Dow Jones Newswires: Volvo Q4 net profit dips to $648.5 million as costs jump.
Swedish truck maker reported net profit of 6.62 billion Swedish kronor ($648.5 million) compared with SEK8.0 billion a year earlier.
Date: | Jan. 26, 2023 2:25 AM ET |
Link: | Read more at MarketWatch |
Source: | MarketWatch.com - Top Stories - marketwatch.com |
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Dow Jones Newswires: Australia’s Q4 inflation fanned by surging travel, electricity costs
Australian consumer prices rose by more than expected in the fourth quarter, dashing hopes that the Reserve Bank of Australia would soon pull back from aggressively raising interest rates.
Jan. 24, 2023 - MarketWatch.com - Top Stories - Business -
Dow Jones Newswires: CaixaBank sees forecast-beating profit thanks to higher net interest income
The Spanish bank said net interest income stood at EUR2.07 billion, up 33% from a year earlier, and compared with EUR1.89 billion expected by analysts.
Feb. 3, 2023 - MarketWatch.com - Top Stories - Business -
Dow Jones Newswires: ABB posts drop in net profit as orders declined
The Swiss technology group said it made $1.13 billion in net profit for the fourth quarter, but saw falling orders as customers demand normalized.
Feb. 2, 2023 - MarketWatch.com - Top Stories - Business -
Dow Jones Newswires: Uniqlo owner’s shares slump after Q1 net profit falls 9.1%
Fast Retailing Co. shares fell sharply Friday morning after its first-quarter net profit dropped 9.1% from a year earlier due to higher costs and weaker sales in China.
Jan. 12, 2023 - MarketWatch.com - Top Stories - Business -
Dow Jones Newswires: Taiwan Semiconductor Manufacturing reports record net profit and revenue on chip demand
Both quarterly revenue and net profit marked new record highs. For 2022, TSMC booked NT$2.264 trillion in revenue and NT$1.017 trillion in net profit -- both highest on record.
Jan. 12, 2023 - MarketWatch.com - Top Stories - Business -
Dow Jones Newswires: STMicroelectronics revenue, profit jump on automotive, microcontrollers strength
The European chip maker STM IT:STM said net revenue climbed to $4.42 billion compared with $3.56 billion in the 2021 fourth quarter
Jan. 26, 2023 - MarketWatch.com - Top Stories - Business -
Dow Jones Newswires: Siemens Gamesa posts wider net losts due to high costs
The company said its first-quarter adjusted EBIT performance was severely hit by the outcome of the periodic monitoring and technical failure assessment of the installed flee and anticipated high cost levels.
Feb. 2, 2023 - MarketWatch.com - Top Stories - Business -
Dow Jones Newswires: BP underlying replacement cost profit of $4.8 billion falls short of forecasts.
BP's full-year replacement cost profit was $27.7 billion, compared with almost $13 billion for 2021 when BP swung back from early Covid-19 pandemic losses.
Feb. 7, 2023 - MarketWatch.com - Top Stories - Business -
Dow Jones Newswires: Volvo’s January car sales rise 2% from last year
Swedish auto maker Volvo Car AB said on Friday that it sold 48,520 cars in January, 2% up from the same period last year.
Feb. 3, 2023 - MarketWatch.com - Top Stories - Business -
Dow Jones Newswires: Royal KPN posts forecast beating profit, begins $325.5 million share buyback program
The Dutch telecommunications operator NL:KPN made a net profit for the quarter of EUR190 million compared with EUR157 million for the same period a year earlier
Jan. 31, 2023 - MarketWatch.com - Top Stories - Business -
Dow Jones Newswires: South Korea’s economy contracts sequentially in Q4 for first time in 2 years
South Korea's economy contracted sequentially in the fourth quarter of 2022 for the first time in more than two years due to weak exports and private consumption.
Jan. 25, 2023 - MarketWatch.com - Top Stories - Business -
Dow Jones Newswires: SoftBank Group shares fall sharply after third-quarter net loss
SoftBank Group Corp. shares fell sharply Wednesday morning, after it posted third-quarter net loss due partly to weak performance at its tech investment funds.
