corporate-strategy
Novartis to Acquire Avidity Biosciences for About $12 Billion
Signify Dims Sales Forecast as Soft US Demand Hits Professional Lighting Unit
Terna Does Not Comment Report on Potential Power Grid Stake Sale
Crisis-Hit Porsche Plunges to $1.1 Billion Quarterly Loss
Intel Shares Jump as Investments, Cost Cuts Catapult Turnaround Efforts
Date: October 24, 2025
LONDON (Reuters) -Intel shares rose nearly 10% in Frankfurt on Friday, a day after the company beat expectations for its third quarter profit helped by dramatic cost cutting measures. The results were...
Sika Posts Lower Nine-Month Sales, Plans up to 1,500 Job Cuts
Date: October 24, 2025
By John Revill ZURICH (Reuters) -Swiss industrial and construction chemicals maker Sika reported a drop in nine-month sales on Friday and said it would implement structural changes in its persistently...
Ferragamo Beats Forecasts With 1.7% Revenue Rise as CEO Search Continues
Date: October 23, 2025
MILAN (Reuters) -Italian luxury group Salvatore Ferragamo posted a stronger-than-expected 1.7% rise in quarterly sales, as it begins implementing turnaround measures while continuing its search for a...
Accor Lifts Profit Outlook, Plans Buyback After Narrow Q3 Miss
Date: October 23, 2025
By Mateusz Rabiega (Reuters) -Europe's biggest hotel group Accor upgraded its core profit guidance on Thursday and said that it planned to buy back shares worth 100 million euros ($117 million) in the...
Valeo Q3 Sales Beat Market Hopes, Europe Outperforms
Date: October 23, 2025
By Mathias de Rozario (Reuters) -French car parts supplier Valeo on Thursday reported 0.6% growth in sales for the third quarter of the year, a performance which was better than market expectations. ...
Lockmaker Allegion Lifts 2025 Profit Forecast on Strong Non-Residential Demand
Date: October 23, 2025
-Allegion raised its full-year profit forecast on Thursday, citing robust demand for its premium locks and electronic access systems in non-residential markets, which it expects will offset the impact...