The TRADE

OCTOBER 19, 2023

GAM Holding has confirmed its first steps in the turnaround plan for the business, aiming to return the company to profitability following a turbulent period. GAM has already made several new appointments in recent weeks in a bid to grow the business and increase profits, including changes to the group management board.

Profitability 57

Profitability Shares Portfolio Management Asset Management 57

CNBC: Investing

OCTOBER 2, 2023

The higher-for-longer interest rate regime poses a direct threat to company profitability, but some stocks are a lot less vulnerable, according to Goldman.

Stock 110

Stock Profitability 110

Software Equity Group

NOVEMBER 13, 2023

In 2022, investors and buyers were keenly focused on gross revenue retention (GRR) and gross profit margin (GPM) as top metrics to target. Gross Revenue Retention & Gross Profit Margin: The Slight Shift As of this blog’s update, we have published our 2023 State of SaaS M&A: Buyers’ Perspectives Report.

Profitability 52

Profitability Private Equity Investors Equities 52

Business Standard - FInance

JUNE 21, 2023

Equity Mutual Fund investing is strictly meant for your long-term goals, so it makes little sense to try and time your exits and entries or to repeatedly "book profits" and sit on the sidelines.

Profitability 98

Profitability Portfolio Equities Funds 98

Global Banking & Finance

JULY 13, 2023

Ericsson’s quarterly operating profit declines, beats expectations By Martin Coulter LONDON (Reuters) – Sweden’s Ericsson reported a 62% fall in second-quarter adjusted operating profit on Friday, slightly beating market expectations. billion Swedish crowns ($271 million), compared with 7.4

Profitability 52

Profitability 52

The New York Times: Banking

JULY 14, 2023

billion in profit last quarter, a hefty jump from the same period last year. Three of the biggest banks in the United States made a cumulative $22.3

Profitability 84

Profitability Bank Banking Financial Institution 84

Global Banking & Finance

NOVEMBER 22, 2023

DIY retailer Kingfisher cuts profit outlook again on weak French market By James Davey LONDON (Reuters) -European home improvement retailer Kingfisher on Wednesday downgraded its full-year profit outlook for the second time in three months, blaming a weaker-than-expected market in France.

Profitability 40

Profitability Retail Shares IT 40

Global Banking & Finance

SEPTEMBER 13, 2023

ECB criticises new Italian tax on windfall bank profits By Francesco Canepa and Giuseppe Fonte FRANKFURT (Reuters) – The European Central Bank (ECB) on Wednesday criticised the Italian government’s proposed tax on windfall bank profits, saying it did not consider lenders’ long-term prospects and could make some of them vulnerable (..)

Profitability 52

Profitability Bank Banking Economics 52

Global Banking & Finance

JULY 23, 2023

Julius Baer reports 18% H1 net profit rise ZURICH (Reuters) -Swiss private bank Julius Baer reported an 18% increase in net profit for the first half of 2023 on Monday as it said it also increased its assets under management and attracted more money from rich clients.

Profitability 52

Profitability Bank Banking Management 52

Global Banking & Finance

OCTOBER 11, 2023

Travis Perkins shares sink as weak housing market prompts profit warning By Sarah Young LONDON (Reuters) -Travis Perkins, Britain’s biggest supplier of building materials, downgraded its annual profit forecast by as much as 27% on Wednesday, blaming ongoing tough conditions in the new-build housing and renovation markets, hitting its shares.

Profitability 52

Profitability Shares IT 52

Global Banking & Finance

SEPTEMBER 6, 2023

TON Foundation Founded in Switzerland as a Non-Profit Organization The Open Network Foundation (TON Foundation), the non-profit association supporting the growth of The Open Network (TON), announces its official launch as a Swiss non-profit organization.

Profitability 52

Profitability IT 52

Business Standard - FInance

JULY 1, 2023

Finance Minister Nirmala Sitharaman on Saturday said the public sector banks' profit in the last nine years has tripled to Rs 1.04 The net profit of public sector banks (PSBs) has almost tripled to Rs 1.04 lakh crore due to initiatives taken by the government and underlined the need for continuing the momentum to fuel economy.

