MINISO Group ( MNSO ) chief executive officer Guofu Ye plans to increase his stake in the company. The purchases will total at least HK$50M (~US$6.4M) over the next 12 months. Transactions will be funded personally by Guofu Ye or through his controlled entities. More on MINISO Group Holding Miniso: Why A Rebound Could Be In The Pipeline MINISO Group Holding Limited (MNSO) Q4 2025 Earnings Call Tra...
MINISO Group ( MNSO ) chief executive officer Guofu Ye plans to increase his stake in the company. The purchases will total at least HK$50M (~US$6.4M) over the next 12 months. Transactions will be funded personally by Guofu Ye or through his controlled entities. More on MINISO Group Holding Miniso: Why A Rebound Could Be In The Pipeline MINISO Group Holding Limited (MNSO) Q4 2025 Earnings Call Transcript MINISO Group Holding Limited 2025 Q4 - Results - Earnings Call Presentation MINISO Group beats Q4 street view MINISO Group Holding Q4 2025 Earnings Preview
The S&P Global U.S. Composite PMI index came in at 52.0 in April, vs. 50.5 consensus and 50.3 recorded in March, according to preliminary data released by S&P Global on Thursday. The April reading is a three-month high for the index. Business activity growth recovered slightly after slowing to a near-stagnation in March, following the outbreak of the Middle East war. Manufacturing PMI stood at 54....
The S&P Global U.S. Composite PMI index came in at 52.0 in April, vs. 50.5 consensus and 50.3 recorded in March, according to preliminary data released by S&P Global on Thursday. The April reading is a three-month high for the index. Business activity growth recovered slightly after slowing to a near-stagnation in March, following the outbreak of the Middle East war. Manufacturing PMI stood at 54.0, compared to the 52.5 consensus and 52.3 prior. Services PMI was 51.3, against the 50.0 consensus and 49.8 prior. "Over the past three months, we have seen the weakest expansion of output recorded since the start of 2024, with the war in the Middle East squarely to blame," noted Chris Williamson, chief business economist at S&P Global Market Intelligence. "The April PMI is broadly consistent with the economy struggling to manage annualized growth in excess of 1%, with the vast service sector acting as the principal drag," said Williamson. "There was better news from manufacturing, but here an expansion of output and orders could be partly traced to the building of safety stocks, with survey respondents reporting 'panic' and 'emergency' buying ahead of price hikes and supply shortages in echoes of the problems seen during the pandemic," said Williamson. More on U.S. Economy Bullish sentiment jumps, bearish views retreat as optimism returns, shows latest AAII survey Chicago Fed National Activity Index slumps in March Initial jobless claims rise slightly more than expected; still a low-fire labor market
Higher fuel prices due to the war in Iran are weighing on American Airlines. The carrier lowered its full-year earnings target even after beating on earnings for the quarter. Bloomberg's Siddharth Phillip reports. (Source: Bloomberg)
Higher fuel prices due to the war in Iran are weighing on American Airlines. The carrier lowered its full-year earnings target even after beating on earnings for the quarter. Bloomberg's Siddharth Phillip reports. (Source: Bloomberg)
Essity AB (publ) ( ETTYF ): Q1 GAAP EPS of SEK4.70. Revenue of SEK33.17M. More on Essity AB (publ) Essity AB (publ) (ETTYF) Q1 2026 Earnings Call Transcript Essity AB (publ) (ETTYF) Presents at UBS Global Consumer and Retail Conference - Slideshow Essity AB (publ) (ETTYF) Presents at UBS Global Consumer and Retail Conference Transcript Essity CEO says incontinence, cost cuts, North America expansi...
Essity AB (publ) ( ETTYF ): Q1 GAAP EPS of SEK4.70. Revenue of SEK33.17M. More on Essity AB (publ) Essity AB (publ) (ETTYF) Q1 2026 Earnings Call Transcript Essity AB (publ) (ETTYF) Presents at UBS Global Consumer and Retail Conference - Slideshow Essity AB (publ) (ETTYF) Presents at UBS Global Consumer and Retail Conference Transcript Essity CEO says incontinence, cost cuts, North America expansion can drive profit growth Historical earnings data for Essity AB (publ)
A dump truck operates at a lithium mining site in the Sandawana area of Mberengwa, Zimbabwe. Photo: IC Global lithium prices are poised for a volatile upward trend in 2026, driven by surging demand for energy storage systems and supply disruptions in major producing regions like Zimbabwe and China. On Thursday, China's main domestic lithium carbonate futures contract closed at 174,000 yuan ($25,46...
