(RTTNews) - Richemont has reached an agreement to acquire 100% of Vhernier, the Italian jewellery Maison. Headquartered in Milan, Vhernier was acquired by the Traglio family in 2001. Vhernier also operates De Vecchi Milano 1935, an Italian heritage silverware home decor brand.
(RTTNews) - United Microelectronics Corporation (UMC) reported unaudited net sales for the month of April 2024. For the month of April, net sales were NT$19.74 billion compared to NT$18.46 billion, prior year, an increase of 6.93%. For the period of Jan.-Apr., net sales were NT$7
(RTTNews) - An affiliate of the Apax IX Fund, in which Apax Global Alpha Limited is a limited partner, has announced the sale of its controlling interest in Healthium MedTech, an Indian medical devices player. The deal values Apax Global's look-through investment in Healthium at
(RTTNews) - British energy major BP Plc (BP.L, BP_UN.TO, BP) reported Tuesday that its first-quarter replacement cost or RC profit plunged to $1.61 billion from last year's $8.67 billion.
(RTTNews) - Solvay reported first quarter profit from continuing operations of 109 million euros compared to a loss of 54 million euros, prior year. Profit per share from continuing operations was 1.01 euros compared to a loss of 0.53 euros. Underlying net profit from continuing
(RTTNews) - German semiconductor maker Infineon Technologies AG (IFNNY) reported Tuesday that its second-quarter profit fell 52 percent to 394 million euros from last year's 826 million euros.
(RTTNews) - Sandoz Group AG (SDZNY), a Swiss company focused on generic pharmaceuticals and biosimilars, on Tuesday reported an increase in sales for the first-quarter.
So you're wondering how much money you'd have now if you'd invested $10,000 in the stock of General Electric (NYSE: GE) -- now doing business as GE Aerospace -- 10 years ago. That's a fine question, and the answer, according to theonlineinvestor.com is: $13,947 for the period fro
(RTTNews) - European stocks may open higher on Tuesday after U.S. markets notched third consecutive day of gains overnight on the back of better-than-expected corporate earnings and rate-cut optimism.
(RTTNews) - Geberit AG (GBERY.PK, GBERF.PK), a Swiss maker of sanitary parts and related systems, reported Tuesday that its first-quarter net income decreased 11.4 percent to 190 million Swiss francs from last year's 215 million francs.
To receive market updates in your inbox, subscribe to the newsletter Global Macro Playbook.The weaker-than-expected April jobs report has sparked optimism for a soft landing in the US economy, prompting UBS to reiterate its positive outlook for quality bonds and quality stocks. F
(RTTNews) - Fresenius Medical Care reported that its first quarter net income to shareholders decreased by 18%, or down 17% at constant currency, to 71 million euros. Basic earnings per share decreased by 18%, or down 17% at constant currency, to 0.24 euros. EPS on outlook base
(RTTNews) - German steel maker Kloeckner & Co SE (KLKNF) reported Tuesday that its first-quarter consolidated loss was 32 million euros. Loss per share was 0.33 euro, compared to loss of 0.08 euro in the prior year.
To receive market updates in your inbox, subscribe to the newsletter Global Macro Playbook.Fitch Ratings has issued a warning about increased credit risks in the US market as the likelihood of a "no-landing" scenario, where economic growth and interest rates remain largely unchan
(RTTNews) - Siemens Healthineers (SMMNY.PK) reported that its second quarter net income to shareholders increased to 426 million euros from 105 million euros, last year. Earnings per share was 0.38 euros compared to 0.09 euros. Adjusted EBIT was 822 million euros, up 8% from a ye
(RTTNews) - Indian shares were marginally higher on Tuesday amid optimism that the U.S. Federal Reserve may start cutting interest rates later this year.
(RTTNews) - Asian stock markets are trading mixed on Tuesday, following the broadly positive cues from global markets overnight, on renewed optimism over the outlook for interest rates, with traders growing increasingly confident about a rate cut in the coming months and largely
(RTTNews) - Australia And New Zealand Banking Group Ltd. (ANZ.AX, ANZBY.PK, ANZ) reported that its profit attributable to shareholders of the company for the half year ended 31 March 2024 declined to A$3.41 billion or 111.5 cents per share from A$3.56 billion or 113.0 cents per s