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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 - 6 days ago -
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 - 6 days ago -
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 - 5 days ago -
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 - 5 days ago -
BNP profits rise driven by global markets business
Eurozone’s biggest bank posts gains for third quarter across equities and fixed-income tradingBusiness - Financial Times - 5 days ago -
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 - 5 days ago -
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 - 5 days ago -
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 - 5 days ago -
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 - 5 days ago -
Ryanair profit drops as airline cuts passenger forecast
European low-cost carrier blames pressure on consumers for fall in faresBusiness - Financial Times - Yesterday -
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 - 16 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 - 16 hours ago -
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 - 14 hours ago -
General Motors’ stock jumps after big profit beat, progress on EV profits
GM’s stock rallies toward a multiyear high after profit beat by a wide margin and the full-year outlook was raised.Business - MarketWatch - October 22 -
Lions DE Aidan Hutchinson carted off the field with a gruesome lower leg injury
Aidan Hutchinson has been one of the best defensive players in the NFL.Sports - Yahoo Sports - October 13 -
Hedge-fund manager who could be Trump Treasury secretary says tariffs can be negotiated lower
A hedge-fund manager who is reported to be in the running to be Treasury secretary if former President Donald Trump is re-elected said in an interview that a proposed across-the-board tariff rise — ...Business - MarketWatch - October 14 -
Fed Governor Waller sees need for 'more caution' ahead when lowering interest rates
Waller on Monday signaled that future interest rate cuts will be less aggressive than the big move in September.Business - CNBC - October 14 -
Fed Governor Christopher Waller sees need for more caution when lowering interest rates
Federal Reserve Governor Christopher Waller on Monday signaled that future interest rate cuts will be less aggressive than the big move in September as he expressed concern that the economy could ...Top stories - NBC News - October 14 -
UBS has just lowered earnings estimates — and raised its S&P 500 target
UBS on Tuesday issued an unusual pairing, reducing its estimates for earnings growth while at the same time lifting its S&P 500 target for this year and next.Business - MarketWatch - October 15 -
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 -
CVS cuts outlook yet again — while swapping out CEO for a company veteran
“The shift in management is not surprising as the company looks to level set its operations and strategically position itself for future growth,” analyst said.Business - MarketWatch - October 18