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Deliveroo and purplebricks downgraded as citi amid unsupportive market conditions
Deliveroo PLC (LSE:ROO) has “limited upside potential”, said Citigroup as it downgraded the fast-food delivery service to a 'neutral/high risk' ra...
August 11, 2022, 11:12 am
Antofagasta posts 48% drop in interim earnings, but sees improvement in second half
Antofagasta PLC (LSE:ANTO) reported a 48% drop in interim earnings on lower copper output and prices and amid higher input costs, but said it expects ...
August 11, 2022, 4:35 am
Caledonia mining posts 24% rise in profit for the 'terrific' second quarter
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) posted a 24% rise in profit for the second quarter on record gold production from its Blanket...
August 11, 2022, 2:43 am
Tui says summer bookings close to pre-pandemic levels but q3 results hit by travel chaos
TUI AG (LSE:TUI) said it has a “solid” pipeline of bookings for this summer, close to levels seen in pre-pandemic 2019, but costs related to air t...
August 10, 2022, 3:51 am
Wind turbine maker vestas reports q2 ebit below estimates
Wind turbine maker Vestas on Wednesday reported a bigger-than-expected second-quarter operating loss as costs rose due to geo-political uncertainty an...
August 10, 2022, 2:24 am
Apple extends apple pay capabilities to malaysia
Apple customers in Malaysia can now make use of Apple Pay through their iPhone, Apple Watch, iPad and Mac, the tech giant announced in a press release...
August 9, 2022, 6:02 pm
Western union expands integration with visa direct
Western Union is expanding its integration with Visa's real-time money movement network Visa Direct to enable Western Union customers in the U.S. to s...
August 9, 2022, 11:48 am
Airlines dealt yet another blow in july as holiday spending falls 2%
Airlines were dealt another big blow in July as spending on holidays, in real terms, sank as inflation reached 40-year highs. Barclaycard d...
August 9, 2022, 6:46 am
Iwg says hybrid working powered demand for office space as revenues grow by 22%
Strong demand for hybrid working led to a 22% rise in revenues at IWG PLC (LSE:IWG), the serviced office group that operates as Regus. The top line hi...
August 9, 2022, 3:49 am
5 value stocks with enticing ev-to-ebitda ratios to snap up
We have screened value stocks PBF, DQ, R, ARCB and TROX based on the EV-to-ebitDA ratio, which offers a...
August 8, 2022, 9:02 am
Emerson electric co. selling insinkerator disposal unit to whirlpool
Emerson Electric Co. EMR, +0.89% said Monday it agreed to sell its InSinkErator garbage disposal business to Whirlpool Corp. WHR, +0.26% for $3 billio...
August 8, 2022, 7:08 am
Western midstream: a double-digit yielding investment for any retirement portfolio
Western Midstream's majority ownership by Occidental Petroleum no longer presents the risk it once did. The company has a manageable debt-to-...
August 8, 2022, 5:41 am
Range resources is a cash flow generation machine
Range Resources reported an outstanding cash flow generation. Net-debt/ebitDAX reduced to 1.2x and the ...
August 7, 2022, 4:48 am
Usd partners: not coming together as expected
The first half of 2022 was disappointing for the unitholders of USD Partners, as they reported weaker than expected financial performance. They saw th...
August 5, 2022, 2:07 am
Danaos: record earnings, low debt, dividend, and buyback but still undervalued
Danaos reported another quarter of spectacularly high earnings. The company also made marked improvements to its balance sheet bringing its net levera...
August 4, 2022, 11:52 pm
Bayer: bullish thesis confirmed
In Q2 2022, Bayer delivered strong results across all of the company's divisions. Bayer generated revenues of EUR 12.8 billion (+9.6% year over year),...
August 4, 2022, 5:08 pm
Enterprise products partners: over 7% yield while harvesting the fruits of investment
Company beats estimates on earnings, ebitDA, and Distributable Cash Flows. Navitas Midstream integratio...
August 3, 2022, 12:21 pm
Bmw lowers profit margin forecast amid ukraine disruption, ev deliveries double in h1
BMW has lowered its profit margin guidance for 2022 due to the negative impact the war in Ukraine is having on production. Without the war in Ukraine...
August 3, 2022, 8:24 am
Endings bring new beginnings for griffon corporation
Griffon invests, divests, adds a new director to the board, and declares to maximise shareholder value by all means possible. Strong Q3 2022 results, ...
August 3, 2022, 6:14 am
Ferrexpo posts 44% drop in first-half profit
Ferrexpo PLC (LSE:FXPO) posted a 44% drop in first-half profit as the exporter of iron ore pellets from Ukraine saw its production and sales restricte...
August 3, 2022, 4:57 am