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Genuit Group Reports Strong Financial Performance
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Genuit Group Reports Strong Financial Performance

Genuit Group reports strong financial performance for H1 2023, remains optimistic about future prospects. Company expects top-end operating profit for...

Berjaya Food Quarterly Net Profit Drops, Shares Fall
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Berjaya Food Quarterly Net Profit Drops, Shares Fall

Berjaya Food experiences a sharp decline in quarterly net profit, leading to a drop in shares. Analysts downgrade forecasts but remain positive about...

David Einhorn's Recent Acquisitions
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David Einhorn's Recent Acquisitions

Greenlight Capital Inc. adds Activision Blizzard and First Horizon Corp. to its portfolio while making adjustments to existing holdings.

Charles Schwab Reports Decline in Net New Asset Flows
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Charles Schwab Reports Decline in Net New Asset Flows

Charles Schwab reports decline in net new asset flows for July due to attrition among TD Ameritrade clients and advisors. The company remains confiden...

AMC Entertainment Receives Court Ruling for New Financing
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AMC Entertainment Receives Court Ruling for New Financing

AMC Entertainment Holdings receives court ruling for new financing, causing unexpected reaction in stock market. Explore the implications and challeng...

Stelrad Group Reports Decline in Adjusted Operating Profit for First Half
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Stelrad Group Reports Decline in Adjusted Operating Profit for First Half

Stelrad Group reports a decline in adjusted operating profit for the first half due to anticipated volume decrease and increased depreciation charges.

Political Controversy Surrounding EU Chief Economist's Appointment
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Political Controversy Surrounding EU Chief Economist's Appointment

The appointment of an American as one of the EU's chief economists is withdrawn due to political controversy. French President Macron criticizes the d...

U.S. Steel Rejects $7.3 Billion Takeover Bid
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U.S. Steel Rejects $7.3 Billion Takeover Bid

U.S. Steel rejects a $7.3 billion takeover bid from Cleveland-Cliffs, causing speculation on the future of the steel industry.

ABB Reports Surge in Q2 Net Profit Despite Decline in New Orders
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ABB Reports Surge in Q2 Net Profit Despite Decline in New Orders

ABB reports a surge in net profit for Q2 despite a decline in new orders, with revenue growth and efficient backlog execution. Future outlook includes...

Basler Faces Challenges and Implements Restructuring Program
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Basler Faces Challenges and Implements Restructuring Program

Shares in Basler dropped as the company announces a restructuring program to reduce workforce and revise sales outlook. Weak demand and market challen...