International Companies
Philip Morris lowers FY earnings guidance
Tobacco giant Philip Morris lowered its full-year earnings outlook on Thursday amid rising tobacco leaf prices, energy, and labour costs.
First-quarter sales beat expectations at Renault
Renault Group reported a jump in first-quarter revenues on Thursday, fuelled by a rebound in sales and higher prices.
Link Group agrees £235m payout for Woodford investors
Australia's Link Group has agreed to pay out up to £235m to investors caught up in the collapse of the Woodford Equity Income Fund, it was confirmed on Thursday.
Morgan Stanley shares fall despite first quarter earnings beat
Investment banking giant Morgan Stanley was in the red in pre-market trading on Wednesday, despite beating consensus expectations on both revenue and net income.
First-quarter revenues fizz at Heineken
Heineken, the world’s second-largest brewer, reported improved first-quarter revenues on Wednesday, as higher prices helped offset a larger-than-expected slide in volumes.
Goldman Sachs misses Q1 revenues estimates, shares decline
Goldman Sachs beat the Street's estimates for its bottom line, but topline growth fell short.
Bank of America Q1 results buoyed by strong net interest income
Bank of America beat analysts' estimates for its first quarter, buoyed strong net interest income.
Air France and Airbus cleared of all wrongdoing in Flight AF447 crash
Air France and Airbus have been cleared of all wrongdoing in a plane crash that led to the death of 228 people after French judges have laid the blame solely at the feet of the aircraft's "sleeping pilots".
Charles Schwab posts mixed Q1 results, reports 1m new client accounts
Charles Schwab posted better-than-expected first quarter profits, although revenue growth came in a bit shy of the Street's estimates.
Sega to buy Angry Birds maker Rovio for €706m
Japanese gaming company Sega Sammy has agreed to buy Finland’s Rovio Entertainment - the maker of Angry Birds - for €706m (£625m).
State Street Q1 profits impacted by provisions, lower revenues
State Street posted lower than expected first quarter profits due in part to its provisions for credit losses.
J.P. Morgan posts record revenues, shares fly
J. P. Morgan shares jumped in trading before the opening bell on Wall Street after the banking heavyweight handily beat estimates on the Street for its first quarter results.
Revenues and net income march ahead at Citigroup
Citigroup reported first-quarter net income of $4. 6bn on Friday, or $2. 19 per diluted share, on revenues of $21. 4bn.
BlackRock earnings fall as quarterly revenue slides 10pc
BlackRock reported $103bn of quarterly long-term net inflows in its first quarter earnings on Friday, representing annualised organic asset growth of 5%, driven by continued momentum in bond exchange-traded funds (ETFs) and significant outsourcing mandates.
Wells Fargo Q1 profits beat expectations
Financial services giant Wells Fargo's quarterly profits came in ahead of expectations on the back of increased earnings from higher interest rates.
Hermes Q1 sales jump 23%
French luxury brand Hermes reported a jump in first-quarter sales on Friday, boosted in part by a solid performance in China.
Total said to consider $5bn bid for Neptune Energy
France’s TotalEnergies is reportedly considering a $5bn takeover bid for oil and gas exploration company Neptune Energy.
EToro to offer crypto, stock trading to Twitter users
Trading platform eToro will launch a new "cashtags" partnership with Twitter that will enable users of the social media platform to see real-time prices for a range of stocks, crypto and others assets and have the option to invest through eToro.
Emerson to buy National Instruments in $8.2bn deal
Emerson has agreed to buy National Instruments in an $8. 2bn deal.
Brookfield Infrastructure to buy Triton for $4.7bn
Triton International said on Wednesday that it has agreed to be bought by Brookfield Infrastructure for $4. 7bn in cash and shares.