
Rolls-Royce Shares Surge After Upgrading Full-Year Profit and Cash Flow Guidance
The British engineering firm beat first-half profit and revenue forecasts and materially raised its full-year guidance, citing strong performance across all divisions.

The British engineering firm beat first-half profit and revenue forecasts and materially raised its full-year guidance, citing strong performance across all divisions.

The German automaker is recalling several popular models due to a faulty door lock switch that could prevent the auto-park brake from engaging, according to a filing with the U.S. National Highway Traffic Safety Administration.

Shares in Belgian biopharma UCB fell over 8% as investors looked past a headline earnings beat, focusing instead on a one-time accounting gain and mounting pressure on key drug revenues.

Rentokil Initial stock plummeted after the company's first-half results revealed a deceleration in organic growth in its key North American market, overshadowing a beat on overall revenue and profit.

Heidelberg Materials saw its stock decline after the German building materials firm lowered the upper end of its full-year profit forecast, citing rising energy costs, which overshadowed solid second-quarter results.

Indonesia's benchmark stock index closed higher on Thursday, driven by broad-based gains across the financial, infrastructure, and agriculture sectors. The advance occurred even as the Indonesian rupiah weakened against the U.S. dollar.

The financial markets platform has launched Vision AI, a new feature for its InvestingPro service that uses artificial intelligence to perform technical analysis on financial asset charts.

Shares in the German software group fell sharply after its second-quarter results revealed a decline in operating margin due to acquisition-related currency effects, disappointing investors despite a revenue beat.

The energy engineering firm's shares fell sharply after it reported Q2 results far below analyst expectations and lowered its full-year forecast for the second consecutive quarter, citing challenges in the Middle East.