Financial Times - Banking

JULY 16, 2024

Bank reports 40% rise in quarterly profits but wealth unit struggles to attract assets at higher interest rates

Profitability 74

Profitability Business Bank Banking 74

Global Banking & Finance

JUNE 27, 2024

UK retailer Halfords posts lower annual profit (Reuters) -British bicycle and car products retailer Halfords Group reported a fall in annual profit on Thursday as footfall across its stores declined due to challenging market conditions and wet weather.

Retail 52

Retail Profitability IT 52

Global Banking & Finance

JULY 25, 2024

By Joyce Lee and Heekyong Yang SEOUL (Reuters) -South Korea’s SK Hynix posted its highest quarterly profit since 2018 on Thursday as the Nvidia supplier said strong AI chip demand will only get stronger, such as for high bandwidth memory (HBM) used in generative AI chipsets.

Profitability 52

Profitability IT 52

Global Banking & Finance

FEBRUARY 8, 2024

Swisscom profit rises on Fastweb growth, declines comment on Vodafone talks By Mateusz Dobrzyniewski and Anastasiia Kozlova (Reuters) -Swisscom met expectations with a 4.9% rise in full-year core profit on Thursday boosted by growth in its Fastweb business in Italy.

Profitability 98

Profitability Business IT 98

Global Banking & Finance

JULY 24, 2024

By Hyunjoo Jin, Akash Sriram (Reuters) -Tesla on Tuesday reported its lowest profit margin in more than five years and missed Wall Street earnings targets in the second quarter, as the electric vehicle maker cut prices to revive demand while it increased spending on AI projects. The company said it was on track to produce […]

Profitability 52

Profitability IT 52

Global Banking & Finance

JULY 27, 2023

Sabadell doubles Q2 net profit, lifts guidance for 2023 By Jesús Aguado MADRID (Reuters) -Higher margins helped Spain’s Sabadell double net profit in the second quarter, beating market expectations and prompting the bank to lift its guidance for overall lending income and profitability in 2023.

Profitability 98

Profitability Bank Banking IT 98

Global Banking & Finance

JULY 24, 2024

By Miranda Murray BERLIN (Reuters) -German arms manufacturer Rheinmetall more than doubled operating profit in the second quarter, driven by a surge in defence spending as a result of Russia’s invasion of Ukraine. The company has been one of the main beneficiaries of the defence boom since the Ukraine war began in 2022. Its […]

Profitability 40

Profitability Manufacturing IT 40

CNBC: Investing

JANUARY 22, 2024

Goldman Sachs' David Kostin expects headwinds from taxes and borrowing costs to subside this year, driving higher profitability for a wider group of stocks.

Profitability 114

Profitability Stock 114

Wall Street Mojo

JANUARY 17, 2024

What Is Profit And Loss Statement? A profit and loss (P&L) statement, sometimes called as an income statement, is a financial report that provides investors and outsiders with a financial overview of a company. Table of contents What Is Profit And Loss Statement? Profit and Loss Statement Explained Sample How To Prepare?

Profitability 52

Profitability S&P Financial Statement Accountant 52

Global Banking & Finance

JULY 27, 2023

EDF swings to profit thanks to price increases PARIS (Reuters) – French nuclear power giant EDF swung to profit in the first half of the year, rebounding from a record loss in 2022 thanks to higher electricity prices and nuclear reactor output. Net income was 5.8 billion euros ($6.44 billion), compared with a loss of […]

Profitability 98

Profitability 98

Global Banking & Finance

AUGUST 24, 2023

Russia’s Gazprom Neft Q2 net profit falls 43% y/y MOSCOW (Reuters) -Russian oil major Gazprom Neft said on Thursday its second-quarter net profit fell 43% from the same period last year to 140.1 Profits for global oil majors have dropped by about half from a bumper 2022, when […] billion roubles ($1.5

Profitability 96

Profitability Sale IT 96

Global Banking & Finance

JULY 18, 2024

Homeware retailer Dunelm sees annual profit slightly ahead of market view (Reuters) – British homewares retailer Dunelm Group forecast its annual profit to be slightly higher than market consensus on Thursday, helped by an increase in volumes as customers spent on new furnishings to spruce up their homes.

Retail 40

Retail Profitability IT 40

CNBC: Investing

FEBRUARY 19, 2024

As winning 'Magnificent Seven' stocks wrapped up a spectacular year, hedge funds appeared to lock in profits during the fourth quarter.

Profitability 106

Profitability Funds Stock 106

CNBC: Investing

MAY 3, 2024

Jeff Kilburg wants to take some profits after getting long Apple pre-earnings.

Profitability 110

Profitability 110

Global Banking & Finance

AUGUST 9, 2023

Lloyd’s of London insurer Hiscox profit spikes on premium rise By Carolyn Cohn LONDON (Reuters) -Lloyd’s of London insurer Hiscox posted a sharp rise in pretax profit on rising premium rates, but its shares fell on Wednesday as analysts focused on a disappointing retail outlook.

Insurance 98

Insurance Profitability Retail Shares 98

Cisco: M&A

JANUARY 24, 2024

The Social Impact Partner Spotlight series is a new series highlighting various Cisco non-profit organization partners that are helping transform the lives of individuals and communities. This blog f… Read more on Cisco Blogs

Education 98

Education Profitability Corporation Investment 98

Global Banking & Finance

JULY 12, 2024

By Tatiana Bautzer and Manya Saini (Reuters) -Citigroup beat Wall Street expectations for second-quarter profit on Friday, boosted by a jump in investment banking, markets and services revenue, but shares fell 2% amid investor worries about expenses, dividends and market share. lender reported a profit of $1.52 The third largest U.S.

