Remy Cointreau Keeps Outlook Even as US Cognac Sales Plunge
Remy Cointreau SA’s first-half profit missed analyst expectations amid a sharp decline in US demand for its pricey
1970-01-01 08:00
French Grocer Casino Gets Interest for Sale of Further Stores
Casino Guichard-Perrachon SA has received preliminary expressions of interest for some of its hypermarkets and supermarkets as the
1970-01-01 08:00
China’s Under-Developed CDS Market Worsens Real Estate Pain
After a major default, investor attention usually turns to the potential payout from credit default swaps, a type
1970-01-01 08:00
Remy Cointreau Slashes Guidance as US Sales Rebound Vanishes
Remy Cointreau SA cut its annual sales guidance, blaming weaker than expected US demand for its high-end spirits.
1970-01-01 08:00
Debt Market Titans See Fiscal Risks and Rising Defaults
Apollo Global Management Inc.’s James Zelter is “skeptical” of an economic soft landing. Ares Management LLC co-founder Michael
1970-01-01 08:00
Regional Banks Ready a Wave of Bond Issuance: Credit Weekly
Regional banks are poised to return to the debt markets in the biggest wave since June to meet
1970-01-01 08:00
The Energy Billionaire Who Stormed French Elite With M&A Barrage
Daniel Kretinsky likes things that others discard. The Czech billionaire has spent a decade assembling an empire stretching
1970-01-01 08:00
Diageo Revenue Growth Cools, Restrained by Weak US Demand
Diageo Plc’s sales growth cooled, especially in North America, after a post-pandemic boost wore off. Sales advanced 6.5%
1970-01-01 08:00
Wall Street Braces for the Great Loan Tightening: Credit Weekly
The great credit tightening is finally approaching on both sides of the Atlantic, if the latest surveys of
1970-01-01 08:00
Remy Cointreau Sales Drop 35% as US Cognac Demand Skids
Remy Cointreau SA said first quarter sales fell sharply, as expected, with US consumption of cognac dropping to
1970-01-01 08:00
Rising Consumer Pain Triggers Wall Street Concern: Credit Weekly
US consumers, particularly those with lower incomes, are running into financial trouble as pandemic savings disappear, a headwind
1970-01-01 08:00
A $500 Billion Corporate-Debt Storm Builds Over Global Economy
Richard Cooper’s phone is a something of an early alarm bell for the global economy. Lately, it’s been
1970-01-01 08:00