Latest in Lower Profits Demand
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Nintendo reports lower profits as demand drops for its aging Switch console
Nintendo, the Japanese video game maker behind the Super Mario franchise, says its profit fell 60% in the first half of the fiscal year, as demand waned for its Switch console, now in its eighth ...Entertainment - ABC News - 4 hours ago -
Moncler Revenue Falls on Lower Demand in Asia, Europe
The Italian fashion group said the results were hit by lower consumer confidence in several markets, as the luxury industry continues to grapple with a period of volatility.Business - The Wall Street Journal - 6 days ago -
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 -
UnitedHealth’s stock rocked as a big jump in medication costs hurt profitability
UnitedHealth’s stock was having its worst day in more than four years on Tuesday, after the healthcare giant beat third-quarter profit and revenue expectations but missed on medical-care ...Business - MarketWatch - October 15 -
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 - October 24 -
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 -
Exxon and Chevron suffer profit falls on lower oil prices
Cheaper commodities and weaker refining margins hit earnings after bumper performances in 2022 and 2023Business - Financial Times - 4 days ago -
Ryanair profits plunge amid lower fares and Boeing delays
Problems with delivery of 737 aircraft left airline ‘over-crewed and over-costed’, says CEO Michael O’Leary. Business live – latest updates Ryanair’s profits have dropped by nearly a fifth, as ...World - The Guardian - Yesterday -
TSMC beats forecasts with 54% surge in profits on soaring AI demand
Taiwan Semiconductor Manufacturing Co said its sales were boosted by strong demand from smartphone makers and artificial intelligence firmsBusiness - MarketWatch - October 17 -
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 -
Winnebago’s stock rocked by a big profit miss, due to ‘sluggish’ retail demand
Winnebago’s stock sinks after a big profit miss for its fiscal fourth quarter, which offset a revenue beat.Business - MarketWatch - October 23 -
Musk’s $1mn-a-day voter giveaway could violate US law, DoJ warns
Billionaire Trump backer has targeted swing states with contest ahead of presidential electionBusiness - Financial Times - October 24 -
SK Hynix Profit Momentum Continues on AI-Chip Demand
SK Hynix posted record earnings in the third quarter as it continued to ride strong demand for powerful computing chips to support artificial-intelligence applications.Tech - The Wall Street Journal - October 23 -
Asylum housing provider Clearsprings’ profits jump on high demand
Bumper profits risk fuelling government concerns over large amounts paid to private companies to handle politically sensitive issueWorld - Financial Times - 3 days ago -
Oil prices down for 4th straight session as traders weigh supply and demand
Crude futures on Wednesday marked a fourth straight session of declines, with prices holding ground at their lowest in two weeks as traders focused on an uncertain demand outlook — particularly ...Business - MarketWatch - October 16 -
Lower oil and natural gas prices, higher electricity demand expected over next five years: IEA
Natural gas and oil prices are likely to decline in the second half of the decade, but unexpectedly high worldwide demand for electricity will complicate efforts to reduce greenhouse gas emissions, ...Politics - The Hill - October 16 -
Nvidia supplier SK Hynix posts record quarterly profit as AI boom drives demand
Revenue for the third quarter grew about 94% year-on-year.Business - CNBC - October 24 -
ECB lowers rates to 3.25% as inflation slows
Christine Lagarde says Eurozone’s central bankers are close to ‘breaking the neck’ of soaring price pressuresBusiness - Financial Times - October 17 -
What Lower Inflation Means For You
There’s been a surprise fall in the rate at which prices increaseTop stories - BBC News - October 16 -
Ozempic lowers Alzheimer’s risk: Research
The diabetes and weight loss drug Ozempic could lower the risk of Alzheimer's disease among people with Type 2 diabetes, according to a new study published Thursday. Alzheimer’s disease is the ...Politics - The Hill - October 24 -
Money Market Rates Are Lower, Yes. But Compared to What?
Even with further Fed rate cuts likely, money market funds are a good alternative for stashing cash, and investors are still flocking to them, our columnist says.Business - The New York Times - October 18 -
Biden delivers remarks on lowering prescription drug costs
Watch live coverage as President Biden travels to New Hampshire to deliver remarks on his administration's efforts to lower the cost of prescription drugs.Top stories - NBC News - October 22 -
Air Liquide Revenue Hit by Lower Energy Prices
Air Liquide reported a drop in revenue for the third quarter and missed analysts’ expectations due to lower energy prices and negative currency effects.Business - The Wall Street Journal - October 23 -
Michelin Lowers Guidance After Sales Fall
The market downturn in Europe was caused by customers’ weaker purchasing power due to high interest rates and uncertainties over the pace of the transition to electric vehicles, Michelin said.Business - The Wall Street Journal - October 23 -
Mattel, Hasbro lower guidance ahead of holiday season
Toy giants Mattel and Hasbro decreased 2024 guidance prior to the holiday season as toy sales continue to fall during the third quarter.Business - CNBC - October 24 -
Harris vs. Trump on lowering health care costs
Presented by Alliance for Aging Research — McDonald's E.coli issue worsens {beacon} Health Care Health Care The Big Story Harris vs. Trump: lowering health care costs The economy and health ...Politics - The Hill - October 25 -
'Alarming' - creators hit back at Instagram lowering quality of less viewed videos
The revelation has sparked concern among some creators it may impact their reach on the platform.Top stories - BBC News - October 29 -
Sugar Rationing Lowered Diabetes and Hypertension in British Children
British data shows that children conceived and born during a period of sugar rationing were less likely to develop diabetes or high blood pressure later in life.Health - The New York Times - 4 days ago -
Expert tips on lowering election-related stress
Between assassination attempts, a last-minute candidate switch and ongoing personal attacks, the nail-biter 2024 election has some Americans stressed out. In fact, the American Psychological ...Top stories - CBS News - 2 days ago -
Ashley demands to be made Boohoo chief
Tycoon’s Frasers Group claims fast-fashion retailer is being ‘mismanaged’ after building 27% stakeBusiness - Financial Times - October 24 -
Iberdrola Profit Lifted by Record Investments
Spain’s energy giant Iberdrola posted a 50% rise in net profit for the first nine months of the year helped by record-high investments in its U.S. and U.K. networks.Business - The Wall Street Journal - October 23