Investing.com -- Beneteau shares dropped more than 10% on Friday after Bernstein downgraded the stock to "market-perform" from "outperform," citing concerns over 2025 revenue and margins.The French boatmaker reported a 29% revenue decline in 2024, falling to €1.03 billion. Operating profit came in at €75.9 million, slightly above expectations, but the company’s 7.3% operating margin was at t ...
Investing.com -- AstraZeneca (NASDAQ:AZN) announced today a $2.5 billion investment in Beijing to establish its sixth global strategic research and development (R&D) center. The move is part of a broader strategic partnership with the Beijing Municipal Government and the Beijing Economic-Technological Development Area Administrative Office. The investment, which will be spread over the next fi ...
Investing.com - Canada’s main stock index futures inched lower on Friday after equities fell in the prior session.By 06:59 ET (10:59 GMT), the S&P/TSX 60 index standard futures had dipped by 4 points or 0.3%.The Toronto Stock Exchange’s S&P/TSX composite index finished marginally down by 8.97 points, or 0.04%, on Thursday as investors assessed the broader economic outlook and look ...
Investing.com - European stock markets retreated Friday, closing the week on a negative note amid uncertainty over the state of the global economy.At 07:10 ET (11:10 GMT), the DAX index in Germany dropped 0.8%, the CAC 40 in France slipped 0.3% and the FTSE 100 in the UK fell 0.6%. Central bank decisions to digest Investors are digesting mixed signals from the U.S. Federal Reserve this w ...