International Companies
ExxonMobil posts record Q1 earnings
ExxonMobil posted record first-quarter earnings on Friday amid higher output.
Jefferies rallies as Sumitomo plans to lift stake to 15%
Jefferies rallied on Thursday after Sumitomo Financial Group said it plans to raise its stake in the bank to 15% from 4. 5% as they expand their strategic alliance.
Eli Lilly hikes guidance despite first-quarter earnings miss
American pharmaceuticals maker Eli Lilly reported continued core business growth and pipeline momentum in its first-quarter numbers on Thursday, despite missing Wall Street expectations on its earnings.
Merck beats on Q1 earnings amid 'strong underlying performance'
Global pharmaceuticals firm Merck said in its first-quarter earnings on Thursday that, despite a 9% decrease in total worldwide sales year-on-year to $14. 49bn, it saw a “strong underlying performance” across key growth drivers, particularly in oncology and vaccines.
Deutsche Bank beats Q1 revenue estimates, negotiating share buybacks
Deutsche Bank reported better-than-expected growth on both its top and bottom lines for the first quarter.
Deutsche Boerse offers to buy SimCorp for €3.9bn, shares surge
Deutsche Boerse said on Thursday that it has offered to buy Danish software maker SimCorp for DKK29bn (€3. 9bn).
Amazon may be forced to recognise union for first time
E-commerce giant Amazon may be forced to recognise a British trade union for the first time in its history after British union GMB said roughly 700 staff at the US firm's Coventry site have become members.
UK's CMA to block Microsoft's $69bn takeover of Activision Blizzard
Activision Blizzard shares tumbled in pre-market trade on Wednesday after the UK’s Competition and Markets Authority said it will block the company’s $69bn takeover by Microsoft.
Capital One poised to swoop on concierge service Velocity Black - report
US credit card company Capital One is reportedly poised to swoop on British luxury concierge service Velocity Black in a deal said to be worth hundreds of millions of dollars.
Boeing Q1 net losses narrow, revenues up 28% YOY
Airplane manufacturer Boeing said on Wednesday that quarterly net losses had narrowed as revenues grew, driven by an improved performance in its commercial airplane unit.
Danone savours first-quarter sales hike, ups outlook
French good giant Danone raised its full-year guidance on Wednesday, after price hikes helped boost first-quarter sales.
First-quarter profits jump at Santander
First-quarter profits came in ahead of expectations at Santander, the Spanish banking group confirmed on Tuesday, after a strong performance in Europe offset weakness elsewhere.
GE boosts full-year forecasts on strong first quarter
US industrial group General Electric bolstered its full-year outlook on Tuesday, following a strong first quarter.
3M announces restructuring plans after Q1 earnings beat
American manufacturing conglomerate 3M reported first-quarter earnings per share of $1. 76 and adjusted earnings per share of $1. 97 on Tuesday, both well above analyst expectations for earnings of $1. 58 per share.
Nestle sales jump as prices rise
Nestle reported a jump in quarterly sales on Tuesday, after the Swiss food giant put prices up by nearly 10%.
UBS reports 'solid' first quarter amid Credit Suisse acquisition
Swiss banking giant UBS described “solid” underlying results and “strong” liquidity and capital in the first quarter on Tuesday, despite uncertain market conditions.
Trillium offers to buy Getty Images in $3.95bn deal
Activist investor Trillium Capital has offered to buy Getty Images in a $3. 95bn deal.
Tesla investors criticise "overcommitted" Musk
Shares in electric car firm Tesla Motors came under further pressure on Monday after a group of investors called on the board to rein in controversial chief executive Elon Musk.
Buoyant service sector helps boost Eurozone economy
The Eurozone economy strengthened in April, a closely-watched survey showed on Friday, bolstered by a resurgent service sector.
FirstGroup mulling potential Arriva bid - report
FirstGroup is mulling a bid for parts of Deutsche Bahn’s international transport business Arriva, it was reported on Friday.