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Considering the high cyclicality of the industry and nature of the passive components business, which requires heavy capital expenditure, tech companies tend to keep certain amounts of cash as a ...
Siemens posted better-than-expected revenue and net profit for its second quarter on a strong performance of its industrial business. The German industrial giant on Thursday said that for the quarter ...
Deutsche Telekom nudged up its full-year guidance after revenue for the first quarter beat market views, reflecting strong growth in the U.S.
Like State Street and Bank of New York Mellon in the US, which compete with custodian businesses inside larger US banks like J.P. Morgan, Sumitomo Mitsui Trust Group's main competitors are the ...
The company backed its full-year guidance, guiding for adjusted Ebitda between 4.55 billion and 5.15 billion euros as well as adjusted net profit between 1.3 billion and 1.8 billion euros. RWE said it ...
Jiangsu Hengrui Pharmaceuticals is planning to raise as much as US$1.27 billion via an initial public offering in Hong Kong, joining a wave of Chinese companies seeking to tap the city's market.
Dow Jones Top Company Headlines at 1 AM ET: UnitedHealth Group Is Under Criminal Investigation for Medicare Fraud | Dick’s ... UnitedHealth Group Is Under Criminal Investigation for Medicare Fraud ...
A potential spike in corporate defaults revives interest in distressed debt investing, but a reshaped market favors deep pockets and larger players. Trump later heaped praise on the president, calling ...
Germany's Merck KGaA slashed its full-year outlook on the back of challenging macroeconomic conditions and foreign-exchange headwinds.
Dow Jones Top Energy Headlines at 12 AM ET: Aramco Signs Deals With U.S. Companies With Potential Value of $90 Billion | Oil ... Aramco Signs Deals With U.S. Companies With Potential Value of $90 ...
Geely Automobile's first-quarter net profit more than tripled, thanks to record sales and improvement in profitability, as it strives to make headway in China's increasingly competitive ...
Dow Jones Top Financial Services Headlines at 12 AM ET: Bags of Cash From Drug Cartels Flood Teller Windows at U.S. Banks | State ... Bags of Cash From Drug Cartels Flood Teller Windows at U.S. Banks ...