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TradingRevolut gets UK trading license, set to offer UK & EU stock trading
BusinessVivendi sees canal+, havas 2024 revenue growth broadly stable
InvestingPorsche SE earnings down a third as German carmakers struggle
Top StoriesSpain’s melia books 24% 9-month net profit increase as summer sales soar
German arms group rheinmetall targets record sales as political landscape shifts
Date: November 8, 2024
By Matthias Inverardi and Miranda Murray BERLIN (Reuters) -Germany’s Rheinmetall, boosted by the lift in European defence spending sparked by the Ukraine war, on Thursday said political shifts in the United States and Germany would not affect its path to record growth. Shares in Rheinmetall were up 7.83% at 1431 GMT and on track for...
Jeweller pandora’s shares sink as warns soaring silver could dent margins
Date: November 6, 2024
By Isabelle Yr Carlsson and Louise Rasmussen COPENHAGEN (Reuters) -Pandora said on Wednesday that higher silver and gold prices could hit its 2026 operating profit margin target, sending the Danish company’s shares as much as 7% lower. Best known for its charm bracelets, with prices ranging from $60 to more than $2,000, has been a...
Norwegian cruise lifts profit forecast again after record ticket sales
Date: October 31, 2024
(Reuters) – Norwegian Cruise Line Holdings on Thursday raised its annual profit forecast for a fourth time this year, encouraged by record third-quarter revenue and advance ticket sales. Cruise operators marked robust demand this quarter for their vacation experiences as consumer spending in the U.S. increased at its fastest pace in 1-1/2 years and inflation...
Endesa’s 9-month net profit surpasses expectations with 33% increase
Date: October 30, 2024
MADRID (Reuters) -Spanish power utility Endesa said on Wednesday that it is on track to meet its targets for the year after a recovery in its gas business helped net profit for the first nine months rise 33%, surpassing analysts’ expectations. The company, owned by Italian energy giant Enel, posted a net profit of 1.4...
Snap beats revenue and user growth estimates, announces $500 million buyback
Date: October 30, 2024
By Sheila Dang (Reuters) -Snap beat Wall Street expectations for both quarterly revenue and user growth on Tuesday, as the parent company of messaging app Snapchat has been able to lure back some advertisers with better-performing ad features. It also announced a share repurchase program of up to $500 million. Shares of Snap initially fell...
Results from alphabet and snap lift shares of online ad sellers
Date: October 30, 2024
(Reuters) – Online ad sellers added over $100 billion stock market value late on Tuesday after upbeat quarterly results from Alphabet, Reddit and Snap lifted investor optimism ahead of reports from Amazon and Meta Platforms. Alphabet’s stock rallied 4% in extended trade after it topped quarterly revenue expectations, helped by steady growth in its...