Several analysts covering Kellogg (K) stock lowered their target prices following the company’s third-quarter results and reduced the EPS growth outlook. Credit Suisse reduced its target price to $70 per share from $75. Meanwhile, Morgan Stanley lowered the target price on Kellogg stock to $68 from $75. J.P. Morgan lowered the target price to $72 from $78.
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Deutsche Bank posted on Thursday a better-than-expected 10% rise in first-quarter profit as a resurgence in fixed-income trading and deal-making propelled revenue at the investment bank. Net profit attributable to shareholders was 1.275 billion euros ($1.37 billion) in the quarter. The gains mean that the investment bank was able to reclaim its position as Deutsche's biggest breadwinner from its giant retail division that had recently benefited from higher interest rates but suffered from customer service glitches.
SIKA OPENS MACROFIBER PRODUCTION HUB IN PERU TO MEET FAST-GROWING DEMAND IN LATIN AMERICA Sika is opening a state-of-the-art facility in Lima, Peru, to produce synthetic macro fibers, and expanding the rollout of a product range with great growth potential in Latin America. With this innovative technology, Sika is further strengthening its position as a leading supplier to the mining industry and a strong partner for infrastructure projects. Synthetic macro fibers are based on an advanced techno
(2024-04-25) Kitron today reported strong underlying profitability in a challenging market. Cost initiatives are implemented to maintain operating margins in line with the company’s strategic target. Kitron's revenue for the first quarter was EUR 173.9 million, compared to 190.6 million last year. There was strong growth within the Defence/Aerospace market sector, while other market sectors showed declines. First-quarter operating profit (EBIT) was EUR 10.6 million, compared to 17.3 million last
[Ad hoc announcement pursuant to Art. 53 LR] This press release is also available in Français (pdf) and Deutsch (pdf) Follow today's event live 14:00 CEST Investor Q&A audio webcast Full details on our website ............. Vevey, April 25, 2024 Nestlé reports three-month sales for 2024 Organic growth of 1.4%, with pricing of 3.4% and real internal growth (RIG) of -2.0%.Total reported sales were CHF 22.1 billion, a decrease of 5.9% (3M-2023: CHF 23.5 billion). Foreign exchange decreased sales by
4/5 David Leitch’s celebration of Hollywood’s most undervalued performers – also starring Emily Blunt and Aaron Taylor-Johnson – proves that old-fashioned, practical moviemaking is very much back in style
PR No: C3254C STMicroelectronics Reports 2024 First Quarter Financial Results Q1 net revenues $3.47 billion; gross margin 41.7%; operating margin 15.9%; net income $513 millionQ1 free cash flow1 $(134) million after Net Capex1 of $967 million Business outlook at mid-point: Q2 net revenues of $3.2 billion and gross margin of 40% Geneva, April 25, 2024 – STMicroelectronics N.V. (“ST”) (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, repo
INTERIM REPORT for 1 January – 31 March 2024 VERKKOKAUPPA.COM FOCUSED ON PROFITABILITY IN A DECLINING MARKET Verkkokauppa.com Oyj INTERIM REPORT 25 April 2024, 8:00 a.m. EEST Verkkokauppa.com arranges two virtual news conferences on a result publication day. The news conference in Finnish will be held at 10:00 am Finnish time. The news conference for analysts and institutional investors in English will be at 11:00 am Finnish time. Details of the events and how to participate can be found at the
Stock Exchange Release 25th of April 2024 at 8 am (CET +1) Central Bank of Savings Banks Finland Plc & Savings Banks Group: Half year Reports for 1st of January–30th of June 2024 will be published on 14th of August 2024 as a stock exchange release and can be also found at www.saastopankki.fi. Central Bank of Savings Banks Finland Plc & Savings Banks Group Further information: Karri Alameri Managing Director, Savings Banks Union Coop karri.alameri@saastopankki.fi +358 45 656 5250 Central Bank of
