capital-gain
InvestingAnglo American to sell stake in Australian steelmaking coal mines for $1.1 billion
TradingItaly’s finance minister defends tax hike on cryptocurrencies amid party spat
FinanceUK’s reeves announces rise in capital gains tax for most assets
Top StoriesSiemens misses profit forecast as industrial business struggles
Euronext to sell 11.1% stake in LCH SA to LCH group
Date: June 26, 2023
Euronext to sell 11.1% stake in LCH SA to LCH Group PARIS (Reuters) -European stock market operator Euronext said on Monday it had agreed to sell its 11.1% stake in the European operations of clearing company LCH SA to LCH Group Holdings, for 111 million euros ($121.1 million). The Amsterdam and Paris-based platform said in...
Break-even analysis: Determining the point of zero profit or loss
Date: June 12, 2023
What is Break-Even Analysis Break-Even Analysis is a powerful financial tool that helps businesses determine the point at which they neither make a profit nor incur a loss. It provides insights into the minimum level of sales or revenue required for a business to cover all its costs and expenses. In this article, we will...
Elevator maker kone hikes outlook as Q1 profit, orders beat forecasts
Date: April 26, 2023
Elevator maker Kone hikes outlook as Q1 profit, orders beat forecasts (Reuters) -Finnish elevator maker Kone raised its 2023 sales outlook on Wednesday after its first-quarter profit beat market expectations supported by strong demand in its modernization business. Kone shares traded around 4% higher at 1041 GMT. The Helsinki-listed company sees full-year sales “somewhat above”...
Nestle nudges 2022 sales outlook higher again
Date: November 29, 2022
ZURICH (Reuters) -Nestle has nudged its 2022 sales outlook higher again, the world’s largest packaged food company said ahead of an investor seminar on Tuesday. The company said it now expected organic sales growth of 8-8.5%, up from an October forecast of around 8%, and an underlying trading operating profit margin of around 17.0%. Underlying...
Credit suisse offers 889 million shares to existing investors in $4 billion capital hike
Date: November 25, 2022
ZURICH (Reuters) -Credit Suisse has made 889 million new shares available to existing investors at 2.52 Swiss francs ($2.67) per share, the bank said on Thursday, confirming the final terms of its 4 billion franc capital hike. The capital increase, which was approved by investors on Wednesday, is intended to fund the embattled bank’s turnaround...
Italy’s intesa to sell 654 million euro stake in payments group nexi
Date: November 15, 2022
By Valentina Za MILAN (Reuters) -Italy’s Intesa Sanpaolo said on Monday it was selling its entire 5.1% stake in Nexi, in an effort to cash in on a recent rally in shares of the payments group. Intesa agreed to a 25-year partnership as part of the Italian bank’s 2020 sale of its retailers’ payments business...