Latest in Clariant Third Quarter Profits Miss Expectations
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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 -
Swiss bank UBS smashes third-quarter expectations with $1.4 billion in profit
Swiss banking titan UBS on Wednesday posted a large profit beat, after completing its first wave of client migrations following its integration of collapsed domestic rival Credit Suisse.Business - CNBC - October 30 -
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 -
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 -
Rivian lowers earnings guidance after missing Wall Street's third-quarter expectations
Rivian Automotive missed Wall Street's third-quarter expectations, including a massive difference in revenue of $116 million.Business - CNBC - November 7 -
Volkswagen profit plunges 42% in third quarter amid sweeping overhaul plans
German automaker Volkswagen on Wednesday reported a 42% drop in operating profit in the third quarter.Business - CNBC - October 30 -
Pinterest Stock Falls Despite Rise in Third-Quarter Profit, Revenue
The social-media platform’s revenue jumped 18% year over year, slightly above Wall Street’s forecast.Business - The Wall Street Journal - November 7 -
Coinbase shares fall as muted crypto trading leads to a third-quarter miss
Coinbase Wednesday reported weaker-than-expected third-quarter results, weighed down by muted trading in the cryptocurrency market.Business - CNBC - October 31 -
Euro zone growth hits two-year high of 0.4%, beating expectations
Economists polled by Reuters expected 0.2% growth following the bloc's 0.3% expansion in the second quarter.Business - CNBC - October 30 -
U.S. economy grew at a 2.8% pace in the third quarter, less than expected
Gross domestic product was expected to increase at a 3.1% annualized pace in the third quarter.Business - CNBC - October 30 -
The U.S. economy grew at a 2.8% pace in the third quarter, less than expected
The U.S. economy posted another solid though slightly disappointing period of growth in the third quarter, propelled higher by strong consumer spending that has defied expectations for a slowdown.Top stories - NBC News - October 30 -
Uber reports third-quarter results that beat Wall Street's revenue expectations
Uber reported third-quarter results Thursday that beat analysts' expectations for revenue.Business - CNBC - October 31 -
Burger King parent Restaurant Brands falls short of third-quarter expectations
Net sales climbed 24.7%, largely thanks to the company's acquisitions of its largest U.S. Burger King franchisee and its Popeyes business in China.Business - CNBC - November 5 -
UK economy surprises with September contraction, grows just 0.1% in the third quarter
The U.K. economy showed a surprise contraction in September and only marginal growth in the third quarter, initial figures showed Friday.Business - CNBC - November 15 -
Baidu posts 3% drop in third-quarter revenues, beating market expectations
Beijing-based Baidu operates one of the major web browser search engines in China, along with a frequently used maps app.Business - CNBC - 2 days ago -
Peloton raises its full-year profit guidance, but expects the holiday quarter to be softer than expected
Peloton's cash flows are improving, but it's expecting to sell fewer bikes and treadmills during its holiday quarter than Wall Street expected.Business - CNBC - October 31 -
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 -
Meta's third-quarter profit surges 35% reflecting strong ad revenue and its AI push
Meta Platforms Inc. has posted stronger-than-expected third-quarter results fueled by its advertising revenue growth and its push to incorporate artificial intelligenceTech - ABC News - October 30 -
Saudi oil giant Aramco posts third-quarter profits of $27.5 billion, down 15% from a year earlier
Saudi Arabian oil giant Aramco has reported third-quarter profits of $27.5 billion, down about 15% from last year as low oil prices ate into its revenuesWorld - ABC News - November 5 -
Nintendo profit plunges 69% as it cuts forecast for sales of ageing Switch console
Investors are waiting for news surrounding a successor to the Switch which they hope will re-energize Nintendo's gaming business.Business - CNBC - November 5 -
Oil giant Saudi Aramco posts 15% drop in third-quarter profit but maintains dividend
Lower global oil prices, weaker demand and prolonged OPEC+ production cuts led by Saudi Arabia continue to impact crude prices.Business - CNBC - November 5 -
Ford guides to low end of 2024 earnings forecast as it slightly tops Wall Street's third-quarter expectations
Ford guides to low end of 2024 earnings forecast as it slightly tops Wall Street's Q3 expectationsBusiness - CNBC - October 29 -
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 -
AMC reports better-than-expected Q3 results amid improving box office
AMC Entertainment Holdings reported better-than-expected third-quarter revenue and a narrower loss after market close Wednesday, with the movie-theater chain and original meme stock pointing toward ...Business - MarketWatch - November 7 -
Lucid slightly tops Wall Street's third-quarter expectations amid widening losses
The company's net loss for the third quarter widened to $992.5 million compared to a loss of $630.9 million a year earlier.Business - CNBC - November 7 -
Novavax’s stock slides 7% as guidance cut offsets narrower-than-expected third-quarter loss
Novavax Inc.’s stock fell 4% Tuesday after the company cut its full-year guidance, offsetting a narrower-than-expected third-quarter loss and better-than-expected revenue.Business - MarketWatch - November 12 -
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 - November 6 -
UK economy stalls in third quarter
GDP shrinks in September, highlighting challenges for Labour’s growth promisesBusiness - Financial Times - November 15 -
Eurozone economy grows 0.4% in third quarter
Figure beats expectations of 0.2% expansionBusiness - Financial Times - October 30 -
GDP Report Shows US Economy Grew at 2.8% Rate
In a key economic report released just days before the presidential election, gross economic product rose at a 2.8 percent rate in the third quarter.Business - The New York Times - October 30 -
US GDP rose at a 2.8% rate in third quarter on strong consumer spending
Final reading before presidential election was shy of expectations, but shows biggest economy is in robust healthBusiness - Financial Times - October 30