capital-markets
BankingGreece’s Alpha Bank Posts Higher 9-month Profit on Lower Provisions, Strong Income
BusinessPoland’s Orlen Sees No Positive Cashflow From Olefins Project
InvestingShares of Sweden’s Sbb Plummet After Report Encouraging Investors to Sell
Top StoriesSoccer-Chelsea Thrash Everton 5-0, Man City Stay Top of Wsl
Yields Fall, Shares Rise After Muted Response to October Payrolls Data
Date: November 1, 2024
By Alun John LONDON (Reuters) -U.S. government bond yields fell and stock futures edged up on Friday after data showed the U.S. economy barely added any jobs in October, though the numbers was heavily disrupted by industrial action and hurricanes. Nonfarm payrolls increased by 12,000 jobs last month after surging by a downwardly revised 223,000...
Intel Rises on Recovery Hopes as It Forecasts Revenue Above Estimates
Date: November 1, 2024
By Max A. Cherney and Arsheeya Bajwa (Reuters) -Intel expressed optimism on Thursday about the future of its PC and server businesses, forecasting current-quarter revenue above estimates but warning that it had “a lot of work to do.” The chipmaker’s shares jumped more than 7% in extended trading, paring back bigger gains shortly after it...
Glencore Posts Lower Metals Output for First Nine Months, Reiterates Outlook
Date: October 30, 2024
LONDON (Reuters) -Glencore on Wednesday reported lower copper, cobalt, zinc, nickel and thermal coal production for the first nine months, but reiterated that it expects its trading profit to reach the high-end of its long-term range at up to $3.5 billion. The miner and trader’s own sourced copper production fell 4% to 705,200 metric tons,...
Hargreaves Lansdown Expects Takeover by CVC-led Consortium to Complete in Q1 2025
Date: October 29, 2024
(Reuters) – Hargreaves Lansdown, Britain’s largest investment platform, said on Tuesday it expects the completion of its agreed 5.4 billion pound ($7 billion) takeover by an international consortium in the first quarter of 2025. The consortium, consisting of Europe’s largest private equity firm CVC Capital Partners, Abu Dhabi’s sovereign wealth fund and Swedish private equity...
Factbox-IPOs Stage Fall Comeback in Europe
Date: October 29, 2024
(Reuters) -Initial public offerings (IPOs) are slowly coming back in Europe after a summer lull. Swedish real estate group Sveafastfighter priced its IPO at 3.5 billion crowns ($330.59 million), as it plans to debut in Stockholm by the end of the year, while Spanish energy and water utility Cox Energy plans to raise 300...
Italy’s Cariverona to Consider Buying Poste Shares in Treasury’s Planned Stake Sale
Date: October 29, 2024
(Fixes hyperlink in paragraph 2, no changes to text) MILAN (Reuters) -The Italian banking foundation Cariverona will consider buying Poste Italiane shares in the planned sale of a stake by the Italian Treasury, its chairman said on Monday. The Italian Treasury plans to sell a stake of around 14% of the Italian postal service...