Google’s parent company had a poor spell in 2022 but is now back on track. Executives are so pleased with GOOG’s performance that they have agreed to pay shareholders the first quarterly dividend since the company’s public launch at an IPO in 2004. The dividend of $0.20 per share will be paid to shareholders on…
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A year ago, the euro was 1.100 to the US dollar. Analysts believe that a lower-than-expected value of the Hamburg Commercial Bank’s (HCOB) manufacturing PMI contributed to the feebler euro performance. The HCOB manufacturing PMI missed estimates and came in at 45.6, a decline from March 2024’s 46.5. The latest indicators also fell short of…
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The company markets this drug as Zepbound® in the US and as Mounjaro® in some international markets. These outcomes add to the merits of medicines such as Zepbound and Novo Nordisk’s (NVO) Ozempic in the treatment of obesity and diabetes. Despite supply, cost, and health insurance issues, these drugs remain in high demand worldwide. Lilly…
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The private aerospace company divulged its intention when discussing the maiden flight of its spaceplane and the escalation of its satellite footprint. According to a CNBC Manifest Space interview with Sierra Space’s CEO Tom Vice, the Eclipse satellite initiative will handle missions in the low-earth and cis-lunar orbits. Yahoo Finance reported that the company wants…
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The governor of the OeNB, Robert Holzmann, reportedly told Reuters in an interview that Raiffeisen is not contravening any sanctions imposed on Russia, and it alone can decide if the investment risk is worth it. Reuters quoted Holzmann, who further said: Both the US and Europe or Austria, the Austrian National Bank, we can’t provide…
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The company confirmed a loss of 10 cents per share, and the net earning profit adjusted to three cents per share after restructuring costs and asset impairment costs. That was better than the three-cent loss that analysts had expected to see. The revenue for the period was posted at $173m for the final quarter and…
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According to reports, by taking this action, the company aims to increase its net profit margin by 10%. After revealing the management plan for its fiscal year starting on 1 April 2024, the Japanese trade and investment company indicated it wants to achieve profits of 880bn JPY during its 2024/25 financial year. Reuters reported that…
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While the signs had been clear that it would be a difficult quarter, analysts were still taken aback as the numbers were far lower than their revised estimates had suggested. The company delivered 8.5% fewer cars than in the same period of 2023, surprising analysts who had expected to see an increase. The news caused…
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The company was founded in 2013 and was backed by Microsoft in a 2021 financing round that put Rubrik’s value at $4bn. Rubrik has committed to spending $220m in the next decade to use the Microsoft Azure platform for data security solutions. Rubrik has raised $1.18bn so far. The filing confirms that Goldman Sachs…
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In response to the urgent need for liquidity among care providers, UnitedHealth initiated a temporary support program earlier in the month. This initiative aims to alleviate the financial strain by offering loans, which providers are expected to repay within 45 business days. A significant portion of this financial support, amounting to over 40% of the…
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