ABN Amro Posts Profit Beat, Delays Next Buyback Decision

ABN Amro Bank will take longer than expected to decide on its next share buyback as it adapts to new capital rules, sending shares lower in early trading despite the Dutch lender’s ...

Business - The Wall Street Journal - Yesterday

Oil giant Shell posts $6 billion profit beat, launches new share buyback program

British oil giant Shell on Thursday posted a small year-on-year drop in third-quarter profit as a sharp drop in crude prices was offset by higher gas sales.

Business - CNBC - October 31

HSBC chief says east-west division will not lead to ‘any split’

Georges Elhedery embarks on sweeping overhaul of lender as part of cost-cutting drive

Business - Financial Times - October 29

Snap shares jump 10% on profit beat, stock buyback

Snap reported third-quarter results on Tuesday that beat on the top and bottom lines, but the company issued light fourth-quarter guidance.

Business - CNBC - October 29

Nvidia supplier SK Hynix posts record quarterly profit as AI boom drives demand

Revenue for the third quarter grew about 94% year-on-year.

Business - CNBC - October 24

BP shares fall to lowest since 2022 after sharp drop in the oil major's third-quarter profit

British oil major BP on Tuesday reported its weakest quarterly earnings in nearly four years, weighed down by a slump in crude prices.

Business - CNBC - October 29

Tesla shares jump on profit beat, Musk's prediction of at least 20% 'vehicle growth' next year

Tesla reported better-than-expected profit in its third-quarter earnings report on Wednesday.

Business - CNBC - October 24

Tesla shares jump, Elon Musk predicts at least 20% vehicle growth next year

Tesla reported third-quarter earnings Wednesday that topped analysts’ estimates even as revenue came in just shy of expectations.

Deutsche Bank warns of rising bad loan provisions

German lender posts record third-quarter profits but tells investors to brace again for credit risks

Business - Financial Times - October 23

Eni Cuts Profit Outlook on Weak Prices, Lifts Buybacks

Eni lowered its guidance for the year due to a decline in oil prices which also hit the Italian energy major’s third-quarter profits, but said it planned to increase its share buy backs.

Business - The Wall Street Journal - October 25

Ahold Delhaize Net Profit Misses Market Views, Issues Buyback

The Dutch grocer outlined a share buyback program, despite reporting a worse-than-expected fall in third-quarter net profit.

Business - The Wall Street Journal - November 6

British Airways owner announces stock buyback as profit grows 17%

British Airways owner International Airlines Group announced a stock buyback after reporting rising profits and margins.

Business - MarketWatch - 6 days ago

HSBC shares surge on another $3 billion buyback plan and earnings beat

HSBC shares increased 4% on Tuesday as the British bank beat analysts’ earnings expectations for the third quarter and launched another $3 billion share buyback plan.

Business - MarketWatch - October 29

RWE Plans $1.6 Billion Buyback Due to Expected U.S., Europe Project Delays

The power utility said risks to offshore wind projects increased following the U.S. election as it warned of delays to its plans off the East Coast due to outstanding permits.

Business - The Wall Street Journal - Yesterday

Washington Post reels from Bezos decision to not endorse

The Washington Post is reeling from a decision to abstain from endorsing a presidential candidate in the 2024 election, a move that was reportedly made by billionaire owner Jeff Bezos after its ...

Politics - The Hill - October 25

Inside The Washington Post’s Decision to Stop Presidential Endorsements

Post owner Jeff Bezos ended the decades-long practice, weeks after a discussion at a meeting in Miami. The move has drawn criticism in and outside the newsroom.

Business - The New York Times - October 27

Judge delays decision on fate of Trump's criminal hush money conviction

The judge in Donald Trump's criminal hush money case in New York has agreed to delay any decision on whether to throw out Trump's conviction.

Judge delays Trump immunity decision in NY hush money case

A New York judge delayed a Tuesday decision on whether President-elect Trump’s conviction can withstand the Supreme Court’s presidential immunity ruling, following his election victory last week. ...

Politics - The Hill - 2 days ago

New York judge delays decision on Trump’s ‘hush money’ sentencing

Prosecutors cite ‘unprecedented circumstances’ surrounding conviction after the US presidential election

World - Financial Times - 2 days ago

Judge delays decision on tossing Trump’s hush money conviction

The judge overseeing Donald Trump's New York criminal trial delayed a key ruling Tuesday on whether the president-elect's conviction should be set aside, according to correspondence between the ...

Ulta Beauty unveils $3 billion share buyback program and plans to open 200 new stores in next three years

Ulta Beauty Inc. announced a new $3 billion share buyback authorization on Wednesday and said it plans to open 200 new stores over the next three years.

Business - MarketWatch - October 16

Ryanair profits plunge amid lower fares and Boeing delays

Problems with delivery of 737 aircraft left airline ‘over-crewed and over-costed’, says CEO Michael O’Leary. Business live – latest updates Ryanair’s profits have dropped by nearly a fifth, as ...

World - The Guardian - November 4

ABB Posts Higher Profit, Raises Margin Guidance

The Swiss industrial-technology company’s profit and revenue rose as the electrification business offset weakness in robotics, discrete automation and e-mobility.

Business - The Wall Street Journal - October 17

Tele2 Posts Higher Profits; Backs Targets

Tele2 reported a slightly higher third-quarter net profit, helped by growth in revenue from its core telecommunications services, though revenue and underlying earnings were a touch below ...

Business - The Wall Street Journal - October 22

BMW Posts Sharp Fall in Automotive Profitability

BMW reported a sharp drop in profitability for its key automotive unit, hit by costs of a recall and weak demand in China, even as it forecast stronger earnings in the fourth quarter.

Business - The Wall Street Journal - November 6

Next profits poised to top £1bn for first time

UK retail bellwether raises outlook for third time in three months on the arrival of colder weather

World - Financial Times - October 30

Ryanair warns of fewer flights next summer due to Boeing aircraft delays

Airlines are increasingly frustrated by the global shortage of new planes

Business - Financial Times - October 16

UK-EU ‘reset’ talks delayed until next year

Negotiations expected to focus on post-Brexit fishing rights and electricity trading arrangements, which expire in 2026

Business - Financial Times - October 25

HSBC announces fresh $3 billion share buyback as third-quarter earnings beat expectations

Pre-tax profit came in at $8.5 billion, a 10% rise from the $7.7 billion posted a year ago.

Business - CNBC - October 29

Hasbro’s third-quarter profit beats expectations, but its stock slips

Hasbro Inc.’s third-quarter profit beat expectations Thursday, fueled by its gaming and licensing businesses shares, but the toy maker’s stock is down 4%.

Business - MarketWatch - October 24

Santander's Profit Beats Expectations on Lower Provisions, Costs

Spain’s largest bank by market capitalization reported a 12% on-year increase in net profit for the three months ended Sept. 30, as lighter provisions and costs helped offset the impact from the ...

Business - The Wall Street Journal - October 29

UK borrowing costs hit post-election high on eve of Reeves’ first Budget

Chancellor will draw parallels with Tony Blair government’s efforts to repair country’s social fabric in late 1990s

Business - Financial Times - October 30

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