Euronext: Sanofi, Vivendi, Sodexo… Why companies on the stock exchange are splitting up

Euronext: Sanofi, Vivendi, Sodexo... Why companies on the stock exchange are splitting up

(BFM Bourse) – Sodexo listed its meal vouchers business on the stock exchange on Thursday. Like the joint catering specialist, Sanofi and Vivendi also intend to separate their activities through an IPO. Which is no longer the case for Renault, which has resigned from putting Ampere, its electric car and software subsidiary, on the financial … Read more

Sbf 120: Here are the Big Winners and Big Losers in the SBF 120 Stock Market in 2023

Sbf 120: Here are the Big Winners and Big Losers in the SBF 120 Stock Market in 2023

(BFM Bourse) – The automotive manufacturer Stellantis flashed its brilliant results in front of the veterinary laboratory Virbac in the past year. At the opposite end of the spectrum, Orpea balanced its balance sheet at the cost of a nearly 100% drop, while fellow retirement home operator Clariane also suffered. The Paris market had a … Read more

Barrick Gold Corporation: The Lost Decade

Barrick Gold Corporation: The Lost Decade

Investing in the commodity sector is extremely difficult. Those who try will encounter two structural problems: the impossibility of predicting the price of the relevant raw material, whose fluctuations often defy logic; and typically the average profitability of mining companies, although we try to smooth it out over the cycle. The case of gold producers … Read more

A US judge has allowed the FTC to temporarily block IQVIA’s acquisition of DeepIntent

A US judge has allowed the FTC to temporarily block IQVIA's acquisition of DeepIntent

A US court on Friday upheld an order by the Federal Trade Commission (FTC) to block IQVIA’s acquisition of DeepIntent, a healthcare advertising company, on the grounds that it could harm competition. DeepIntent, owned by Propel Media, an advertising and digital media company, entered into a 2022 deal with US-based IQVIA to facilitate communication between … Read more

BlackRock, VanEck among asset managers to submit updated applications for bitcoin spot ETFs

BlackRock, VanEck among asset managers to submit updated applications for bitcoin spot ETFs

Asset managers hoping to be among the first to win approval to launch exchange-traded funds (ETFs) pegged to the spot price of bitcoin updated their filings with the Securities and Exchange Commission on Thursday and Friday, with market participants believing a decision from a regulatory body could be within reach. By late Friday afternoon, BlackRock … Read more

Nokia expects to miss full-year financial targets

Nokia expects to miss full-year financial targets

Finnish telecoms group Nokia said on Saturday it will miss its financial targets for this year because it cannot count on revenue from license renewal talks expected to continue for much of next year. Nokia said its full-year outlook calls for the completion of rolling license renewals at Nokia Technologies, its technology unit. The company … Read more

Roche buys part of LumiraDx diagnostic platform for $295 million

Roche buys part of LumiraDx diagnostic platform for $295 million

Swiss drugmaker Roche said Friday it has agreed to buy LumiraDx’s LumiraDx diagnostics platform for about $295 million. LumiraDx shares rose 20% to 76 cents in after-hours trading. The transaction is expected to be completed by mid-2024, after which the acquired segment will become part of Roche’s diagnostics unit, the drugmaker said. Under the terms … Read more