Latest in Downstream Margins
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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 - 13 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 -
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 -
Burst of trades inflates Trump’s margin in election prediction markets
Small group of bettors lifts odds of Republican victory to 62 per cent on cryptocurrency-based PolymarketBusiness - Financial Times - October 18 -
Moldova says 'Yes' to pro-EU constitutional changes by tiny margin
Moldovans vote narrowly to push on with EU membership and reject keeping close ties to Russia.Top stories - BBC News - October 21 -
Moldova Referendum on Goal of E.U. Membership Passes by a Thin Margin
A referendum that constitutionally enshrines a national objective to join the E.U. passed by a thin margin. The incumbent pro-E.U. president won the most votes in a concurrent election, but faces a ...World - The New York Times - October 21 -
Southwest Airlines beats on revenue by a wide margin, names new board members
Southwest reported a relatively big revenue beat and reached an agreement with activist investor Elliott to add new board members.Business - MarketWatch - October 24 -
Lilly’s Mounjaro, Zepbound drugs see strong demand. So why did sales disappoint?
Eli Lilly’s stock heads for biggest selloff in more than three years after sales of anti-obesity drugs Mounjaro and Zepbound came up well short of forecasts.Business - MarketWatch - Yesterday -
Dodgers hold off Yankees to secure first World Series title since 2020
nullSports - ESPN - 17 hours ago -
Wendy’s stock falls as same-restaurant sales miss again, by a wide margin
Shares of Wendy’s Co. were knocked lower on Thursday after the fast-food burger chain missed same-restaurant sales expectations again, by the widest margin in more than four years.Business - MarketWatch - 7 hours ago -
Amazon's cloud unit records highest profit margin in at least a decade
Amazon Web Services delivered an operating margin of over 38%, the highest since at least 2014.Business - CNBC - 43 minutes ago -
McLaren’s ‘tea tray’ complaints show F1 row is brewing in title fight
Tensions are rising over technical regulations in the build-up to the US Grand Prix with rivals desperate to gain an edge. Fans can be forgiven for switching off when Formula One descends into one ...World - The Guardian - October 19 -
Robinhood rolls out high-risk margin trading in the UK after getting regulator nod
Robinhood said Monday that it's rolling out margin investing — or the ability for investors to borrow cash to augment their trades — in the U.K.Business - CNBC - October 21