Headline News
CVS Health lowers guidance after mixed second quarter
CVS Health Corporation revealed a mixed second-quarter performance on Wednesday, as well as a downward revision to its full-year earnings guidance due to continued pressure in its health care benefits segment.
Disney's theme parks drag on third quarter results
Walt Disney reported a mixed third-quarter performance on Wednesday, driven by significant growth in its streaming business, offset by challenges in its theme park operations.
British Land to vote against Cineworld restructuring - report
British Land is reportedly considering voting against a restructuring of Cineworld's British operations that could lead to the closure of dozens of sites.
SoftBank unveils share buyback as losses narrow
Technology investing giant SoftBank Group reported a significant reduction in losses for its fiscal first quarter on Wednesday, alongside a bold plan to repurchase up to $3. 4bn worth of its shares.
Vodafone launches €500m share buyback
Vodafone has announced a share buyback programme of up €500m (£430m) to start on Wednesday and end no later than 29 November.
Puma narrows full-year profit guidance, shares tank
Puma tanked on Wednesday as the sportswear maker narrowed its full-year core profit forecast, noting that macroeconomic and geopolitical challenges were weighing on consumer sentiment.
Commerzbank plans big share buyback despite profit dip
Commerzbank, Germany's second-largest listed bank, announced a 4. 8% decline in second-quarter net profit on Wednesday, reporting earnings of €538m compared to €565m in the same period last year.
Maersk upgrades guidance after strong second quarter
Maersk reported a significant improvement in its second-quarter financial performance on Wednesday, driven by strong volume growth across all of its business segments.
Hiscox H1 profits rise despite 'more active loss environment'
Lloyd’s of London insurer Hiscox posted a rise in first-half pre-tax profit on Wednesday despite a "more active loss environment".
Glencore posts sharp drop in 1H profits but upbeat on shareholder returns
Glencore posted a sharp decline in operating and net profits at the half-year stage, but sounded an optimistic note on the outlook for shareholder returns.
TP ICAP reports first-half growth, launches third share buyback
TP ICAP reported steady growth across key metrics in its first-half results on Wednesday, as it launched its third share buyback programme valued at £30m.
WPP lowers guidance after steady first-half performance
WPP, the world's largest advertising company, reported a steady first-half performance on Wednesday, although macroeconomic pressures and challenges in key markets such as China saw it revise its full-year outlook.
BoJ's Uchida says rates won't rise when markets unstable
Bank of Japan deputy governor Shinichi Uchida said the central bank would not lift interest rates when the markets are unstable, in response to this week's volatility that saw a massive sell-off in equities.
UK house prices rise in July after three flat months - Halifax
UK house prices rose in July after three flat months, according to figures released on Wednesday by Halifax.