Elisabeth Behrmann

Sep 29, 2024 | bloomberg.com | Elisabeth Behrmann

Aston Martin Lagonda Global Holdings Plc is lowering its prediction for the year with the sports-car maker blaming supply chain disruptions and weak demand in China. The manufacturer now sees annual sales about 1,000 vehicles lower than before, it said Monday. Adjusted earnings before interest, tax and amortization will be slightly below last year’s level and the carmaker no longer expects positive free cash flow during the second part of the year.

Sep 25, 2024 | financialpost.com | Elisabeth Behrmann

BASF SE will cut its dividend and is considering asset sales to counter higher energy prices and slowing demand in China. Author of the article:Bloomberg NewsElisabeth BehrmannPublished Sep 26, 2024  •  1 minute read You can save this article by registering for free here. Or sign-in if you have an account. The BASF SE chemical plant in Ludwigshafen.

Sep 25, 2024 | bloomberg.com | Elisabeth Behrmann

BASF SE is resetting its strategy, targeting lower dividend payments alongside future share buybacks in the region of €4 billion ($4.5 billion). Total payouts to shareholders will total €12 billion between next year and 2027, Europe’s biggest chemicals maker said Thursday. The company will pay a dividend of at least €2.25 per share, which compares with a level of €3.40 last year.

Sep 25, 2024 | finance.yahoo.com | Elisabeth Behrmann

Micron (MU) stock surged 14% after the bell Wednesday as the chipmaker forecast higher-than-expected revenue for the upcoming quarter. Micron projected first quarter revenues of $8.5 billion to $8.9 billion, above the $8.3 billion analysts anticipated. Company executives attributed the raised guidance to a more favorable pricing environment as well as robust demand for Micron's memory chips used in data centers to power artificial intelligence.

Sep 19, 2024 | bloomberg.com | Elisabeth Behrmann |Annika Reichelt |Alexander Kell |Rainer Buergin

Elisabeth Behrmann über unrealistische Ziele — Abonnieren Sie unseren Newsletter Fünf Themen des Tages und erhalten Sie sonntags das Hauptstadtgeflüster direkt in Ihre Mailbox. Es kriselt schon lange, jetzt spitzt sich die Lage zu: Europas Autohersteller sehen sich nicht in der Lage, die ab nächstem Jahr geltenden strengeren CO2-Ziele der EU zu erfüllen, heißt es in einer Abschlusserklärung nach einem Treffen der Brüsseler Lobbygruppe ACEA.