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Financial Markets

Releases published in the last 30 days. RSS 0.91 Feed

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University of New Brunswick Mastercard Cybersecurity Scholarship winners announced
University of New Brunswick Mastercard Cybersecurity Scholarship winners announced
5/14/2024 9:07:22 AM
The University of New Brunswick (UNB) is thrilled to announce the recipients of this year’s prestigious Mastercard Cybersecurity Scholarship: Vaishnavi Shanmugam and Erika Thea Ajes.
Standard Chartered strengthens Transaction Banking global leadership with new hires
Standard Chartered strengthens Transaction Banking global leadership with new hires
5/14/2024 9:03:22 AM
  Standard Chartered announced the appointment of three new additions to its Transaction Banking global leadership team –  Mahesh Kini  as  Global Head of Cash Management,  Mark Troutman  as  Global Head of Transaction Banking Corporate Sales,  Dhiraj Rajan Bajaj  as  Global Head of Transaction Banking Financial Institutions Sales.
Zain Group reports Q1 2024 Revenue of USD 1.5 billion (KD 466 million), net profit of USD 95 million (KD 29.2 million)
Zain Group reports Q1 2024 Revenue of USD 1.5 billion (KD 466 million), net profit of USD 95 million (KD 29.2 million)
5/14/2024 8:50:10 AM
• Chairman, Mr. Osamah Al Furaih: “The Board continues to work closely with executive management to overcome major socio-economic challenges in several key markets” • Vice-Chairman & CEO, Bader Al-Kharafi: “Solid operational performance and revenue growth across key markets; focus on maintaining network services and mitigating operational issues in Sudan” • Compared to …
Blackstone Announces Plans to Commence a Tender Offer for I’rom Group, One of Japan’s Leading Site Management Organizations, a Mission-Critical Function of Clinical Trials
Blackstone Announces Plans to Commence a Tender Offer for I’rom Group, One of Japan’s Leading Site Management Organizations, a Mission-Critical Function of Clinical Trials
5/13/2024 10:41:11 AM
Blackstone (NYSE:BX) announced today that private equity funds and vehicles managed by Blackstone (“Blackstone”) have entered into a definitive agreement with Toyotaka Mori (“Mr.
Barclays responds to Rainforest Action Network, ’Banking on Climate Chaos’ Report
Barclays responds to Rainforest Action Network, ’Banking on Climate Chaos’ Report
5/13/2024 10:17:15 AM
Barclays is financing an energy sector in transition – an activity requiring significant capital.  While doing so, our financed emissions for the Energy and Power sectors have reduced by 44% and 26% respectively, between 2020 and 2023.
Zain KSA reports revenue of SAR 2.5 billion in Q1 2024
Zain KSA reports revenue of SAR 2.5 billion in Q1 2024
5/13/2024 10:15:02 AM
Zain KSA announced the financial results for the first quarter of 2024, with revenue of SAR 2.5 billion, an increase of 4.7% compared to the same period in 2023.
Mattel to Participate in J.P. Morgan’s 52nd Annual Global Technology, Media and Communications Conference
Mattel to Participate in J.P. Morgan’s 52nd Annual Global Technology, Media and Communications Conference
5/13/2024 10:13:17 AM
Mattel, Inc. (NASDAQ: MAT) announced that Ynon Kreiz, Mattel’s Chairman and Chief Executive Officer, and Anthony DiSilvestro, Mattel’s Chief Financial Officer, will participate in a fireside chat at J.P.
Occidental Announces 1st Quarter 2024 Results
Occidental Announces 1st Quarter 2024 Results
5/10/2024 11:50:23 AM
• Strong operational performance drove operating cash flow of $2.0 billion and cash flow from operations before working capital of $2.4 billion • Capital spending of $1.8 billion and contributions from noncontrolling interest of $57 million resulted in quarterly free cash flow before working capital of $720 million • Total company production of 1,172 Mboed near the …
Progress on share buyback programme 2024
Progress on share buyback programme 2024
5/10/2024 11:27:14 AM
ING announced that, as part of our €2.5 billion share buyback programme announced on 2 May 2024, the company repurchased 7,746,345 shares during the week of 2 May 2024 up to and including 3 May 2024.
