CaixaBank Guides for Weaker Profitability, Resilient Income as Rates Boost Fades

The lender expects a lower return on tangible equity over the next three years as falling interest rates and heavier costs eat into its margins.

Business - The Wall Street Journal - 12 hours ago

NetEase's Profit Falls on Weaker Gaming Revenue

The Chinese videogame giant’s profit tumbled for a second straight quarter and revenue missed market expectations as the main business delivered a soft performance.

Business - The Wall Street Journal - 5 days ago

Budget boost to UK economy forecast to fade after two years

The government's official forecaster raises its prediction for UK growth in 2024 and 2025 but reduces it for later years.

The NHS and education are big winners in Reeves’ spending plan

But some Whitehall departments including the Home Office face real terms cuts to their budgets

World - Financial Times - October 30

Jordan North boosts Capital radio breakfast ratings

The Burnley-born presenter left Radio 1 earlier this year and replaced Roman Kemp at Capital in April.

Boeing’s stock turns lower, as short-term technical boost fades after the open

Boeing’s stock reversed into the red on Tuesday, to erase a positive short-term technical signal, even after the aerospace giant’s unionized machinists voted to end the nearly two-month-long strike.

Business - MarketWatch - November 5

Standard Chartered lifts income guidance again after beating third-quarter profit forecasts

The lender, which derives most of its revenue from Asia, saw pre-tax profit jump of 37% from the $1.32 billion posted a year ago.

Business - CNBC - October 30

PayPal beat big on a profit metric, but here’s why its stock is falling

PayPal’s fourth-quarter revenue view came in below expectations. The company said it’s focusing on “profitable growth.”

Business - MarketWatch - October 29

Amazon reports boost in quarterly profits, exceeds revenue estimates as it invests in AI

Amazon reported a boost in its quarterly profits Thursday and exceeded revenue estimates

Tech - ABC News - October 31

Sony stock rises as gaming and imaging units boost profits

Sony shares rose in premarket trade Friday after the company reported booming profit growth in the fiscal second quarter.

Business - MarketWatch - November 8

SoftBank returns to profit as Indian IPOs boost Vision Fund gains

Investors await founder Masayoshi Son’s next big move on artificial intelligence

Business - Financial Times - November 12

Activist ValueAct is poised to trim fat and help boost profits at Meta Platforms. Here’s how

Artificial intelligence is a powerful tool in Meta Platforms' arsenal, and if it's optimized, it can contribute to earnings per share growth.

Business - CNBC - 3 days ago

Fantasy Football Week 8 PPR Cheat Sheet: Updated player ratings to guide your toughest lineup calls

Matchup ratings for every player in Week 8 for PPR leagues

Sports - CBS Sports - October 26

Fantasy Football Week 8 Non-PPR Cheat Sheet: Updated player ratings to guide your toughest lineup calls

Matchup ratings for every player in Week 8 for non-PPR leagues

Sports - CBS Sports - October 26

Fantasy Football Week 9 PPR Cheat Sheet: Updated player ratings to guide your toughest lineup calls

Matchup ratings for every player in Week 9 for PPR leagues

Sports - CBS Sports - November 1

Fantasy Football Week 9 Non-PPR Cheat Sheet: Updated player ratings to guide your toughest lineup calls

Matchup ratings for every player in Week 9 for Non-PPR leagues

Sports - CBS Sports - November 1

Fantasy Football Week 10 Non-PPR Cheat Sheet: Updated player ratings to guide your toughest lineup calls

Matchup ratings for every player in Week 10 for Non-PPR leagues

Sports - CBS Sports - November 9

Fantasy Football Week 10 PPR Cheat Sheet: Updated player ratings to guide your toughest lineup calls

Matchup ratings for every player in Week 10 for PPR leagues

Sports - CBS Sports - November 9

Fantasy Football Week 11 PPR Cheat Sheet: Updated player ratings to guide your toughest lineup calls

Matchup ratings for every player in Week 11 for PPR leagues

Sports - CBS Sports - 3 days ago

Latest in CaixaBank Guides for Weaker Profitability, Resilient Income as Rates Boost Fades