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Latest in Swiss Re Net Profit Falls On U.S. Liability Reserve Increase

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  • Swiss Re Net Profit Falls On U.S. Liability Reserve Increase

    Swiss Re Net Profit Falls On U.S. Liability Reserve Increase

    The reinsurer said resilient underwriting and contributions from all its business lines were offset by a $2.4 billion increase in the liability reserves of its property and casualty U.S. business.
    Business - The Wall Street Journal - 14 hours ago

  • DHL Owner Net Profit Falls on Costs

    Deutsche Post reported a lower net profit on higher costs and said it expects earnings to grow in the fourth quarter, even in a muted economic environment.
    Business - The Wall Street Journal - November 5

  • 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

  • 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

  • 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 - October 31
  • Commerzbank Lifts Guidance as UniCredit Circles

    Commerzbank Lifts Guidance as UniCredit Circles

    Commerzbank lifted its full-year guidance for some key metrics and said its strategy is paying off, as UniCredit continued to signal interest in a tie-up with the German lender.
    Business - The Wall Street Journal - November 6
  • Ahold Delhaize Net Profit Misses Market Views, Issues Buyback

    Ahold Delhaize Net Profit Misses Market Views, Issues Buyback

    The Dutch grocer outlined a share buyback program, despite reporting a worse-than-expected fall in third-quarter net profit.
    Business - The Wall Street Journal - November 6
  • 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

  • TotalEnergies Profit Falls as Downstream Margins Bite

    TotalEnergies reported a sharpy-lower net profit in the third quarter on weaker refining margins, production and prices, but said output should pick up going forward.
    Business - The Wall Street Journal - October 31

  • 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 - November 5
  • BMW Posts Sharp Fall in Automotive Profitability

    BMW Posts Sharp Fall in Automotive Profitability

    BMW reported a sharp drop in profitability for its key automotive unit, hit by costs of a recall and weak demand in China, even as it forecast stronger earnings in the fourth quarter.
    Business - The Wall Street Journal - November 6
  • NetEase's Profit Falls on Weaker Gaming Revenue

    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 - 14 hours ago

  • Buying a home is 'a way to increase your net worth over time,' top-ranked advisor says

    Homeowners generally have a higher net-worth than renters. But the equity does not appear overnight. Here's what to consider, experts say.
    Business - CNBC - October 29

  • CVS beats revenue views, but profit missed due to a $1.1 billion reserve charge

    CVS’s stock surges after revenue rose well above expectations, while profit missed because of a large charge premium deficiency reserves charge.
    Business - MarketWatch - November 6

  • Intrum seeks U.S. bankruptcy protection to restructure $4.7 billion net debt

    Intrum, Europe's biggest debt collector, said on Friday it will file for voluntary Chapter 11 bankruptcy protection in the United States as it seeks to restructure its own finances. The company ...
    Sports - Yahoo Sports - October 18
  • Netanyahu holds emergency meeting on Gaza aid as U.S. ramps up pressure

    Netanyahu holds emergency meeting on Gaza aid as U.S. ramps up pressure

    Some 41% of people in Gaza will face "catastrophic" levels of hunger in the coming months, a global authority on food security warned Thursday.
    Top stories - NBC News - October 17
  • Blinken Renews Push for Middle East Truce, and U.S. Abortions Increase

    Blinken Renews Push for Middle East Truce, and U.S. Abortions Increase

    Plus, a radical approach to flooding in England.
    Top stories - The New York Times - October 23

  • Israel faces U.S. deadline to dramatically increase flow of aid to Gaza

    The White House gave Israel 30 days to hugely increase the amount of humanitarian aid getting into Gaza. That deadline is approaching fast.
    World - CBS News - 3 days ago

  • Israel facing U.S.-imposed deadline Wednesday to increase flow of Gaza aid

    Israel is facing a Wednesday deadline to comply with the Biden administration's deadline to increase aid to Gaza or face restrictions on American military support. CBS News senior foreign ...
    Top stories - CBS News - 3 days ago

  • The U.S. Warned Israel to Increase Gaza Aid. The Results Are in Dispute.

