Deutsche Bank AG. DB:NYSE. Real Time Quote | Last NYSE Arca, VOL From CTA | USD. Extended Hours. Last Yield | AM EDT. %. Deutsche Bank AG is a German multinational investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed on the Frankfurt Stock Exchange and the New York Stock Exchange. The bank's network spans 58 countries. DB: Get the latest Deutsche Bank stock price and detailed information including DB news ++%. Official Close 2/12/ NYSE. Add to watchlist.
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Before , Expedia, which provides everything from airline tickets to hotel rooms, rental cars and cruises, had gone eight years without a revenue decline. But the travel industry was one of the worst hit as a result of the coronavirus and the global lockdowns, forcing Expedia and its peers to endure steep losses and eliminate thousands of jobs.
While the summer months seemed to offer a brief respite and saw people beginning to take tentative steps back into travel, the fall and winter saw a resurgence of infections, prompting a new wave of lockdowns and travel restrictions. This growth was generally limited to domestic travel.
While flights and business travel ground to a halt and hotels shuttered, demand increased for regional vacations and work-from-home getaways. People have been booking on Vrbo further out, reversing a pandemic trend of last minute decisions and signaling consumer confidence, Chief Financial Officer Eric Hart said. Also this year, Expedia should start to benefit from painful restructuring measures it took last year, including eliminating 3, jobs.
The cost-cutting effort may help the company moving into the second half, said Bloomberg Intelligence analyst Matthew Martino. In the U. Updates with CEO comments from interview For more articles like this, please visit us at bloomberg.
Bloomberg Deutsche Bank Ditches Debt Sale for German Opioid-Maker Bloomberg -- Deutsche Bank AG has scrapped its plan to sell hundreds of millions of euros of debt for German pharmaceutical company Gruenenthal GmbH due to a lack of interest from investors, according to people familiar with the matter. Deutsche Bank had approached potential investors to gauge interest for the financing but failed to attract sufficient demand to sell the deal, the people said.
Fund managers are cautious about taking exposure to a company that makes opioid products due to the risk these products carry of addiction and abuse, they added. Gruenenthal has agreed instead to extend a million-euro term loan facility with its bank lenders, it said in a statement on Friday. The debt extension was agreed following its acquisition of the European rights of Crestor, a treatment to lower cholesterol, in February, the company said.
A spokesperson for Deutsche Bank declined to comment. A company spokesperson did not respond to a request for comment. Investors acknowledge that pain medication has important social benefits, but some are wary of the sector as a whole having seen litigation and bankruptcy cases among drugmakers in the U.
Gruenenthal on Feb. The affected batches hold solutions with 20mg and 4mg of the drug, dosages meant for children. Gruenenthal generated Adds details of new debt agreement in fourth paragraph, Palexia recall in ninth For more articles like this, please visit us at bloomberg.
Reuters Analysis: Merkel's vote of confidence in Deutsche Bank belies lender's problems Angela Merkel will give a welcome speech at Deutsche Bank's annual New Year reception on Thursday, marking a rare appearance by the German chancellor at an event by a bank that for years has been battling losses and scandals.
Merkel will be speaking just a week after the lender reported its first annual profit since , an important milestone in CEO Christian Sewing's efforts to revive Deutsche's fortunes. They applaud Sewing for cutting costs but question the bank's ability to generate income after revenue in all its core businesses fell last year apart from the investment bank.Fund managers are cautious about taking exposure to a company that makes opioid products due to the risk these products carry of addiction and abuse, they added. Sources: CoinDesk BitcoinKraken deutsche bank stock nyse other ok regional food bank Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. But the travel industry was one of the worst hit as a result of the coronavirus and the global lockdowns, forcing Expedia and its peers to endure steep losses and eliminate deutsche bank stock nyse of jobs. Merkel will be speaking just a week after the lender reported its first annual profit sincean important milestone in CEO Christian Sewing's efforts to revive Deutsche's fortunes. International stock quotes are delayed as per exchange requirements. Source: Kantar Media. All rights reserved.