CVC Soars in First Day of Amsterdam Trading

CVC jumped on the first day of trading on Amsterdam’s stock exchange, after it priced its IPO at the mid point of its previously guided range, implying a market capitalization of $15 billion....

Remy Cointreau Lifted by China Improvement

Remy Cointreau posted fourth-quarter sales slightly ahead of views, as it saw a better-than-expected performance in China, but continued to destock in the U.S....

Anglo Rejects BHP's $39 Billion Bid

The London-listed mining giant said the bid “significantly undervalues” the company, setting the stage for a potential bidding war....

Traton First Quarter Beats Forecasts Despite European Slowdown

Traton posted above-forecast results for the first quarter, thanks to stronger pricing and market growth in South America and despite slower momentum in Europe....

NatWest Backs Guidance After First Quarter Tops Hopes

NatWest kept its 2024 guidance unchanged as its first-quarter income and profit fell slightly less than expected....

Thyssenkrupp Offloads Stake in Steel Business

Thyssenkrupp has agreed to sell a 20% stake in its steel business to Czech billionaire Daniel Kretinsky’s EP Corporate Group for an undisclosed sum, settling on a partial divestment after yearslong efforts to dispose of it....

TotalEnergies Plans $2 Billion Buyback After Profit Beat

TotalEnergies reported higher-than-expected profits in the first three months of the year and said it would buy back $2 billion of shares this quarter....

SKF Warns of Lower Sales

SKF said it expected a mid-single digit fall in sales in the second quarter, with market volatility and geopolitical uncertainty continuing, after it reported below-forecast sales in the first quarter but profits in line with hopes....

Safran Backs Outlook as Revenue Beats Forecasts

Safran confirmed its full-year guidance after it posted first-quarter revenue above expectations, as the postpandemic recovery in air traffic continued....

Google Sales Accelerate as Ad, Cloud Businesses Hold Up Amid Costly AI Push

Parent company Alphabet reported $80.5 billion in first-quarter revenue, a 15% increase from a year earlier, as the company said it plans to pay a cash dividend to investors for the first time....