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by Swissquote Analysts
Kering said Wednesday that its revenue climbed higher in the first quarter, driven by its flagship Gucci brand, which posted another quarter of double-digit growth. The French luxury-goods group said first-quarter revenue was 3.79 billion euros ($4.28 billion), up 22% from EUR3.11 billion during...
18.04.2019
Apple Inc. and Qualcomm Inc. agreed to dismiss all litigation between the two companies world-wide and forged a new license agreement, ending a long-brewing legal battle over how royalties are collected on innovations in smartphone technology. The settlement, which came hours after opening...
17.04.2019
Goldman Sachs Group Inc.'s first-quarter profit fell sharply as trading and underwriting slowed, showing the urgency of the firm's pivot away from those unpredictable Wall Street businesses. The bank's profit of $2.25 billion, or $5.71 a share, was 21% lower than the same period a year ago....
16.04.2019
Bristol-Myers Squibb shareholders on Friday approved the company's $74 billion acquisition of rival Celgene Corp., looking past an unsuccessful activist campaign to break up the deal. The deal, first announced Jan. 3, passed with more than 75% of shareholders voting in favor of it. About 24% of...
15.04.2019
Shares in Sodexo S.A. (SW.FR) rose strongly in early trading on Thursday after the company reported its fiscal first-half results. The French food-services and facilities company posted a slight decline in net profit, but organic-revenue growth of 3.1% was above expectations. Net profit for the...
12.04.2019
Tesco PLC (TSCO.LN) said Wednesday that pretax profit rose 29% in fiscal 2019 and that it is making progress toward its cost savings target. The U.K. supermarket chain said pretax profit was 1.67 billion pounds ($2.18 billion) in the year ended Feb. 23, compared with GBP1.3 billion in fiscal...
11.04.2019
Saudi Aramco raised $12 billion in its debut international bond, according to people familiar with the sale, an issuance that sparked massive interest among investors eager to access the world's most profitable company. Government-owned Aramco, known officially as Saudi Arabian Oil Co., received...
10.04.2019
The European Union’s executive body believes Germany’s big car makers may have breached EU antitrust rules by colluding to limit the development of technology that would reduce harmful exhaust emissions, it said Friday. The probe stems from inspections that the EU conducted in October 2017 at...
08.04.2019
The U.S. and China are aiming to reach a trade deal in the next four weeks, President Trump said, though he failed to announce a much-anticipated summit with Chinese leader Xi Jinping. Mr. Trump struck an upbeat tone on Thursday, but his remarks suggest the two nations will struggle to meet...
05.04.2019
 
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