Profitability 98

Profitability Bank Banking Finance 98

Global Banking & Finance

JULY 24, 2023

Naturgy’s profit rises on LNG gains, soothing shareholders By Pietro Lombardi MADRID (Reuters) – Spanish power utility Naturgy reported on Monday an 88% jump in profit for the first six months of the year, boosted by strong earnings at its liquefied natural gas (LNG) business, which could help it to win over restive investors.

Profitability 52

Profitability Investors Utilities Business 52

Global Banking & Finance

AUGUST 16, 2023

General, health insurance help Aviva to H1 profit beat LONDON (Reuters) -British insurer Aviva posted an 8% rise in first-half operating profit to 715 million pounds ($909 million) on Wednesday, helped by strong performance in general and health insurance that could boost full-year numbers by as much as 7%.

Insurance 52

Insurance Profitability 52

The New York Times: Banking

JULY 19, 2023

The investment bank reported a profit half as large as its rival Morgan Stanley, to say nothing of larger lenders.

Profitability 80

Profitability Investment Banking Bank Banking 80

Global Banking & Finance

JUNE 20, 2023

Lanxess slashes profit outlook as demand recovery lags (Reuters) – German speciality chemicals maker Lanxess on Monday evening cut its second-quarter and annual core profit forecasts, saying it saw no demand recovery in June as customers continued to destock.

Profitability 52

Profitability Electronics IT 52

Global Banking & Finance

JULY 21, 2023

Nokian Tyres profit tumbles amid Russian exit, shares fall HELSINKI (Reuters) -Finland’s Nokian Tyres on Friday reported a sharp fall in operating profit for the second quarter, sending its shares down 8%, but said it expected the second half of the year to be stronger than the first as winter tyre sales picked up.

Profitability 52

Profitability Shares Sale IT 52

CNBC: Investing

NOVEMBER 10, 2023

There appears to be an upward bias to share price movement after analyst days, according to Goldman Sachs.

Profitability 133

Profitability Trading Shares 133

Global Banking & Finance

SEPTEMBER 1, 2023

Airline SAS to boost capacity after first quarterly profit since 2019 By Marie Mannes STOCKHOLM (Reuters) -Scandinavian airline SAS plans to ramp-up winter capacity this year, the company said on Friday as it posted its first quarterly pretax profit since late 2019, aided by lower fuel costs, higher ticket prices and strong demand.

Profitability 52

Profitability IT 52

Global Banking & Finance

AUGUST 22, 2023

Medtronic raises profit forecast as surgeries return to pre-pandemic levels By Bhanvi Satija (Reuters) -Medtronic on Tuesday raised its annual profit forecast as the return of non-urgent surgery volumes to pre-pandemic levels boosted demand for its medical devices, sending its shares up 3%.

Profitability 52

Profitability Medical Shares IT 52

Global Banking & Finance

JULY 27, 2023

ArcelorMittal cuts steel demand forecast, beats profit expectations By Marine Strauss BRUSSELS (Reuters) -ArcelorMittal, the world’s second-largest steelmaker, lowered its steel shipments forecast on Thursday for this year, as it reported second-quarter earnings that exceeded expectations.

Profitability 52

Profitability IT 52

Cisco: M&A

OCTOBER 24, 2023

Andrew: Cisco has made sustainability a priority for many years, and we recently launched Cisco’s next generation environmental sustainability strategy. As a part of that, we have also set a goal to r… Read more on Cisco Blogs

Profitability 98

Profitability 98

JD Supra: Mergers

OCTOBER 11, 2023

Minnesota recently passed a state law providing the Minnesota Attorney General additional authority to determine whether mergers of health systems are in the public interest and enjoin or unwind deals found not to be in the public interest or which would limit competition.

Mergers 136

Mergers Profitability 136

Global Banking & Finance

SEPTEMBER 12, 2023

Zara owner Inditex’s H1 profit climbs as it eyes growth through stable prices MADRID (Reuters) -Zara owner Inditex reported on Wednesday a jump of 40% in profit for the six months to July amid higher sales compared to a year ago, even as the world’s biggest fashion company slowed the pace of price increases to […]

Profitability 52

Profitability IT Sale 52

The New York Times: Banking

JUNE 29, 2023

The European Central Bank expects to bring down inflation, with a big caveat: Companies need to let profits fall as they pay for higher wages.

