Kesko Oyj (0BNS.L, KESKOA.HE, KESKOB.HE, KKOYF, KKOYY), a Finnish retailing conglomerate, on Wednesday reported higher net income in the first quarter compared with the previous year. For the first quarter, comprehensive income attributable to the owners of the parent increased to 72.9 million euros...
Orange S.A. (ORANY, ORA.PA, ORAN), on Tuesday, announced the signing of a 1.3 billion euros financing agreement with CaixaBank, S.A. (CABK.MC) and BNP Paribas SA (BNP.PA, BNPQY) to fund the acquisition of Scorefit. The financing is structured as a five year agreement, which will support the exercise...
Spanish financial services major Banco Santander S.A. (BNC.L, BSBR, SAN) reported Wednesday higher profit in its first quarter with a sindificant disposal gain and growth in total income. Further, the bank reaffirmed its fiscal 2026 targets. In the first quarter, profit attributable to the parent...
Mercedes-Benz Group (MBG.DE, MBG.MI) reported first quarter net profit attributable to shareholders of 1.42 billion euros compared to 1.68 billion euros, prior year. Earnings per share was 1.49 euros compared to 1.74 euros. Adjusted EBIT declined to 1.77 billion euros from 2.55 billion euros. In the...
German lender Deutsche Bank AG (DBK.DE, DBK.MI, DB) reported Wednesday higher profit in its first quarter, with increased net revenues. Looking ahead for fiscal 2026, the company noted that first-quarter performance in line with expectations, providing a solid step-off point for the bank's full-year...
Skandinaviska Enskilda Banken AB (SEBa.ST, SEB_C.ST) reported that its first quarter net profit attributable to shareholders was 7.50 billion Swedish kronor compared to 7.82 billion kronor, prior year. Earnings per share was 3.79 kronor compared to 3.84 kronor. Operating profit before items affecting...
Swiss banking major UBS Group AG (UBS) reported Wednesday significantly higher profit in its first quarter with increased revenues in core franchises. Looking ahead, the company said it expects second-quarter net interest income in both Global Wealth Management and Personal & Corporate Banking to...
Ecopro BM (247540.KQ) reported first quarter net income of 12.2 billon Korean won compared to a loss of 10.0 billion won, prior year. Operating income was 20.9 billion won, up 822.6% from last year. First quarter sales were 605.4 billion Korean won, a decline of 3.9% from a year ago. For the second...
Amorepacific (090435.KS, 090430.KS) reported first quarter net income of 113.0 billion Korean won, a decline of 5.0% from a year ago. Operating profit for the first quarter was 126.7 billion won, an increase of 7.6% from prior year. First quarter revenue was 1.14 trillion won, compared to 1.07 trillion...
Vale (VALE) reported first quarter net income attributable to shareholders of $1.89 billion, up 36% from a year ago. Earnings per share was $0.44 compared to $0.33. Adjusted EBITDA was $3.83 billion, up 23%. Proforma net income attributable to shareholders was $1.89 billion, an increase of 29% from...
After ending yesterday's choppy session narrowly mixed, stocks moved mostly lower during trading on Tuesday. The major averages all moved to the downside on the day, with the tech-heavy Nasdaq showing a notable slump. The major averages ended the day off their lows of the session but still in negative territory.
It takes 10-15 years and billions of dollars for a pharma company to bring a drug to the market. Now imagine that after years of effort, time, and investment, a company is forced to pull the drug from the market because the data used to secure approval was manipulated. That is the situation unfolding with ChemoCentryx's Tavneos, which received FDA approval in October 2021.
Following the lackluster performance seen in the previous session, stocks have moved mostly lower during trading on Tuesday. The tech-heavy Nasdaq has shown a notable move to the downside, pulling back off yesterday's record closing high.
Despite spiking gasoline prices, the Conference Board released a report on Tuesday showing an unexpected improvement in U.S. consumer confidence in the month of April. The Conference Board said its consumer confidence index crept up to 92.8 in April from an upwardly revised 92.2 in March.
Tuesday, Starboard Value LP, one of the largest shareholders of Dynatrace, Inc. (DT), announced that it has delivered a letter to the company's Chief Executive Officer, Rick McConnell, Chief Financial Officer, Jim Benson, and its Board of Directors. The letter stated that Starboard believed enterprise...
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.