Profit Fallen - QuikReader

Spotify shares pop on better-than-expected profit forecast

Shares of Spotify rose in after-hours trading as investors focused on the company's profit forecast more than its third-quarter results.

Business - CNBC - 4 days ago

Tencent posts better-than-expected 47% profit surge as games, AI tools shine

Chinese gaming and social media giant Tencent on Wednesday reported profit above analysts' expectations, while revenue missed slightly.

Business - CNBC - 3 days ago

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’ profits

Business - Financial Times - 4 days ago

ABN Amro Posts Profit Beat, Delays Next Buyback Decision

ABN Amro Bank will take longer than expected to decide on its next share buyback as it adapts to new capital rules, sending shares lower in early trading despite the Dutch lender’s ...

Business - The Wall Street Journal - 3 days ago

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 - 2 days ago

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 - 2 days ago

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 - 2 days ago

Alibaba’s stock turns lower as investments to meet AI demand hurt profitability

Alibaba’s stock knee-jerked up after earnings then reversed lower, as revenue missed expectations and ’aggressive’ investments on AI capabilities weighed on profitability.

Business - MarketWatch - Yesterday

Alibaba posts profit beat as China looks to prop up tepid consumer spend

The results come at a tricky time for Chinese commerce businesses, given the broad sluggishness in the world's second-largest economy.

Business - CNBC - Yesterday

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 - Yesterday

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

CVS replaces CEO Karen Lynch with exec David Joyner as profits, share price suffer

David Joyner has replace Karen Lynch as CVS CEO, as the company's stock price and performance suffers.

Business - CNBC - October 18

Procter & Gamble’s stock slips as profit beat, steady outlook offset a sales miss

Shares of Procter & Gamble Co. fell 1.2% in premarket trading Friday, after the consumer packaged-goods company reported fiscal first-quarter profit that beat expectations and maintained its ...

Business - MarketWatch - October 18

World’s largest sovereign wealth fund posts $76 billion in quarterly profit as interest rates fall

Norway's gigantic sovereign wealth fund on Tuesday reported third-quarter profit of 835 billion Norwegian kroner ($76.3 billion).

Business - CNBC - October 22

Starboard Value's Jeff Smith says Salesforce has 'a lot more to go' and can increase profitability

Salesforce has become more profitable in the past few years, but one activist investor says there's more for the software company to do.