A dump truck operates at a lithium mining site in the Sandawana area of Mberengwa, Zimbabwe. Photo: IC Global lithium prices are poised for a volatile upward trend in 2026, driven by surging demand for energy storage systems and supply disruptions in major producing regions like Zimbabwe and China. On Thursday, China's main domestic lithium carbonate futures contract closed at 174,000 yuan ($25,466) a ton, up about 32% since the beginning of the year after geopolitical tensions and trade policy shifts triggered earlier waves of volatility.
French payments firm Ingenico , backed by Apollo Global Management , has started debt talks with creditors as it struggles to keep up with its interest bill. The company is working with Rothschild as a financial adviser, according to people familiar with the matter. Holders of the firm’s €1.1 billion ($1.3 billion) term loans, led by Pacific Investment Management Co. , are being advised by investm...
French payments firm Ingenico , backed by Apollo Global Management , has started debt talks with creditors as it struggles to keep up with its interest bill. The company is working with Rothschild as a financial adviser, according to people familiar with the matter. Holders of the firm’s €1.1 billion ($1.3 billion) term loans, led by Pacific Investment Management Co. , are being advised by investment bank Houlihan Lokey and law firm Gibson Dunn , said the people, who asked not to be identified discussing private matters. Ingenico has been grappling with rising competition in the global point-of-sale terminal market. As earnings have come under pressure, the company’s annual interest bill on its debt pile has become “increasingly untenable,” according to Moody’s Ratings, which downgraded its credit score in February to eight steps below junk. Moody’s analysts calculated interest costs at around €100 million per year, leading Ingenico to continue to burn around €60 to €70 million of cash per year. On top of the term loans, Ingenico’s debt structure also includes a revolving credit facility of up to €278 million, although this is only partially drawn, according to data compiled by Bloomberg. Those lenders have been working with lawyer Freshfields , some of the people said. Ingenico, Apollo, Pimco, Rothschild and Houlihan Lokey declined to comment, while Gibson Dunn and Freshfields didn’t respond to requests for comment. Apollo purchased a majority stake in Ingenico in 2022 from Worldline SA . At the time, banks were struggling to offload junk-rated debt in public markets, so Pimco swooped in and snapped up more than €1 billion of term loans at a discount. That facility was refinanced in early 2024, with the proceeds also used to fund a dividend. Following that transaction, Pimco — which made about $150 million in profit from the 2022 bet — opted to stay involved in the new term loans.
Banks are preparing to sell €1.5 billion ($1.75 billion) of debt financing backing Lone Star Funds ’ acquisition of Lonza Group AG ’s capsules and health ingredients business. Goldman Sachs Group Inc. and Jefferies Financial Group Inc. , the lenders leading the transaction, are currently sounding out appetite among a select group of investors, according to people familiar with the matter. The fina...
Banks are preparing to sell €1.5 billion ($1.75 billion) of debt financing backing Lone Star Funds ’ acquisition of Lonza Group AG ’s capsules and health ingredients business. Goldman Sachs Group Inc. and Jefferies Financial Group Inc. , the lenders leading the transaction, are currently sounding out appetite among a select group of investors, according to people familiar with the matter. The financing is then expected to launch for general syndication this quarter, they added, asking not to be identified because the deal is private. Europe’s leveraged finance market is gradually starting to reopen , after weeks of virtual standstill amid the volatility caused by the conflict in the Middle East. The debt backing the buyout of Lonza — a manufacturer for the pharmaceutical and biotech sector — should attract significant lender interest. Industrial or tangible assets are increasingly appealing to investors unnerved by AI’s disruptive effect on the software businesses that borrow heavily in the junk debt market. Read more: Private Capital Turns to Old Economy as Software Trade Dims Lonza’s financing will comprise around €1 billion of leveraged loans and about €500 million of fixed-rate high yield bonds, targeting the distinct investor bases behind both asset classes, the people said. Lone Star Funds agreed to acquire the business in a deal valued at 2.3 billion Swiss francs ($2.9 billion) last month. Lonza will receive 1.7 billion Swiss francs upfront and retain a 40% stake in the capsules and health ingredients unit, according to a statement . Some 11 banks are on the financing including UBS Group AG , BBVA SA and BNP Paribas SA , the people said, as lenders line up to underwrite M&A in order to pocket some of the most lucrative fees in investment banking. Bank groups are growing larger as private equity firms try to spread the wealth on profitable new deals, rewarding lenders who spent years grinding through the low-margin, unglamorous grunt work of refinancings and r...
