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HSBC's $3 bln China write down mars record annual profit

HSBC Holdings (HSBA.L), opens new tab reported a record annual profit, that nonetheless came in below analysts' forecasts as the income boost from higher interest rates was offset by a hefty $3 billion charge from its stake in a Chinese bank. HSBC, which has a market value of $160 billion, reported on Wednesday a pretax profit of $30.3 billion for 2023, up 78% from a year earlier but worse than a $34.1 billion broker estimate.
United Kingdom Mark Tucker China Bank Hsbc Holdings Hong Kong Listed Standard Chartered

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EQS-Adhoc: Ad-hoc: Heidelberg Materials decides on share buyback programme with a total amount of up to €1.2 billion - adhoc - Börsennachrichten

EQSAdhoc Heidelberg Materials AG Key word Share Buyback Adhoc Heidelberg Materials decides on share buyback programme with a total amount of up to €12 billion 21Feb2024 2001 CETCEST Disclosure of an
Baden Wüberg Christoph Beumelburg Group Communication Investor Relation Distribution Services Heidelberg Materials Managing Board

First Quantum Announces Comprehensive Refinancing Transactions As Part Of Its Balance Sheet Strengthening Initiatives

First Quantum Minerals Ltd. announces four balance sheet strengthening initiatives : $500 million copper prepayment agreement The amendment and extension of its $2.2 billion corporate bank facilities that revises the leverage covenant and extends... - Veroeffentlicht am 21.02.2024
Hong Kong United States United Kingdom Tristan Pascall Cobre Panam Goldman Sachs

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