News

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24 Oct 2024 18:36

Eyeing the Abyss: Lilium's Subsidiaries Teeter on the Edge of Bankruptcy as Stock Value Plummets

Daily News

German air taxi developer Lilium announced today that its two subsidiaries, Lilium GmbH and Lilium eAircraft GmbH, will file for bankruptcy. This decision comes a...

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24 Oct 2024 18:34

Exploring Competition in the U.S. Airline Industry

Daily News

The U.S. Department of Justice's Antitrust Division and the Department of Transportation announced on Thursday that the Biden administration has launched a compre...

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24 Oct 2024 18:33

Headline: "Santander to Establish a Fully-Operational Digital Bank in the U.S. by 2025"

Daily News

Spanish banking giant Santander, traded on the Bolsa de Madrid under the code BME:SAN, is preparing to expand its operations in the United States by establishing ...

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24 Oct 2024 18:10

Headline: Putin Places Confidence in BRICS Payment Systems Despite Trade Challenges

Daily News

Russian President Vladimir Putin addressed the challenges faced by BRICS countries in cross-border payments during a press conference following the BRICS summit h...

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24 Oct 2024 18:10

Headline: "D.E. Shaw Rallies Behind Mantle Ridge's Campaign to Revamp Air Products' Board"

Daily News

In a significant development, the hedge fund D.E. Shaw has decided to support Mantle Ridge's campaign for changes at Air Products and Chemicals, Inc. (NYSE: APD) ...

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24 Oct 2024 18:08

News Headline: UnitedHealth Data Breach Affects 100 Million Individuals in the US, Marking the Nation's Largest Breach

Daily News

According to information from the U.S. Department of Health's website, a hacking incident involving UnitedHealth Group's Change Healthcare unit affected the perso...

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24 Oct 2024 17:25

Headline: Insufficient Commitments: Stellantis' Acquisition by Tofaş Under Scrutiny

Daily News

The Competition Authority deemed the commitments made regarding the acquisition of Stellantis by Tofaş as insufficient. The statement noted: "In the transaction c...

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24 Oct 2024 15:53

Headline: IMF Warns China's Growth Could Plunge Below 4%

Daily News

International Monetary Fund (IMF) Managing Director Kristalina Georgieva expressed concerns today about China's economic growth during a press conference. Georgie...

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24 Oct 2024 15:48

Headline: Kongsberg Reports Robust Q3 Growth and Record-Breaking Order Volume

Daily News

In the recent third-quarter earnings call, the global technology group Kongsberg announced a significant year-on-year revenue increase of 19%, reaching NOK 11.92 ...

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24 Oct 2024 15:48

Headline: Atos Unveils Q3 Results Amidst Strategic Restructuring Efforts

Daily News

Atos SE (ATO.PA), a global leader in digital transformation, has announced its financial results for the third quarter of 2024. Under the leadership of newly appo...

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24 Oct 2024 15:47

Headline: Ipsos Reports Growth Amidst Challenging Q3, Sets Sights on Future Acquisitions

Daily News

In its third-quarter earnings presentation, global market research company Ipsos reported modest year-on-year growth, despite experiencing a notable slowdown due ...

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24 Oct 2024 15:46

Headline: Stora Enso Reports Growth Amid Market Challenges

Daily News

Stora Enso (STERV.HE), a leading provider in renewable packaging, biomaterials, wooden construction, and paper solutions, announced continued profit improvement w...

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24 Oct 2024 15:45

Ameriprise Financial Q3 2024 Earnings Call: Robust Growth Reported

Daily News

Ameriprise Financial (AMP) reported robust financial performance in its Q3 2024 earnings call. Assets under management and administration (AUMA) significantly inc...

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24 Oct 2024 15:45

"Marine Products Company Reports a 36% Decline in Sales for Q3 2024"

Daily News

Marine Products Corporation, a leading manufacturer in fiberglass boat production, reported a significant decline in its earnings for the third quarter of 2024. D...

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24 Oct 2024 15:44

Headline: Textron Unveils Mixed Q3 Results Amid Aviation Challenges

Daily News

Textron Inc. (TXT), renowned for its aircraft, defense, and industrial products, reported mixed financial performance for the third quarter of 2024. The company's...

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24 Oct 2024 15:44

Headline: Barclays Unveils Robust Q3 Results, On Track with 3-Year Strategic Plan

Daily News

In its recent earnings call, Barclays PLC (BARC.L) announced strong third-quarter results, underscoring its robust trajectory towards achieving its three-year str...

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24 Oct 2024 15:44

Headline: "Unilever Reports Steady Growth in Q3 with Strategic Focus"

Daily News

Unilever (ULVR.L) achieved a 4.5% underlying sales growth in the third quarter of 2023, maintaining stable revenue driven by volume increases and strong performan...

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24 Oct 2024 15:43

Headline: Danone Reports Resilient Q3 Sales Growth Amid Challenging Market Conditions

Daily News

During the 2024 Q3 Sales Conference Call on October 24, 2024, Danone's CFO Juergen Esser reported a resilient performance with a 4.2% increase in like-for-like sa...

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24 Oct 2024 15:36

Earnings Call: Axfood Reports Mixed Q3 Results Amid Market Growth Environment

Daily News

In the third quarter of 2024, Axfood (AXFO), a leading player in the Swedish food retail sector, reported a retail sales growth of 3.5%, slightly below the market...

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24 Oct 2024 15:31

Headline: Telia Company's Earnings Call: Growth and Upgraded EBITDA Outlook Take Center Stage

Daily News

Scandinavian telecommunications operator Telia Company (ST:TELIA) announced its financial results for the third quarter of 2024. The results indicate moderate ser...

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