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Ryanair CEO O'Leary hits share-price target that could earn him 100 million euros
Eutelsat shares slip as investors pause rally on Ukraine prospects
France's atos to launch reverse stock split on March 25
HeadlinesSamsung chief jay Y. lee found not guilty in merger case
Microsoft's cloud outlook knocks shares, meta rises on AI payoff signs
Date: January 30, 2025
LONDON/MILAN (Reuters) - Microsoft shares fell in Europe on Thursday after it issued a downbeat forecast for its cloud business, while Facebook parent Meta shares rose after beating expectations, as...
Elf beauty stock slides after muddy waters says it has shorted its shares
Date: November 21, 2024
By Nell Mackenzie LONDON (Reuters) – Muddy Waters has taken a short position in cosmetics company Elf Beauty, the hedge fund’s chief executive Carson Block said at the Sohn conference in London on Wednesday. Shares in Elf were down 10% on the day after Block alleged at the event that Elf had overstated its revenue...
Samsung electronics plans $7.2 billion buyback after share price plunges
Date: November 15, 2024
SEOUL (Reuters) –Samsung Electronics has decided to buy back shares worth 10 trillion won ($7.17 billion) over a one-year period to boost shareholder value, after shares plunged to more than four-year lows earlier in the week. It is the first time Samsung Electronics has decided to buy back shares since 2017. Of the total, three...
Disney offers robust multi-year forecast, stoking stock
Date: November 14, 2024
By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) -Walt Disney shares surged Thursday after the entertainment giant reported quarterly earnings that beat Wall Street’s estimates and offered robust guidance for the coming years. The company projected adjusted earnings-per-share percentage growth in the high single digits in fiscal 2025, even with capital expenditures of roughly...
Intel shares set for record loss as turnaround struggle deepens
Date: August 2, 2024
(Reuters) -Intel was set to erase about $35 billion in stock market value on Friday in potentially its worst selloff ever after it suspended dividend and slashed workforce to fund a costly turnaround for its chip-making business. The company’s stock fell about 28% after Intel late on Thursday forecast quarterly revenue below estimates and announced...
Virgin galactic announces reverse stock split
Date: June 13, 2024
Virgin Galactic announces reverse stock split (Reuters) -Space tourism company Virgin Galactic announced a 1-for-20 reverse stock split on Wednesday, sending its shares down 19% in extended trading. The stock split is expected to go into effect on June 14 after markets close and resume trading on a split-adjusted basis after markets open on June...