News Formal

European earnings roll call sees Nestlé shares rise, while ASML, Akzo Nobel fall

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 97%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

European stocks struggle as a big batch of earnings roll out and with more worrying inflation signals, this time out of Germany.

European stocks struggled for direction on Wednesday as investors reacted to results from some of the region’s biggest companies, with shares of Nestlé a top gainer, while ASML Holding, Akzo Nobel and Antofagasta all fell.

Among companies, Nestlé NSRGY, -1.76% NESN, +3.59%, was a leading gainer with a rise of over 3% as the Swiss food and drink conglomerate reported higher sales for the first nine months of the year that also beat forecasts. And Nestlé lifted its full-year guidance for organic sales growth. Its Nescafe, Nespresso and Starbucks brands. Purina PetCare and vegetarian and plant-based food all drove growth.

Akzo Nobel AKZA, -2.15% shares fell over 1% after the Dutch paints and coating company reported a third-quarter fall in net profi, missing consensus and said its performance was hit by high raw-material costs and supply-chain disruptions.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 3. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Netflix’s Reed Hastings Envisions “Entertaining The World” In Chappelle-Free Q3 Earnings Call; Execs Talk Video Games, Content Spending & MoreCo-CEO Reed Hastings and his Netflix management colleagues didn’t let the current controversy over Dave Chappelle slow their roll during the company’s third-quarter earnings interview. …
Källa: DEADLINE - 🏆 109. / 63 Läs mer »

Futures point to further Wall Street gains as earnings season rolls onU.S. stock futures pointed higher Tuesday, extending gains after the largest four-day stretch of gains since late July for both the S&P 500 and Nasdaq...
Källa: MarketWatch - 🏆 3. / 97 Läs mer »

Stocks rise with U.S. big growth shares; 5-yr U.S. yields climbGlobal stock indexes mostly rose on Monday following gains in U.S. mega-cap technology and other growth names, while five-year Treasury yields rose to their highest levels since early 2020.
Källa: Reuters - 🏆 2. / 97 Läs mer »