Earnings
Hot stock: Genting Singapore rises 6.2% amid heavy trading on strong earnings
SHARES of Genting Singapore rose as much as 6.2 per cent in early trading as the top traded counter on the Singapore Exchange after the Resorts World Sentosa operator...
Europe: Stocks close at record high on earnings, rate cut optimism
Europe’s main stock index closed at a record high on Friday (May 10), on track for its biggest weekly gain since late January, as risk appetite was bolstered by...
US: Wall St muted as weak earnings offset jobless claims relief
US stock indexes were muted at the open on Thursday (May 9) as a slate of downbeat earnings offset the impact of data that showed US weekly jobless claims...
Brokers’ take: Analysts positive on Aims Apac Reit’s prospects; trim targets on lower earnings estimates
ANALYSTS are optimistic on Aims Apac real estate investment trust’s (AA Reit) growth, although its FY2024 distribution per unit (DPU) fell short of expectations. On Wednesday (May 8), both...
Hot stock: AEM hits 4-year low after Q1 earnings miss
SHARES of mainboard-listed AEM Holdings fell as much as 14.7 per cent in early trading on Thursday (May 9) after the group posted an 85 per cent drop in...
Europe: Stoxx 600 closes at record high on earnings cheer
EUROPE’S main index ended on Wednesday at a record high as investors cheered strong earnings from the likes of beer maker Anheuser-Busch Inbev and Germany’s Siemens Energy, while mulling...
US: Stocks mixed as earnings season winds down
WALL Street stocks moved in opposite directions on Wednesday, digesting another round of mixed earnings in a quarter that has seen solid but unspectacular corporate results.“I think that companies did a...
Ferrari posts underwhelming earnings amid flat deliveries
Ferrari reported underwhelming earnings in the first quarter after the Italian luxury-car maker’s vehicle deliveries remained flat.Delivery gains in Europe and the Americas failed to offset a 20 per...
