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GM lifted its profit outlook for the year as the automaker reported a 24% rise in first-quarter earnings driven by solid U.S. sales of pickup trucks.
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Standard Chartered posted a rise in first-quarter net profit due to higher trading income, despite lower earnings from the bank's lending business.
Standard Chartered posted a rise in first-quarter net profit due to higher trading income, despite lower earnings from the bank’s lending business.The Wall Street Journal - World -
Daimler Truck Targets Unchanged After Earnings Beat
Daimler Truck reported higher core profits in the first quarter, driven by gains in North America, and said it was on track to meet its financial targets for the year despite headwinds in Europe increasing.The Wall Street Journal - World -
Daimler Truck Targets Unchanged After Earnings Beat
Daimler Truck reported higher core profits in the first quarter, driven by gains in North America, and said it was on track to meet its financial targets for the year despite headwinds in Europe increasing.The Wall Street Journal - Business -
Westpac's First-Half Profit Falls, Lifts Buyback
The Australian bank said its first-half net profit fell by 16%, but it would return more capital to shareholders through an increased dividend and bigger share buyback.The Wall Street Journal - World -
Eurozone Bond Weakness in April Was Mainly Driven by U.S. Treasurys
Eurozone government bonds remained primarily stuck in a bond-negative pull in April, emanating from the Treasury market, LBBW said.The Wall Street Journal - World
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China Services-Sector Gauge Shows Slower Activity Expansion
A private gauge of China’s services sector showed activity grew at a slightly slower pace in April, though there are signs of a recovery in consumption given strong spending over recent holidays.The Wall Street Journal - World - China -
EQT to Buy U.S. Digital Consultancy Perficient For $3 Billion
Swedish private-equity firm EQT said it will pay $76 a share, a 58% premium to Perficient’s closing price on Friday.The Wall Street Journal - World -
Eurozone Bond Weakness in April Was Mainly Driven by U.S. Treasurys
Eurozone government bonds remained primarily stuck in a bond-negative pull in April, emanating from the Treasury market, LBBW said.The Wall Street Journal - World -
Nordic Stocks Tipped to Open Slightly Higher
Nordic markets may open slightly higher after data on Friday that showed a weaker labor market in the U.S. gave strong support to stocks, SEB said.The Wall Street Journal - World - US Open -
Atos Receives Four Restructuring Offers
Atos said the proposals were from a group of bondholders and banks, Bain Capital, EP Equity Investment and Onepoint, adding that it had signed a $108 million interim financing deal with bondholders.The Wall Street Journal - World