AerialPerspective Works Honda Motor ( HMC ) plans to stop selling automobiles in South Korea at the end of 2026 as it looks to focus resources on core areas of strength. "In light of changes in the environment surrounding the global and South Korean automobile markets, and after thorough consideration from the perspective of concentrating corporate resources to strengthen its mid- to long-term com...
AerialPerspective Works Honda Motor ( HMC ) plans to stop selling automobiles in South Korea at the end of 2026 as it looks to focus resources on core areas of strength. "In light of changes in the environment surrounding the global and South Korean automobile markets, and after thorough consideration from the perspective of concentrating corporate resources to strengthen its mid- to long-term competitiveness, Honda decided to discontinue its automobile sales operations in South Korea," read a company statement. Honda ( HMC ) will continue to provide after-sales services, including vehicle servicing and maintenance, parts supply, and warranty support, to customers in the South Korean market. Looking back, the Japanese company has been selling motorcycles in the South Korean market since 2002 and automobiles since 2004 through Honda Korea, which is a sales subsidiary headquartered in Seoul. More on Honda Motor Honda Motor: Dead Money Honda Motor Co., Ltd. (HMC) Q4 2026 Press Conference Call Transcript Honda Motor Co., Ltd. (HMC) Q4 2026 Guidance/Update Call - Slideshow Sony and Honda plan to keep their joint venture going even after the EV plans were canceled Auto demand remains solid amid geopolitical headwinds, buoyed by higher-income buyers
The Nasdaq Composite (^IXIC) is under pressure this morning after closing at a record high Wednesday, with index futures slipping. Traders are digesting a wave of earnings, a tick higher in jobless claims, and a complicated reaction to Tesla’s post-close report. Over the past five trading sessions, the Nasdaq Composite (^IXIC) has tacked on 2% ... Nasdaq Composite Succumbs to Selling Pressure amid...
The Nasdaq Composite (^IXIC) is under pressure this morning after closing at a record high Wednesday, with index futures slipping. Traders are digesting a wave of earnings, a tick higher in jobless claims, and a complicated reaction to Tesla’s post-close report. Over the past five trading sessions, the Nasdaq Composite (^IXIC) has tacked on 2% ... Nasdaq Composite Succumbs to Selling Pressure amid Netflix and Tesla Tug-of-War
designer491 U.S. initial jobless claims remained relatively stable in the latest weekly report, with seasonally adjusted filings edging up to 214K for the week ended April 18. However, the state-level data revealed a more concentrated picture. Advance claims totaled 205,306, with nearly half originating from just five states. California led with 40,923 filings, followed by New York at 21,546, Texa...
designer491 U.S. initial jobless claims remained relatively stable in the latest weekly report, with seasonally adjusted filings edging up to 214K for the week ended April 18. However, the state-level data revealed a more concentrated picture. Advance claims totaled 205,306, with nearly half originating from just five states. California led with 40,923 filings, followed by New York at 21,546, Texas at 15,994, Pennsylvania at 10,941 and New Jersey at 8,278. The geographic distribution suggests labor market stress is appearing in pockets rather than spreading evenly across the country. The U.S.'s largest employment centers are experiencing outsized weakness, while smaller states show more resilience. U.S. Department of Labor More on the U.S. Economy Not All 'Safe' Assets Are Safe: Rethinking Treasury ETFs In A High-Deficit World SPX Options Positioning Reverses As FOMO Sets In Don't Confuse Market Confidence With Complacency Fed chair nominee Warsh's inflation strategy could backfire - BofA Warsh pooh-poohs forward guidance, while giving it - Wells Fargo