Consumer packaged goods (or CPG) manufacturers haven’t had much to celebrate so far this year. Lower pricing amid intense competition in the value segment, a tough retail environment, and significant cost headwinds weighed on these companies’ financials and, in turn, their stock prices. Plus, macroeconomic challenges across several markets remained a drag.
Q1 2024 QCR Holdings Inc Earnings Call
The UK-based mining giant Anglo American says it has received a takeover proposal from Australia's BHP.
The London Stock Exchange Group said on Thursday its first quarter growth was in line with plans, and products from its partnership with Microsoft were due to be rolled out in the first half of 2024. LSEG said total income, excluding recoveries, in the first quarter was 2.089 billion pounds ($2.61 billion), with gross profit of 1.893 billion pounds. Analysts' consensus compiled by LSEG forecast total income at 2.088 billion pounds, and gross profit at 1.888 billion pounds.
“The Imaginary,” an upcoming hand-drawn animated fantasy film from Japan’s Studio Ponoc that will play in competition at this year’s Annecy International Animation Film Festival, is set to debut July 5 on Netflix. An Oscar-qualifying run is also planned. “The Imaginary” is directed by Yoshiyuki Momose, whose credits as an animator include Studio Ponoc’s 2017 debut …
Dovre Group Plc Stock exchange release April 25, 2024, at 9.15 a.m. DOVRE GROUP TRADING STATEMENT JANUARY 1 – MARCH 31, 2024 Significant write-down of a single renewable project led to a negative operating profit Dovre Group Plc issues today a trading statement for the three months ended on March 31, 2024. The figures presented in this trading statement are not audited. Last year’s corresponding period in parentheses. January – March 2024 Net sales EUR 42.3 (45.8) million – decrease 7.6% Project
Asian shares mostly declined Thursday as investors awaited a flood of global earnings reports, including updates from U.S. tech companies known as the “Magnificent Seven.” Japan's benchmark Nikkei 225 slid 2.1% to 37,670.50. Hong Kong's Hang Seng gained nearly 0.1% to 17,215.51, while the Shanghai Composite was virtually unchanged at 3,044.41.
Anglo American shares are likely to surge after the London-listed mining giant confirmed it was reviewing a takeover proposal from Australia’s BHP. Anglo’s interests include copper, platinum group metals, De Beers diamonds and the Woodsmith polyhalite fertiliser mine project in North Yorkshire. The FTSE 100, meanwhile, is forecast to open broadly flat in line with the subdued performance for Wall Street benchmarks last night.
Eramet subsidiary SLN's nickel mining operations in northern New Caledonia have been suspended, adding to difficulties at the loss-making business that saw a slide in first-quarter output. SLN is part of a struggling New Caledonian nickel industry that the French government is trying to salvage with a proposed rescue package. Mining production at SLN was 1.0 million wet metric tons in the first quarter, down 32% from the same period last year, as issues over mining permits weighed on output.
Players must accept criticism as readily as praise at Manchester United, Bruno Fernandes said after the Portuguese midfielder rescued his side with two goals in a 4-2 home Premier League victory over Sheffield United. Fernandes made it 2-2 from the penalty spot in the 61st minute then put United ahead with a long-range strike 20 minutes later after the hosts had fallen behind twice against the Premier League's bottom team. United had come in for heavy criticism following Sunday's FA Cup semi-final against Coventry City where they squandered a 3-0 lead before going through via a penalty shoot-out.
LONDON (Reuters) -Barclays reported a 12% fall in first quarter profit on Thursday, as a squeeze on UK mortgage pricing, lower income from trading and a drought of M&A fees showed the difficulties it will face in delivering its first strategic revamp in a decade. The British bank reported pretax profit for the January-March period of 2.277 billion pounds ($2.84 billion), down from 2.6 billion pounds a year ago and in line with the 2.2 billion pounds average of analysts' forecasts as compiled by the bank. Barclays is bidding to restore investor faith in its universal banking business model, after years of share price underperformance, clashes with activists over the role of its investment bank, and management turnover.
Asked at a BBC London TV hustings whether he had succeeded in bringing Londoners with him on clean air and car travel, he says: ‘We will find out on May 2’
Lambeth Council set to make attraction permanent beyond current cut-off date of 2028
The rejuvenated FTSE 100 index touched a new record today in a session when the focus turned to UK banking stocks. Lloyds Banking Group kicked off the sector’s reporting season by posting a 28% fall in first quarter profits alongside unchanged full-year guidance. Other companies in the spotlight today included Reckitt Benckiser, Jet2 and the Carex business PZ Cussons.
Grey squirrels are spreading to the north of England and wiping out the native red squirrels.
Sanofi reported on Thursday that its first-quarter operating income declined 14.7%, as unfavourable currency effects and cheap competition to multiple sclerosis drug Aubagio outweighed rising sales of anti-inflammatory drug Dupixent. The company reiterated it expects 2024 adjusted earnings per share (EPS) to slip by a "low single-digit" percentage, excluding currency swings, citing higher taxes and an increase in development expenditure. Finance chief Francois-Xavier Roger said in a media call that the decline in the Argentine Peso was a particular drag on first-quarter overseas sales.
UPM-Kymmene Corporation Stock Exchange Release (Interim Report) 25 April 2024 at 09:05 EEST UPM Interim Report Q1 2024:A positive start to the year, growth investments contributed to earnings Q1 2024 highlights Sales decreased by 5% to EUR 2,640 million (2,787 million in Q1 2023)Comparable EBIT decreased by 6% to EUR 333 million, 12.6% of sales (356 million, 12.8%)Operating cash flow was solid at EUR 335 million (714 million), including seasonal increase in working capitalNet debt was EUR 2,312
Bangladesh has closed schools and colleges due to extreme heat for the second year in a row.
Billie Eilish has revealed her "safety was compromised" during "scary" moments with fans at her home. The 22-year-old singer has opened up about the downside of fame, and revealed as well as having a protective pit bull called Shark, she also has security guards, and she became "resentful of her life" due to the threats. She told Rolling Stone magazine: “It’s not in the job description, for sure. “I had really scary things happen in my personal life and my safety was compromised a couple of time
Will Young has recalled an "awful" encounter with Julia Roberts, which still leaves him breaking out in a sweat when he tells the story. The 45-year-old singer shot to fame when he won the 2002 inaugural series of talent show 'Pop Idol', and five years later he met the Hollywood actress backstage at the LA BAFTAs, but Will became "a bit tongue-tied" while speaking to 'Pretty Woman' star. Speaking on 'The One Show', he said: "I was singing at the LA BAFTAs. She was in the dressing room and I get
Princess Beatrice's ex-boyfriend Paolo Liuzzo has been found dead aged 41. Police are said to have found Paolo after they were called to a room at the citizenM Miami Worldcenter hotel at 3.22pm on February 7th, and the time of death was given as 3.34pm. Officer Michael Vega, of the Miami Police Department told The Sun newspaper: "It was investigated as an overdose death. "The investigation is open and ongoing." Paolo's official cause of death has not been disclosed, due to Florida legislation. B
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