Pirelli & C. Spa Board Reviews Consolidated Results to 31 March 2024
Pirelli & C. Spa Board Reviews Consolidated Results to 31 March 2024
5/10/2024 10:52:28 AM
PIRELLI: REVENUES STABLE IN THE QUARTER, ADJUSTED EBIT MARGIN RISES TO 15.5% AND NET PROFIT AT 100.4 MILLION EURO NET CASH FLOW IMPROVES AGAINST FIRST QUARTER 202 3 Revenues: 1,695.5 million euro, substantially stable compared with 1,699.7 million euro in first quarter 2023 (organic variation +4.6% excluding forex effect of -4.8%) - Price/Mix: +2.3% thanks to …
Top brands in China shine amidst the nation’s economic recovery: Brand Finance China 500 2024 Report
Top brands in China shine amidst the nation’s economic recovery: Brand Finance China 500 2024 Report
5/9/2024 9:49:14 AM
• China’s media sector in the spotlight with TikTok leading as the nation’s most valuable brand and WeChat as strongest brand in rankings • Hot Pot of Gold: Haidilao leads China’s restaurants as strongest restaurants brand while Luckin Coffee brews success with largest brand value growth • BYD defends crown as China’s most valuable automobiles brand amidst rising …
While Pricing and Cash Flow Forecasting Remain Top Concerns, New American Express Report Finds 95% of Small Business Owners Surveyed are Happy they Started their Company
While Pricing and Cash Flow Forecasting Remain Top Concerns, New American Express Report Finds 95% of Small Business Owners Surveyed are Happy they Started their Company
5/9/2024 8:03:37 AM
American Express issued its third Amex Trendex: Small Business Edition, which found that even as small business owners surveyed face continued economic uncertainty, their personal drive and long-term aspirations are buoying their optimism.  "Small business owners are concerned about issues like pricing and cash flow forecasting, but they are overwhelmingly happy that they …
Mastercard JV switches first domestic transaction in China
Mastercard JV switches first domestic transaction in China
5/9/2024 7:58:41 AM
Mastercard NetsUnion Information Technology (Beijing) Co., Ltd. (Mastercard NetsUnion) today began processing payments made in China with Mastercard cards issued by the country’s banks.
Airbnb Q1-2024 financial results
Airbnb Q1-2024 financial results
5/9/2024 7:52:52 AM
We issued our first quarter 2024 financial results. You can read the details  here. Airbnb Co-Founder and CEO Brian Chesky said:  “We had our best Q1 ever, with 133 million nights and experiences booked, along with double-digit supply growth across all regions.
First quarter at Evonik better than expected – outlook confirmed
First quarter at Evonik better than expected – outlook confirmed
5/8/2024 10:55:54 AM
• Preliminary figures verified: Adjusted EBITDA rises 28 percent to €522 million in first quarter • Free cash flow at a strong €127 million • Sales volumes up by 4 percent Evonik had a much better start into 2024 than the capital market had expected.
PUMA delivers Q1 results fully in line with expectations
PUMA delivers Q1 results fully in line with expectations
5/8/2024 9:59:04 AM
Key developments Q1 2024 • Currency-adjusted (ca) sales increase by 0.5% to € 2,102 million, reflecting a negative currency impact of approximately € 100 million (-3.9% reported)  • Gross profit margin improves by 100 basis points to 47.5% despite major currency headwinds • Operating expenses (OPEX) decrease by 0.4% to € 845 million • Operating result (EBIT) …
Enel publishes 2024 first quarter Group operating data Report
Enel publishes 2024 first quarter Group operating data Report
5/8/2024 9:28:55 AM
Enel S.p.A. (“Enel") published its Quarterly Bulletin (“Report"), with the Group’s operating data relating to the first quarter of 2024. The Report, which is published ahead of the approval by the Enel Board of Directors and the disclosure of the performance and financial data contained in Enel’s periodic financial reports, is aimed at further strengthening Enel’s …
Blackstone appoints Philip Sherrill as Global Head of Insurance
Blackstone appoints Philip Sherrill as Global Head of Insurance
5/8/2024 7:36:25 AM
Blackstone (NYSE:BX) announced the appointment of Philip Sherrill as Global Head of Insurance. In his new role, Mr. Sherrill will focus on growing the firm’s insurance platform globally, working closely with Gilles Dellaert, Global Head of Blackstone Credit & Insurance.
L’Oréal Dominates the Beauty Scene: Brand Value Soars to $13.4 Billion
L’Oréal Dominates the Beauty Scene: Brand Value Soars to $13.4 Billion
5/7/2024 12:09:42 PM
• Garnier’s stellar performance with biggest brand value growth, up 15% • Gillette and Axe/Lynx/Ego showcase strategic success: Brand strength allows higher prices to deliver increased revenue L’Oréal remains the world’s most valuable cosmetics brand, with its brand value improving 11% to reach a staggering USD13.4 billion, according to new data from Brand …
Aramco announces first quarter 2024 results
Aramco announces first quarter 2024 results
5/7/2024 9:25:54 AM
Q1 net income remains robust as Company progresses its growth strategy • Net income: $27.3 billion (Q1 2023: $31.9 billion) • Cash flow from operating activities: $33.6 billion (Q1 2023: $39.6 billion) • Free cash flow1 : $22.8 billion (Q1 2023: $30.9 billion) • Gearing ratio1 : -3.8% as at March 31, 2024, compared to -6.3% at end of 2023 • Q1 2024 base dividend …