Rheinmetall AG (RHM.DE)
| Previous Close | 515.40 |
| Open | 519.40 |
| Bid | 512.80 x 26700 |
| Ask | 513.40 x 4500 |
| Day's Range | 511.80 - 523.80 |
| 52 Week Range | 226.50 - 571.80 |
| Volume | |
| Avg. Volume | 440,572 |
| Market Cap | 22.291B |
| Beta (5Y Monthly) | 0.73 |
| PE Ratio (TTM) | 39.83 |
| EPS (TTM) | 12.89 |
| Earnings Date | Aug 08, 2024 |
| Forward Dividend & Yield | 5.70 (1.11%) |
| Ex-Dividend Date | May 15, 2024 |
| 1y Target Est | 566.60 |
- Reuters
UPDATE 1-European shares limp ahead of US data, Powell remarks; Delivery Hero spikes
European shares were subdued on Tuesday as investors braced for a key U.S. inflation data and Federal Reserve Chair Jerome Powell's remarks due later in the day, while Delivery Hero jumped on the sale of its Taiwan foodpanda business to Uber. After strong gains last week, investors are at bay for two days now ahead of the U.S. producer prices inflation data and Powell's remarks, one day prior to the market-moving consumer prices inflation data, for clues on the Fed's interest rate-cut outlook.
- Reuters
European shares muted ahead of US inflation, Powell remarks; Delivery Hero spikes
European shares were subdued on Tuesday as investors braced for key U.S. inflation data and Federal Reserve Chair Jerome Powell's remarks due later in the day, while Delivery Hero jumped on the sale of its Taiwan foodpanda business to Uber. The pan-European STOXX 600 was unchanged as of 0717 GMT. On the day's agenda are U.S. producer prices inflation data and Powell's remarks, ahead of the market-moving consumer prices inflation data on Wednesday, as investors try to assess the Fed's interest rate cut outlook.
ReutersRheinmetall suggests European arms consortium with eye on global role
DUESSELDORF (Reuters) -Rheinmetall floated the idea of a European arms consortium to better compete with U.S. rivals as the German defence group set out its global ambitions in a booming industry. The company, a major beneficiary of rising defence spending since Russia's full-scale invasion of Ukraine in 2022, is forecasting record revenue of more than 10 billion euros ($11 billion) this year and its order book to reach 60 billion euros. "We want to become a worldwide player and we can currently do that on our own thanks to our good cash flow," CEO Armin Papperger told a gathering of the WPV business reporters association in Duesseldorf late on Thursday.
