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Lufthansa’s Q1 EBIT Loss Reaches €722M, Stock Dips 0.67% While Company Holds Firm on 2025 Forecast

April 29, 2025 9:36 am
Key Moments: Lufthansa’s quarterly adjusted EBIT loss hit €722 million ($822.14 million), aligning with expectations. However, transatlantic demand from the US rose by approximately 25% in March. The company reaffirmed its 2025 operating target despite geopolitical uncertainties. A slight 0.67% decrease brought Lufthansa’s stock to roughly €6.5 during Tuesday’s trading. First-Quarter Financial Results Deutsche Lufthansa’s […] Read more

BAWAG Share Price Jumps 3.44%, Q1 Net Profit Hits €201M

April 29, 2025 8:53 am
Key Moments: BAWAG’s (BG:) pre-provision profits for Q1 amounted to €336 million, while the cost-income ratio in the first quarter hit 37%. Meanwhile, the company’s net profit reached €201 million. The bank reaffirmed its full-year 2025 guidance and mid-term goals outlined on March 4th, 2025. BAWAG’s stock enjoyed a surge to €96.15 on Tuesday. Strong […] Read more

European Equities Advance 0.7% as Bond Yields Inch Higher

April 28, 2025 2:39 pm
The STOXX 600 rallied 0.70% on Monday, driven by gains in Banca Generali and Mycronic. The DAX index also surged, climbing 0.71%. German and US 10-year bond yields both rose by 3 basis points, settling at 2.502% and 4.268% respectively. Asian and US markets displayed varied performances on Monday. While indices like the Nikkei 225 […] Read more

Transsion’s Q1 Net Profit Plummets 69.9%, Stock Slides 2.38%

April 28, 2025 12:44 pm
Key Moments: Transsion Holdings’ net profit fell by 69.9% year-over-year during 2025’s first quarter. Revenue also dropped by 25.45%. The stock price closed at 81.66 CNY on Monday, a 2.38% decline. Transsion Reports Significant Downturn in First-Quarter Profit Transsion Holdings, a mobile phone manufacturer headquartered in Shenzhen, announced on Monday that its net profit for […] Read more

Deliveroo Halts Share Buyback After DoorDash’s $3.6B Acquisition Offer, Share Price Soars 17.60%

April 28, 2025 10:07 am
Key Moments: On Monday, Deliveroo disclosed the suspension of its £100 million ($133.13 million) share buyback plan. The decision follows a proposal from DoorDash to acquire Deliveroo for £2.7 billion ($3.6 billion). Deliverboo’s stock price enjoyed a significant jump, skyrocketing by 17.60%. Deliveroo Suspends Share Repurchase Program Deliveroo ROO has put a stop to its […] Read more