Latest in Profit Year
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Honda's nine-month profit down year-on-year as it ends talks with Nissan
Japanese automaker Honda is reporting a 7% decline in profit for the nine months that ended in December as it terminated talks on business integration with NissanABC News - 5d -
Kraft Heinz wraps up ‘challenging’ year with a profit warning as stock drops
The company said it’s “committed to making the necessary investments to drive top-line improvement, while remaining disciplined.”MarketWatch - 6d -
Sony shares surge over 10% after it forecasts stronger revenue and profit for fiscal year 2024
Sony shares popped after it raised its 2024 outlook for annual operating profit to 1.34 trillion yen ($8.76 billion), a 2% rise from the previous financial year.CNBC - 4d -
BP Vows ‘Fundamental Reset’ in Strategy as Profit Plunges
The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources and a bigger investment in oil and natural gas production.The New York Times - Feb. 11 -
Increase Profit Through the Psychology of New Beginnings
Embrace the fresh start effect to grow your business in 2025.Inc. - 2d -
Amazon Reports 88% Rise in Profits but Says Growth Could Slow
The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.The New York Times - Feb. 6 -
Singapore’s DBS reports record profits as long-serving chief bows out
City-state’s biggest lender buoyed by strong commercial and wealth management performancesFinancial Times - Feb. 10 -
Rockwell Automation crushes profit estimates but says customers are still cautious
Rockwell’s numbers eased investor concerns after the company missed sales estimates in three of the last six quarters.MarketWatch - Feb. 10 -
We're adding to our position in a sliding stock and booking profits in a 2025 winner
We're making a pair of trades Monday as Wall Street rallies to kick off the week.CNBC - Feb. 10 -
BP set to scale back green investments as profits drop sharply
The oil giant is widely expected to say it will scale back on renewables later this month.BBC News - Feb. 11 -
UniCredit posts record profit as Orcel ups dealmaking stakes
Italian lender says its holding in insurer Generali is now above 5%Financial Times - Feb. 11 -
Snap’s increased AI spending may push profits even further out
Guggenheim downgraded Snap’s stock, warning that increased AI investments could defer operating profits until 2027.MarketWatch - Feb. 11 -
India’s online brokers brace for profits hit after regulatory clampdown
Intervention to calm frenzied derivatives trading has brought down volumes by 70%Financial Times - 6d -
Tycoon profited after India relaxed border security rules for energy park
Exclusive: Military experts raise concerns over change to protocols on Pakistan border to allow project that was handed to billionaire Gautam Adani. The Indian government relaxed national security ...The Guardian - 6d -
We're trimming a stock on a 17-session winning streak and booking big profits
You have to go all the way back to Jan. 16 to find its last down day.CNBC - 6d -
Molson Coors’ focus on pushing premium brands leads to upbeat profit outlook
Molson Coors saw higher prices helping to offset continued volume declines.MarketWatch - 5d -
How Manchester United are making big profits and huge losses at the same time
Three months after club predicted an annual profit of up to £160m, more job losses are pending to tackle financial crisis. When Sir Jim Ratcliffe’s minority investment in Manchester United was ...The Guardian - 3d -
For-Profit Companies Can’t Easily Replace NOAA’s Weather-Forecasting Prowess
Replicating the abilities of the National Oceanic and Atmospheric Administration’s fleet of weather satellites would take time and a lot of money—and expose private companies to a large amount of ...Wired - 3d -
Critics say new Google rules put profits over privacy
Google is allowing advertisers to collect more personal information, which is harder for users to control.BBC News - 2d -
As Wall Street Chases Profits, Fire Departments Have Paid the Price
Fire engine manufacturing is now largely controlled by three companies. Around the country, prices have soared, and orders can take years to fulfill.The New York Times - 1d -
Profits at Baidu, China’s Google, slow down. The stock slumps.
Chinese internet giant Baidu said its core business saw declining profits in the fourth quarter as online marketing revenue growth slowed even as its AI cloud business grew.MarketWatch - 8h -
Videogame giants are spending more money but losing players — and profits
Sony, Electronic Arts and Ubisoft reflect an industrywide misunderstanding (or perhaps disregard) of what gamers value.MarketWatch - 6h -
Conagra’s stock falls as factory upgrade and inflation weigh on profit view
Food giant cites inventory problems with frozen meals containing chicken, as well as with frozen vegetables.MarketWatch - 6h -
Profitable cement company Titan America touts Florida, Mid-Atlantic reach in IPO
Titan America’s IPO raises $384 million by pricing toward the low end of its range.MarketWatch - Feb. 7 -
McDonald’s sees wider margins ahead as same-store-sales surprise offsets a profit miss
McDonald’s stock rose 5% as investors latched on to the positive developments, despite some mixed results from the fast-food giant.MarketWatch - Feb. 10 -
Italy's UniCredit guides 2025 revenue slowdown after fourth-quarter profit beat
Italy's second-largest lender UniCredit on Tuesday posted a fourth-quarter profit beat, raising shareholder returns amid market focus on the bank's M&A overtures.CNBC - Feb. 11 -
British oil major BP reports sharp drop in fourth-quarter profit, vows strategy reset
British oil major BP on Tuesday posted a sharp drop in fourth-quarter profit, pledging to "fundamentally" reset the embattled energy company's strategy.CNBC - Feb. 11 -
Travelers expects $1.7 billion insured loss from the California wildfires. Analysts still expect a profit.
Travelers’ CFO said the outbreak of wildfires were “a big event” for the insurance industry.MarketWatch - Feb. 11 -
Early Crypto Traders Had Speedy Profit on Trump Coin as Others Suffered Losses
Some traders made tens of millions off a new cryptocurrency launched by President Trump and his sons. Many others lost out.The New York Times - 6d -
Saber Interactive Only Started Making Profits After Promising To Remaster Halo For Free
They say you should never work for free, but in Saber Interactive's case, offering to do exactly that landed the studio a high-profile project. The news comes from an interview Game File's Stephen ...GameSpot - 6d -
Biogen beats estimates on cost cuts and new drugs like Leqembi, but profit outlook falls short
Biogen expects Leqembi and new rare disease and depression treatments to help offset revenue lost from multiple sclerosis products.CNBC - 6d -
Reddit turns second quarterly profit since IPO but shares slide on user-growth miss
Reddit Inc. turned its second quarterly profit since becoming a public company, but shares fell after daily active unique users — which topped 100 million for the first time — fell short of ...MarketWatch - 5d -
Rape under wraps: how Tinder, Hinge and their corporate owner chose profits over safety
Match Group has known since 2016 about abusive users on its dozen dating apps, but leaves millions of people in the dark. The Dating Apps Reporting Project is an 18-month investigation. It was ...The Guardian - 5d -
Crocs rallies as its profit view tops estimate on core footwear brand growth
Crocs-branded footwear is expected to grow 4.5% in 2025, but sales of its smaller HeyDude line could be down as much as 9%.MarketWatch - 5d -
Barclays shares sink despite fourth-quarter profit hike as 2025 guidance fails to impress
British bank Barclays posted a rise in full-year pre-tax profit that came in just ahead of analyst expectations, while also launching a £1 billion share buyback.CNBC - 5d -
Elon Musk says he’ll drop his $97bn bid for OpenAI if it remains a non-profit
Billionaire’s lawyers say offer will be withdrawn if firm he helped found a decade ago ‘preserves the charity’s mission’. Elon Musk says he will abandon his $97.4bn offer to buy the non-profit ...The Guardian - 5d -
2025: The Year of the AI App
The real competition in AI isn’t about foundation models. It’s about apps built on top of those models.Wired - Feb. 7