International Companies
Home Depot Q1 revenue beats forecasts, comparable sales miss
Home Depot reported a slight dip in first-quarter comparable sales on Tuesday, although its earnings per share of $3. 63 slightly surpassed analysts' expectations of $3. 60.
Annual profits spark at DCC
Ireland’s DCC reported a jump in annual profits on Tuesday, on the back of strong trading in its core energy division.
Walgreens contacting potential buyers for Boots - report
Walgreens Boots Alliance is reportedly reaching out to potential buyers of the £7bn ($8. 8bn) Boots chemist chain.
Squarespace to go private in $6.9bn deal with Permira
Web design and hosting platform Squarespace announced on Monday that it is to go private in a $6. 9bn all-cash transaction with global private equity firm Permira.
SoftBank trims annual losses as NAV jumps
Japanese tech investment management giant SoftBank saw shares rise on Monday after reporting a significant drop in full-year losses and a near-doubling in net asset value.
Honda guides to profit decline this year as sales stall
Japanese carmaker Honda said that annual profits are expected to fall after a huge jump in the year just gone, with currency movements and rising costs estimated to weigh on the bottom line.
Novavax signs $1.2bn Covid-19 licensing deal with Sanofi, shares rocket
Shares of US biotech firm Novavax rocketed on Friday after it signed a $1. 2bn licensing agreement with French pharmaceutical group Sanofi to commercialise its Covid-19 vaccine from next year.
BBVA makes hostile takeover bid for Banco Sabadell
Spanish banking group BBVA has proposed a hostile takeover of smaller peer Banco Sabadell, taking its €12. 2bn offer directly to shareholders after the latter's board rejected an approach earlier this week.
Telefónica maintains outlook after Q1 beat
Spanish telecoms giant Telefónica has reiterated its full-year outlook after a better-than-expected first-quarter performance, with net income rising almost 80% on the year before.
Uber shares fall on first-quarter update
Shares in Uber Technologies fell sharply on Wednesday, after quarterly numbers disappointed.
Puma sales inch higher on DTC surge
Puma's share price rose strongly on Wednesday after the sporting goods manufacturer delivered an in-line first-quarter performance, with surging direct-to-consumer (DTC) sales making up for weakness in wholesale, as the company reiterated its growth guidance for the full year.
Higher costs weigh on earnings at BMW
Shares in Germany’s BMW Group came under pressure on Wednesday, after higher manufacturing costs weighed on quarterly earnings.
TSB to cut jobs, close branches
British high street lender TSB is to cut more than 200 jobs and close branches, it was confirmed on Wednesday.
Toyota projects fall in profits after bumper fourth quarter
Toyota Motor projected a 20% decrease in profit for the current financial year on Wednesday, as it planned large investments in both suppliers and strategic initiatives after a strong fourth-quarter performance.
Shares jump as Siemens Energy ups outlook
Shares in Siemens Energy sparked on Wednesday, after the German group upped its full-year outlook on the back of strong quarterly numbers.
AB Inbev's Q1 volumes fall less than expected
Shares in Anheuser-Busch InBev were rising strongly in Brussels after the Belgian beverages giant reiterated its full-year guidance following better-than-expected first-quarter volumes.
Alstom to cut debt through €1bn rights issue
French train maker Alstom announced plans to raise €1bn from shareholders on Wednesday, as it looks to slash debt.
First-quarter losses surge at Spirit AeroSystems
Losses at Spirit AeroSystems Holdings soared in the first quarter, the Boeing supplier confirmed on Tuesday, as production slowed and inventory built up.
Disney's streaming arm posts maiden profit
The Walt Disney Company’s entertainment streaming arm swung to profit in the last quarter, the US giant confirmed on Tuesday, the first time since the 2019 launch of Disney+.
Zalando returns to growth, shares spark
Zalando reiterated its full-year outlook on Tuesday after the German online-only retailer posted an uptick in first-quarter volumes and swung back into the back.