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Latest in Saudi oil giant Aramco posts third quarter profits of $27.5 billion, down 15% from a year earlier

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  • Saudi oil giant Aramco posts third-quarter profits of $27.5 billion, down 15% from a year earlier

    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 revenues
    World - ABC News - 4 hours ago

  • 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 - 5 hours ago

  • 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 - 4 hours ago

  • 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 - 6 days ago

  • 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 - 4 days ago

  • Saudi Aramco Profit Falls on Oil-Price Weakness

    The oil company said lower oil prices and refining margins pushed down profit, adding it plans to pay dividends of $31.05 billion.
    Business - The Wall Street Journal - 5 hours ago
  • Over 100 women's soccer players protest FIFA deal with Saudi oil giant Aramco

    Over 100 women's soccer players protest FIFA deal with Saudi oil giant Aramco

    Former U.S. national team captain Becky Sauerbrunn and Netherlands forward Vivianne Miedema are among more than 100 women’s soccer players who have signed an open letter protesting FIFA’s ...
    Sports - ABC News - October 21

  • World’s largest sovereign wealth fund posts $76 billion in quarterly profit as interest rates fall

    Norway's gigantic sovereign wealth fund on Tuesday reported third-quarter profit of 835 billion Norwegian kroner ($76.3 billion).
    Business - CNBC - October 22

  • 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 - 5 days ago

  • Meta’s Reality Labs posts $4.4 billion loss in third quarter

    Meta's Reality Labs unit, which develops augmented and virtual reality technologies, logged an operating loss of $4.4 billion in the third quarter.
    Business - CNBC - 5 days ago

  • 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

  • Barclays shares hit nine-year high after third quarter profit jumps 23%, beating expectations

    British bank Barclays on Thursday reported £1.6 billion ($2 billion) net profit attributable to shareholders for the third quarter, beating expectations.
    Business - CNBC - October 24
  • Wall Street Financiers Queue Up for a Chance at Billions in Saudi Oil Cash

    Wall Street Financiers Queue Up for a Chance at Billions in Saudi Oil Cash

    Are you an international business titan on the hunt for billions of dollars of Saudi oil cash? Prepare for “a mind game.”
    Business - The New York Times - 1 hour ago
  • Wall Street Financiers Queue Up for a Chance at Billions in Saudi Oil Cash

    Wall Street Financiers Queue Up for a Chance at Billions in Saudi Oil Cash

    Are you an international business titan on the hunt for billions of dollars of Saudi oil cash? Prepare for “a mind game.”
    Top stories - The New York Times - 1 hour ago

  • Tesla Surprises Wall Street With Strong Third-Quarter Results

    The robust performance comes after a tumultuous start to the year in which Tesla’s profit fell for two straight quarters.
    Business - The Wall Street Journal - October 24

  • 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

  • TotalEnergies forecasts 66% drop in its third-quarter oil-refining margins

    The French oil company’s warnings comes on the back of a slump in the global market for products including jet fuel, diesel and gasoline that saw BP and Shell post similar warnings last week.
    Business - MarketWatch - October 15
  • Wall Street banks enjoy bumper fees as debt issuance and deals activity rebound

    Wall Street banks enjoy bumper fees as debt issuance and deals activity rebound

    Morgan Stanley rounds off strong earnings season
    Business - Financial Times - October 16

  • 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
  • Deutsche Bank warns of rising bad loan provisions

    Deutsche Bank warns of rising bad loan provisions

    German lender posts record third-quarter profits but tells investors to brace again for credit risks
    Business - Financial Times - October 23
  • Tesla’s Shares Surge 20% After Strong Earnings and Outlook

    Tesla’s Shares Surge 20% After Strong Earnings and Outlook

    The company said profits climbed 17 percent in the third quarter. It expects car sales to rise up to 30 percent next year when it plans to begin selling new models.
    Business - The New York Times - October 24

  • 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

  • Hasbro’s third-quarter profit beats expectations, but its stock slips

    Hasbro Inc.’s third-quarter profit beat expectations Thursday, fueled by its gaming and licensing businesses shares, but the toy maker’s stock is down 4%.
    Business - MarketWatch - October 24

  • 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 - 5 days ago

  • Women's stars urge FIFA end Saudi Aramco deal

    A group of over 100 professional women's footballers on Monday sent an open letter to FIFA urging the world governing body to end its partnership with oil and gas conglomerate Saudi Aramco.
    Sports - ESPN - October 22

  • Coinbase drops 15% after earnings, posts worst day in more than two years

    Coinbase slid a day after reporting weak earnings and gave a tepid revenue outlook.
    Business - CNBC - 4 days ago

  • Morgan Stanley shares pop 7% after beating estimates for third-quarter profit and revenue

    Morgan Stanley has several tail winds in its favor, from high stock values to a rebound in investment banking and strong trading activity.
    Business - CNBC - October 16

  • Nvidia and Apple supplier TSMC shares pop after quarterly profit soars on AI demand

    TSMC, the world’s largest producer of advanced chips, posted a 54% hike in third-quarter profit.
    Business - CNBC - October 18

  • Deutsche Bank shares fall on doubling of third-quarter loan losses but profits rise

    Deutsche Bank’s pre-tax profits were lifted by a reduction in the provisions it has set aside to settle litigation related to its Postbank acquisition
    Business - MarketWatch - 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 - 5 days ago
  • Meta's third-quarter profit surges 35% reflecting strong ad revenue and its AI push

    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 intelligence
    Tech - ABC News - 5 days ago

  • U.S. oil posts worst day in two years after Israel spares Iran crude facilities

    Oil prices lost ground on Monday after Iranian energy facilities were spared during an Israeli attack over the weekend.
    Business - CNBC - October 28
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  • Oil Giant Aramco
  • Giant Aramco Posts
  • Aramco Posts Third
  • Posts Third Quarter
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