Aegon Lifts Outlook, Launches $158 Million Buyback

The financial services company raised its full-year guidance and said it expected to start buying back shares in January.

Business - The Wall Street Journal - 17 hours ago

Eni Cuts Profit Outlook on Weak Prices, Lifts Buybacks

Eni lowered its guidance for the year due to a decline in oil prices which also hit the Italian energy major’s third-quarter profits, but said it planned to increase its share buy backs.

Business - The Wall Street Journal - October 25

IAG to Begin $378 Million Buyback

The British Airways owner will start buying back the shares from next week.

Business - The Wall Street Journal - November 8

ING Lifts Outlook After Profit Beat

ING raised its total income outlook for the year and said it would distribute up to $2.7 billion to shareholders after net profits topped expectations.

Business - The Wall Street Journal - October 31

Siemens Energy Lifts Outlook on Power Demand Boom

Siemens Energy raised its midterm targets as the energy company bets on a boom in global power demand helped by rising electrification, industrial decarbonization and AI applications.

Business - The Wall Street Journal - 2 days ago

Deutsche Telekom Lifts Outlook After Profit Beat

The telecoms group raised its full-year guidance for a key earnings metric after reporting higher net profit in the third quarter, citing continued growth momentum on both sides of the Atlantic.

Business - The Wall Street Journal - Yesterday

HSBC chief says east-west division will not lead to ‘any split’

Georges Elhedery embarks on sweeping overhaul of lender as part of cost-cutting drive

Business - Financial Times - October 29

Munich Re Lifts Outlook Despite Third-Quarter Miss

Munich Re’s third-quarter net profit missed consensus forecasts due to hurricane losses but the company said it expected to beat its full-year target.

Business - The Wall Street Journal - October 22

Oil giant Shell posts $6 billion profit beat, launches new share buyback program

British oil giant Shell on Thursday posted a small year-on-year drop in third-quarter profit as a sharp drop in crude prices was offset by higher gas sales.

Business - CNBC - October 31

Atos Launches $252 Million Capital Increase

The troubled IT firm said it would issue new shares in its latest move to reduce debt.

Business - The Wall Street Journal - November 8

SpaceX Gets $734 Million National Security Satellite Launch Contract

If you need proof that the space industry has undergone huge upheaval, check out the win SpaceX—still technically a startup—has just pulled off, beating big name opposition to a huge paycheck.

Business - Inc. - October 21

Netflix ad-supported tier has 70 million monthly users two years after launch

Netflix's ad-supported tier, which launched in November 2022, has reached 70 million global monthly users.

Business - CNBC - 3 days ago

Netflix ad-supported tier has 70 million monthly users two years after launch

Netflix’s cheaper, ad-supported tier has reached 70 million global monthly active users two years after it was launched.

What to know about the unprecedented floods that killed more than 200 in Spain

In a matter of minutes, flash floods caused by heavy downpours in eastern Spain swept away everything in their path

World - ABC News - November 1

Get A Sony 4K Blu-Ray Player For Only $158 At Amazon And Walmart

If you don't have a PS5 or Xbox Series X with a disc drive, or you want a more affordable secondary media player for another room, Walmart and Amazon have several notable deals on 4K Blu-ray ...

Tech - GameSpot - 3 days ago

FirstFT: HSBC overhaul to divide businesses along east-west lines

Also in today’s newsletter, EY fires staff for ‘cheating’ and Mubadala Capital’s private equity push

World - Financial Times - October 22

Samsung Electronics Plans $7 Billion Share Buyback

The South Korean technology giant’s stock repurchase plan comes amid investor concerns over its flagship memory-chip business, which is missing out on the artificial intelligence boom.

Business - The Wall Street Journal - 8 hours ago

Spanish residents appeal for help, 3 days after historic floods left at least 158 dead

World - Yahoo News - November 1

Maps show NOAA's winter outlook

NOAA has released its seasonal outlook for the 2024-25 winter months, which predicts the U.S. will slowly transition into a La Niña pattern.

