Ferrexpo declares special dividend as profit rises
Ferrexpo PLC on Wednesday posted an improved profit for 2020 and proposed a further special interim dividend.
Ferrexpo PLC on Wednesday posted an improved profit for 2020 and proposed a further special interim dividend.
Shares of Coupa Software Inc. COUP, -6.23% rallied nearly 10% in the extended session Tuesday after the company swung to a surprise adjusted profit in its fiscal fourth quarter and reported quarterly sales above Wall Street expectations. Coupa said it lost $61.4 million, or 85 cents a share, in the quarter, compared with a loss of $24.1 million, or 38 cents a share, for the same period last year.
Pandemic public health restrictions are the biggest hurdle to getting young customers back through the door, according to BTIG data
Ford Motor Co. F, -3.83% announced Tuesday plans to offer $2 billion in convertible senior notes due 2026, in a private placement to qualified institutional buyers. The automobile maker’s stock fell 0.8% in premarket trading. The notes will be converted to cash, Ford stock or a combination of both, at Ford’s election. The initial conversion rate of the notes have not yet been determined.
Adidas AG ADS, -0.65% announced a partnership with fitness company Peloton Interactive Inc. PTON, 0.04% during its investor event. Adidas gave no further detail about the alliance, except to say that more detail would come on March 18. “We’re going to be very specific of what’s coming out,” said Kasper Bo Rørsted, chief executive of Adidas, during the event, according to FactSet. “[I]t’s taken really into the context of our expansion of our training business and our focus also on women.”
Gold futures edged higher Tuesday, clinging to a gain after a weaker-than-expected reading on U.S. February retail sales, finding support ahead of a two-day Federal Reserve meeting that’s expected to see policy makers reiterate a hawkish stance.
Coca-Cola KO, 0.53% was started at buy at U.K. broker Redburn with a $65 price target, which said the beverage giant offers exposure to the brand owner and the bottling system, which is an outsourced production model of around 225 bottlers.
Next stop $100,000?
SkinBioTherapeutics PLC shares rose Monday after it posted a narrowed pretax loss for the first half of fiscal 2021 and said that it hopes to launch a product by the end of the calendar year.
Digital-payments company to invest in its European operations