UBS shares retreat 6% as fourth-quarter profit beat, $3 billion buyback fail to impress
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Tesla’s Fourth-Quarter Earnings Report Sharp Drop in Profit
The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the prospects for Tesla’s self-driving technology.The New York Times - 5d -
Commerzbank posts 20% hike in annual profit and launches new share buyback as it wards off UniCredit
Commerzbank on Friday unexpectedly released quarterly results, touting "record" annual profit and announcing a new share buyback scheme.CNBC - 3d -
Tesla’s Fourth-Quarter Earnings Report Sharp Drop in Profit
The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the prospects for Tesla’s self-driving technology.The New York Times - 5d -
Boeing books charges and warns on fourth-quarter revenue and profit
Aerospace group cites $2.8bn hit from last year’s strike, lay-offs and rising defence business costsFinancial Times - Jan. 23 -
Travelers Upbeat on Momentum Despite Fires as Fourth-Quarter Profit Surges
The property-and-casualty insurer said the strong results and outlook would allow it to support customers affected by the wildfires that devastated L.A.The Wall Street Journal - Jan. 22 -
Adidas Exceeds Profit Guidance After Sales Jump in Fourth Quarter
The German sporting-goods company said its operating profit climbed to €1.34 billion last year from €268 million in 2023.The Wall Street Journal - Jan. 21 -
Citigroup swings to fourth-quarter profit, tops estimates on investment banking strength
The fourth-quarter report comes after a year where Citi's stock rose almost 37%, outperforming the S&P 500.CNBC - Jan. 15 -
Pfizer Sells 700 Million Haleon Shares for $3 Billion
The sale decreases Pfizer’s shareholding in the consumer-healthcare business to 7.3% of its issued share capital, down from 15%.The Wall Street Journal - Jan. 15
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Pfizer tops earnings estimates as Covid product sales beat expectations and cost cuts pay off
The results cap off a critical year for Pfizer, which has been slashing costs as it recovers from the rapid decline of its Covid business and stock price.CNBC - 1h -
PayPal reports fourth-quarter earnings beat as growth picks up at Venmo
PayPal reported better-than-expected fourth-quarter earnings and revenue in its quarterly report on Tuesday.CNBC - 2m -
Warren Buffett's Berkshire Hathaway scoops up more Sirius XM, boosting stake to 35%
The Omaha, Nebraska-based conglomerate purchased roughly 2.3 million shares for about $54 million in separate transactions Thursday through Monday.CNBC - 24m -
McDonald's Shamrock Shake returns — and so does Grimace's uncle
McDonald's is bringing back the mascot Uncle O'Grimacey, Grimace's uncle, to promote the seasonal milkshake.CNBC - 27m -
PepsiCo earnings beat estimates, but demand for drinks and snacks drops in North America
PepsiCo's earnings topped Wall Street's estimates, but the company's revenue missed expectations, as drink and snack demand fell in North America.CNBC - 1h
More in Business
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Merck's 2025 revenue outlook falls short as it pauses Gardasil vaccine shipments to China
Merck's full-year 2025 revenue guidance fell short of what some analysts were expecting, at a range of $64.1 billion to $65.6 billion.CNBC - 2m -
PayPal reports fourth-quarter earnings beat as growth picks up at Venmo
PayPal reported better-than-expected fourth-quarter earnings and revenue in its quarterly report on Tuesday.CNBC - 2m -
Trump Promised a Cap on Credit Card Interest Rates. Here’s His Chance.
Senators Bernie Sanders and Josh Hawley say they will propose a 10 percent limit on credit card interest rates.The New York Times - 3m -
The tariff wars aren’t over. China hits back over new 10% tariffs.
U.S. agreements with Canada and Mexico stopped tariffs before they were to enter into effect, but the trade war between the world’s top two economies is continuing.MarketWatch - 4m -
Rise in UK economic inactivity since Covid is genuine, says ONS chief
Ian Diamond admits to sleepless nights as he defends agency’s failures over critical labour market dataFinancial Times - 15m