Check out the companies making headlines in premarket trading. Coca-Cola — The soda maker popped 3% after beating Wall Street expectations on both lines for the fourth quarter. Coca-Cola earned 55 cents adjusted per share on $11.54 billion in revenue, while analysts polled by LSEG forecasted 52 cents in...
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Ursula von der Leyen (CDU, r), President of the European Commission, stands in the plenary chamber of the European Parliament.Philipp von Ditfurth | Picture Alliance | Getty ImagesThe European Union plans to retaliate against the United States for new steel and aluminum tariffs."Unjustified tariffs on the EU will not...
James Quincey, CEO of Coca-Cola, speaking on CNBC's "Squawk Box" outside of the World Economic Forum in Davos, Switzerland, on Jan. 22, 2025.Gerry Miller | CNBCCoca-Cola on Tuesday reported quarterly earnings and revenue that topped analysts' expectations, fueled by a global rise in demand for its drinks.Shares of the...
A Gucci store, operated by Kering SA, in the Sanlitun area of Beijing, China, on Saturday, Oct. 12, 2024. Bloomberg | Bloomberg | Getty ImagesFrench luxury goods firm Kering on Tuesday reported better-than-expected fourth-quarter sales that were nevertheless down year-on-year amid lagging demand for its main Gucci label.The high-end fashion...
Africa’s top digital banking platforms typically come from high-growth, populous markets like Nigeria, South Africa, and Egypt. But Affinity Africa, an upstart from Ghana, wants to join the conversation. The startup has raised $8 million in seed funding to expand its financial products further across the country, where mobile...
The BP logo is displayed outside a petrol station near Warminster in Wiltshire, England, on Aug. 15, 2022.Matt Cardy | Getty Images News | Getty ImagesBritish oil major BP on Tuesday posted a sharp drop in fourth-quarter profit on weaker refining margins, announcing a $1.75 billion share buyback and...
The Commerzbank AG headquarters, in the financial district of Frankfurt, Germany, on Thursday, Sept. 12, 2024.Emanuele Cremaschi | Getty Images News | Getty ImagesItaly's second-largest lender UniCredit on Tuesday posted a fourth-quarter profit beat, raising shareholder returns amid market focus on the bank's M&A overtures.Net profit attributable to the...
PORTSMOUTH, UNITED KINGDOM - OCTOBER 28: The container ship Vung Tau Express sails loaded with shipping containers close to the English coast on October 28, 2024 in Portsmouth, England. Matt Cardy | Getty Images News | Getty ImagesAs the specter of Donald Trump's reciprocal tariffs looms, several Asian economies that...