A day before CEO Christian Sewing presents his new strategy, the money house is now trying to calm investors. “Our direct risk positions are currently very limited and are strictly managed,” said risk director Stuart Lewis in a statement on Wednesday evening. “We are closely monitoring and evaluating the second and third round effects arising … Read more
Frankfurt On February 24, an A350 left the delivery airport of the manufacturer Airbus in Toulouse for Moscow. At this point, the wide-body jet is already fully owned by Aeroflot – luckily for the Russian airline, it turns out. A few hours later, the extradition would have violated EU sanctions. The ninth of the 22 … Read more
Siltronic site in Freiberg CEO Christoph von Plotho ruled out a capital increase for the current year. (Photo: dpa) Munich The high-tech group Siltronic wants to become more profitable despite rising costs. This year, 34 to 37 percent of sales should remain as earnings before interest, taxes, depreciation and amortization, as the company announced on … Read more
Adidas headquarters in Herzogenaurach The world’s second-largest sporting goods company is currently growing at a slower pace than smaller rival Puma. (Photo: dpa) Munich The world’s second-largest sporting goods group, Adidas, wants to increase sales and profits by double-digit percentages this year. And this despite the withdrawal from Russia due to the Ukraine war. Revenue … Read more
Elon Musk The Tesla founder is as popular as he is controversial. (Foto: imago images/Future Image) New York Tesla boss Elon Musk wants to overturn a regulation in court, according to which some of his tweets must first be approved by the electric car pioneer’s lawyers. The requirement agreed with the US financial regulator SEC in … Read more
Cathie Wood According to the investor, innovation is now available at a bargain price. It is all the more remarkable when she separates from companies. (Photo: Archyde.com) Düsseldorf Star investor Cathie Wood significantly reduced her portfolio in February: She liquidated a total of seven positions worth around $800 million in her flagship fund ARKK. This … Read more
Dax curve The leading German index had reached several new record highs in the last stock market year. (Foto: Bloomberg Creative/Getty Images [M]) Düsseldorf The mood on the German stock market is friendly again. The Dax climbed 0.7 percent in the morning and traded at 15,142 points. On Friday, the leading German index fell 1.5 percent … Read more
Frankfurt Investors urgently expect news from the Dax company Fresenius on the subject of corporate restructuring and a possible spin-off of corporate divisions. It could be this Tuesday: Then the healthcare group and its dialysis subsidiary Fresenius Medical Care, which is also listed in the Dax, will present their annual figures. “At the moment there … Read more