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Highlights:,Upgraded Full-Year Guidance Maintained,: BAE Systems confirmed its previously upgraded forecasts, projecting 12% to 14% growth in both sales and underlying pre-tax earnings.,Resilient Demand for Defence Products,: Strong global defence spendin...

• November 12, 2024 08:37 AM GMT
• Team Kalkine Media

Highlights:,Dividend Cut Despite Steady Performance:,Vodafone halved its interim dividend while maintaining its full-year outlook, citing regulatory delays in major transactions.,Revenue Growth with German Decline:,Group service revenue increased by 1.7% ...

• November 12, 2024 08:37 AM GMT
• Team Kalkine Media

Highlights:,Legal Challenges in the UK:,Shell faces lawsuits in Scotland seeking to overturn approvals for the Jackdaw and Rosebank North Sea oil and gas projects due to unaccounted emission impacts.,Appeal in the Netherlands:,Shell contests a 2021 ruling...

• November 12, 2024 08:37 AM GMT
• Team Kalkine Media

Highlights:,Major U.S. Investment:,AstraZeneca to invest $3.5 billion in expanding its R&D and manufacturing capabilities across the U.S. by 2026.,Job Creation:,The plan includes $2 billion earmarked to generate over 1,000 high-skilled jobs in the pharmac...

• November 12, 2024 08:37 AM GMT
• Team Kalkine Media

Highlights:,Robust Financial Performance:,Diversified Energy achieved $102 million in operating cash flow and $115 million in adjusted EBITDA for Q3.,Strategic Debt and Share Repurchases:,Year-to-date, the company has repaid $154 million in debt and execu...

• November 12, 2024 08:37 AM GMT
• Team Kalkine Media

Highlights:,Unemployment Rate Rises,: The UK unemployment rate increased to 4.3% in the three months to September, surpassing expectations.,Wage Growth Surges,: Average weekly earnings, including bonuses, grew by 4.3%, driven by one-off payments in the pu...

• November 12, 2024 08:37 AM GMT
• Team Kalkine Media

Highlights:,Major Fine Imposed:,Metro Bank faced a £16.7 million penalty from the Financial Conduct Authority (FCA) for insufficient anti-money laundering controls.,Transaction Monitoring Failures:,The bank failed to monitor transactions worth £51 billion...

• November 12, 2024 08:37 AM GMT
• Team Kalkine Media

Highlights:,Cash Flow Focus,: Genel prioritizes optimizing cash flows and strengthening capital structure while exploring new asset acquisitions.,Debt Reduction,: The company slashed debt from $248 million to $66 million, boosting its net cash position to...

• November 12, 2024 08:37 AM GMT
• Team Kalkine Media

Highlights:,Mortgage Rate Hikes Implemented:,Santander has raised fixed mortgage rates for new buyers and remortgages by up to 0.29%, while variable tracker rates decline after the base rate cut.,Economic Uncertainty Impacts Borrowing Costs:,Rate increase...

• November 12, 2024 08:37 AM GMT
• Team Kalkine Media

Highlights:,Chinese Consumer Spending Declines:,Chinese spending on luxury goods has turned negative, hitting sales across the sector harder than anticipated.,Profit Margins Under Threat:,Flat sales in recent months could pressure profitability, with inve...

• November 12, 2024 08:37 AM GMT
• Team Kalkine Media