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Atos Debt Grows as Restructuring Effort Continues
Atos said its debt pile grew in the third quarter as the beleaguered French IT firm seeks to implement a financial restructuring aimed at restoring profitability.
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Equinor’s Key Profit Measure Lags Forecasts on Lower Oil Prices and Volumes
The Norwegian energy major reported a sharper-than-expected decline in underlying profit for the third quarter as a drop in oil prices and sales volumes offset resilient gas production.
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Hermes Sales Rise 11% Despite Luxury Slowdown
Hermes reported a rise in sales for the third quarter but looking ahead, it cautioned about global economic, geopolitical and monetary uncertainties.
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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 company’s branded products.
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Nivea Owner on Track to Meet Guidance After Rise in Sales
Beiersdorf confirmed its expectations for the year after posting an increase in sales during the first nine months, helped by its star brand.
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BMO Capital Markets names stocks to play in either presidential election outcome
The firm listed ideas if either Kamala Harris or Donald Trump wins the November matchup.
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Shares of Peloton surge 11% after David Einhorn says stock is significantly undervalued
Peloton has been in the middle of a turnaround and Greenlight Capital’s David Einhorn thinks the stock is significantly undervalued.