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...CVS Health shares plunged 11.2 per cent in pre-market trading after it cut its full-year guidance for the second time this year over high medical costs at its insurance unit....
...The investment bank recorded a 13 per cent increase in revenue to €3bn, driven by a 7 per cent increase in fixed-income trading and a 54 per cent jump in origination and advisory....
...Copper mining stocks leapt as the price of the red metal hit an 11-month high on media reports overnight that Chinese smelters planned to cut production at some of their lossmaking plants....
...Trading and investment banking helped lift Deutsche Bank to its highest quarterly profits in 11 years in the first three months of 2024, as global dealmaking started to pick up after a two-year long slump...
...The media group’s television channels — which includes CNN and HGTV suffered an 11 per cent decline in advertising revenue, which it blamed on “audience declines” and a weak ad market....
...than the previous estimate of 19.7 per cent....
...The firm posted a 7 per cent increase in net revenues to £654mn in 2023, compared with growth of 12 per cent during the previous year....
...At 11.09pm an Israeli drone struck the first car. When the survivors of that strike got out of the car and climbed into the second car, Israeli forces targeted that car too, at 11.11pm....
...The company expects core profits, its preferred measure, to reach 9 to 11 per cent, compared with 7 to 10 per cent in previous guidance, while sales for 2024 will also be slightly higher than previously...
...In this new financial year, management expects revenue growth of 7-11 per cent. Net ticket sales are forecast to rise 8-12 per cent, with adjusted cash profits of 2.4-2.5 per cent of those sales....
.../11, ahead of Lei Tingjie (China) 7, Aleksandra Goryachkina and Kateryna Lagno (both Russia) and Koneru Humpy (India) 5.5....
...Japan’s defence spending rose 11 per cent to $50bn, while Taiwan’s defence spending rose 11 per cent to $17bn....
...PepsiCo said adjusted earnings grew 7 per cent to $1.61 a share in the three months ending March 23, beating analyst expectations of $1.52....
...The maker of Sprite and Fanta raised its full-year organic sales outlook to a range of 8 to 9 per cent, up from 6 to 7 per cent....
...Americans are justifiably jealous of Britons’ £11.44 hourly minimum, which is nearly double the US national minimum of $7.25 — although nearly a dozen states have minimums around the UK level....
...Teleperformance: Shares in the French office services and call centre company rose 11 per cent after quarterly results came in above expectations....
...Shares of Norwegian Cruise Line, down 11.7 per cent just after midday, were on course for their biggest one-day drop in nine months....
...The consultancy group also forecast earnings per share of between $11.41 and $11.64, down from a previous range of $11.41 to $11.76 per share....
...Four of 11 sectors made gains, with utilities faring best. The tech-heavy Nasdaq Composite fell 0.7 as five Magnificent Seven stocks traded lower....
...per cent) and “real” assets like infrastructure (11.2 per cent)....
...SES: Shares in the satellite communications company dropped 11.3 per cent after it said it was acquiring US satellite services provider Intelsat for $3.1bn in an all-share deal....
...Share moves to note on major US stock indices include Intel, Signet Jewelers and Dave & Buster’s: Intel shares fell 7.6 per cent after reporting on Tuesday afternoon that its chip manufacturing business...
...Net sales fell 7 per cent from a year ago to about $4.9bn, beating analyst expectations....
...On a small, enclosed site in the upscale Colombo 7 district, Bawa first rented one property in an alley off 33rd Lane in 1959, then another....
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