Chinese share buybacks hit record high as Beijing steps up support

Policymakers push companies to return cash to shareholders as they try to revive flagging stock market

Business - Financial Times - October 21

Deutsche Bank warns of rising bad loan provisions

German lender posts record third-quarter profits but tells investors to brace again for credit risks

Business - Financial Times - October 23

HSBC shares surge on another $3 billion buyback plan and earnings beat

HSBC shares increased 4% on Tuesday as the British bank beat analysts’ earnings expectations for the third quarter and launched another $3 billion share buyback plan.

Business - MarketWatch - October 29

Snap shares jump 10% on profit beat, stock buyback

Snap reported third-quarter results on Tuesday that beat on the top and bottom lines, but the company issued light fourth-quarter guidance.

Business - CNBC - October 29

Qualcomm’s rosy forecast sends stock surging, and more buybacks may be on deck

Qualcomm is upping its buyback program by $15 billion after repurchasing more than $4 billion in stock last fiscal year.

Business - MarketWatch - November 7

Ahold Delhaize Net Profit Misses Market Views, Issues Buyback

The Dutch grocer outlined a share buyback program, despite reporting a worse-than-expected fall in third-quarter net profit.

Business - The Wall Street Journal - November 6

British Airways owner announces stock buyback as profit grows 17%

British Airways owner International Airlines Group announced a stock buyback after reporting rising profits and margins.

Business - MarketWatch - November 8

ABN Amro Posts Profit Beat, Delays Next Buyback Decision

ABN Amro Bank will take longer than expected to decide on its next share buyback as it adapts to new capital rules, sending shares lower in early trading despite the Dutch lender’s ...

Business - The Wall Street Journal - 2 days ago

Unilever Backs Outlook After Sales Growth

The consumer goods giant reiterated its full-year guidance after underlying sales grew more than expected in the third quarter as shoppers welcomed easing price hikes and began buying more of the ...

Business - The Wall Street Journal - October 24

Workers warned Budget tax rises will hit their wages

Economists say tax rises in the Budget will mean employers have less to give as pay rises.

STMicroelectronics Cuts Outlook Again on Continued Weak Demand

STMicroelectronics slashed its annual guidance for the third time this year after posting a slump in net profit and sales, as demand for chips in cars and industrial equipment remained weak.

Business - The Wall Street Journal - October 31

Smith & Nephew cuts outlook on China weakness

FTSE 100 medical manufacturer reports price pressures and worse-than-expected demand

World - Financial Times - October 31

Apple cautious on holiday outlook as it starts AI rollout

Shares fall despite solid earnings as analysts weigh impact of new ‘Apple Intelligence’ features

Business - Financial Times - November 1

Palantir shares surge on rosy revenue outlook

Palantir is seeing a pickup in artificial intelligence among its U.S. government client base.

Business - CNBC - November 4

Former Trump adviser on U.S. economic outlook

Former President Donald Trump has largely based his 2024 campaign on the economy. Former Trump chief economic adviser Gary Cohn joins CBS News to assess the former president's plans.

UniCredit Raises 2024 Outlook After Earnings Rise

UniCredit lifted its earnings guidance for the year after reporting a net profit increase that exceeded expectations.

Business - The Wall Street Journal - November 6

England’s universities regulator warns of worsening financial outlook

‘Bold’ action required to stop higher education institutions falling into insolvency, says Office for Students

World - Financial Times - Yesterday

Apple upgrades Ireland’s credit rating outlook

Good craic

World - Financial Times - 2 hours ago

Iberdrola Profit Lifted by Record Investments

Spain’s energy giant Iberdrola posted a 50% rise in net profit for the first nine months of the year helped by record-high investments in its U.S. and U.K. networks.

Business - The Wall Street Journal - October 23

Benn's provisional doping suspension lifted

Conor Benn's provisional suspension is lifted after a two-year battle with UK Anti-Doping (Ukad) and the British Boxing Board of Control (BBBofC).

Commerzbank Lifts Guidance as UniCredit Circles

Commerzbank lifted its full-year guidance for some key metrics and said its strategy is paying off, as UniCredit continued to signal interest in a tie-up with the German lender.

Business - The Wall Street Journal - November 6

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