Latest in Danske Bank Lifts Guidance After Net Profit Tops Hopes
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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 - 10 hours ago -
NatWest Lifts Guidance Again After Quarterly Profit Beat
The U.K. high-street bank raised its revenue and profit outlook for the second time this year after its third-quarter results topped market expectations, lifting shares to an over 13-year high.Business - The Wall Street Journal - 6 days ago -
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 -
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 - Yesterday -
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 -
ING Lifts Outlook After Profit Beat
ING raised its total income outlook for the year and said it would distribute up to $2.7 billion to shareholders after net profits topped expectations.Business - The Wall Street Journal - 10 hours ago -
Novartis Lifts Guidance Again After Key Drugs Help Results
The pharmaceutical giant raised its full-year guidance for the third time this year after higher third-quarter profit and sales topped analysts’ expectations, boosted by revenue from its key drugs.Business - The Wall Street Journal - 2 days ago -
Telia Raises Guidance After Key Metric Profit Beat
The Swedish telecommunications operator said it expected stronger growth momentum in the fourth quarter of the year and raised its guidance as it reported a slight beat on adjusted underlying ...Business - The Wall Street Journal - October 24 -
American Airlines lifts 2024 profit forecast after sales strategy shift, posts third-quarter loss
American Airlines raised its profit forecast for the year as CEO Robert Isom said the company's sales strategy shift earlier this year is paying off.Business - CNBC - October 24 -
Biogen tops estimates, raises profit guidance as Alzheimer's drug Leqembi gains traction
Leqembi, along with rare disease and depression treatments, helped offset a year-over-year decline in revenue for the company's multiple sclerosis products.Business - CNBC - Yesterday -
Biogen’s stock hit by soft sales of Alzheimer’s treatment
“We continue to see momentum with ongoing product launches and we are increasingly excited about the potential of our pipeline,” the company’s CEO said.Business - MarketWatch - Yesterday -
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 -
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 - 21 hours ago -
Iberdrola Profit Lifted by Record Investments
Spain’s energy giant Iberdrola posted a 50% rise in net profit for the first nine months of the year helped by record-high investments in its U.S. and U.K. networks.Business - The Wall Street Journal - October 23 -
GM stock has best day since 2020 after automaker tops Wall Street's third-quarter expectations, raises guidance
GM's quarterly report comes just two weeks after an investor day in which the company indicated its earnings strength is expected to continue into next year.Business - CNBC - October 22 -
Carvana raises 2024 earnings guidance after topping Wall Street's Q3 expectations
Carvana said its adjusted EBITDA would be "significantly above the high end" of its previous target of $1 billion to $1.2 billion.Business - CNBC - 20 hours ago -
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 -
Reddit shares close up 42% on profitability, rosy guidance
Reddit shares popped Wednesday, one day after the company reported rosy third-quarter results.Business - CNBC - 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 -
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 -
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 - 6 days ago -
Russell Westbrook gets back to basics, offers first glimpse of hope for fit with Nuggets in win over Nets
Westbrook scored 22 points in 21 minutes against Brooklyn on TuesdaySports - CBS Sports - Yesterday -
Michelin Lowers Guidance After Sales Fall
The market downturn in Europe was caused by customers’ weaker purchasing power due to high interest rates and uncertainties over the pace of the transition to electric vehicles, Michelin said.Business - The Wall Street Journal - October 23 -
Dassault Systemes Cuts Guidance After Earnings Disappoint
The French software maker lowered its guidance for the year after revenue and operating profit came in shy of analyst expectations in the third quarter.Business - The Wall Street Journal - October 24 -
Microsoft dips on weak guidance after beating on earnings
Microsoft reported better-than-expected results for the fiscal first quarter as Azure topped estimates. But quarterly growth guidance was light.Business - CNBC - 18 hours ago -
Bristol Myers’s stock pops as earnings top estimates and company raises guidance
The company says it “made important strides in the third quarter.”Business - MarketWatch - 5 hours ago -
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 weatherWorld - Financial Times - Yesterday -
Citigroup earnings top estimates, but stock falls as bank boosts loan loss reserves
The bank's third-quarter report was stronger than Wall Street expected but still showed a year-over-year decline in earnings.Business - CNBC - October 15 -
Goldman Sachs beats on profit and revenue as stock trading and investment banking boost results
Wall Street trading and investment banking has helped the big banks this quarter, and Goldman Sachs results showed why they are a leader in those areas.Business - CNBC - October 15 -
Profits Leap at Goldman Sachs as Banks See Steady Economy
The investment bank earned more than expected in the latest quarter, a theme for other big banks, too.Top stories - The New York Times - October 15 -
Deutsche Bank shares shed 3% as lender's swing back to profit fails to impress
The partial release of 440 million euros of litigation provisions in the third quarter helped boost profit, Deutsche Bank said.Business - CNBC - October 23 -
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 - Yesterday