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Earnings outlook

Siemens beats estimates as demand for electrification, software soars

by Adrian Jhonsan
Siemens beats estimates as demand for electrification, software soars

15 November 2023, Bavaria, Munich: Flags with the word “Siemens” in front of the company’s headquarters. Siemens publishes figures for fiscal year 2022/23. Photo: Karl-Josef Hildenbrand/dpa (Photo by Karl-Josef Hildenbrand/picture …

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Categories World

Novo Nordisk Q2 2024 results

by Adrian Jhonsan
Novo Nordisk Q2 2024 results

Novo Nordisk Wegovy manufactured by Novo Nordisk packaging is seen in this illustration photo taken in a pharmacy in Krakow, Poland on April 8, 2024. (Photo by Jakub Porzycki/NurPhoto via …

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Categories World

Porsche shares fall as automaker cuts 2024 outlook on aluminium alloy shortage

by Adesola Mojo
Porsche shares fall as automaker cuts 2024 outlook on aluminium alloy shortage

The Porsche logo, the German automobile manufacturer specialising in high-performance luxury sports cars, SUVs, and sedans, headquartered in Stuttgart and part of the Volkswagen group, captured in their Porsche Zentrum …

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Categories Automobile

Shares fall on lower fares, fall in quarterly profit

by Adrian Jhonsan
Shares fall on lower fares, fall in quarterly profit

A Ryanair passenger plane lands at Cologne/Bonn Airport. Thomas Banneyer | Picture Alliance | Getty Images Ryanair shares fell on Monday after the company said its quarterly profit after tax …

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Categories World

Adidas shares rise 3% after hiking 2024 guidance

by Adrian Jhonsan
Adidas shares rise 3% after hiking 2024 guidance

A Samba shoe on Oct. 12, 2023, in Berlin, Germany.  Thomas Trutschel | Photothek | Getty Images Shares in Adidas rose on Wednesday after the company announced it would hike …

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Categories World

Siemens posts industrial profit drop as automation division slows

by Adrian Jhonsan
Siemens posts industrial profit drop as automation division slows

15 November 2023, Bavaria, Munich: Flags with the word “Siemens” in front of the company’s headquarters. Karl-Josef Hildenbrand | Picture Alliance | Getty Images German technology giant Siemens on Thursday …

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Categories World

Zara owner Inditex climbs to all-time high as 2023 sales jump 10%

by Adrian Jhonsan
Zara owner Inditex climbs to all-time high as 2023 sales jump 10%

Shopper carrying two large shopping bags from the clothing retailer Zara on Oxford Street on 5th February 2024 in London, United Kingdom. Oxford Street is a major retail centre in …

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Categories World

Lego revenue grows 2% in 2023, as CEO hails strong U.S. progress

by Adrian Jhonsan
Lego revenue grows 2% in 2023, as CEO hails strong U.S. progress

Customers at a Lego store in Shanghai, China, on Feb. 3, 2024. Costfoto | Nurphoto | Getty Images The chief executive of Denmark’s Lego on Tuesday reflected on a tough …

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Categories World

Earnings Report: Spotify’s Financial Performance (SPOT)

by Ev Richard
Earnings Report: Spotify’s Financial Performance (SPOT)

Budrul Chukrut | LightRocket | Getty Images Shares of Spotify fell 7% Tuesday after the company released second-quarter results that missed analysts’ estimates for revenue and offered weaker-than-expected guidance. Here’s how …

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Categories Technology

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