Drugmaker Novo Nordisk reaches market value of $500 million

[ad_1] Demand for obesity drugs has pushed Novo Nordisk’s share price to new highs. ADVERTISEMENT The rush on weight loss drugs has sent Danish drugmaker Novo Nordisk’s market value to…

Goldman Sachs profits up 51% but full year reflects difficult quarter

[ad_1] On a per-share basis, Goldman earned $5.48 per share, beating analysts’ expectations. ADVERTISEMENT Goldman Sachs’ profits jumped 51% from a year earlier, the investment bank said on Tuesday, helped…

Profits Comeback Paired With Rate Cuts Make a Powerful Mix

[ad_1] Profits are growing again, and the Federal Reserve looks as if it will start cutting rates sometime this year. It is an unusual combination and, for the stock market,…

Live news updates from July 18: BBC hires Deloitte to review procedures, Morgan Stanley profits fall

[ad_1] Kremlin appoints Chechnyan official to run Danone Russia Max Seddon in Riga and Polina Ivanova in Berlin Russia has appointed a senior official from Chechnya to run Danone’s assets in…

Air France KLM’s Genius Play: Drastically Cutting Business Class Reward Costs to Boost Profits – View from the Wing

[ad_1] Air France KLM’s Flying Blue was already the best loyalty program in SkyTeam (although some partisans might argue for Korean Air Skypass) and has made several improvements over the…

Tesco lifts profit guidance following robust Christmas sales

[ad_1] Tesco has increased its profit guidance following better-than-expected Christmas sales due to exceptionally strong fresh food sale volumes. ADVERTISEMENT The news came as Tesco released its Q3 and Christmas…

Hays warns over profits after ‘clear slowdown’ in December hiring

[ad_1] Dirk Hahn, chief executive of Hays, said: “Overall market conditions became increasingly challenging through the quarter, including a clear slowdown in most markets in December, notably in our permanent…

Samsung warns of worse than expected profits fall

[ad_1] The announcement comes as global demand for consumer electronics remains weak after the pandemic. [ad_2] Source link

JD Sports shares plummet following dire profit warning

[ad_1] JD Sports shares fell around 20% on Thursday, following the retail chain issuing a gloomier profit forecast than before ADVERTISEMENT JD Sports shares plunged about 18% on Thursday, ending…

Supermarket chain Jumbo says shoplifting exceeds annual profits

[ad_1] Stay informed with free updates Simply sign up to the Retail sector myFT Digest — delivered directly to your inbox. Dutch supermarket chain Jumbo has said shoplifting exceeded its…