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Schindler Holding AG Bearer Participation Certificates (OTCPK:SHLAF) Q2 2024 Earnings Conference Call July 19, 2024 4:00 AM ET Company Participants Lars Brorson – Head of Investor RelationsSilvio Napoli – Chairman and Chief Executive OfficerPaolo Compagna – Chief Operating OfficerCarla De Geyseleer – Chief Financial Officer Conference Call Participants Klas Bergelind – CitiDaniela Costa – Goldman SachsMartin Husler – ZKBAndre Kukhnin – UBSJames Moore – Redburn AtlanticElliot Robinson – Bank of AmericaMiguel Borrega – BNP ParibasJohn Kim – Deutsche BankAndre Kukhnin – UBSNick Housden – RBCPeter Manuel – Helvetische Bank Operator Ladies and gentlemen, welcome to the Schindler Conference Call on…
Stay informed with free updatesSimply sign up to the Pharmaceuticals sector myFT Digest — delivered directly to your inbox.Diabetes device maker Embecta has hired advisers to explore a possible sale, following two years of lacklustre share price performance after the medical technology business was spun out of health tech giant Becton Dickinson.Embecta, which is the world’s largest maker of disposable insulin pen needles and syringes for diabetics, tapped advisers from Centerview Partners in recent months to guide a possible sale of the business, according to two people familiar with the matter. The medtech business, which sells about 8bn syringes and…
US Secretary of State Antony Blinken on Friday said that Iran’s breakout time – the amount of time needed to produce enough weapons grade material for a nuclear weapon – “is now probably one or two weeks” as Tehran has continued to develop its nuclear program. The assessment marks the shortest breakout time that US officials have ever referenced and comes as Iran has taken steps in recent months to boost its production of fissile material. “Where we are now is not in a good place,” the top US diplomat said at the Aspen Security Forum Friday. “Iran, because the…
The IRS has issued more guidance on the required minimum distribution (RMD) rules—this time in the form of final regulations. The final regulations offer some clarity on the withdrawal and eligibility requirements for inherited IRAs. RMDs By law, you are required to withdraw funds from your retirement account each year after you reach age 73 (climbing to 75 in 2033). That amount is referred to as a required minimum distribution, or RMD. Typically, the amount you’re required to withdraw is figured each year by dividing your previous end-of-year account balance by your life expectancy. You’ll find your life expectancy factor…
Mortgage and rental costs are shifting throughout the country, with some parts of the country paying astronomical rent costs and others facing steep monthly mortgage payments. In certain cities in the Bay Area, for example, owning a home costs at least $2,000 more than renting, a Smart Asset study found. Homeowners in New Jersey also often pay more than twice as much as renters.However, some renters in cities in Arizona and Florida often pay a few hundred dollars more for rent than on a mortgage. If you’re looking to purchase a home in today’s market, you can explore your mortgage…
Check out the companies making headlines in midday trading. CrowdStrike – The stock fell more than 11% after an update by the cybersecurity firm caused a major IT outage that affected airlines, hospitals, financial services firms and other businesses . Shares of Microsoft moved nearly 1% lower following the news that many Microsoft users around the world were hit with an error screen called the “blue screen of death.” The outage also sent shares of CrowdStrike rivals SentinelOne and Palo Alto Networks higher, with the stocks gaining nearly 8% and more than 2%, respectively. Plug Power – Shares of the…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: After slightly lower opens, the S & P 500 and Nasdaq Composite were firmly in the red in Friday afternoon trading and on pace for a third straight day of declines. The Dow Jones Industrial Average also fell Friday. Much of the week was dominated by the market rotation out of 2024 technology winners into small caps and value stocks. But what we have Friday is a more typical down…
The brownish, once-polluted River Seine in Paris isn’t the glitziest or most glamorous, especially in a city filled with iconic landmarks. But for Chase, it’s hoping the waterway will be a showstopper. At the 2024 Summer Olympics, which officially starts next Friday in the French capital, the bank, along with credit card company Visa, is debuting a floating lounge exclusively for holders of its pricey Chase Sapphire Reserve card. It’s just a small sliver of what companies are doing in their takeover during the two-week sporting spectacular. Paris 2024 organizers are expected to bring in about $1.3 billion in sponsorship…
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