Month: May 2024

Societe Generale’s results were better than expected at the revenue and underlying profit levels and showed early recovery signs in French retail banking, analysts said.

Credit Agricole posted a rise in first-quarter earnings that beat expectations on revenue growth across all its businesses and said it would reach its medium-term targets by the end of this year.

Legrand posted lower profits for its first quarter following a slowdown in the construction sector, but confirmed its financial targets for the year.

Daimler Truck reported higher core profits in the first quarter, driven by gains in North America, and said it was on track to meet its financial targets for the year despite headwinds in Europe increasing.

Danske Bank backed its full-year guidance after reporting in-line first-quarter earnings on good demand for its products, efficiency gains and strong credit quality.

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The request signals that the agency is reviewing whether the deal could be anticompetitive under U.S. law.

Exxon Mobil has completed its $60 billion acquisition of rival Pioneer Natural Resources after reaching an agreement with antitrust regulators, closing out the largest oil-and-gas deal in decades.

Shares of Jean Paul Gaultier owner Puig rose sharply above the listing price on their trading debut in Spain after the world’s biggest initial public offering so far this year.