12 hours ago - MarketWatch.com - Top Stories - Business -
Dow Jones Newswires: Siemens Energy net loss more than doubled due to renewable unit troubles
The German energy company registered a quarterly net loss of 598 million euros ($643.4 million) for the quarter ended Dec. 31
Feb. 7, 2023 - MarketWatch.com - Top Stories - Business -
Dow Jones Newswires: Baidu shares jump after BlackRock boosts stake
New York-based BlackRock, the world's largest asset manager, said in filings that it had raised its stake in Baidu to 6.6% at end of 2022, up from 5.4% a year earlier.
Feb. 2, 2023 - MarketWatch.com - Top Stories - Business -
Dow Jones Newswires: Societe Generale profit beats expectations on strong revenue
The French lender reported quarterly net profit of 1.16 billion euros ($1.24 billion), down from EUR1.79 billion a year earlier.
7 hours ago - MarketWatch.com - Top Stories - Business -
Dow Jones Newswires: Assa Abloy raises dividend by 14% after strong demand elevates profits
Swedish lock maker Assa Abloy has raised its dividend by 14% after posting a forecast-beating rise in fourth-quarter net profit on Friday.
Feb. 3, 2023 - MarketWatch.com - Top Stories - Business -
Dow Jones Newswires: Sanofi profit narrowly beats forecasts, sees stronger earnings growth in 2023
The French pharma majorFR:SAN SNY reported net profit of 1.46 billion euros ($1.59 billion) for the quarter, on sales that grew to EUR10.73 billion from EUR9.99 billion in the previous year.
Feb. 3, 2023 - MarketWatch.com - Top Stories - Business -
Dow Jones Newswires: Sony shares gain on better-than-expected quarterly profit
Sony Group Corp. shares gained Friday morning after its third-quarter net profit beat analysts' expectations and the company raised its fiscal year net-profit forecast.
Feb. 2, 2023 - MarketWatch.com - Top Stories - Business -
Dow Jones Newswires: BT pretax profit falls, but backs annual guidance
BT's pretax profit for the nine months was GBP1.31 billion compared with GBP1.54 billion a year prior.
Feb. 2, 2023 - MarketWatch.com - Top Stories - Business -
Dow Jones Newswires: Santander posts forecast-beating profit, revenue, upbeat on 2023
The Spanish lender said it is targeting double-digit revenue growth and a return on tangible equity--a key measure of profitability--above 15% in 2023.
Feb. 2, 2023 - MarketWatch.com - Top Stories - Business -
Dow Jones Newswires: ING proposes dividend as $1.2 billion profit beats forecasts
The Dutch bank ING posted a net profit of 1.09 billion euros ($1.20 billion), from EUR945 million a year earlier.
Feb. 2, 2023 - MarketWatch.com - Top Stories - Business -
Dow Jones Newswires: Sony profit falls as movie business earnings weaken and cuts revenue forecast
Sony cut its revenue forecast for the fiscal year ending in March, but raised its net-profit projection and increased its operating-profit forecast for its gaming business.
Feb. 2, 2023 - MarketWatch.com - Top Stories - Business -
Dow Jones Newswires: Infineon profit nearly doubles as revenue climbs on strong demand for chips
Infineon's segment result, a key profitability metric, surged to EUR1.11 billion from EUR717 million, generating a margin of 28%.
Feb. 2, 2023 - MarketWatch.com - Top Stories - Business -
Dow Jones Newswires: Shell adjusted profit of $9.8 billion beats forecasts, boosted by soaring energy prices
Shell's $41.6 billion full-year profit surpassed the London-based company's previous record of $31.4 billion in 2008
Feb. 2, 2023 - MarketWatch.com - Top Stories - Business -
Dow Jones Newswires: Deutsche Bank posts forecast-beating profit of $1.98 billion, but revenue disappoints
The German lender's profit for the three months to the end of December was 1.80 billion euros ($1.98 billion), up from EUR145 million for the same period in 2021.
Feb. 2, 2023 - MarketWatch.com - Top Stories - Business