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08.29 - Powell also puts pressure on
In
- The Shanghai Stock Exchange Composite Index was able to limit losses to 0.05 percent.
Japan's Nikkei225, on the other hand, was able to keep its head above water and added 0.5 percent.
08.21 -
has seen results rise in the first six months of its extended eighteen-month fiscal year.
- Net profit amounted to
EUR 21.5 million . A year agoTINC posted a net profit ofEUR 18.2 million . TINC targets a gross distribution of at least0.84 euro per share for the current extended fiscal year. The distribution will in principle take place inMay 2024 .
07.49 - Adidas severely cuts dividend
Adidas shareholders will receive a dividend of
- That decision comes after the sports brand saw profits fall sharply. That amounted to a net
254 million dollars last year, compared to1.49 billion dollars in 2021
07.24 - Nicolas Beaussillon steps aside as CEO of
Nicolas Beaussillon will step down as CEO of
- His departure is accompanied by a transition phase during which he will remain available to the company to ensure a smooth transition.
- The search for a successor to Beaussillon has now begun.
- The departing CEO stated in a statement that he leaves behind a company with a solid foundation.
07.09 - Powell talks
US stock markets dipped lower yesterday after
- The S&P500 index fell 1.5 percent.
- Technology exchange Nasdaq lost 1.2 percent.
-
The
Dow Jones index lost 1.7 percent.
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