Musk entered Twitter's HQ on Wednesday carrying a sink, hours ahead of an end-of-week dea...
Oct 27, 2022
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