Volvo Car Evaluating Reduction in Polestar Shareholding
Volvo Car may reduce its shareholding in Polestar and no longer provide further funding. It aims for higher growth and Ebit margin by 2026.
The Rainforest's Rich Biodiversity
The rainforest is a vibrant tapestry of life, with countless species thriving in its lush greenery. The canopy, medicinal marvels, threats, and conservation efforts are discussed.
Adidas Exceeds Revenue and Profit Guidance for 2023
Adidas surpasses revenue and profit expectations for 2023, with strong sales in Q4 and strategic decisions contributing to improved performance. Future outlook includes steady sales growth and aiming for a double-digit operating margin.
Medicare Advantage: Enhancing Security and Efficiency
Millions of Americans rely on Medicare Advantage for essential benefits. Lawmakers and insurance companies work to enhance security and efficiency, while beneficiaries have the opportunity to review and switch plans during the enrollment pe...
European Carmakers and Suppliers: Fourth-Quarter Earnings and 2024 Guidance
Analysts predict modest growth in global car sales for European carmakers, while challenges and key players continue to shape the industry's narrative. Focus on cost-cutting measures, electric vehicles, and Renault's 2024 guidance.
Extreme Networks Faces Challenges Due to Supply Chain Issues
Extreme Networks, a network equipment manufacturer, warns about supply chain challenges impacting third-quarter growth and shares decline. They are optimistic about returning to normal in the fourth quarter.
Skillcast Group Reports Revenue Growth
Skillcast Group, a London-listed software and content subscriptions company, reports revenue growth driven by recurring subscription revenue. The company expects revenue to reach £11.3 million in 2023.
Starbucks Falls Short of Earnings and Revenue Expectations
Starbucks reports lower-than-expected earnings and revenue for its fiscal first quarter, faces criticism and doubt in the market.
Lawsuit Filed Against Citigroup by New York Attorney General
New York Attorney General Leticia James sues Citigroup for neglecting fraud victims and demands compensation for financial losses.
Metro Warns of Higher Costs in Fiscal 2024
Metro's earnings decline in Q1 but revenue surpasses expectations. Company anticipates higher costs in fiscal 2024 due to upcoming launches and expects flat or lower net earnings per share. However, Metro remains confident in long-term prof...