News
Julius Baer CEO to Leave Company Amidst Losses
Julius Baer CEO announces departure as the bank takes responsibility for losses caused by Signa Holding.
Volvo Car Ends Funding for Polestar
Volvo Car has decided to cease financial support for Polestar, a setback for the electric car industry. This article discusses the challenges faced by the indus...
Seeking Opportunities in Beaten-Down Stocks
Explore the potential for rebound in undervalued stocks that have fallen below their valuations from a year ago, presenting low-cost investment options.
Glencore Announces Full-Year Production Results
Glencore reports decline in copper, zinc, cobalt, nickel, and ferrochrome production, but sees increase in coal and gold output. Sets production targets for 202...
Adidas Faces Concerns over Athleticwear Demand
Adidas's guidance for 2024 raises concerns about athleticwear demand, impacting the retail sector. Challenges include lagging sales in North America and selling...
Innoviz Technologies Implements Strategic Realignment for Financial Growth
Innoviz Technologies is implementing a strategic realignment plan to optimize resources, reduce expenses, and achieve financial growth. The plan includes staff...
Brinker International Raises Earnings and Revenue Guidance
Brinker International announces an increase in earnings and revenue guidance after a strong performance in Q2, with profit surpassing expectations. Despite fall...
Novo Nordisk Reports Fourth-Quarter Profit Surge
Novo Nordisk reports a 62% increase in Q4 profit and a 37% climb in sales, driven by weight-loss drugs. Shares rise 2% in early trade.
GSK Reports Strong Sales Growth Driven by Vaccines
GSK surpasses expectations with strong sales growth in Q4 2021, driven by successful vaccines. Optimistic about future prospects and raises long-term outlook.
Novartis Q4 Financial Results
Novartis is set to announce its Q4 financial results. Analysts predict sales of $11.51 billion and a net profit of $3.75 billion. The company's share performanc...