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Latest in Billion Profit

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530 items
  • Amazon Stock Jumps After Earnings Report Record $15.3 Billion Profit

    Amazon Stock Jumps After Earnings Report Record $15.3 Billion Profit

    The tech giant’s cloud computing business picked up steam and its retail business showed resiliency.
    Business - The New York Times - October 31

  • 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
  • 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 - November 5

  • 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
  • 'Exploitative' children's home profits to be curbed

    'Exploitative' children's home profits to be curbed

    The new measures aim to stop private care home providers benefiting excessively from a stretched system.
    Top stories - BBC News - 5 days ago
  • Chase Revenue Versus Build Profit

    Chase Revenue Versus Build Profit

    Five ways to strike the balance for sustainable growth.
    Business - Inc. - 5 days ago

  • MicroStrategy buys $2 billion in bitcoin in 10 days. Is there $42 billion to go?

    Shares of MicroStrategy Inc. entered record territory Monday for the first time in 24 years, as the self-proclaimed largest corporate holder of bitcoin continued to ride the postelection frenzy in ...
    Business - MarketWatch - November 11
  • Billions of levelling-up cash in limbo

    Billions of levelling-up cash in limbo

    Towns and cities call on the Labour government to deliver the funds promised for vital regeneration.
    Top stories - BBC News - October 27

  • Mass deportation could cost billions

    Bankrolling mass deportation would be costly. It would also require a lot more manpower.
    Top stories - CBS News - October 27
  • NatWest profits rise by a quarter as lending and deposits grow

    NatWest profits rise by a quarter as lending and deposits grow

    Bank also sets aside £245mn in provisions for bad loans, higher than expectations of £173mn
    Business - Financial Times - October 25
  • China’s industrial profits plunge as economic momentum falters

    China’s industrial profits plunge as economic momentum falters

    Steep monthly decline in September comes as policymakers battle to restore confidence
    Business - Financial Times - October 27

  • FirstFT: Twin scandals hit PwC’s Asia profits

    Also in today’s newsletter, the fallout from the Madison Square Garden rally and what happened to Project 2025?
    World - Financial Times - October 29
  • In Botswana’s Election, Diamond Profits Are a Defining Issue

    In Botswana’s Election, Diamond Profits Are a Defining Issue

    The party that has governed the country since 1966 could lose power as the economy struggles from a slump in demand for diamonds, which made Botswana an African success story.
    World - The New York Times - October 29

  • 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

  • Santander's Profit Beats Expectations on Lower Provisions, Costs

    Spain’s largest bank by market capitalization reported a 12% on-year increase in net profit for the three months ended Sept. 30, as lighter provisions and costs helped offset the impact from the ...
    Business - The Wall Street Journal - October 29
  • UK borrowing costs hit post-election high on eve of Reeves’ first Budget

    UK borrowing costs hit post-election high on eve of Reeves’ first Budget

    Chancellor will draw parallels with Tony Blair government’s efforts to repair country’s social fabric in late 1990s
    Business - Financial Times - October 30
  • StanChart to double investment in wealth management as profits rise

    StanChart to double investment in wealth management as profits rise

    Wealth business had record quarter as revenues rose 32%
    Business - Financial Times - October 30
  • UBS reports better than expected profits

    UBS reports better than expected profits

    Swiss bank’s markets business helped by increase in volatility
    Business - Financial Times - October 30
  • Volkswagen profit plunges 64% as China sales slide

    Volkswagen profit plunges 64% as China sales slide

    Europe’s largest carmaker highlights ‘urgent need’ for cost reductions and efficiency gains
    Business - Financial Times - October 30

  • 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 weather
    World - Financial Times - October 30
  • Volkswagen Profit Shrinks as Unions Threaten Strike

    Volkswagen Profit Shrinks as Unions Threaten Strike

    Germany’s biggest automaker said its profit dropped 42 percent in the third quarter, as union leaders warned that workers were ready to walk out over a wage dispute.
    Business - The New York Times - October 30

  • 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 - October 30

  • Samsung Sees Progress in Memory Chips for AI After Delays

    The South Korean tech giant reported better-than-expected net profit but earnings in its core semiconductor business shrank sharply.
    Tech - The Wall Street Journal - October 31

  • Aker Solutions Upbeat Despite Profit Miss

    Aker Solutions reported below-forecast third-quarter results but said its outlook remained positive with high tender activity.
    Business - The Wall Street Journal - October 31
  • BNP profits rise driven by global markets business

    BNP profits rise driven by global markets business

    Eurozone’s biggest bank posts gains for third quarter across equities and fixed-income trading
    Business - Financial Times - October 31

  • 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

  • Maersk Profit Rises as Red Sea Disruptions Continue

    Maersk’s third-quarter net profit jumped after continued disruptions in the Red Sea shipping lanes pushed freight rates higher.
    Business - The Wall Street Journal - October 31

  • 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 - October 31
  • Ryanair profit drops as airline cuts passenger forecast

    Ryanair profit drops as airline cuts passenger forecast

    European low-cost carrier blames pressure on consumers for fall in fares
    Business - Financial Times - November 4

  • 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

  • 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
  • Primark owner profits jump despite summer washout

    Primark owner profits jump despite summer washout

    It said clothes sales in the UK and Ireland grew despite dampened demand for beach and swimwear.
    Top stories - BBC News - 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
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