Vestas Wind Systems stock slumps as company says margins to be at low end of guidance
Vestas Wind Systems stock (DK:VWS) fell 9% in early trade as the turbine maker said its annual EBIT margin before special items will more likely be at the lower end of a 4% to 5% range, that net ...
Verisk’s Core Data Keeps the P&C Insurance Industry Running Smoothly
The breadth and depth of the firm’s aggregated data assets and derivative solutions are unmatched in the US P&C insurance market, allowing Verisk to enjoy an effective monopoly or dominant position in ...
Schroders shares tumble after fund manager reports outflows
Shares of U.K. fund manager Schroders (UK:SDR) tumbled 11% in early trade after it reported outflows of GBP2.3 billion in the third quarter. The firm cited "continued market volatility in China" for ...
Coca-Cola Europacific Partners Trims Guidance After Revenue Growth Over Summer Quarter
Coca-Cola Europacific Partners' trimmed its full-year guidance and said revenue grew in the third quarter due to the European soccer championships and the Olympics.
We Raise Zozo's Fair Value Estimate on Better Margin Outlook
Our fair value estimate of Zozo is JPY 4,880 per share, which implies 26 times 2025 earnings.
Orsted Narrows Guidance But Cautions on Costs at U.S. Offshore Project
Orsted raised the lower-end of its earnings guidance range after booking a hefty provision reversal, but cautioned that problems at one of its U.S. offshore projects will see costs rise. "Revolution ...
Vodafone's U.K. Merger With Three Could Go Through With Remedies, Regulator Says
Vodafone Group's deal to merge its U.K. business with rival operator Three can move forward if competition concerns are addressed through network investment and customer protections, the U.K.'s ...
Saudi Aramco Profit Falls on Refining Weakness — 3rd Update
Saudi Arabia's national oil company Aramco said its third-quarter profit fell as its downstream division booked a loss on weak refining margins, and that it plans to pay $31.05 billion in dividends.
Nintendo Cuts Switch Sales Forecasts After Weak First-Half Results
Nintendo lowered its sales forecasts for Switch consoles and software for the fiscal year ending March 2025. The company now expects to sell 12.5 million Switch consoles this fiscal year, down from ...
Vestas Wind Systems Boosted by Higher Activity, Pricing
Vestas Wind Systems reported a rise in third-quarter net profit, benefiting from higher activity and pricing. The Danish wind-turbine maker said Tuesday that net profit for the quarter ended Sept. 30 ...
Saudi Aramco Profit Falls on Oil-Price Weakness — 2nd Update
Saudi Arabian Oil Co., known as Aramco, said on Tuesday that it booked a quarterly net profit of $27.56 billion, down from the $32.58 billion it reported for the same period last year. Analysts ...
Saudi Aramco Profit Falls on Oil-Price Weakness
Saudi Arabia's national oil company Aramco said its third-quarter profit fell on lower oil prices and refining margins, and that it plans to pay $31.05 billion in dividends. Write to Christian Moess ...