Stock Exchange Release 25th of April 2024 at 8 am (CET +1) Sp Mortgage Bank Plc & Savings Banks Group: Half-Year Reports for 1st of January–30th of June 2024 will be published on 14th of August 2024 as a stock exchange release and can be also found at www.saastopankki.fi. Sp Mortgage Bank Plc & Savings Banks Group Further information: Karri Alameri Managing Director, Savings Banks Union Coop karri.alameri@saastopankki.fi +358 45 656 5250 Sp Mortgage Bank Plc is part of the Savings Banks Group an
Ad hoc announcement pursuant to Art. 53 LR A conference call will be held on April 25, 2024, at 14:30 CEST / 13:30 BST / 08:30 EDT. Details are at the end of this news release. Santhera Announces Preliminary Unaudited 2023 Annual Results and Provides Corporate Update Ahead of Full Report Publication in May 2023 financial key figures: Revenue from contracts with customers of CHF 103.4 million (2022: CHF 7.5 million) Net result of CHF 54.8 million (2022: CHF -71.1 million) Cash flow from operating
Signs of stabilization in the Eurozone interest markets and Baltic economies were reflected in the consolidated results of EfTEN Real Estate Fund AS for the first quarter of 2024. The fund's net rental income increased by 0.6% on an annual basis, and the vacancy rate in the real estate portfolio remained low at 2.9%. Interest expenses in the first quarter were higher compared to the same period last year but slightly lower than the fourth quarter of 2023. Construction continued on the elderly ho
PRESS RELEASE Regulated Information Antwerp, Belgium 25 April 2024 (7.00 a.m. CET) VGP NV ('VGP') and AREIM Pan-European Logistics Fund (D) AB, today announced the signing of the first seed closing between VGP and their 50:50 joint venture, SAGA (The ‘Sixth Joint Venture’). The transaction comprises 17 logistics buildings in 10 VGP Parks. The 17 buildings are located in Germany (6 parks, 8 buildings), the Czech Republic (3 parks, 5 buildings) and Slovakia (1 park, 4 buildings). The transaction w
Mexican elote in five minutes, rissotto in 16 and gooey miso brownies in 12. Need Tim Anderson say more?
Paris, 25 April 2024, 7:00 a.m. PRESS RELEASE Eramet: Adjusted turnover of €761m in Q1 2024 Adjusted turnover1 of €761m (-19%) reflecting, as expected, a strong negative price effect (-24%), while the positive volume effect is limited (+2%), penalised by the decline in SLN volumes sold Good operational performance of the Group’s main mining activities compared to the unfavourable comparison base of Q1 2023: +27% in manganese ore volumes sold from Gabon +52% in nickel ore volumes produced in Indo
Increasing copper production with QB ramp-up and completion of all major constructionVANCOUVER, British Columbia, April 25, 2024 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (Teck) today announced its unaudited first quarter results for 2024. "All outstanding major construction at our QB operation was completed in the first quarter, including the shiploader and molybdenum plant, and we marked the first shipment of concentrate from the completed port facility,"
The Board of Telia Lietuva, AB (hereinafter “Telia Lietuva” or “the Company”) approved unaudited Telia Lietuva, AB Interim Financial Statements, prepared according to International Financial Reporting Standards as adopted by the European Union, for 3 months’ period ended 31 March 2024. First quarter of 2024 (compared with the same period a year ago): Revenue grew by 1.3% and amounted to EUR 119 million (EUR 117.4 million)Adjusted EBITDA up by 6.2% to EUR 43.9 million (EUR 41.4 million)EBITDA inc
Press Release VELIZY-VILLACOUBLAY, France — April 25, 2024 Dassault Systèmes Reports Solid First Quarter Results And Reaffirms Full-Year Objectives Dassault Systèmes (Euronext Paris: FR0014003TT8, DSY.PA) today announced IFRS unaudited estimated financial results for the first quarter ended March 31, 2024. The Group’s Board of Directors approved these estimated results on April 24, 2024. This press release also includes financial information on a non-IFRS basis and reconciliations with IFRS figu
Blinken's trip is a sign of improved US-China ties, but it's a relationship that still crackles with tension.
At least 11 patients have died under the care of Cheadle Royal Hospital, inquests show
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