Latest in Cuts Switch Sales
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France takes stake in Sanofi unit as part of €16bn sale to CD&R
Deal for consumer health arm faced political furore over ceding controlling stake to US private equity groupBusiness - Financial Times - October 21 -
Nigeria rejects Shell’s planned sale of $1.3bn onshore production unit
The decision comes the same day as ExxonMobil wins approval for its long-delayed asset sale in Niger DeltaBusiness - Financial Times - October 21 -
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Norfolk Southern tops Q3 expectations with boost from insurance, rail sales
Railroad Norfolk Southern’s streamlined operations delivered strong earnings last quarter, even excluding boosts from insurance payouts related to the disastrous derailment in East Palestine and ...Top stories - ABC News - October 22 -
GE Aerospace’s stock sinks as total sales beat, but commercial engines miss
GE Aerospace beats earnings expectations but its largest business, commercial engines, missed revenue expectations and the stock pulled back from a 17-year highBusiness - MarketWatch - October 22 -
Saab Sees Sales at Upper End of Guidance as Defense Spending Surges
The Swedish defense company said demand remained high across its business units, but it noted significant strength in its dynamics division, which produces equipment such as ground combat weapons ...Business - The Wall Street Journal - October 22