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Schroders Deal, EssilorLuxottica Up, Mercedes Down
Published 1 month ago
Description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Nuveen is buying Schroders Plc in a £9.9 billion ($13.5 billion) deal, creating one of the world’s largest active asset managers with nearly $2.5 trillion of assets.
- EssilorLuxottica SA reported an 18% surge in fourth-quarter sales, riding a boom in demand for AI-powered glasses that far surpassed analysts’ estimates.
- Mercedes-Benz Group AG warned that margins will remain under pressure this year amid tariffs and fierce competition in China.
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