Business

Vodafone sells Spain unit for up to 5.0 bn euros

British mobile phone giant Vodafone announced Tuesday the sale of its Spanish division to investment fund Zegona for up to 5.0 billion euros ($5.3 billion), as part of an ongoing overhaul.

Business

Spotify swings to profit as user numbers grow

Music streaming giant Spotify on Tuesday said it registered 26 percent growth in active users for the third quarter as it reported a rare quarterly profit.

Business

Philips raises outlook despite sleep machine saga

Dutch medical device maker Philips raised its 2023 earnings outlook on Monday after posting stronger third quarter sales and profits despite a recent setback for its sleep machines in the United States.

Business

Alibaba plans to list logistics arm in Hong Kong IPO

Chinese e-commerce giant Alibaba said Tuesday it intends to spin off its logistics arm Cainiao through an initial public offering in Hong Kong as the firm undergoes a massive restructuring.

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Stock

In the investment world, a share of stock (also referred to as equity share) represents a share of ownership in a corporation (company).

In the plural, stocks is often used as a synonym for shares especially in the United States, but it is less commonly used that way outside of North America.[1]

In the United Kingdom, South Africa, and Australia, stock can also refer to completely different financial instruments such as government bonds or, less commonly, to all kinds of marketable securities.[2]

This text uses material from Wikipedia, licensed under CC BY-SA