Investing.com - European plans to scale up military spending "with unprecedented urgency in modern times" are tipped to lead to a "small" boost in Eurozone growth in 2025, analysts at Citi have argued, adding that several defense sector names could be exposed to the uptick in expenditures.Worries in the region have swirled around whether the U.S. under President Donald Trump will be a willing ...
Investing.com -- Galderma Group AG (SIX:GALD) shares dropped more than 5% on Thursday despite reporting solid results for the fourth quarter of 2024, as investors reacted to the company’s performance in its aesthetics division.The Swiss dermatology company posted fourth-quarter sales of $1.15 billion, a 7% year-on-year increase, aligning with expectations. Full-year revenue rose 9% in con ...
Investing.com -- British motor insurance company, Admiral Group (LON:ADML), announced on Thursday that it is in exclusive discussions regarding the potential sale of its U.S. operations. The announcement was made alongside the release of the company’s annual results.Admiral Group, which is headquartered in Wales, did not disclose further details about the planned sale, including the potential ...
By Sergio GoncalvesLISBON (Reuters) -Novo Banco, Portugal’s fourth-largest lender, reported a record net profit of 744.6 million euros ($804 million) on Thursday, ahead of a planned initial public offering (IPO), and said it would begin distributing 60% of earnings in dividends.Net profit was up 0.2% last year, attributable in part to an increase in interest margins and commissions, which offset ...