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Dow Jones Newswires: Nestle profit boosted by sale of its skin-health business

The Swiss food-and-beverage company said net profit was 12.6 billion Swiss francs ($12.90 billion) compared with CHF10.1 billion the previous year.....»»

Category: topSource: marketwatchFeb 13th, 2020

Dow Jones Newswires: J. Sainsbury to invest $1.31 billion toward net zero emissions by 2040

J Sainsbury PLC said Tuesday that it would commit 1 billion pounds ($1.31 billion) over the next two decades toward the goal of becoming a net-zero emissions business......»»

Category: topSource: marketwatchJan 28th, 2020

Dow Jones Newswires: Nestle backs 2020 guidances, but reports drop in sales

Nestle SA said Friday that sales fell in the first quarter and backed its full-year guidance as it is still early to assess the full impact of Covid-19......»»

Category: topSource: marketwatchApr 24th, 2020

Dow Jones Newswires: Rio Tinto annual net profit falls on writedowns

The world’s second-biggest miner by market value on Wednesday reported a net profit of US$8.01 billion for 2019, down from a profit of US$13.64 billion a year earlier......»»

Category: topSource: marketwatchFeb 26th, 2020

Dow Jones Newswires: Jupiter Fund Management to buy Merian Global Investors

Jupiter Fund Management PLC said Monday that it has agreed to buy Merian Global Investors Ltd. in a deal that will create an asset manager with more than 65 billion pounds ($84.79 billion) in assets under management.....»»

Category: topSource: marketwatchFeb 17th, 2020

Dow Jones Newswires: AstraZeneca profit misses forecasts and warns outlook hinges on COVID-19

The FTSE 100-listed drug maker reported that core operating profit slid 29% to $1.55 billion......»»

Category: topSource: marketwatchFeb 14th, 2020

Dow Jones Newswires: Airbus reports loss after corruption settlement

Airbus said its full-year net loss was 1.36 billion euros ($1.48 billion) compared with a net profit of EUR3.05 billion in 2018......»»

Category: topSource: marketwatchFeb 13th, 2020

Dow Jones Newswires: Airbus swings to loss in 2019 and sets 2020 guidance

Airbus said its full-year net loss was 1.36 billion euros ($1.48 billion) compared with a net profit of EUR3.05 billion in 2018......»»

Category: topSource: marketwatchFeb 13th, 2020

Dow Jones Newswires: Kering revenue rises, while net profit falls on one-offs

The French luxury-goods conglomerate reported fourth-quarter revenue of 4.36 billion euros ($4.76 billion), up 11% on a comparable basis and bringing revenue for the year up to EUR15.88 billion, in line with analysts’ expectations of EUR15.8 billion......»»

Category: topSource: marketwatchFeb 12th, 2020

Dow Jones Newswires: Air Liquide 2019 profit and revenue rises

Net profit at the industrial-gas supplier rose to 2.24 billion euros ($2.45 billion) from EUR2.11 billion a year earlier, the company said......»»

Category: topSource: marketwatchFeb 11th, 2020

Dow Jones Newswires: Hannover Re backs 2020 guidance after profit rise

Profit for the year was about 1.28 billion euros ($1.41 billion), up from EUR1.05 billion a year earlier, the German reinsurer  said Wednesday......»»

Category: topSource: marketwatchFeb 5th, 2020

Dow Jones Newswires: Siemens to acquire Iberdrola’s stake in Siemens Gamesa for EUR1.1 billion

Siemens AG said late Tuesday that it would acquire Iberdrola SA’s stake in Siemens Gamesa Renewable Energy SA for 1.1 billion euros ($1.22 billion)......»»

Category: topSource: marketwatchFeb 5th, 2020

Dow Jones Newswires: BBVA swings to loss on $1.4 billion U.S. goodwill impairment

Banco Bilbao Vizcaya Argentaria SA swung to a net loss in the fourth quarter due to the effects of a goodwill impairment at its U.S. business......»»

Category: topSource: marketwatchJan 31st, 2020

Dow Jones Newswires: Vodafone to sell stake in Egypt unit to Saudi Telecom for $2.39 billion

Vodafone Group PLC said Wednesday that it has agreed to sell its 55% stake in its Egypt unit to Saudi Telecom Co. for $2.39 billion......»»

Category: topSource: marketwatchJan 29th, 2020

Dow Jones Newswires: Ericsson raises dividend as 5G momentum continues

The telecommunications equipment company reported a quarterly net profit attributable to shareholders of 4.43 billion Swedish kronor ($465 million), from a loss of SEK6.55 billion in the year-earlier period......»»

Category: topSource: marketwatchJan 24th, 2020

Dow Jones Newswires: STMicroelectronics net profit falls, revenue increases

The European semiconductor chip maker said net profit fell 6.2% year-on-year to $392 million, with revenue increasing 4% to $2.75 billion......»»

Category: topSource: marketwatchJan 23rd, 2020

Dow Jones Newswires: Galp, ACS reach $2.43 billion solar-energy deal

Galp claims the deal with Spain’s ACS will make it the main solar-power producer in the Iberian region......»»

Category: topSource: marketwatchJan 23rd, 2020

Dow Jones Newswires: Daimler 2019 earnings sink and automaker sees diesel-related expenses

Group earnings before interest and taxes were EUR5.6 billion in 2019 compared with EUR11.1 billion a year earlier, the German premium car maker said. Figures are preliminary......»»

Category: topSource: marketwatchJan 22nd, 2020

Dow Jones Newswires: ASML Holding launches $6.66 billion share-buyback program

ASML Holding NV said Wednesday that it was launching a three-year share-buyback program of up to 6 billion euros ($6.66 billion), and that profit rose for the fourth quarter of 2019......»»

Category: topSource: marketwatchJan 22nd, 2020

Dow Jones Newswires: BAE Systems to buy Collins Aerospace’s GPS, Raytheon’s radio businesses for $2.2 billion

The defense-and-security company said that it will pay $1.93 billion for Collins Aerospace’ GPS business and $275 million for Raytheon Co.’s (RTN) radio business......»»

Category: topSource: marketwatchJan 20th, 2020