The coronavirus pandemic has had an outsized effect on the banking sector, as lenders brace for loan losses brought on by the economic shutdown. As of Wednesday's close, the KRE regional bank index had declined by more than 40% since Feb. 20, when the market really began to dr
Though a child's teenage years are often wrought with turbulence, they're also a turning point. After all, teenagers are at an age when they're finally able to take on certain responsibilities, such as caring for themselves without an adult present or getting a job and earning
(RTTNews) - The Competition and Markets Authority has cleared the merger deal between Just Eat and Takeaway.com. The CMA is now satisfied that there are no competition concerns associated with the transaction.
(RTTNews) - British telecom major Vodafone Group Plc (VOD.L, VOD) said Thursday that it has successfully completed the placement of 41.7 million shares of Infrastrutture Wireless Italiane S.p.A. or INWIT at a price of 9.60 euros per share.
(RTTNews) - French drinks company Pernod Ricard SA (PDRDF.PK, PDRDY.PK, PRN.L) reported Thursday that its third-quarter sales totaled 1.74 billion euros, down 13.3 percent from last year's 2 billion euros. Organically, sales declined 14.5 percent.
(RTTNews) - Rexel (RXLSF.PK), a French distributor of electrical supplies, reported Thursday that its sales for the first quarter of 2020 declined 2.7 percent year-on-year on a reported basis to 3.225 billion euros. On a constant and same-day basis, sales for the quarter decreas
(RTTNews) - Groupe Renault (RNSDY.PK, RNSDF.PK, RNT.L) reported first quarter Group revenues of 10.125 billion euros, down 19.2% from prior year. At constant exchange rates and perimeter, Group revenues would have decreased by 18.3%. Automotive excluding AVTOVAZ revenues was at
(RTTNews) - Valmont Industries Inc. (VMI) reported that its first-quarter net earnings attributable to the company rose to $42.93 million or $1.99 per share from $36.10 million or $1.64 per share last year.
(RTTNews) - German automaker Daimler AG (DDAIF.PK) reported that its first-quarter preliminary group EBIT plunged to 617 million euros due to COVID-19 pandemic. Adjusted EBIT was 719 million euros, lower than 2.31 billion euros in the last year.
(RTTNews) - Helix Energy Solutions Group Inc. (HLX) reported net loss of $11.9 million or $0.09 per share, for the first quarter 2020 compared to net income of $1.3 million or $0.01 per share, for the same period in 2019.
(RTTNews) - Indian shares followed global peers higher on Thursday, as crude oil prices rebounded and the U.S. government promised more aid to cushion the coronavirus-ravaged economy.
(RTTNews) - Graco Inc. (GGG) reported that its net earnings for the first-quarter declined to $72.82 million or $0.42 per share from $86.75 million or $0.51 per share last year.
Roche Holding (OTC: RHHBY) grew sales by 2% year over year in the first quarter, but the results were affected by the weaker Swiss franc, the currency in which the Swiss pharmaceutical company reports its profits and losses. On a constant currency basis, sales were up a more pro
In contrast to the bullish rise of the broader equities market on Wednesday, TD Ameritrade (NASDAQ: AMTD) stock traded down. The reason is clear -- the online securities brokerage didn't hit the average analyst estimate for quarterly profitability.