Isolde MacDonogh

4 days ago | bloomberg.com | Isolde MacDonogh

Der steigende Aktienkurs von Rheinmetall hat dem Panzer- und Munitionshersteller einen Platz im wichtigsten Aktienindex der Eurozone eingebracht. Der Rüstungskonzern wird ab dem 20. Juni den Gucci-Eigentümer Kering im Euro Stoxx 50 ersetzen, wie der Indexbetreiber Stoxx mitgeteilt hat. Damit wird Rheinmetall das einzige reine Verteidigungsunternehmen in dem Index sein, zu dem auch Safran und Airbus zählen.

4 days ago | bloomberg.com | Isolde MacDonogh

A Skynex air defense system at the Rheinmetall AG stand during the International Defence and Security Technologies Fair in Brno, Czech Republic, on May 28. (Bloomberg) -- Rheinmetall AG’s surging stock price has earned the tank and munitions maker a place in the euro area’s main stock benchmark. The German company will replace Gucci owner Kering SA in the Euro Stoxx 50 benchmark as of June 20, index compiler Stoxx Ltd. said in an emailed notification.

3 weeks ago | news.bloomberglaw.com | William Wilkes |Isolde MacDonogh

Daimler Truck Holding AG lowered its sales and profit guidance for the year, citing increasing economic uncertainty in North America due to trade tensions in the region. Changes to adjusted earnings before interest and tax this year are now expected to range from -5% to 5%, from 5% to 15% previously, the German truckmaker said late Tuesday. The company flagged weaker orders in North America and higher parts costs from tariffs.

3 weeks ago | bloomberg.com | William Wilkes |Isolde MacDonogh

Daimler Truck headquarters in Leinfelden-Echterdingen, Germany Photographer: Bernd Weissbrod/picture alliance/Getty Images(Bloomberg) -- Daimler Truck Holding AG lowered its sales and profit guidance for the year, citing increasing economic uncertainty in North America due to trade tensions in the region. Changes to adjusted earnings before interest and tax this year are now expected to range from -5% to 5%, from 5% to 15% previously, the German truckmaker said late Tuesday.

1 month ago | bloomberg.com | Jan-Patrick Barnert |Isolde MacDonogh |Sagarika Jaisinghani

The German Stock Market Index DAX after a vote to elect a new chancellor at the Bundestag at the Frankfurt Stock Exchange in Frankfurt, Germany, on May 6. (Bloomberg) -- The historic political upset in Germany is shaking investor confidence in a stock market that’s been priced for perfection.