Stocks
© Reuters. Germany stocks lower at close of trade; DAX down 1.08% Investing.com – Germany stocks were lower after the close on Thursday, as losses in the , and sectors led shares lower. At the close in Frankfurt, the lost 1.08% to hit a new 6-months low, while the index…
© Reuters Morgan Stanley expects similar deals from OEMs as Stellantis (STLA) forms JV with Leapmotor Stellantis (NYSE:) confirmed Wednesday night that the Chrysler-parent will invest EUR 1.5B to acquire approximately 20% of Chinese automaker, Leapmotor (HK:). The purchase also sets the stage for a planned joint venture between the…
© Reuters. FILE PHOTO: Universal Music Group logo is seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Dawn Chmielewski (Reuters) -Cultural phenomenon Taylor Swift helped fuel revenue at Universal Music Group (AS:) in the third quarter, the world’s largest record label said on Thursday. With…
© Reuters. Denmark stocks lower at close of trade; OMX Copenhagen 20 down 1.15% Investing.com – Denmark stocks were lower after the close on Thursday, as losses in the , and sectors led shares lower. At the close in Copenhagen, the fell 1.15%. The best performers of the session on…
© Reuters. France stocks mixed at close of trade; CAC 40 down 0.37% Investing.com – France stocks were mixed after the close on Thursday, as gains in the , and sectors led shares higher while losses in the , and sectors led shares lower. At the close in Paris, the…
© Reuters. In the wake of recent leadership changes, Unilever (LON:)’s Q3 report indicated a 5.2% sales increase to £13.3 billion, spurred by a 5.8% price hike despite a 0.6% decrease in sales volume. The multinational consumer goods company, known for its brands such as Dove, Persil, Hellmann’s, and Ben…
© Reuters. Despite a three-month dip of 3.3% in its stock value, DuPont de Nemours (NYSE:) showcased strong financial performance, underpinned by a five-year net income growth rate of 43%. The robust growth is attributed to efficient management within the company, a fact echoed by InvestingPro Tips, which highlight that…
© Reuters. In an effort to expand its product line and appeal to a wider consumer base, Tata Motors (NYSE:) has confirmed plans to offer a petrol engine option for its Harrier and Safari SUVs. The company will replace the existing 2.0-litre diesel engines with a new 1.5-litre GDI petrol…
© Reuters. General Dynamics Corporation (NYSE:) has seen a significant reduction in its debt, from US$11.5 billion to US$9.76 billion by July 2023, according to recent financial reports. The defense contractor’s strategy of managing its balance sheet has been highlighted as a more accurate measure of risk assessment than volatility…
© Reuters. Innergex Renewable Energy Inc. has witnessed a significant 66% drop in its share price over the past three years, including a 41% decline in the last year and an additional 33% fall in the recent quarter. The company’s inability to generate profits, despite posting a consistent 16% yearly…