Merck KGaA Cuts Medium-Term Healthcare, Life-Science Outlook but Lifts Electronics Guidance
Merck KGaA lowered its medium-term outlook for its healthcare and life-science segment due to China challenges and recent pipeline setbacks but raised its electronics forecast, citing strong ...
ABB Posts Higher Profit, Lifts Full-Year Margin Guidance — Update
The Swiss industrial-technology company's operational earnings before interest, taxes, and amortization margin at its electrification division for the first time reached 24%, with revenue reaching a ...
Nestle Trims Outlook Again as It Bets on Promotions to Win Back Shoppers — 2nd Update
Investor attention will now turn to Nestle's capital-markets event next month, analysts at Jefferies said in a note to clients. The company will come under pressure to offer midterm guidance, and a ...
EQT Posts Rise in Investments, Exits and Client Assets
EQT said its funds' investments increased over the third quarter of 2024, along with its exits and assets under management. The Swedish private-equity company said Thursday that its fee-generating ...
Schneider Electric Acquires Buffalo-based Motivair for $850 Million
Schneider Electric said it agreed to acquire a controlling interest in Buffalo-based Motivair for $850 million. The French group on Thursday said it plans to buy a 75% interest in the company, which ...