Shares of Hong Kong property group Wheelock and Co jumped 50% after it announced a plan to take the company private in a HK$48 billion ($6.16 billion) deal.
(RTTNews) - Beer manufacturer Anheuser-Busch InBev (AHBIF.PK, BUD) on Thursday reported that its profit attributable to equity holders for the fourth quarter fell to $114 million from a restated $456 million in the previous-year quarter. Earnings per share slipped to $0.06 from
(RTTNews) - Getlink (GRPTY) reported fiscal 2019 consolidated net profit of 159 million euros compared to 132 million euros, prior year, an increase of 20%. Consolidated EBITDA was at 560 million euros, down 12 million euros compared to 2018 at constant exchange rate.
(RTTNews) - Standard Chartered Plc (SCBFF.PK, STAC.L, STAN.L) reported Thursday that its fourth-quarter profit before taxation was $194 million, compared to last year's loss of $860 million.
China stocks firmed on Thursday as the country reported fewer deaths due to coronavirus, while expectations of more stimulus to shore up the economy also underpinned sentiment.
Standard Chartered on Thursday said its key profit target would take longer to meet on slowing global economic growth and the coronavirus outbreak. The warning came after it posted a 46% jump in its annual profit bolstered by revenue growth in its main markets and lower costs.
A Spanish plant owned by Denso Corp and Fujitsu Ltd is prepared to halt some production of auto electronics components if necessary because of a shortage of parts from China due to the coronavirus outbreak.
Here are some factors that may affect Middle East stock markets on Thursday. Reuters has not verified the press reports and does not vouch for their accuracy.
Morgan Stanley’s (NYSE: MS) Institutional Securities segment will likely add $785 million over the next two years, primarily driven by growth in trading revenues, which is nearly half of the expected incremental revenues of $1.6 billion. It is the highest contributing segmen
Our price estimate for FedEx Corporation’s (NYSE: FDX) stock is $160, which is close to the current market price of around $158, thus having only a limited room for stock price growth, the stock seems close to fairly valued, in our view. Our price estimate of $160 for Fed
After adding $1.5 billion to its top line between 2016 and 2018, Diageo (NYSE: DEO), the alcoholic beverages giant, saw its revenue base shrink by about $300 million in FY 2019 (financial year ends in June). However, Trefis expects Diageo to see revenue expansion in 2020, with