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
2023-11-30 17:50
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
2023-11-27 16:17
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
2023-11-10 18:28
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.
2023-10-27 14:24
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
2023-09-24 03:56
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
2023-09-03 03:52
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
2023-08-24 12:52
Diageo Shares Rise as Distiller Passes Higher Costs to Customers
Diageo Plc shares rose after the world’s largest distiller said consumers remain resilient and that it’s been able
2023-08-01 15:49
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
2023-07-30 04:00
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
2023-07-25 13:46
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
2023-07-23 03:28
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
2023-07-19 07:27