European stocks slip as mixed earnings offset M&A cheer [Yahoo! Finance]
STMicroelectronics N.V. (STM)
Last stmicroelectronics n.v. earnings: 4/22 01:00 am
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Source: Yahoo! Finance
April 25 (Reuters) - European stocks slipped on Thursday following mixed earnings from blue-chip companies such as Nestle and Deutsche Bank, while big M&A news in the mining sector powered Britain's FTSE 100 to fresh highs. The pan-European STOXX 600 index dipped 0.24% by 0745 GMT, hurt by losses in food and beverage and industrial good sectors. Tech stocks came under pressure after an underwhelming revenue outlook from U.S. social media giant Meta Platforms overnight. STMicroelectronics dropped 2.9% after the chipmaker lowered its full-year sales guidance. Dutch chipmaking parts supplier BE Semiconductor also dropped nearly 3% after it missed first-quarter order expectations. Nestle dropped 4% after the world's biggest packaged food company missed first-quarter organic sales growth estimates. Deutsche Bank slipped 0.7% while BNP Paribas edged up after the euro zone's biggest lenders posted upbeat first-quarter profits. Britain's FTSE 100 touched a record high as miner An
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News
- Silicon Carbide Market Size to Worth USD 11.29 Billion by 2033 [Yahoo! Finance]Yahoo! Finance
- Power Management Integrated Circuit Market is Poised to Reach USD 54.69 Billion By 2032: Astute Analytica [Yahoo! Finance]Yahoo! Finance
- Global Silicon Carbide Market Analysis and Outlook 2024-2029: Growing Deployment of SiC Devices in EVs Driving the Market [Yahoo! Finance]Yahoo! Finance
- STMicroelectronics Announces Status of Common Share Repurchase ProgramGlobeNewswire
- STMicroelectronics (NYSE: STM) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
STM
Earnings
- 4/25/24 - Miss
STM
Sec Filings
- 5/3/24 - Form 6-K
- 4/29/24 - Form 6-K
- 4/25/24 - Form 6-K
- STM's page on the SEC website