market-capitalisation
BusinessCoca-Cola Europacific Partners Cuts Annual Sales Forecast on Weak Europe Demand
InvestingFraport Says Germany’s High Costs Slow Travel Recovery at Frankfurt Airport
FinanceChipmaker Nxp Forecasts Quarterly Revenue Below Estimates on Macroeconomic Concerns
TechnologyMarket Value of Nvidia and Tsmc Surges in October on Strong AI Chip Demand
Burberry Shares Jump on Moncler Bid Report
Date: November 4, 2024
(Reuters) -Burberry shares rose as much as 8% on Monday after a media report said Italian luxury outerwear maker Moncler was considering a bid for the British luxury retailer. Moncler, known for its puffer jackets, on Sunday, said it would not comment on “unsubstantiated rumours” of a possible deal between the two luxury brands. Burberry,...
Apple Offers Modest Growth Outlook After iPhone Sales Help Beat Profit Expectations
Date: November 1, 2024
By Stephen Nellis, Akash Sriram (Reuters) -Apple’s AI-enhanced iPhone made a strong start, pushing quarterly sales ahead of Wall Street expectations, but a modest revenue forecast raised questions about whether that momentum will hold over the holiday sales season. A decline in China sales during the fourth quarter also concerned some analysts and investors, helping...
Roblox Lifts Annual Bookings Forecast as In-Game Spending Booms
Date: October 31, 2024
By Zaheer Kachwala (Reuters) -Videogame platform Roblox raised its forecast for full-year 2024 bookings on Thursday, as it continues to benefit from robust spending within its virtual worlds, sending its shares up around 7% in premarket trading. Roblox’s free-to-play model has been attracting significant consumer spending on its platform despite a wider slowdown in gaming...
Maersk Sees No Suez Canal Return Until ‘well Into 2025’ Due to Red Sea Threat
Date: October 31, 2024
By Stine Jacobsen COPENHAGEN (Reuters) -A.P. Moller-Maersk expects strong demand for shipping goods around the world to continue in the coming months, but sees no return to sailing through the Suez Canal until 2025 due to the threat of Red Sea attacks. Attacks on vessels in the Red Sea by Iran-aligned Houthi militants have disrupted...
Spain’s Puig Posts 11% Rise in Q3 Sales, Beats Expectations
Date: October 30, 2024
By Corina Pons MADRID (Reuters) -Spanish fashion and perfumes company Puig reported an 11% rise in third-quarter sales on Tuesday, beating analysts’ expectations after sector rivals posted disappointing results due to lower demand in China. The Barcelona-based firm behind perfume brands Rabanne, Carolina Herrera and Jean Paul Gaultier said net sales for the three-months...
Straumann’s Sales Rise, Boosted by Strong Demand in Asia-Pacific
Date: October 29, 2024
(Reuters) -Swiss dental implants maker Straumann on Tuesday reported a double-digit percentage rise in its organic revenue for the third quarter, as more people sought dental services around the world, especially in the Asia-Pacific region. Revenue grew to 585.5 million Swiss Francs ($676.6 million) in the quarter, up 11.2% when excluding currency exchange effects...