Widely Followed Stock Index Nearing Record High
The MSCI World Index is approaching a record close, largely driven by U.S. stocks and megacap tech companies. The index reflects the dominance of U.S....
- Wednesday, October 16, 2024
News
Yum Brands Reports Lower Q4 Profits and Revenue
Yum Brands Inc. reports lower Q4 profits and revenue, falling short of expectations. Taco Bell, Pizza Hut, and KFC show varying performances. Company...
Andrew R. Michaud
Athens International Airport IPO: Shares Soar 14% on First Day
Shares in Athens International Airport saw a strong start to trading, exceeding IPO price and generating €785 million for Greece. AviAlliance and Cope...
Andrew R. Michaud
EU Court Overturns Decision on State Aid for KLM
The EU court overturns decision allowing KLM to receive state aid during pandemic, a triumph for Ryanair against subsidies. Air France-KLM may have in...
Andrew R. Michaud
Renk Group Valued at €1.75 Billion in Frankfurt Stock Exchange Debut
Renk Group, a German defense company, makes its trading debut on Frankfurt Stock Exchange with a valuation of €1.75 billion. Triton remains majority o...
Andrew R. Michaud
General Motors' Robotaxi Service Faces Criticism for Collision Cover-Up
General Motors' Cruise robotaxi service faces criticism for covering up a collision in San Francisco, leading to suspension of its license. Judge comp...
Andrew R. Michaud
Sonos Profit Rises Despite Falling Sales
Sonos reports increased profit in Q1 despite sales decline, beating analyst forecasts. CEO announces upcoming product launch in lucrative market.
Andrew R. Michaud
Lumen Technologies Inc. Reports Surprising Profit in Latest Quarter
Lumen Technologies Inc. surprises investors with a profit in its latest quarter, despite a decrease in revenue. The company focuses on future-proofing...
Andrew R. Michaud
Rising Consumer Debt: A Growing Concern
Consumer debt is on the rise, with car loan and credit card delinquencies becoming more evident. Lower-income households and younger consumers are fac...
Andrew R. Michaud
Varonis Systems Sees Higher Revenue in 2024, Losses Narrow in Latest Quarter
Varonis Systems reports higher revenue guidance for 2024 and narrows losses in latest quarter, resulting in a positive market response.
Andrew R. Michaud
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