Latest in Profit Beats Expectations
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Warner Bros. Discovery Swings to Quarterly Profit on Strong Streaming Growth
The entertainment company swung to its first quarterly profit in more than two years after it posted better-than-expected growth in streaming subscribers.Business - The Wall Street Journal - November 7 -
Sony reports healthy profits on strong sales of sensors and games
Sony’s profit surged 69% in July-September on the back of strong sales of its image sensors, games, music and network servicesTech - ABC News - November 8 -
Sony reports healthy profits on strong sales of sensors and games
Sony’s profit surged 69% in July-September on the back of strong sales of its image sensors, games, music and network servicesEntertainment - ABC News - November 8 -
Sony stock rises as gaming and imaging units boost profits
Sony shares rose in premarket trade Friday after the company reported booming profit growth in the fiscal second quarter.Business - MarketWatch - November 8 -
British Airways owner announces stock buyback as profit grows 17%
British Airways owner International Airlines Group announced a stock buyback after reporting rising profits and margins.Business - MarketWatch - November 8 -
Continental Posts Higher Profit as Cost Cuts Offset Sales Pressure
The auto supplier reported improved quarterly earnings as cost cuts and strong results at its key divisions mitigated revenue pressures and weakness at its ContiTech unit.Business - The Wall Street Journal - November 11 -
SoftBank returns to profit as Indian IPOs boost Vision Fund gains
Investors await founder Masayoshi Son’s next big move on artificial intelligenceBusiness - Financial Times - November 12 -
Japan's SoftBank returns to profit after gains at Vision Fund and other investments
Japanese technology conglomerate SoftBank Group swung back to profitability in the July-September quarter, boosted by its Vision Fund investmentsTech - ABC News - November 12 -
Mali’s junta escalates fight with mining groups over profit share
Resolute Mining chief and colleagues held as junta want greater share of gold producers’ profitsBusiness - Financial Times - November 13 -
Disney’s stock surges as streaming profits grow and film releases shine
“Inside Out 2” and “Deadpool & Wolverine” were big winners for Disney in the latest quarter.Business - MarketWatch - November 14 -
Siemens Profit Tops Forecasts as Data-Center Demand Offsets Automation Woes
The industrial conglomerate reported a net profit of $2 billion for the fourth quarter, beating market views, after it benefited from high demand for electrical infrastructure driven by data centers.Business - The Wall Street Journal - November 14 -
Swiss Re Net Profit Falls On U.S. Liability Reserve Increase
The reinsurer said resilient underwriting and contributions from all its business lines were offset by a $2.4 billion increase in the liability reserves of its property and casualty U.S. business.Business - The Wall Street Journal - November 14 -
Disney is turning record parks profits — even before its big expansions
Disney is breaking ground on new additions and updates to its theme parks, but it will be several years before they become available to the public.Business - CNBC - November 15 -
How Clydesdale horses support a non-profit for fallen soldiers, first responders
Folds of Honor is a non-profit that provides scholarships for the families of fallen and disabled military members and first responders. The organization says no partner is too big or too small — ...Top stories - CBS News - November 16
