Quarter
BioNTech counts on shift to cancer drugs after second quarter losses quadruple
LOSSES at German drugmaker BioNTech quadrupled in the second quarter from a year earlier, the company said on Monday (Aug 5), as it banks on a strategy shift towards...
Lufthansa sees earnings slump in third quarter as costs rise
LUFTHANSA warned of a fall in third-quarter earnings on Wednesday (Jul 31) as the German airlines group grapples with higher wage costs and a squeeze on ticket prices.
Airfares around...
GSK raises annual profit and sales forecast after second quarter beat
BRITISH drugmaker GSK raised its annual earnings and sales forecasts on Wednesday (Jul 31) and posted second-quarter results that beat market expectations, boosted by its cancer and HIV portfolio.
CEO...
LVMH sales grow 1% in second quarter, missing estimates
LVMH, the world’s biggest luxury company, posted a 1 per cent rise in organic sales in the second quarter on Tuesday (Jul 23), missing analyst estimates, and likely adding...
Computer parts maker Logitech lifts outlook after upbeat quarter
COMPUTER mouse maker Logitech International raised its full-year sales and profit outlook on Tuesday (Jul 23), after a strong performance across nearly all product categories and a rising contribution...
S-Reits to hit ‘turning point’ in coming quarter amid expectations of interest rate cuts
However, S-Reits are likely to report lower year-on-year distributions in the upcoming earning season as listcos continue to refinance maturing low cost of debt, say analystsAFTER two years of...
Dell shares tumble as weak margin forecast clouds upbeat quarter
DELL Technologies said on Thursday (May 30) it expects its adjusted gross margin rate to decline about 150 basis points in fiscal 2025, sending its shares down 18 per...
Applied Materials forecasts strong third quarter on AI boom
SEMICONDUCTOR equipment maker Applied Materials forecast third-quarter results largely above Wall Street estimates on Thursday (May 16), indicating robust demand fuelled by an artificial intelligence (AI) boom.The company has...
