Nudges Higher Profit

Labour hedge fund donor’s profits drop 76% after restructure

Quadrature made largest single donation to party after UK election called in May

Business - Financial Times - Yesterday

OpenAI Speaks to California Attorney General About Becoming For-Profit Company

A new report says CEO Sam Altman’s efforts to shed its nonprofit AI research lab status are moving forward.

Business - Inc. - Yesterday

Commerzbank Lifts Guidance as UniCredit Circles

Commerzbank lifted its full-year guidance for some key metrics and said its strategy is paying off, as UniCredit continued to signal interest in a tie-up with the German lender.

Business - The Wall Street Journal - 15 hours ago

Toyota Motor Cuts Sales Forecast After Quarterly Profit Halves

The Japanese auto giant cut its annual forecast for group vehicle sales after its second-quarter profit more than halved due partly to weaker sales globally.

Business - The Wall Street Journal - 19 hours ago

Credit Agricole's Shares Fall After Mixed Results

Credit Agricole reported a smaller-than-expected fall in net profit for the third quarter of 2024 but softer revenue missed views, sending its shares lower.

Business - The Wall Street Journal - 12 hours ago

We're locking in profits on 2 stocks that are surging on Trump's election win

Shares of the Club holdings were up big in premarket trading after NBC News projected Donald Trump defeated Kamala Harris in the presidential election.

Business - CNBC - 13 hours ago

Education stocks rally, with Trump seen as benefiting for-profit colleges

Shares of private-education companies rallied Wednesday, on expectations some of the regulatory pressure on the group will be eased once newly elected President Trump begins his term in January.

Business - MarketWatch - 8 hours ago

NAB Raises Dividend Despite a 6.1% Fall in Annual Profit

National Australia Bank raised its dividend despite a 6.1% fall in annual profit on lower lending margins and higher costs.

Business - The Wall Street Journal - 4 hours ago

Marks & Spencer Beats Profit Views, Warns of Persistent Challenges

Marks & Spencer reported profit ahead of expectations for the first half of fiscal 2025, but warned that the uncertain consumer backdrop is expected to remain in the rest of the year.

Business - The Wall Street Journal - 18 hours ago

Ahold Delhaize Net Profit Misses Market Views, Issues Buyback

The Dutch grocer outlined a share buyback program, despite reporting a worse-than-expected fall in third-quarter net profit.