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Equinor's Key Profit Measure Lags Forecasts on Lower Oil Prices and Volumes
The Norwegian energy major reported a sharper-than-expected decline in underlying profit for the third quarter as a drop in oil prices and sales volumes offset resilient gas production.Business - The Wall Street Journal - 6 days ago -
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 - 6 days ago -
Telia Raises Guidance After Key Metric Profit Beat
The Swedish telecommunications operator said it expected stronger growth momentum in the fourth quarter of the year and raised its guidance as it reported a slight beat on adjusted underlying ...Business - The Wall Street Journal - 6 days ago -
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 - 6 days ago -
Southwest Airlines profit tops estimates, company expects higher revenue in fourth quarter
Southwest said travel demand remains healthy and it expects unit revenue for the fourth quarter to grow 3.5% to 5.5%.Business - CNBC - 6 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 - 6 days ago -
Mercedes-Benz and Porsche look for cost cuts after China slump hits profits
German carmakers exposed to Asian nation’s economic malaise after benefiting from its booming auto marketBusiness - Financial Times - 5 days ago -
NatWest Lifts Guidance Again After Quarterly Profit Beat
The U.K. high-street bank raised its revenue and profit outlook for the second time this year after its third-quarter results topped market expectations, lifting shares to an over 13-year high.Business - The Wall Street Journal - 5 days ago -
Eni Cuts Profit Outlook on Weak Prices, Lifts Buybacks
Eni lowered its guidance for the year due to a decline in oil prices which also hit the Italian energy major’s third-quarter profits, but said it planned to increase its share buy backs.Business - The Wall Street Journal - 5 days ago -
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 tightensBusiness - Financial Times - 4 days ago -
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’ betBusiness - Financial Times - 4 days ago -
How United is trying to overtake Delta as the world's most profitable airline
United Airlines has been trying to expand its profits by investing heavily in roomier seats and growing a network that will excite high-spending travelers.Business - CNBC - 2 days ago -
China's industrial profits plunge at fastest pace since the pandemic
The country's industrial profits declined 27.1% year-on-year in September.Business - CNBC - 2 days ago -
How Taxpayers Are Helping Health Insurers Make Even Bigger Profits
Local governments often face extra fees when employees get out-of-network medical care, but some don’t track the insurance charges or even know about them.Business - The New York Times - 2 days ago -
NHS in England to receive £1.5bn next year to boost appointments
Fresh funding comes as part of wider package which will be set out by Reeves in Budget on WednesdayBusiness - Financial Times - Yesterday -
PwC profits fall in Asia after scandals in China and Australia
Big Four firm reports slower global growth as regional woes compound consulting industry slowdownBusiness - Financial Times - Yesterday -
HSBC chief says east-west division will not lead to ‘any split’
Georges Elhedery embarks on sweeping overhaul of lender as part of cost-cutting driveBusiness - Financial Times - Yesterday -
BP reports lowest quarterly profit since pandemic on weak oil prices
Energy group pledges to review share buyback plan in February after latest $1.75bn repurchaseBusiness - Financial Times - Yesterday -
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 - Yesterday -
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 - Yesterday -
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 - Yesterday -
Adani Enterprises profit rockets on growing airports and green business
Quarterly results boost Gautam Adani’s conglomerate as it seeks to bounce back from damaging allegationsWorld - Financial Times - Yesterday -
BP's Profit Hits Four-Year Low on Commodity Market Weakness
BP’s profit tumbled in the third quarter, although less than expected, as weak oil prices and refining margins continue to weigh on the energy sector.Business - The Wall Street Journal - Yesterday -
Google’s strong earnings boosted by cloud computing gains
Parent company Alphabet’s shares rise 6% as results show lift from AI demandBusiness - Financial Times - 7 hours ago