(AOF) – Procter & Gamble, which owns Ariel detergents and Head & Shoulders shampoos, among others, announced better-than-expected earnings and sales for the July-September quarter, the first of its staggered fiscal year. P&G posted quarterly adjusted earnings per share of $1.57 (-2%) on net revenue of $20.61 billion, while analysts had expected earnings of $1.54 … Read more
(AOF) – European equity markets opened higher but the momentum tends to lose some of its vigor, the concerns aroused by inflation – up to 9.9% in September against 9.1% in August – and the rise in rates with a Bund up 4 points to 2.32% and a 10-year bond in the USA gaining 5 … Read more
On September 7, El Salvador, through its President Nayib Bukele, became the first state to recognize bitcoin as a legal currency in addition to the dollar. Merchants, restaurants, companies, and even the state are therefore now obliged to accept its use as a means of payment. The objective was then to encourage remittances of money … Read more
A TER train at Montparnasse station, in January 2020 in Paris (AFP / STEPHANE DE SAKUTIN) French regions will be forced to “close the railway lines” if the state passes on the soaring electricity prices to them, warned the president of the Grand Est Regional Council, Jean Rottner (LR). “From 2024, an additional 8% toll … Read more
The Nestlé research center in Lausanne ZURICH (Archyde.com) – Nestle on Wednesday reported better-than-expected sales for the first nine months of the year and raised its forecast for the whole of 2022 as the Swiss food giant passed to pass on price increases to its customers. For the full year, Nestlé is now targeting organic … Read more
Johnson & Johnson logo file photo (Archyde.com) – Johnson & Johnson, the leading drug and medical device maker, reported better-than-expected quarterly revenue and profit on Tuesday on strong demand for its cancer drug , Darzalex, and its treatment for Crohn’s disease, Stelara. The title J&J took 2.1% to 170.02 dollars in pre-market trading on Wall … Read more
The action lost 23% over one year. (© ML) The CEO of the bank, Jean-Laurent Bonnafé, acquired securities via the PEE, as did the head of retail banking, Thierry Laborde, and that in charge of corporate banking, Yann Gerardin. The general manager of the banque Jean-Laurent Bonnafé, bought via the company savings plan 1,849 shares … Read more
Publicis logo archive photo (Archyde.com) – Publicis is gaining market acclaim after raising its 2022 targets for the second time this year following a third-quarter performance that beat expectations. The action of the communications group gained 3.64% to 57.6 euros on the Paris Stock Exchange, rising to its highest level since February. The British competitor … Read more