Profit Since Ipo - QuikReader

DoorDash Posts First Quarterly Profit Since IPO, Launches Partnership With Lyft

DoorDash reported its first quarterly profit since going public in 2020, and launched a partnership with Lyft, as the two companies combine forces against common rival Uber.

Business - The Wall Street Journal - October 30

SoftBank returns to profit as Indian IPOs boost Vision Fund gains

Investors await founder Masayoshi Son’s next big move on artificial intelligence

Business - Financial Times - November 12

China's industrial profits plunge at fastest pace since the pandemic

The country's industrial profits declined 27.1% year-on-year in September.

Business - CNBC - October 28

BP reports lowest quarterly profit since pandemic on weak oil prices

Energy group pledges to review share buyback plan in February after latest $1.75bn repurchase

Business - Financial Times - October 29

We're trimming a bank stock on tear since earnings, booking nearly a 100% profit

This sale does not reflect any change in our long-standing positive view on the bank and the job the CEO is doing.

Business - CNBC - October 25

BP beats forecasts despite seeing 31% drop in profits, to lowest since COVID-19

BP’s profits were hit by lower oil prices and a slump in its refining margins, caused by a slowdown in demand for products including jet fuel, diesel and gasoline

Business - MarketWatch - October 29

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

Fintech Klarna files for IPO in US

Swedish buy now, pay later pioneer submits documents for widely anticipated flotation

Business - Financial Times - November 13

Sweden's Klarna Files for U.S. IPO

The payments specialist filed registration documents with the SEC, but said the number of shares and the price range for the proposed offering haven’t yet been decided.

Business - The Wall Street Journal - November 13

Klarna Confidentially Files for U.S. IPO

The Swedish ‘buy now pay later’ company began the process for a stock market listing with the Securities and Exchange Commission.

Business - Inc. - November 13

3 Reasons Why Founders Should Consider an IPO

NYSE president Lynn Martin makes the case for going public—despite the dealmaking slump.

Business - Inc. - November 11

Chinese smartphone company Honor gets new investors as it gears up for IPO

Chinese smartphone company Honor on Thursday announced backing from new investors as the Huawei spinoff prepares for an initial public offering.

Business - CNBC - October 31

Klarna chooses New York over London for much-anticipated IPO

US filing by one of world’s largest buy now, pay later firms seen as another blow to London Stock Exchange. The buy now, pay later company Klarna has filed for a much-anticipated flotation in the ...

World - The Guardian - November 13

Buy now, pay later provider Klarna says it filed confidentially for U.S. IPO

Klarna, which is known for its popular buy now, pay later business, has confidentially filed IPO documents with the U.S. SEC.

Business - CNBC - November 13

Swiggy's Shares Jump in India's Second-Largest IPO This Year

Shares of Indian startup Swiggy surged at its Mumbai debut, driven by strong institutional interest in the food and grocery delivery company.

Business - The Wall Street Journal - November 13

Fintech unicorns are watching Klarna's debut for signs of when IPO window will reopen

Financial technology unicorns aren't in a rush to go public even after buy now, pay later firm Klarna filed for a U.S. IPO.

Business - CNBC - 4 days ago

Hoping for an OpenAI or Anthropic IPO? Here’s why that’s unlikely anytime soon.

Investors hoping for initial public offerings from hot artificial-intelligence unicorns Anthropic and OpenAI sometime next year are probably going to be disappointed.

Business - MarketWatch - 18 hours ago

Chinese IPOs in the U.S. and Hong Kong are set to increase next year, analysts say

A few high-profile Chinese listings outside the mainland are adding to expectations for a pickup in initial public offerings next year.

Business - CNBC - October 28

Klarna IPO emerges as fintechs gain traction and bankers signal more interest in stock debuts

The buy-now-pay-later company aims to tap into a revival of interest in stocks like Affirm and SoFi.

Business - MarketWatch - November 13

It's 'liquidity, stupid': VCs say tech investing is tough amid IPO lull and 'nuts' AI hype

Venture capitalists at Web Summit say the hunt for liquidity is getting harder, despite "nuts" funding rounds for AI firms like OpenAI.

Business - CNBC - November 14

Canva hires former Zoom CFO Kelly Steckelberg to run finance ahead of expected IPO

Canva's new finance chief Kelly Steckelberg helped take Zoom public five years ago.

Business - CNBC - 5 days ago

How Morgan Stanley Stepped Up its Courtship of Near-IPO Employees as Wealthy Clients

The investment bank signed an agreement with Carta, a shareholder management company for startups, which estimates about 2,000 of its clients are at companies likely to go public.

Business - Inc. - 4 days ago

Photographing Every President Since Reagan

Doug Mills reflects on nearly 40 years of taking photos of presidents.

Top stories - The New York Times - November 2

'Exploitative' children's home profits to be curbed

The new measures aim to stop private care home providers benefiting excessively from a stretched system.

Chase Revenue Versus Build Profit

Five ways to strike the balance for sustainable growth.

Business - Inc. - 5 days ago

First video of pandas released since arrival in DC

The first video since two new giant pandas who were loaned from China to the National Zoo in Washington, D.C., was released Saturday. Bao Li and Qing Bao will make their public debut in January.

Jobless claims retreat for third straight week, hit lowest level since May

Initial jobless claims fell by 12,000 to 216,000 in the week ending Oct. 26, compared with economists’ expectations that claims would rise to 230,000.

Business - MarketWatch - October 31

Coronato Making Massive Impact Since Return to Flames

Calgary Flames sophomore Matt Coronato has been a clutch scoring machine and a big reason the team is earning points

Sports - Yahoo Sports - November 10

Inflation ticks up for first time since March

The Consumer Price Index in October rose 2.6% year-over-year, the Labor Department reported Wednesday, a higher rate than September's 2.4%. The uptick means the Federal Reserve's 2% target rate is ...

Jobless claims fall to lowest level since May

Companies may not be hiring at the same pace as earlier in the year — but they are also not firing workers.

Business - MarketWatch - November 14

NatWest profits rise by a quarter as lending and deposits grow

Bank also sets aside £245mn in provisions for bad loans, higher than expectations of £173mn

Business - Financial Times - October 25

China’s industrial profits plunge as economic momentum falters

Steep monthly decline in September comes as policymakers battle to restore confidence

Business - Financial Times - October 27

FirstFT: Twin scandals hit PwC’s Asia profits

Also in today’s newsletter, the fallout from the Madison Square Garden rally and what happened to Project 2025?

World - Financial Times - October 29

In Botswana’s Election, Diamond Profits Are a Defining Issue

The party that has governed the country since 1966 could lose power as the economy struggles from a slump in demand for diamonds, which made Botswana an African success story.

World - The New York Times - October 29

Clariant Third-Quarter Profits Miss Expectations

The chemicals company reported weaker results for the three months through September and cautioned that it didn’t expect a significant economic recovery in 2024 due to persistent economic challenges.

Business - The Wall Street Journal - October 29

Santander's Profit Beats Expectations on Lower Provisions, Costs

Spain’s largest bank by market capitalization reported a 12% on-year increase in net profit for the three months ended Sept. 30, as lighter provisions and costs helped offset the impact from the ...