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Themuslimchronicle, themuslimchronicle
Sunday 20 April 2025
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle

Euronext

Microsoft tops forecasts with 16% profit growth

Themuslimchronicle, themuslimchronicleMicrosoft tops forecasts with 16% profit growth281777/202
Washington - AFP
Microsoft (Euronext: MSF.NX - news) on Thursday delivered stronger-than-expected earnings for the past quarter, lifted by gains in cloud computing and other business services. For its first fiscal quarter to September 30, the tech giant said profit was up 16 percent from a year ago to $6.6 billion. Revenue meanwhile rose 12 percent to $24.5 billion for the one-time techRead more

Euronext's core profit stable on lower costs

Themuslimchronicle, themuslimchronicleEuronext's core profit stable on lower costs240644/84
Frankfurt - Arab Today
Euronext said its full-year core earnings stood stable, as the pan-European exchange group's reduced costs offset a drop in listing and trading volumes that it blamed on uncertainty following Britain's vote to leave the European Union. The bourse operator said total capital raised in primary activity fell to 3.73 billion euros ($3.95 billion) from 28 new listings, against 12.40 billionRead more

Euronext says profits up despite difficult environment

Themuslimchronicle, themuslimchronicleEuronext says profits up despite difficult environment240397/84
Paris - AFP
European stock market operator Euronext said Wednesday that cost-cutting enabled it to lift profits last year despite market volatility triggered by Brexit and the US elections. Euronext, which operates the Paris, Amsterdam, Brussels and Lisbon stock exchanges, said in a statement that bottom-line net profit grew by 14.1 percent to 197 million euros ($208 million) in 2016, despite a 4.3-percentRead more

LSE agrees clearing house sale for Deutsche Boerse merger

Themuslimchronicle, themuslimchronicleLSE agrees clearing house sale for Deutsche Boerse merger227553/318
London - Arab Today
The London Stock Exchange said Tuesday it has agreed to offload the French arm of clearing house LCH to European rival Euronext as it seeks a merger with Deutsche Boerse. LSE Group said a cash deal worth 510 million euros ($534 million) had been struck with Euronext, adding in a statement that the proposed sale "would be subject to reviewRead more

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