Latest in Ahold Delhaize Net Profit Misses Market Views, Issues Buyback
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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 - Yesterday -
Commerzbank Lifts Guidance as UniCredit Circles
Commerzbank lifted its full-year guidance for some key metrics and said its strategy is paying off, as UniCredit continued to signal interest in a tie-up with the German lender.Business - The Wall Street Journal - 21 hours ago -
Hyundai Motor Net Profit Fell in Third Quarter, Missing Estimates
The South Korean carmaker said wholesale car sales fell 3.2% globally as vehicle demand remained sluggish in most major markets, while North America remained a bright spot.Business - The Wall Street Journal - October 24 -
Lloyds Banking Beats Views as U.K. Borrowers Remain Resilient
The U.K.’s largest mortgage provider confirmed its full-year guidance after pretax profit fell by less than expected on lighter impairments for bad loans as British borrowers remained resilient ...Business - The Wall Street Journal - October 23 -
BBVA Profit Beats Market Views on Mexico, Spain Growth
Banco Bilbao Vizcaya Argentaria’s third-quarter performance in Spain and Mexico, its key markets, drove its profit above market expectations.Business - The Wall Street Journal - 6 days ago -
CVS beats revenue views, but profit missed due to a $1.1 billion reserve charge
CVS’s stock surges after revenue rose well above expectations, while profit missed because of a large charge premium deficiency reserves charge.Business - MarketWatch - 20 hours ago -
DHL Owner Net Profit Falls on Costs
Deutsche Post reported a lower net profit on higher costs and said it expects earnings to grow in the fourth quarter, even in a muted economic environment.Business - The Wall Street Journal - 2 days ago -
Deutsche Bank warns of rising bad loan provisions
German lender posts record third-quarter profits but tells investors to brace again for credit risksBusiness - 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 -
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 driveBusiness - 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 -
Danske Bank Lifts Guidance After Net Profit Tops Hopes
The Copenhagen-based bank raised its full-year net profit forecast after reporting a market-beating figure for the third quarter.Business - The Wall Street Journal - October 31 -
In Botswana’s Election, Diamond Profits Are a Defining Issue
The party that has governed the country since 1966 could lose power as the economy struggles from a slump in demand for diamonds, which made Botswana an African success story.World - The New York Times - October 29 -
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 - 6 days ago -
Clariant Third-Quarter Profits Miss Expectations
The chemicals company reported weaker results for the three months through September and cautioned that it didn’t expect a significant economic recovery in 2024 due to persistent economic challenges.Business - The Wall Street Journal - October 29 -
Aker Solutions Upbeat Despite Profit Miss
Aker Solutions reported below-forecast third-quarter results but said its outlook remained positive with high tender activity.Business - The Wall Street Journal - October 31 -
BNP profits rise driven by global markets business
Eurozone’s biggest bank posts gains for third quarter across equities and fixed-income tradingBusiness - Financial Times - October 31 -
ADM Discloses More Accounting Issues, Cuts Profit Outlook
The agriculture company disclosed more accounting problems and will amend some past financial results while slashing its profit forecast for the year.Business - The Wall Street Journal - 2 days ago -
Marks & Spencer Beats Profit Views, Warns of Persistent Challenges
Marks & Spencer reported profit ahead of expectations for the first half of fiscal 2025, but warned that the uncertain consumer backdrop is expected to remain in the rest of the year.Business - The Wall Street Journal - Yesterday -
Winnebago’s stock rocked by a big profit miss, due to ‘sluggish’ retail demand
Winnebago’s stock sinks after a big profit miss for its fiscal fourth quarter, which offset a revenue beat.Business - MarketWatch - October 23 -
Honeywell’s stock falls as sales miss and lowered guidance offsets profit beat
Honeywell International Inc.’s stock fell 2.5% early Thursday, after the aerospace and technology company missed third-quarter sales estimates and lowered its guidance, offsetting a profit beat.Business - MarketWatch - October 24 -
Caterpillar’s stock falls as weak equipment sales lead to a rare profit miss
Caterpillar’s stock fell after a rare profit miss, while revenue was below expectations for a fourth straight quarter.Business - MarketWatch - October 30 -
BP's Profit Hits Four-Year Low on Commodity Market Weakness
BP’s profit tumbled in the third quarter, although less than expected, as weak oil prices and refining margins continue to weigh on the energy sector.Business - The Wall Street Journal - October 29 -
OMV Misses Views as Weak Refining, Oil Trading Hit Results
The energy company’s third-quarter profit tumbled and missed expectations on lower refining margins and sales volumes from its oil-and-gas unit.Business - The Wall Street Journal - October 29 -
Risk assets rally but bond market views Trump victory with caution
Analysts and investors warn tension between different aspects of president-elect’s policy add to risks of a reversalWorld - Financial Times - 3 hours ago -
Boston’s New Soccer Team Misses the Mark With Name and Marketing Campaign
The N.W.S.L. club will be called BOS Nation FC. No one could have been prepared for the video that came next, a columnist for The Athletic writes.Sports - The New York Times - October 16 -
Deutsche Bank's Investment Bank Performance, Provision Releases Lift Profit
Deutsche Bank reported a better-than-expected rise in its third-quarter profit on growth in its investment-banking division and the partial release of provisions linked to litigation over its ...Business - The Wall Street Journal - October 23 -
Colgate-Palmolive beats profit views, even as prices fall in North America again
Colgate-Palmolive’s stock turned red in premarket action Friday, after the consumer-products company beat third-quarter earnings expectations and lifted its outlook, but saw relative weakness in ...Business - MarketWatch - October 25 -
Jim Harbaugh heart issue: Here are steps Chargers HC will take going forward, doesn't plan on missing games
Harbaugh left L.A.'s Week 6 matchup briefly to address his irregular heartbeatSports - CBS Sports - October 14 -
Clippers All-Star Kawhi Leonard will reportedly miss 'weeks' with lingering knee issues
Kawhi Leonard will remain in street clothes for the foreseeable future.Sports - Yahoo Sports - October 23 -
Patrick Mahomes injury update: Chiefs QB downplays ankle issue after not missing snap in OT win over Bucs
Kansas City held its collective breath for a few momentsSports - CBS Sports - Yesterday -
Trevor Lawrence injury: Jaguars QB limited with reported shoulder issue, could miss Week 10 vs. Vikings
The QB is trying to avoid a third straight defeatSports - CBS Sports - 16 hours ago -
Procter & Gamble’s stock slips as profit beat, steady outlook offset a sales miss
Shares of Procter & Gamble Co. fell 1.2% in premarket trading Friday, after the consumer packaged-goods company reported fiscal first-quarter profit that beat expectations and maintained its ...Business - MarketWatch - October 18 -
Royal Caribbean CEO: Americans are ‘wealthier than ever’ and love to travel
Royal Caribbean’s stock pulls back from a record after revenue, profit outlook for the current quarter disappoint.Business - MarketWatch - October 29 -
Eli Lilly stock tumbles after drug giant misses estimates and slashes profit guidance
Skyrocketing demand for weight loss and diabetes drugs has forced Eli Lilly and Novo Nordisk, to invest billions to increase manufacturing capacity.Business - CNBC - October 30 -
Toyota posts nearly 20% drop in second-quarter operating profit, missing estimates
Despite the lower takings, Toyota had raised its interim and full year dividend forecastBusiness - CNBC - Yesterday -
Chevrolet aims to defend highly profitable SUV market position with updated Tahoe, Suburban
The Chevrolet Tahoe and Suburban have led the mainstream full-size SUV segment for over 45 years, according to GM.Business - CNBC - October 16