European shares rise on aero, luxury stocks boost
By Susan Mathew and Devik Jain (Reuters) -European shares rose on Tuesday led by beaten-down aerospace, luxury and travel stocks, although worries about an energy …
shares
Aeromexico shares drop after airline announces buyback plan
MEXICO CITY – Shares in Mexican airline Aeromexico fell more than 5% after the market open Tuesday after the company said it had requested permission …
Volkswagen-led consortium secures 93.6% of Europcar shares
BERLIN – A consortium led by carmaker Volkswagen has secured a 93.6% stake in car rental company Europcar, it said on Tuesday, citing French financial …
Berkshire Hathaway buys 9.9 million more Occidental shares, has 17.4% stake
By Jonathan Stempel and Akriti Sharma (Reuters) – Warren Buffett’s Berkshire Hathaway Inc said it has bought another 9.9 million shares of Occidental Petroleum Corp, …
Australia’s Brambles shares jump after dropping plastic pallet investment
(Reuters) – Shares of Brambles Ltd rose to their highest in almost seven weeks on Friday, as investors cheered a decision by the Australian firm …
Germany wants to make shares, start-ups, IPOs and SPACs more attractive
BERLIN – Germany’s finance and justice ministers presented a plan on Wednesday to make the country’s financial markets more attractive to investors and improve access …
Berkshire Hathaway buys 9.6 million more Occidental shares, raises stake to over 16%
(Reuters) – Warren Buffett’s Berkshire Hathaway Inc bought another 9.6 million shares of Occidental Petroleum Corp, boosting its stake to 16.3% as the oil company’s …
TPG to acquire remaining stake in Convey Health, shares surge
By Chibuike Oguh NEW YORK – Private equity firm TPG Inc agreed to acquire all the outstanding shares of Convey Health Solutions Holdings it does …
Rogers-Shaw deal approval bets rise after mobile unit sale, shares rally
TORONTO – Shares in Shaw Communications and Rogers Communications rallied on Monday on expectations that the sale of Shaw’s mobile unit will eventually pave the …
NetEase delays Diablo Immortal’s China launch, shares tumble
By Josh Ye HONG KONG – Internet and gaming giant NetEase delayed the rollout of its video game Diablo Immortal in China three days ahead …
EssilorLuxottica to repurchase up to 2.5 million shares
PARIS – EssilorLuxottica said on Friday it was launching a new share buyback programme for a maximum of 2.5 million shares, or around 0.6% of …
Bubs Australia shares surge on infant formula supply deal with Walmart
(Reuters) – Shares of Bubs Australia jumped on Thursday after the company signed a deal to supply its infant formula products to U.S. retail giant …
Volkswagen-led consortium obtains 87.38% of Europcar shares in takeover bid
BERLIN – Volkswagen-led consortium Green Mobility Holdings has acquired 87.38% of France’s Europcar, enough to give it control over the car rental group but below …
Shares in Brazil airlines rise as Bolsonaro vetoes free checked bags
BRASILIA/SAO PAULO – Brazilian President Jair Bolsonaro has vetoed a Congress-passed measure that would block airlines from charging for checked baggage on their flights, his …
Bombardier shares hit amid Montreal workers’ strike, market selloff
MONTREAL – Bombardier Inc shares fell as much as 17.4% on Monday as workers on a key business jet program walked off the job for …
Brazil raises about $6 billion in Eletrobras shares in world’s No.2 offering of the year
By Rodrigo Viga Gaier and Gabriel Araujo RIO DE JANEIRO/SAO PAULO -Brazil’s government on Thursday night moved forward with its bid to privatize Eletrobras, Latin …
Novavax shares jump as FDA panel backs COVID vaccine
(Reuters) – Shares of Novavax Inc surged nearly 20% on Wednesday after advisers to the Food and Drug Administration overwhelmingly backed the use of its …
Amarin to slash jobs as generic rivals dull U.S. prospects of heart drug
(Reuters) -Amarin Corp Plc said on Monday it would cut its workforce by 40%, as the drugmaker’s fish-oil derived heart drug faces stiff competition from …
Nikola founder Trevor Milton votes against issuing new shares – Bloomberg News
(Reuters) – Nikola Corp’s founder Trevor Milton voted against the electric vehicle company’s proposal to issue new shares at the company’s annual general meeting, a …
Trades in Russian shares show investors testing the exits
By Sinead Cruise and Huw Jones LONDON – A handful of attempts to privately trade depositary receipts in VTB and Gazprom show how some Western …
Shares in Bubs Australia jump on exports to United States, Biden tweet
(Reuters) – Shares in Bubs Australia surged on Monday after U.S. health authorities approved imports of its infant formula to help address a severe shortage …
Trump-linked SPAC files for resale of up to 100 million shares
(Reuters) – Digital World Acquisition Corp, a special purpose acquisition company tied to former U.S. President Donald Trump, on Friday filed for a resale of …
Petrobras shares drop following CEO ouster, fuel price woes
By Gabriel Araujo, Lisandra Paraguassu and Gram Slattery SAO PAULO – Shares of Brazil’s state-run oil company Petrobras plunged on Tuesday after the government ousted …
Pushpay shares surge after NZ-based payments group confirms takeover talks
(Reuters) – Shares of Pushpay Holdings Ltd surged on Tuesday after the New Zealand-based payments group confirmed that it was in early talks with multiple …
Shares in Deutsche Euroshop surge in pre-market trade on takeover offer
BERLIN – Shares in Deutsche Euroshop jumped 31.2% in Lang & Schwarz pre-market trade on Monday after a consortium of bidders offered 1.4 billion euros …
