Applovin Inc. shares fell in the extended session Wednesday after the app-monetization company’s results and outlook cut disappointed Wall Street. Applovin APP, -9.49% shares fell more than 6% after hours, Read more
Tag: Corporate Funding
Ahold Delhaize lifts guidance, announces $1 billion in buybacks as profit rises
Royal Ahold Delhaize NV on Wednesday raised its full-year adjusted EPS guidance and announced a new 1 billion euro ($1.01 billion) share buyback as it reported a 13% rise in Read more
Consumers turn to credit cards, personal loans to get by during inflation: data
People are resorting to credit cards and unsecured personal loans to cope with the bite of high inflation, new data shows — all while borrowing costs rise and the U.S. Read more
Primark parent Associated British Foods lifts dividend, announces £500 million share buyback program
Associated British Foods PLC said Tuesday that pretax profit for fiscal 2022 rose on robust pricing amid a normalization of customer behavior, and raised its dividend payout and launched a Read more
Carrefour aims for higher free cash flow as it sets out midterm focus on core markets, cost savings
Carrefour SA on Tuesday set out a plan to step up investment and maintain annual share buybacks from higher earnings, helped by increased cost savings over the coming years. The Read more
Credit carnage spurs bargains on bonds tied to $16 trillion pile of U.S. household debt
Big bargains have made a roaring comeback on bonds tied to the $16.2 trillion pile of U.S. consumer debt. Higher borrowing costs, tighter credit conditions and sharp losses have been Read more
Giant Biogene rises in Hong Kong market debut
Giant Biogene Holding Co.’s stock zoomed higher in its Hong Kong market debut, after the Chinese skincare company raised 549.4 million Hong Kong dollars (US$70.0 million) in an initial public Read more
Warner Bros. Discovery to speed up merger of HBO Max, Discovery+
Warner Bros. Discovery Inc. is speeding up the launch of a combined HBO Max/Discovery+ streaming service, a decision that comes as the company is facing growing pressure on its traditional media Read more
Latinos are crucial to the economy — but banks don’t always meet their needs
When it comes to banking, Mireya Olvera knows that Latino consumers want to feel understood — or, at the very least, like the person on the other end of the interaction Read more
Here’s how top CEOs are opening up their wallets for J.D. Vance and other candidates in key Senate races
By one metric, J.D. Vance could be considered the favorite among CEOs of S&P 500 companies. That’s because the Ohio Republican has attracted more money from current or recent S&P Read more