    The Biden administration says Israel has taken steps to improve humanitarian situation, but aid groups say conditions are dire.
    World - The Wall Street Journal - 2 days ago
  • Truck maker Volvo's Q3 adjusted profit falls more than expected

    Truck maker Volvo's Q3 adjusted profit falls more than expected

    Adjusted operating profit was 14.1 billion crowns ($1.34 billion against a year-earlier 19.3 billion and a mean forecast in an LSEG poll of analysts of 15.6 billion, on a sales drop of 12%. Volvo ...
    Sports - Yahoo Sports - October 18

  • 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
  • Beyoncé brings star power as Kamala Harris touts ‘freedom’ in Texas

    Beyoncé brings star power as Kamala Harris touts ‘freedom’ in Texas

    Vice-president seeks to energise women voters as White House race against Donald Trump tightens
    Business - Financial Times - October 26
  • Nasdaq hits record high as tech stocks rebound from summer sell-off

    Nasdaq hits record high as tech stocks rebound from summer sell-off

    Sharp turnaround from 15% slide as investors make ‘heads I win, tails you lose’ bet
    Business - Financial Times - October 25
  • PwC profits fall in Asia after scandals in China and Australia

    PwC profits fall in Asia after scandals in China and Australia

    Big Four firm reports slower global growth as regional woes compound consulting industry slowdown
    Business - Financial Times - October 29

  • 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
  • BP Profit Falls, but It Still Sees ‘Potential to Grow’ in Oil and Gas

    BP Profit Falls, but It Still Sees ‘Potential to Grow’ in Oil and Gas

    The energy giant’s chief executive, Murray Auchincloss, has taken a profit-oriented approach and said in an interview that the company’s “principal aim” was increasing earnings.
    Business - The New York Times - October 29

  • Caterpillar’s stock falls as weak equipment sales lead to a rare profit miss

    Caterpillar’s stock fell after a rare profit miss, while revenue was below expectations for a fourth straight quarter.
    Business - MarketWatch - October 30
  • Exxon and Chevron suffer profit falls on lower oil prices

    Exxon and Chevron suffer profit falls on lower oil prices

    Cheaper commodities and weaker refining margins hit earnings after bumper performances in 2022 and 2023
    Business - Financial Times - November 1
  • NAB Raises Dividend Despite a 6.1% Fall in Annual Profit

    NAB Raises Dividend Despite a 6.1% Fall in Annual Profit

    National Australia Bank raised its dividend despite a 6.1% fall in annual profit on lower lending margins and higher costs.
    Business - The Wall Street Journal - November 6
  • Pinterest Stock Falls Despite Rise in Third-Quarter Profit, Revenue

    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

  • Starboard Value's Jeff Smith says Salesforce has 'a lot more to go' and can increase profitability

    Salesforce has become more profitable in the past few years, but one activist investor says there's more for the software company to do.
    Business - CNBC - October 22

  • Coca-Cola’s stock falls as unit case volume surprisingly falls after ‘poor’ July

    Coca-Cola’s stock turns lower as earnings beat expectations because another big increase in price helped offset a surprise decline unit case volume.
    Business - MarketWatch - October 23

  • McDonald's reverses U.S. same-store sales declines in the third quarter, but E. coli fallout looms

    Shares of McDonald's have fallen 6% since its Quarter Pounder burgers were linked to a deadly E. coli outbreak.
    Business - CNBC - October 29

  • UBS smashes forecasts with bumper profit, warns of volatility around U.S. elections

    The Swiss bank’s profits were boosted by the ongoing integration of wealth management accounts previously run by its main rival Credit Suisse
    Business - MarketWatch - October 30

  • Chinese IPOs in the U.S. and Hong Kong are set to increase next year, analysts say

    A few high-profile Chinese listings outside the mainland are adding to expectations for a pickup in initial public offerings next year.
    Business - CNBC - October 28
  • China has increased military flights near Taiwan by 300%, U.S. general says

    China has increased military flights near Taiwan by 300%, U.S. general says

    Gen. Kevin Schneider, a top US commander in the region, told NBC News that Chinese military flights have increased dramatically since Taiwan’s new president took office in May.
    Politics - NBC News - 6 days ago

  • U.S. industrial output falls in September, held down by Boeing strike and hurricanes

    U.S. industrial production fell 0.3% in September, held down by the strike at Boeing Co and by the two recent hurricanes, the Federal Reserve reported Thursday.
    Business - MarketWatch - October 17
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  • Swiss Re Net
  • Re Net Profit
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