Profitability 75

Profitability Bank Banking Financial Institution 75

Global Banking & Finance

JULY 26, 2023

Equinor Q2 profit down 57% as oil and gas prices fall By Gwladys Fouche OSLO (Reuters) -Equinor posted on Wednesday a 57% year-on-year decline in second quarter core profit, in line with expectations as oil and gas prices fell, while maintaining its dividend and share buyback levels, sending its shares slightly lower.

Profitability 52

Profitability Shares IT 52

Global Banking & Finance

JUNE 26, 2023

AB Foods raises profit outlook as Primark gets summer boost By James Davey LONDON (Reuters) -Associated British Foods raised its full year profit outlook on Monday with its Primark fashion business boosted by warm weather kicking in across its European markets and its food unit trading well.

Profitability 52

Profitability Food Trading Business 52

Global Banking & Finance

JULY 23, 2023

Ryanair Q1 profits soar, cuts FY passenger forecast on Boeing delays DUBLIN (Reuters) -Ryanair on Monday posted a 663 million euro ($737.26 million) after-tax profit for the three months ending in June, far above pre-pandemic levels, but lowered its passenger growth forecast for 2023 because of Boeing delivery delays.

Profitability 52

Profitability IT 52

Financial Times - Banking

MAY 21, 2023

Goldman Sachs unit reports losses and Morgan Stanley’s profits fall as tensions rise between west and Beijing

Investment Banking 67

Investment Banking Profitability Investment Bank 67

Global Banking & Finance

AUGUST 8, 2023

WeWork rival IWG’s half-year profit surges on high demand, improved pricing By Aby Jose Koilparambil (Reuters) -Office rental firm IWG retained a “cautiously optimistic” outlook after posting a 48% surge in half-year profit on Tuesday, helped partly by high demand for its spaces and improved pricing.

Profitability 52

Profitability IT 52

CNBC: Investing

JULY 9, 2023

Watch these stocks that are on the verge of turning a profit and poised to climb higher, Jefferies says.

Stock 97

Stock Profitability 97

The TRADE

JULY 26, 2023

billion post-tax profit for the first half of 2023, a decrease of 9% compared to Q2 2022 and a 7% fall for the overall half of the year, attributing the fall to higher tax rates. Despite overall profits in some areas of the bank, the investment bank revenues fell by 11% in the second quarter compared to the Q2 2022 results.

Profitability 52

Profitability Bank Banking Investment Banking 52

Global Banking & Finance

JULY 23, 2023

Philips slightly raises 2023 outlook after Q2 core profit beat (Reuters) -Dutch health technology company Philips on Monday slightly raised its full-year targets after posting a bigger-than-expected jump in second-quarter core earnings thanks to better supply chains, a strong order book and efficiency measures.

Profitability 52

Profitability IT 52

Global Banking & Finance

JUNE 16, 2023

Travis Perkins warns on profit in sign of UK housing market difficulty LONDON (Reuters) -Travis Perkins, Britain’s biggest supplier of building materials, warned profit would be hit by difficulties in the country’s housing market in one of the latest warning signs that rising interest rates are beginning to be felt by consumers.

Profitability 52

Profitability 52

Global Banking & Finance

JULY 19, 2023

ABB sees robust activity as Q2 profit beats forecasts ZURICH (Reuters) -ABB said customer activity remained “robust” during its second quarter as the Swiss engineering company on Thursday reported stronger than expected operating profit.

Profitability 40

Profitability Engineering IT 40

Global Banking & Finance

JUNE 27, 2023

How to Set Up a Profitable Side Business Fast: 5 Quick-Start Steps Embarking on your entrepreneurial journey and aiming to set up a profitable side business rapidly is an enviable ambition to follow up on. To help, these quick-start steps cover everything from securing the perfect domain name to optimizing operations.

Profitability 52

Profitability Business Securities 52

Global Banking & Finance

JULY 19, 2023

Atlas Copco posts Q2 profit beat, but sees slowing demand (Reuters) -Swedish industrials group Atlas Copco on Wednesday reported second-quarter operating profit that beat market forecasts, but said demand was expected to weaken in the near term, sending its shares lower. billion Swedish crowns ($925 […]

Profitability 40

Profitability Shares IT 40