ABB will launch its new share buyback program of up to $1.5 billion on February 10, which would be up to around 27.6 million ...

CFO Patrick Jany reported a strong Q4 finish, with an EBITDA of $3.6 billion and EBIT of $2.1 billion. Free cash flow for the quarter reached $2.2 billion, supported by favorable working capital ...

A. P. Moller-Maersk A/S, a bellwether for world trade, forecast growth in the global container market in the face of an intensifying trade war. The global container market will expand 4% this year, ...

The latest Market Talks covering the Auto and Transport sector. Published exclusively on Dow Jones Newswires at 4:20 ET, ...

SEB Equities analyst Ulrik Bak downgraded AP Moller Maersk (AMKBY) to Hold from Buy with a DKK 12,500 price target Maximize Your Portfolio with ...

Markel Group executed $573 million in share repurchases in 2024 and authorized an additional $2 billion for future repurchases.

News Corporation, with a current market capitalization of $17.18 billion, disclosed ongoing transactions under its stock repurchase program, which authorizes the company to buy back up to $1 billion ...

Following their third-best year ever in 2024, Maersk's balance sheet is in good shape, boasting a net debt/EBITDA ratio of close to zero despite significant capital expenditures and acquisitions over ...

S&P 500 futures pared an early gain fueled by Treasury Secretary Scott Bessent’s comment that the Trump administration is ...

Logistics & Services demonstrated resilience in 2024 with momentum building steadily each quarter culminating in volume growth, higher revenue and improved EBIT margin compared to 2023. Revenue grew 7 ...

Maersk on Thursday said it expects to grow its business to track an expected 4% growth in global container shipping this year ...

Prince Mohammed bin Salman bin Abdulaziz Al Saud, Saudi Crown Prince and Prime Minister, has designated “King Salman ...