Shell Dips, Siemens Healthineers Down, Campari Plunges
On this episode of Stock Movers:- Shell said its profit surged in the first quarter as the Iran war drove oil and gas prices higher and the conflict caused a increase in volatility that boosted its big trading business. However, the oil major cut its quarterly share buyback to $3 billion from $3.5 billion.- Siemens Healthineers pared back its outlook for revenue growth, blaming a cost-cutting push by the Chinese government for hurting sales in its diagnostics unit.- Davide Campari-Milano shares fall as much as 11%, the most since October 2024, after the Italian spirits maker reported…
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