Latest in Samsung profit misses estimates, falls sharply from previous quarter as costs rise
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Samsung flags chip slowdown as profit drops sharply from previous quarter
While fourth-quarter revenue and operating profit fell quarter on quarter, annual revenue reached the second-highest on record, Samsung said.CNBC - 3h -
Meta posts sharply higher Q4 profit, revenue, topping Wall Street's expectations
Meta Platforms Inc. posted sharply higher profit and revenue for its fourth quarter on Wednesday, thanks to higher ad revenue on its social media propertiesABC News - 1d -
Tesla’s Fourth-Quarter Earnings Report Sharp Drop in Profit
The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the prospects for Tesla’s self-driving technology.The New York Times - 1d -
Samsung predicts profit hit from weak chip sales as US curbs bite
World’s biggest maker of memory semiconductors expects demand recovery from second quarterFinancial Times - 5h -
Apple profits top estimates even as competition dents China iPhone sales
Silicon Valley group says there are signs rollout of AI features will boost handset demandFinancial Times - 9h -
Deutsche Bank shares drop after quarterly profit falls, cost target scrapped
Legal provisions weighed on the bottom line at Germany's largest lender Deutsche Bank, with net profit falling in the fourth quarter.CNBC - 17h -
Oil giant Shell raises dividend despite full-year profit miss
British oil giant Shell on Thursday reported a significant drop in annual profit following a year of lower crude prices.CNBC - 17h -
Shares of fashion giant H&M drop as fourth-quarter sales miss estimates
Shares of H&M dropped on Thursday after the world's second-largest retailer missed sales forecasts in the fourth quarter.CNBC - 17h -
Tesla fourth-quarter results miss estimates as automotive revenue drops 8%
Tesla reported weaker-than-expected earnings and revenue for the quarter that ended in December.CNBC - 1d -
Demand for sanctions compliance advice rises sharply
Nearly 8% of ETFs include sanctioned securities and there has been a 700% rise in such securities in past two yearsFinancial Times - 2d -
Starbucks earnings top estimates, but same-store sales decline for fourth straight quarter
Starbucks said its same-store sales fell 4%, fueled by a 6% decline in visits to its stores.CNBC - 2d -
One in five UK-listed companies warned on profits in 2024 as costs rise
Proportion is third highest this century and exceeded only by figures in 2001 and 2020Financial Times - 4d -
Power Rankings: Alabama rises as Tennessee falls
Duke and Alabama rise in the latest edition as SEC teams shift up and down the board.ESPN - 6d -
'Costs just keep rising' - jump in firms in trouble
Businesses in the most distress include those in hospitality, leisure and retail, say insolvency specialists.BBC News - 6d -
Givaudan Reports Profit Rise, Expects to Exceed Five-Year Sales Target
The flavor-and-fragrance company said full-year net profit for 2024 rose 22% to $1.2 billion, beating analyst expectations.The Wall Street Journal - Jan. 24 -
UK consumer confidence falls sharply in January
Rise in government borrowing costs and warnings of job cuts take toll on economic sentimentFinancial Times - Jan. 24 -
Boeing books charges and warns on fourth-quarter revenue and profit
Aerospace group cites $2.8bn hit from last year’s strike, lay-offs and rising defence business costsFinancial Times - Jan. 23 -
South Korea GDP misses estimates as weak consumption, construction sector drive growth to 6-quarter low
The country's economy expanded by 1.2% year on year, missing analysts' expectations of 1.4% growth.CNBC - Jan. 23 -
SK Hynix profits beat Samsung’s for first time on AI boom
South Korean chipmaker expects sales of high-bandwidth memory products to more than double this yearFinancial Times - Jan. 23 -
United Airlines' first-quarter outlook outpaces estimates after profits surge to end 2024
United topped analysts' estimates for fourth-quarter earnings and the airline's first-quarter outlook.CNBC - Jan. 22 -
Travelers Upbeat on Momentum Despite Fires as Fourth-Quarter Profit Surges
The property-and-casualty insurer said the strong results and outlook would allow it to support customers affected by the wildfires that devastated L.A.The Wall Street Journal - Jan. 22 -
easyJet Shares Fall on Expectations of Weaker Second Quarter
The airline’s stock was down after it flagged weakening revenue trends in its fiscal second quarter, despite an improved first-quarter performance.The Wall Street Journal - Jan. 22 -
Adidas Exceeds Profit Guidance After Sales Jump in Fourth Quarter
The German sporting-goods company said its operating profit climbed to €1.34 billion last year from €268 million in 2023.The Wall Street Journal - Jan. 21 -
Inside the rise and fall of the ABL
It lasted only 2½ seasons but remains an important chapter in professional women's hoops history.ESPN - Jan. 16 -
TSMC cuts profitability target as cost of diversifying supply chains bites
World’s biggest chipmaker faces less efficient operations in US and Japan but gets boost from AI demandFinancial Times - Jan. 16 -
Citigroup swings to fourth-quarter profit, tops estimates on investment banking strength
The fourth-quarter report comes after a year where Citi's stock rose almost 37%, outperforming the S&P 500.CNBC - Jan. 15 -
Goldman Sachs shares rise after topping estimates on strong trading results
Goldman's fourth-quarter results will give investors a preview of what to expect this year, as investment banking and trading fees are both expected to rise.CNBC - Jan. 15 -
Estimated Gaza Toll May Have Missed 25,000 Deaths, Study Says
Analysis found that more than 64,000 Palestinians may have been killed by traumatic injury in the first nine months of the war.The New York Times - Jan. 15 -
Estimated cost of Thames Water renationalisation questioned
Comparison with Bulb government loans gives exaggerated forecast, experts claimFinancial Times - Jan. 13 -
Monday Briefing: Number of Missing Rises in L.A.
Plus, how cured ham fixed an antique organ in France.The New York Times - Jan. 12 -
Loss estimates, including health effects and rebuilding costs, surge.
As fires raged, the economic toll of the disaster climbed into the tens of billions of dollars, according to analyst estimates.The New York Times - Jan. 9 -
Pound falls to lowest in over a year after UK borrowing costs rise
Economists have warned the rise could mean further tax hikes or spending cuts by the government.BBC News - Jan. 9 -
7-Eleven owner’s sharp profit fall adds to takeover pressure
Seven & i operating profit drops 24% as it tries to fend off $47bn buyout offer from Canada’s Couche-TardFinancial Times - Jan. 9 -
Samsung’s profit estimates disappoint as it fights for Nvidia’s AI business
Fourth-quarter earnings hit by greater investments in advanced chip manufacturingFinancial Times - Jan. 8 -
Samsung Expects Further Profit Growth Slowdown, Missing Estimates
The world’s largest maker of memory chips and smartphones said sluggish demand for conventional chips used in personal computers and mobile phones weighed on its memory business for the quarter.The Wall Street Journal - Jan. 7 -
A Timeline of Justin Trudeau’s Rise and Fall
The Canadian prime minister, who said on Monday he would step down, has spent a quarter-century in the political spotlight.The New York Times - Jan. 7 -
Reinsurance costs fall as sector deploys record capital
Decrease follows two years of bumper profits for providersFinancial Times - Jan. 2 -
Twenty missing after falling from boat in rough seas off Libya’s coast
Small vessel tilted after taking in water, according to seven survivors who reached Italian island of Lampedusa. Twenty people are missing after falling into the sea from a tilting boat after it ...The Guardian - Jan. 1
