Nordic Shares Closed Up Friday; Medicover Series B Climbed Highest
Stocks in the Nordic region rose Friday, with the OMX Nordic 40 Index rising 1.6%. Medicover AB Series B was the biggest leader among large stocks during the session, soaring 23.3%, and Betsson AB ...
Toronto Stocks Edge Higher; Silvercorp Metals Down on Plans to Buy Adventus Mining
Shares of Silvercorp Metals were 6.4% lower at 4.53 Canadian dollars ($3.32) after it said it has agreed to acquire Adventus Mining in an all-stock transaction worth about C$200 million. Once the ...
Williams-Sonoma to Pay $3.2 Million To Settle Claims of Misleading 'Made in USA' Labels
In addition to imposing the $3.18 million civil penalty, the settlement restricts Williams-Sonoma from making unqualified claims about products being of U.S. origin without extensive evidence and ...
The Week in Oil: U.S. Economic Growth in Focus as Geopolitical Risks Scale Back
OVERVIEW: Oil prices are on track to end the week higher after two straight weeks of losses on optimism over U.S. economic growth and persistent signs of tightness. Brent crude trades around $87 a ...
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Kansas City Fed Services Activity Index Moves Higher in April
Services activity in the middle of the U.S. expanded somewhat in April, and expectations for future activity remained steady, according to a monthly survey by the Federal Reserve Bank of Kansas City ...
Porsche AG Books Lower Revenue, Profitability on Higher Costs
Porsche AG's revenue and profitability fell in the first quarter on higher costs from the ramp-up of new models. The German luxury sports-car maker's quarterly revenue fell to 9.01 billion euros ...
American Airlines Earnings: We See Costs Overshadowing Market Share This Year
Our midcycle operating margin outlook for American is 10%, about 370 basis points below the 2015-19 average (margin declined ...
Snap Earnings: Advertising Growth and Snapchat+ Drive Monetization
Snap has had success with advertisers in both brand marketing and direct placement.
STMicro Earnings: We Still See an Attractive Margin of Safety Despite a Poor First-Half Forecast
Raising fair value estimate of STMicro stock. STMicroelectronics STM reported disappointing first-quarter earnings, provided ...
Delivery Hero Shares Slump After Report That Meituan Plans Saudi Launch
Delivery Hero's shares slumped after Bloomberg reported that China's Meituan is set to debut in Saudi Arabia with its app KeeTa, a move analysts view as a competitive threat to the German ...
TotalEnergies Looking at Moving Primary Listing to New York, CEO Says — Update
TotalEnergies Chairman and Chief Executive Patrick Pouyanne said the French energy major is considering moving its primary listing to New York, as European energy companies seek to narrow their ...
TotalEnergies Looking at Moving Primary Listing to New York, CEO Says
TotalEnergies Chairman and Chief Executive Patrick Pouyanne said the French energy major is considering moving its primary listing to New York, as European energy companies seek to narrow their ...