Bill Anderson The new Bayer boss is under pressure to deliver significantly better numbers again in 2024. (Photo: Reuters) Düsseldorf The first fiscal year of the new Bayer boss Bill Anderson will be an unusually bad one for the pharmaceutical company: the net debt will rise again significantly to 36 billion euros by the end … Read more
Frankfurt/Main Unlike the Dax, the MDax did not make any gains, with the index of medium-sized titles falling by 0.53 percent to 28,231.01 points. The two food suppliers Hellofresh and Delivery Hero suffered losses here. A deteriorating outlook from the world’s largest chip producer TSMC weighed on the semiconductor sector. The shares of the chip … Read more
NEW YORK Things looked different on the technology-heavy Nasdaq stock exchange, where investors were disappointed by two particularly heavily weighted companies. The Nasdaq 100 selection index fell 1.46 percent to 15,595.64 points. The market-wide S&P 500 lost 0.50 percent to 4542.77 points. Johnson & Johnson (J&J), IBM and Travelers led the Dow. The pharmaceutical and … Read more
Ionic The company went public in February. (Foto: mauritius images / Timon Schneider / Alamy / Alamy Stock Photos) Frankfurt Rising energy and marketing costs have caused web hosting and cloud provider Ionos to see its profits fall over the past year. The company announced on Wednesday that adjusted operating profit fell by 2.7 percent to … Read more
Düsseldorf Companies are on a spending spree. Most recently, they spent more money on their own shares than ever before. Share buybacks are as controversial as they are popular. In this way, companies reduce the supply of shares in the market. This usually increases the price. While investors can be happy about this, skeptics suspect … Read more
SAN FRANCISCO Visa’s quarterly results exceeded the average expectations of Wall Street pundits. The stock initially rose by around 1.5 percent in after-hours trading. Visa’s international business in particular posted strong growth as tourism and international travel recovered from the coronavirus pandemic. For example, hotel and flight bookings are often paid for by credit card. … Read more
Die Wall Street in New York The tech companies Snap and Twitter had to accept price losses. – (Photo: AP) – – – – Frankfurt, New York The prospect of further extensive rate hikes by the Fed is weighing on Wall Street. The leading indices Dow Jones, Nasdaq and S&P 500 fell by up to … Read more
Adidas-Chef Kasper Rorsted, Mercedes-Benz, Fresenius, BASF, RWE Many German companies are currently correcting their forecasts – both upwards and downwards. – (Photo: Fresenius, BASF, dpa) – – – – Düsseldorf On Tuesday, the division of the German economy became apparent within a few minutes. First, wind turbine maker Siemens Gamesa scaled back its revenue and … Read more
The New York Stock Exchange on Wall Street Wall Street got off to a stable start to a packed week. Investors are eagerly awaiting various quarterly figures from American companies and the Fed’s interest rate decision. – (Photo: AP) – – – – Frankfurt, New York Optimistic prospects from the two technology groups Amazon and … Read more
The New York Stock Exchange on Wall Street Wall Street got off to a stable start to a packed week. Investors are eagerly awaiting various quarterly figures from American companies and the Fed’s interest rate decision. – (Photo: AP) – – – – Frankfurt, New York Despite disappointing economic data and weak corporate balance sheets, … Read more