Jun 15, 2018 12:01 PM EDT
BHP Billiton approved £2.2 billion to build a new iron ore mine in Western Australian. Gerry Weber operating profit plunged on weak revenues. Hennes & Mauritz said sales in the second-quarter increased 2%. Tesco comparable sales in the first-quarter advanced 2%.
Jun 14, 2018 11:35 AM EDT
Aveva Group reported strong growth after reverse merger with Schneider Electric. Bertrandt reported disappointing first-half results. Gerry Weber lowered fiscal 2019 outlook. Soitec net surged on 23% jump in revenues.
Jun 13, 2018 12:39 PM EDT
Glencore agreed to write off $5.6 billion of debt to settle the dispute with the Congo controlled Gecamines. Sanofi successfully priced its offering of $2 billion of notes.
Jun 12, 2018 11:59 AM EDT
Casino Guichard announces €1.5 billion asset disposal plan. Heidelberger Druckmaschinen reaffirmed fiscal forecast despite profit declined 31%. Valeo issued €600 million of new bonds maturing in 2025. Zurich Insurance placed 350 million francs of senior notes.
Jun 08, 2018 11:40 AM EDT
Air France KLM said May passenger count increased 1%. Lloyds Banking Group sold remaining stake of 3.3% in Standard Life Aberdeen. Whitbread said it may sell or spin off Costa coffee chain or Premier Inn hotels.
Jun 07, 2018 11:16 AM EDT
Kering estimated annual revenues in Gucci brand of about €10 billion. Remy Cointreau reported higher-than-expected annual profits on strong demand in China.
Jun 06, 2018 12:39 PM EDT
Duerr agreed to acquire the environmental business of U.S.-based Babcock & Wilcox Enterprises. RPC Group plans to sell non-core businesses for disposal. Uniper reaffirmed fiscal outlook. Workspace Group net soared on 19% jump in revenues.
Jun 05, 2018 11:31 AM EDT
Modwen Properties said home sales surged 31%. Philips Electronics agreed to acquire the U.S.-based EPD Solutions for about €250 million. Societe Generale agreed to sell the entire stake of its Span-based Self Trade Bank to Warburg Pincus.
Jun 04, 2018 12:23 PM EDT
Accor plans to acquire 14.3% stake in the Air France KLM. CYBG revised its £1.6 billion offer to buy Virgin Money. Richemont completed the sale of its wholly-owned subsidiary for leather goods. DS Smith agreed to acquire Spain-based rival Europac for £1.4 billion.
Jun 01, 2018 12:06 PM EDT
Dialog Semiconductor tumbled on the worries that Apple may cut power chip orders. Elekta net surged but lowered fiscal operating margin. Laurent Perrier profit declined on weak sales. Rio Tinto completed the sale of its 75% stake in coal project in Australia.