International Companies
Asian markets drive Q1 revenue growth at Carlsberg
Danish brewing giant Carlsberg on Tuesday announced a DKK1. 0bn (£110m) share buyback after a solid start to 2024 with strong growth in Asia and Central and Eastern Europe.
Eli Lilly hikes sales guidance by $2bn, shares jump
Shares in Eli Lilly jumped on Wall Street on Tuesday after the American pharma giant beat quarterly profit forecasts and hiked its full-year sales guidance by $2bn, helped by surging demand for its weight-loss drug Zepbound.
First-quarter earnings fizz at Coca-Cola
The Coca-Cola Company lifted its annual sales forecast on Tuesday, after first-quarter numbers at the US giant topped expectations.
McDonald's delivers mixed Q1 results
Fast food giant McDonald's delivered mixed first-quarter results on Tuesday as restructuring costs weighed on profits.
Spain's BBVA approaches rival Sabadell regarding possible merger
Spain's second-largest lender BBVA has expressed its renewed interest in a takeover of its smaller rival Banco Sabadell.
Santander sees profits spark on higher interest rates
Banco Santander said on Tuesday that profits jumped in the first quarter, boosted by higher interest rates.
Barclays in talks to take over Goldman's GM-branded credit cards - report
Barclays is reportedly in talks with US banking giant Goldman Sachs to acquire $2bn in credit card balances from its co-branded credit programme with General Motors.
Volkswagen retains growth guidance despite Q1 weakness
Volkswagen's share price was in reverse on Tuesday after the German automaker reported a slow start to the year, though the company expressed its confidence in hitting full-year targets with the release of more than 30 new models.
Mercedes-Benz Q1 earnings plummet on model transitions, EV slump
German automotive group Mercedes-Benz said on Tuesday that Q1 earnings had plummeted as it was weighed down by model changes and soft demand for electric vehicles.
Viking expands planned IPO to $1.33bn
Travel company Viking Holdings announced plans on Monday to expand its initial public offering (IPO) in the United States, aiming to raise up to $1. 33bn.
UMB Financial to buy Heartland Financial in $2bn deal
UMB Financial Corporation said on Monday that it has agreed to buy rival Heartland Financial USA in a $2bn all-share deal.
Luxury giant Puig set to raise €2.6bn in Madrid IPO this week
Puig, the Spanish fashion, cosmetics and fragrance conglomerate that's set to list on the Madrid Stock Exchange this week, has set its initial public offering (IPO) price at the top end of the range at €24. 50 a share.
France proposes acquisition of key assets from Atos
The French government has floated the idea of snapping up key assets from heavily indebted technology firm Atos in an effort to keep the company within the country.
Tesla teams up with Baidu for assisted driving features in China
Electric vehicle manufacturer Tesla looks set to team up with Beijing-based internet company Baidu in mapping and navigation functions for its advanced assisted driving features in China.
Philips shares soar on $1.1bn DOJ settlement
Koninklijke Philips, the Dutch healthcare giant, has finally reached a settlement with US regulators over a Respironics product recall back in 2021 worth $1. 1bn, causing shares to soar by more than a third on Monday morning.
Shares in CVC jump on market debut
Shares in CVC Capital Partners sparked on Friday, as trading got underway in the European private equity firm.
TotalEnergies sees income drop on weaker gas prices
French energy major TotalEnergies reported a slide in quarterly income on Friday, after gas prices softened.
Southwest shares sink as airline reports airport exits, Q1 losses
Shares in Southwest Airlines plummeted on Thursday after the carrier announced plans to pull out of four airports to improve its financial performance, as it reported a wider-than-expected loss for the first quarter and trimmed its annual guidance.
Bristol Myers Squibb to cut 2,200 jobs as part of $1.5bn cost-savings drive
US drugmaker Bristol Myers Squibb on Thursday announced plans to cut its workforce by 6% as part of a $1. 5bn cost-savings programme, as it reported better-than-expected results for the first quarter.
US pending home sales unexpectedly rise in March
US pending home sales unexpectedly improved in March, according to the National Association of Realtors.