Investment Banking 40

Investment Banking Profitability Bank Banking 40

Global Banking & Finance

JANUARY 4, 2024

Walgreens slashes dividend even as Q1 profit beats estimates (Reuters) -U.S. pharmacy chain Walgreens Boots Alliance on Thursday nearly halved its dividend to save more money, even as the company’s cost-cut measures helped it report better-than-expected quarterly profit.

Profitability 75

Profitability IT 75

CNBC: Investing

JULY 9, 2024

It's time for investors to consider taking profits in some high-flying artificial intelligence names, according to Citi.

Profitability 63

Profitability Investors Shares IT 63

Global Banking & Finance

JULY 18, 2023

Swedbank profit exceeds forecast as real estate slump leaves scant mark By Niklas Pollard STOCKHOLM (Reuters) -Swedish banking group Swedbank reported a bigger-than-expected rise in net profit on Tuesday on the back of higher interest income, and said its credit quality was solid as loan impairments fell sequentially in the second quarter.

Profitability 98

Profitability Bank Banking IT 98

Global Banking & Finance

JULY 22, 2024

By Sergio Goncalves LISBON (Reuters) -Portugal’s Galp Energia reported on Monday a 16% rise in second-quarter net profit, beating expectations as higher oil prices and lower production costs offset reduced output and the refining margin held steady.

Profitability 40

Profitability 40

The New York Times: Banking

APRIL 15, 2024

The Wall Street bank recorded nearly $4 billion in profit, beating analyst expectations in a tough quarter for big banks.

Profitability 66

Profitability Bank Banking Financial Institution 66

CNBC: Investing

FEBRUARY 2, 2024

Jeff Kilburg wants to cautiously approach these new all-time highs by using an options strategy to create some income and protect my profits.

Profitability 108

Profitability Investors 108

Global Banking & Finance

JULY 14, 2024

TSMC second-quarter profit seen jumping 30% on surging AI chip demand TAIPEI (Reuters) – Taiwan Semiconductor Manufacturing Co, the main producer of advanced chips used in artificial intelligence applications, is expected to report a 30% rise in second-quarter profit on Thursday thanks to soaring demand.

Profitability 40

Profitability Manufacturing 40

Global Banking & Finance

MARCH 1, 2024

Bpost posts lower 2023 operating profit, does not provide 2024 profit outlook By Lina Golovnya (Reuters) – Belgian postal operator Bpost, which also distributes newspapers, reported a decline in full-year operating profit on Friday, and did not provide an outlook for 2024, citing “discussions with press stakeholders” The group’s (..)

Profitability 40

Profitability Shares 40

CNBC: Investing

FEBRUARY 12, 2024

How does one use options to improve the probability of profit in stock trade? Here's an example involving a casino stock reporting earnings this week.

Profitability 103

Profitability Trading Stock 103

Global Banking & Finance

MAY 10, 2024

Honda sees full-year profit rising 2.8% rise in operating profit for this financial year, after it exceeded analysts’ estimates in the fourth quarter as strong sales growth in the United States offset a decline in China. TOKYO (Reuters) – Japan’s Honda Motor Co forecast a 2.8%

Profitability 40

Profitability Sale IT 40

Global Banking & Finance

MAY 9, 2024

Brembo Q1 operating profit rises on record sales (Reuters) – Italian premium brake maker Brembo posted on Thursday an 8.5% yearly increase in first-quarter operating profit as revenues grew to a record 1 billion euros in the quarter. Brembo’s January-March operating profit (EBIT) stood at 112.8 million euros ($121.06

Profitability 40

Profitability Sale IT 40

How2Exit

OCTOBER 8, 2023

rn Big Band Software focuses on acquiring profitable and growing B2B SaaS businesses. rn McArdle states, "The dream business is one that's big, growing, profitable, has the team. They also discuss the characteristics of Kevin's dream business and the factors that make a business attractive for acquisition.

Profitability 130

Profitability Portfolio Mergers and Acquisitions M&A 130

CNBC: Investing

APRIL 25, 2024

With the stock market's profitability near all-time highs, these names could see big growth over the next 12 months.

Profitability 59

Profitability Stock 59

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.

Profitability 112

Profitability Stock 112

Global Banking & Finance

FEBRUARY 8, 2024

Vontobel to take additional cost-cutting measures as profit falls ZURICH (Reuters) -Vontobel Holding saw its full-year net profit fall 6.5%, the Swiss private bank and asset manager said on Thursday, as it vowed to take additional measures to cut annual costs by 100 million Swiss francs.

Profitability 52

Profitability Asset Management Bank Banking 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 Funds Equities 98

Sun Acquisitions

JUNE 11, 2024

However, with the right mindset and strategic approach, entrepreneurs can maximize the profitability of their business sales. Strategic Preparation: Lay the Foundation for Success A profitable business sale begins long before the negotiations start. Their expertise can drive a profitable deal and address unforeseen challenges.

Profitability 59

Profitability Sale Business Mergers and Acquisitions 59

Global Banking & Finance

JUNE 6, 2024

Trafigura’s first-half net profit falls in calmer market By Natalie Grover LONDON (Reuters) – Trading house Trafigura posted a more than 74% drop in net profit in the first half of its 2024 financial year, the lowest since 2020 for the same period, as the extreme turbulence that defined commodity markets in recent years fizzled […] (..)

Profitability 40

Profitability Trading IT 40

Global Banking & Finance

JULY 2, 2024

Qatar Airways posts 39% jump in annual profit to record $1.67 billion DUBAI (Reuters) – Qatar Airways posted a 39% jump in annual net profit to a record 6.1 billion Qatari riyals ($1.67 billion) on Tuesday. Revenue grew by 6% to 81 billion riyals in the year ended March 31, the government-owned airline said. It […]

Profitability 40

Profitability Government IT 40