PROVIDENCE, R.I., Oct. 31, 2024 /PRNewswire/ — Capital Properties, Inc. (OTCQX: CPTP) announced that during its regular quarterly meeting held on October 30, 2024, the Board of Directors approved the declaration of a regular quarterly dividend of $0.07 (seven cents) per share on the Company’s outstanding Class A Common Shares (6,599,912). This dividend will be … Read more
Caesars Entertainment surprised investors with a third-quarter loss, falling short of market expectations. The company attributed the poor results to new competition and disruptions caused by construction in regional markets. Following the news, Caesars’ shares dropped by 4% in after-hours trading. Instead of the expected profit of 12 cents per share, Caesars reported a loss … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. McDonald’s experienced a second consecutive decline in sales during the third quarter, as it grappled with weak consumer demand in international markets like France, the UK, the Middle East, and China. The fast-food giant reported … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. BP reported its lowest quarterly profit since the onset of the Covid-19 pandemic, with reduced oil prices and weak refining margins impacting its performance. The FTSE 100 energy giant generated underlying profits of $2.27bn in … Read more
Evercore ISI has raised its price target for Vertiv Holdings Co. (NYSE: VRT) to $135.00 from $125.00, maintaining an Outperform rating on the stock. The firm noted Vertiv’s strong performance in the September quarter, with revenues and earnings per share (EPS) surpassing market expectations. Vertiv reported revenue of $2,074 million and EPS of $0.76, beating … Read more
“ Germany’s largest bank, Deutsche Bank, reported a significant increase in third-quarter profits, driven by the resolution of investor lawsuits related to its Postbank division. Net profits reached 1.46 billion euros ($1.58 billion), a 42 percent rise from the previous year. Analysts had predicted a figure of 1.32 billion euros, according to FactSet. The profits … Read more
Investing.com – European stock markets showed a mixed performance on Tuesday as investors analyzed third-quarter corporate earnings in the midst of uncertainties surrounding global growth and future interest rate adjustments. At 03:10 ET (07:10 GMT), the DAX in Germany was trading 0.5% higher, while the CAC 40 in France was down 0.1% and the FTSE … Read more