To The Moon

Shares in Lanxess fell after the German specialty-chemicals company revised its full-year outlook and posted weaker-than-expected results for its operating segments.Lanxess reported adjusted earnings before interest, taxes, depreciation, and amortization of 125 million euros , in line with analysts' expectations.Shares were 11% lower at 17.32 euros in European morning trade Thursday.The result was propped up by the Others line and one-time bonus reversals, not by the underlying operations, Citi analysts said in a research note. All operating segments missed consensus expectations, the analysts said.The company said it now expects full-year adjusted Ebitda to be at the low end of a range of between 520 million and 580 million euros. Consensus expects Ebitda at 522 million euros and achieving the new target requires less seasonality than usual, which could be challenging, the analysts added.

$Western Union(WU)$ today, we're diving into an intriguing company. If you appreciate the payment processing tollbooth model of giants like Visa and MasterCard, then Western Union might pique your interest. Western Union is a cash processing company undergoing a digital transformation, particularly in regions like the Middle East and Africa. Did you know there are more Western Union locations worldwide than McDonald's outlets in the U.S.? Recently, they appointed a new CEO, a fintech veteran from Fiserv, to revitalize the company. In this article, we'll explore Western Union's business model, financials, and valuation. We'll also discuss the bull and bear cases for the company and, by the end, decide whether it’s worth investing in. Business Model W

$Lanxess Ag(LNXSF)$ https://lanxess.com/en/media/press-releases/2022/09/rely-on-virkon-from-lanxess-effective-against-monkeypox-virus

Up-and-coming Chinese EV maker NIO’s stock is falling after announcing a proposed total of $1 billion in convertible senior notes on Monday.