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Search resuls for: "Eikon Refinitiv"


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Pavlo Gonchar | Sopa Images | Lightrocket | Getty ImagesSpirits were high when Dutch payments firm Adyen floated on the Amsterdam Stock Exchange in 2018. The company was riding a wave of growth in Europe's technology sector and snapping up competition from its mega U.S. rival PayPal. Since then, the company has weathered a turbulent ride, including a global pandemic that knocked volumes from travel clients significantly. Company shares plummeted 39% on Thursday, erasing 18 billion euros ($39 billion) from Adyen's market capitalization, as investors dumped the stock after the firm reported its slowest revenue growth on record. Adyen has typically been viewed as a growth stock, after consistently reporting revenue growth of 26% each half-year period since its 2018 stock market debut.
Persons: Pavlo Gonchar, Adyen, Pieter van der, Arnout Schuijff, Ethan Tandowsky, CNBC's, Tandowsky, EBITDA, Simon Taylor, Taylor Organizations: Amsterdam Stock Exchange, PayPal, Company, CNBC, Netflix, Meta, Spotify, Enterprise, Financial Locations: North America
Companies TotalEnergies SE FollowPARIS, July 27 (Reuters) - French oil company TotalEnergies (TTEF.PA) posted a drop in second-quarter net income on Thursday, reflecting lower natural gas prices and slimmer refining margins in Europe as energy markets calm. Adjusted net income fell to $5 billion compared with $6.5 billion in the first quarter, and $9.8 billion during the same period last year. Analysts had expected $5.2 billion in net income, according to a consensus established by Eikon Refinitiv. Total confirmed some $2 billion in share buybacks for the third quarter as expected. The company said European refining was impacted by higher Chinese exports and a quicker-than-expected reorganisation of Russian exports following an embargo on oil and oil products imposed by the European Union.
Persons: Eikon Refinitiv, America Hernandez, Silvia Aloisi, Jon Boyle Organizations: Analysts, European Union, Thomson Locations: PARIS, Europe, Ukraine
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