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Societe Generale Rises, Rolls-Royce Record, AB InBev Slumps

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Manage episode 497522844 series 3654950
Content provided by iHeartPodcasts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by iHeartPodcasts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

On this episode of Stock Movers:
- Societe Generale shares hit their highest since the financial crisis after the French bank said it would boost investor payouts while lifting its profitability guidance.
- Rolls-Royce shares rise as much as 12%, hitting a record high, after the aero engine maker increased guidance for the year by more than analysts expected. Strong margin performances in the civil aerospace and power systems divisions drew particular attention.
- AB InBev shares dropped the most in five years after the company sold less beer than expected during the second quarter, with a downturn in consumer spending in Brazil and China dragging on sales.

See omnystudio.com/listener for privacy information.

  continue reading

693 episodes

Artwork
iconShare
 
Manage episode 497522844 series 3654950
Content provided by iHeartPodcasts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by iHeartPodcasts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

On this episode of Stock Movers:
- Societe Generale shares hit their highest since the financial crisis after the French bank said it would boost investor payouts while lifting its profitability guidance.
- Rolls-Royce shares rise as much as 12%, hitting a record high, after the aero engine maker increased guidance for the year by more than analysts expected. Strong margin performances in the civil aerospace and power systems divisions drew particular attention.
- AB InBev shares dropped the most in five years after the company sold less beer than expected during the second quarter, with a downturn in consumer spending in Brazil and China dragging on sales.

See omnystudio.com/listener for privacy information.

  continue reading

693 episodes

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