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Latest in Profit Falls U.s

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  • Swiss Re Net Profit Falls On U.S. Liability Reserve Increase

    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 - 17 hours 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 - October 31

  • 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 - November 5

  • 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 - November 5
  • BMW Posts Sharp Fall in Automotive Profitability

    BMW Posts Sharp Fall in Automotive Profitability

    BMW reported a sharp drop in profitability for its key automotive unit, hit by costs of a recall and weak demand in China, even as it forecast stronger earnings in the fourth quarter.
    Business - The Wall Street Journal - November 6
  • NetEase's Profit Falls on Weaker Gaming Revenue

    NetEase's Profit Falls on Weaker Gaming Revenue

    The Chinese videogame giant’s profit tumbled for a second straight quarter and revenue missed market expectations as the main business delivered a soft performance.
    Business - The Wall Street Journal - 17 hours ago
  • Truck maker Volvo's Q3 adjusted profit falls more than expected

    Truck maker Volvo's Q3 adjusted profit falls more than expected

    Adjusted operating profit was 14.1 billion crowns ($1.34 billion against a year-earlier 19.3 billion and a mean forecast in an LSEG poll of analysts of 15.6 billion, on a sales drop of 12%. Volvo ...
    Sports - Yahoo Sports - October 18

  • 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
  • Beyoncé brings star power as Kamala Harris touts ‘freedom’ in Texas

    Beyoncé brings star power as Kamala Harris touts ‘freedom’ in Texas

    Vice-president seeks to energise women voters as White House race against Donald Trump tightens
    Business - Financial Times - October 26
  • Nasdaq hits record high as tech stocks rebound from summer sell-off

    Nasdaq hits record high as tech stocks rebound from summer sell-off

    Sharp turnaround from 15% slide as investors make ‘heads I win, tails you lose’ bet
    Business - Financial Times - October 25
  • PwC profits fall in Asia after scandals in China and Australia

    PwC profits fall in Asia after scandals in China and Australia

    Big Four firm reports slower global growth as regional woes compound consulting industry slowdown
    Business - Financial Times - October 29

  • PayPal beat big on a profit metric, but here’s why its stock is falling

    PayPal’s fourth-quarter revenue view came in below expectations. The company said it’s focusing on “profitable growth.”
    Business - MarketWatch - October 29
  • BP Profit Falls, but It Still Sees ‘Potential to Grow’ in Oil and Gas

    BP Profit Falls, but It Still Sees ‘Potential to Grow’ in Oil and Gas

    The energy giant’s chief executive, Murray Auchincloss, has taken a profit-oriented approach and said in an interview that the company’s “principal aim” was increasing earnings.
    Business - The New York Times - October 29

  • Caterpillar’s stock falls as weak equipment sales lead to a rare profit miss

    Caterpillar’s stock fell after a rare profit miss, while revenue was below expectations for a fourth straight quarter.
    Business - MarketWatch - October 30
  • Exxon and Chevron suffer profit falls on lower oil prices

    Exxon and Chevron suffer profit falls on lower oil prices

    Cheaper commodities and weaker refining margins hit earnings after bumper performances in 2022 and 2023
    Business - Financial Times - November 1
  • NAB Raises Dividend Despite a 6.1% Fall in Annual Profit

    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 - November 6
  • Pinterest Stock Falls Despite Rise in Third-Quarter Profit, Revenue

    Pinterest Stock Falls Despite Rise in Third-Quarter Profit, Revenue

    The social-media platform’s revenue jumped 18% year over year, slightly above Wall Street’s forecast.
    Business - The Wall Street Journal - November 7

  • McDonald's reverses U.S. same-store sales declines in the third quarter, but E. coli fallout looms

    Shares of McDonald's have fallen 6% since its Quarter Pounder burgers were linked to a deadly E. coli outbreak.
    Business - CNBC - October 29

  • UBS smashes forecasts with bumper profit, warns of volatility around U.S. elections

    The Swiss bank’s profits were boosted by the ongoing integration of wealth management accounts previously run by its main rival Credit Suisse
    Business - MarketWatch - October 30

  • U.S. industrial output falls in September, held down by Boeing strike and hurricanes

    U.S. industrial production fell 0.3% in September, held down by the strike at Boeing Co and by the two recent hurricanes, the Federal Reserve reported Thursday.
    Business - MarketWatch - October 17

  • Job openings in the U.S. fall to the lowest level in 3½ years

    U.S. job openings fell in September to a three-and-a-half year low as as the demand for labor ebbed and businesses waited for the economy to speed up.
    Business - MarketWatch - October 29

  • Former U.S. Rep. Michael Grimm paralyzed after fall from horse

    Former U.S. Rep. Michael Grimm, a New York Republican who resigned from Congress following a tax fraud conviction, is paralyzed from the chest down.
    Top stories - CBS News - 2 days ago

  • The Musk-led group driving millions to Trump’s White House bid

    Also in today’s newsletter, shamelessness in American politics and Kamala Harris’s appearance on Fox News
    World - Financial Times - October 17

  • How the UK can improve its ‘offer’ to the world

    Eli Lilly’s chief says the country must do more to attract business, yet budgets are tight
    World - Financial Times - October 17

  • Gold: ‘the ultimate perceived safe haven asset’?

    BofA gets the goldbug
    World - Financial Times - October 17

  • Cheaper alternative to northern leg of HS2 under consideration

    Feasibility study to be launched for a Birmingham to Manchester rail route that could be part-funded by private finance
    World - Financial Times - October 17

  • Labour’s unambitious reset with the EU

    The UK government has constrained itself too much within its red lines
    World - Financial Times - October 17

  • Liz Kendall expected to retain £1.3bn cut to UK sickness benefits in Budget

    Move by work and pensions secretary likely to cause concern among disability rights activists
    World - Financial Times - October 17

  • 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

  • Deutsche Bank shares fall on doubling of third-quarter loan losses but profits rise

    Deutsche Bank’s pre-tax profits were lifted by a reduction in the provisions it has set aside to settle litigation related to its Postbank acquisition
    Business - MarketWatch - October 23

  • Colgate-Palmolive beats profit views, even as prices fall in North America again

    Colgate-Palmolive’s stock turned red in premarket action Friday, after the consumer-products company beat third-quarter earnings expectations and lifted its outlook, but saw relative weakness in ...
    Business - MarketWatch - October 25

  • BP shares fall to lowest since 2022 after sharp drop in the oil major's third-quarter profit

    British oil major BP on Tuesday reported its weakest quarterly earnings in nearly four years, weighed down by a slump in crude prices.
    Business - CNBC - October 29

  • Ceramic mugs, condiment bars and comfier seats are coming to more Starbucks stores, as new CEO looks to re-caffeinate sales

    Starbucks Corp. on Wednesday said its latest quarterly results “do not reflect the strength of our brand,” and said it needed to make fundamental changes to bring back customers.
    Business - MarketWatch - October 31

  • 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
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