Ahold Delhaize (AD.AS), the international food retail group, has announced its financial results for the fourth quarter and full year of 2023, showcasing resilience and strategic progress in a changing market landscape. The company reported a 1.9% increase in net sales for Q4, reaching €23 billion, and a 3.8% rise in full-year sales to €89...
JAKARTA - PT Garuda Maintenance Facility Aero Asia Tbk (GMFI) recorded net profit growth of 556.19% in the first semester of 2024 from the same period in 2023. This realization reached 65.59% of the net profit in 2023 of US$20.27 million. In the 2024 Semester I Financial Report quoted on Thursday (17/10), the issuers net...
The New Zealand dollar strengthened against most major currencies in the Asian session on Wednesday. The NZ dollar rose to 0.6099 against the U.S. dollar and 91.40 against the yen, from an early 3-week low of 0.6069 and a 6-day low of 91.04 against the yen, respectively. Against the euro, the kiwi edged up to...
Frontdoor, Inc. (FTDR) announced Monday that Evan Iverson has been promoted to Senior Vice President and Chief Operating Officer, effective August 1, 2024. As Chief Operating Officer, Iversons responsibilities now include oversight of the companys technology strategy and architecture, as well as the integration and delivery of technology into the companys service offerings. This is...
In response to the phased implementation of the European Union (EU) Markets in Crypto-Assets Regulation (MiCA), the Central Bank of Latvia introduced a pre-licensing consultation service for local crypto-asset service providers (CASPs) in the country, according to an August 29 press release. As part of Latvia’s efforts to align with MiCA, the initiative provides free...
Bitcoin bulls have little to worry about regarding the BTC price uptrend, according to QCP Capital. The recent movement of coins from the defunct exchange Mt. Gox, which led to a 2% drop in BTC prices, is seen as a temporary setback rather than a significant shift in market trajectory. QCP highlights three bullish reasons...
Bitcoin (BTC) kicked off the week with robust momentum, maintaining a position well above the $64,000 mark and reaching a high of $64,496. The total market capitalization for cryptocurrencies has surged to $2.36 trillion, reflecting a 1.19% increase within 24 hours. This rise is partly due to investor responses to softer US NFP data, which has...
While reporting financial results for the second quarter on Wednesday, Kraft Heinz Co. (KHC) reaffirmed its adjusted earnings and organic net sales growth guidance for the full-year 2024. For fiscal 2024, the company still projects adjusted earnings in a range of $3.01 to $3.07 per share, but now projects organic net sales to be down...
BlackRock’s Bitcoin ETF, IBIT, has shattered another record for daily inflows, absorbing $788.3 million from investors Tuesday alone. All that money goes straight into buying more Bitcoin (BTC), which the company holds with Coinbase and uses to directly back its shares. Less than two months after launch, BlackRock has now absorbed over $9.1 billion in...
The Malaysia stock market on Thursday ended the two-day slide in which it had stumbled almost 20 points or 1.2 percent. The Kuala Lumpur Composite Index now sits just above the 1,540-point plateau and it may add to its winnings on Friday. The global forecast for the Asian markets is positive on optimism over the...