Gilinski launches offer for up to 32.5% of Grupo Argos shares
BOGOTA – Colombian business magnate Jaime Gilinski has launched a public acquisition offer for shares in industrial conglomerate Grupo Argos, the third company which has …
ContourGlobal shares jump 33% after KKR’s $2.2bln offer
LONDON – Shares in London-listed ContourGlobal leapt by a third on Tuesday after U.S. private company KKR agreed to buy the power generation company for …
India’s LIC shares set to slide in market debut after record IPO
MUMBAI – Shares in state-owned Life Insurance Corp of India (LIC) were on track to debut at an 8% discount to their IPO price on …
Valneva shares slump after COVID vaccine deal with EU falls apart
By Natalie Grover (Reuters) -Valneva lost nearly a fifth of its value on Monday after the French drugmaker said its COVID-19 vaccine agreement with the …
Ford sells shares in EV maker Rivian for $188.2 million
(Reuters) – Ford Motor Co sold 7 million shares of electric carmaker Rivian Automotive Inc for about $188.2 million, or $26.88 apiece, the U.S. automaker …
AMC, GameStop shares snap five-day session sell-off
By Sinéad Carew and Medha Singh (Reuters) – Trading in shares of AMC Entertainment and GameStop was volatile on Thursday as the so-called meme stocks …
Lordstown Motors shares surge after it sells assets to Foxconn
(Reuters) – Shares of Lordstown Motors shares surged over 23% in trading before the bell on Thursday after the electric vehicle startup said it had …
Train maker Alstom’s shares slide as cash flow divides
By Juliette Portala (Reuters) – Alstom’s shares slipped sharply on Wednesday, erasing earlier strong gains as the French train maker’s comments on cash flow generation …
Shares of Spanish steelmaker Acerinox soar after record profit
By Inti Landauro MADRID – Shares of Spanish steelmaker Acerinox soared on Wednesday after the company reported its highest ever quarterly net profit as strong …
St-Gobain shares rise as Bluebell Capital calls for shake-up at company
PARIS -Shares in French construction materials giant St-Gobain rose on Wednesday, after the Financial Times reported that activist investment firm Bluebell Capital had called for …
Novavax shares slide 20% on COVID vaccine demand uncertainty
(Reuters) – Novavax Inc’s shares plunged nearly 20% in premarket trading on Tuesday due to uncertainty over global demand for the company’s COVID-19 vaccine following …
Lordstown Motors signals need for more capital to boost production, shares drop
(Reuters) – Electric vehicle startup Lordstown Motors Corp said on Monday it needed $150 million in addition to the proceeds from its sale of assets …
Rivian skids 14% to hit new low on report Ford to sell shares
(Reuters) – Shares of Rivian Automotive Inc opened at a record low on Monday, down 14%, after a report that early investor Ford would be …
CeraVe Shares the Inspiring Real Stories of Four Nurses with the Return of its Digital Content Series, Heroes Behind the Masks Chapter 2: A Walk In Our Shoes
Dermatologist-Developed Skincare Brand Reaffirms Commitment to Supporting Nurses with Second Annual Installment of Docuseries in Recognition of National Nurses Week NEW YORK, May 6, 2022 …
Brazil’s BRF pledges changes after bad first quarter; shares tumble
By Ana Mano SAO PAULO – Brazilian food processor BRF SA on Thursday attributed disappointing first-quarter results to a rise in costs and inflation in …
Stainless steel maker Outokumpu shares up more than 6% on strong Q1
HELSINKI -Finnish stainless steel maker Outokumpu saw its shares soar more than 6% on Thursday after reporting stronger-than-expected quarterly profits, boosted by higher prices for …
Just Eat Takeaway shares plunge again after pre-AGM board departures
By Toby Sterling AMSTERDAM -Just Eat Takeaway.com NV said on Wednesday two of its most senior leaders were to step down, just hours before Europe’s …
Upbeat earnings, banks lift European shares
By Sruthi Shankar and Shreyashi Sanyal (Reuters) – European stocks rose on Tuesday after a string of upbeat earnings, while banking shares gained as government …
Citigroup acknowledges trader error in sudden fall of European shares
NEW YORK – Citigroup Inc acknowledged late on Monday that one of its traders made an error in the sudden fall of European shares early …
Over 59 million shares reserved for anchor investors in LIC IPO
By Nupur Anand MUMBAI – The IPO of Life Insurance Corporation (LIC), India’s biggest insurer, has got off to a strong start, with 59.3 million …
Musk sells Tesla shares worth $4.5 billion
(Reuters) – Tesla Inc Chief Executive Officer Elon Musk sold about 5.23 million shares in the electric vehicle maker, worth about $4.5 billion, in multiple …
Russian central bank puts brakes on sale of shares converted from GDRs
(Reuters) – Investors who buy the depositary receipts (GDRs) of Russian-companies that were traded on foreign exchanges in order to swap them into shares will …
JetBlue shares fall as airline cuts summer flight schedule
By David Shepardson (Reuters) – JetBlue Airways shares fell 11% on Tuesday after the carrier said it will trim its summer schedule to address a …
Mexico’s Banorte eyes Banamex, shares surge
By Kylie Madry MEXICO CITY -Mexico’s Banorte said on Friday that “non-disclosure agreements” had been signed as a preliminary step toward a possible bid for …
Carrefour shares fall as retailer’s French Q1 sales disappoint
PARIS -Shares in Carrefour fell nearly 4% on Thursday after Europe’s largest food retailer reported first-quarter sales that showed a lacklustre performance in its core …