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Latest in Profits Shows

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654 items

  • Volkswagen CFO says 64% drop in profits shows ‘urgent need’ for cost cuts

    The German car maker reported a sharp 12% drop in its sales in China as it said it profits were hit by higher fixed costs and €2.2 billion worth of restructuring expenses
    Business - MarketWatch - 9 hours ago

  • Iberdrola Profit Lifted by Record Investments

    Spain’s energy giant Iberdrola posted a 50% rise in net profit for the first nine months of the year helped by record-high investments in its U.S. and U.K. networks.
    Business - The Wall Street Journal - October 23
  • Chinese Automakers Show Force at Paris Auto Show

    Chinese Automakers Show Force at Paris Auto Show

    Weeks after Europe imposed additional tariffs on electric vehicles made in China, the country’s car companies were defiant at France’s leading auto event.
    Business - The New York Times - October 15
  • Wall Street banks enjoy bumper fees as debt issuance and deals activity rebound

    Wall Street banks enjoy bumper fees as debt issuance and deals activity rebound

    Morgan Stanley rounds off strong earnings season
    Business - Financial Times - October 16

  • Whitbread Aims to Boost Profit, Shareholder Returns

    The U.K. hotel-and-restaurant company said it forecasts an increase of at least £300 million in profit by fiscal 2030, and to generate more than £2 billion for dividends, share buybacks and ...
    Business - The Wall Street Journal - October 16

  • ABB Posts Higher Profit, Raises Margin Guidance

    The Swiss industrial-technology company’s profit and revenue rose as the electrification business offset weakness in robotics, discrete automation and e-mobility.
    Business - The Wall Street Journal - October 17
  • CVS replaces CEO as profits, share price suffer

    CVS replaces CEO as profits, share price suffer

    Longtime CVS Health executive David Joyner has replaced Karen Lynch as CEO, as the company struggles to drive higher profits and stock performance, CVS announced Friday.
    Top stories - NBC News - October 18

  • Tele2 Posts Higher Profits; Backs Targets

    Tele2 reported a slightly higher third-quarter net profit, helped by growth in revenue from its core telecommunications services, though revenue and underlying earnings were a touch below ...
    Business - The Wall Street Journal - October 22
  • Kering warns on profit as Gucci sales plunge

    Kering warns on profit as Gucci sales plunge

    French luxury group grapples with turnaround at its biggest brand as demand dips in Asia
    Business - Financial Times - 6 days ago

  • Tesla shares jump on profit beat, Musk's prediction of at least 20% 'vehicle growth' next year

    Tesla reported better-than-expected profit in its third-quarter earnings report on Wednesday.
    Business - CNBC - 6 days ago

  • Tesla Surprises Wall Street With Strong Third-Quarter Results

    The robust performance comes after a tumultuous start to the year in which Tesla’s profit fell for two straight quarters.
    Business - The Wall Street Journal - 6 days ago
  • Barclays profits rise 23% as dealmaking returns

    Barclays profits rise 23% as dealmaking returns

    UK bank lifts guidance for net interest income
    Business - Financial Times - 6 days ago

  • Hasbro’s third-quarter profit beats expectations, but its stock slips

    Hasbro Inc.’s third-quarter profit beat expectations Thursday, fueled by its gaming and licensing businesses shares, but the toy maker’s stock is down 4%.
    Business - MarketWatch - 6 days ago
  • NatWest profits rise by a quarter as lending and deposits grow

    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 - 5 days ago
  • China’s industrial profits plunge as economic momentum falters

    China’s industrial profits plunge as economic momentum falters

    Steep monthly decline in September comes as policymakers battle to restore confidence
    Business - Financial Times - 3 days ago

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

    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 - Yesterday

  • 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 - Yesterday

  • 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 ...
    Business - The Wall Street Journal - Yesterday
  • UK borrowing costs hit post-election high on eve of Reeves’ first Budget

    UK borrowing costs hit post-election high on eve of Reeves’ first Budget

    Chancellor will draw parallels with Tony Blair government’s efforts to repair country’s social fabric in late 1990s
    Business - Financial Times - 10 hours ago
  • StanChart to double investment in wealth management as profits rise

    StanChart to double investment in wealth management as profits rise

    Wealth business had record quarter as revenues rose 32%
    Business - Financial Times - 8 hours ago
  • UBS reports better than expected profits

    UBS reports better than expected profits

    Swiss bank’s markets business helped by increase in volatility
    Business - Financial Times - 10 hours ago
  • Volkswagen profit plunges 64% as China sales slide

    Volkswagen profit plunges 64% as China sales slide

    Europe’s largest carmaker highlights ‘urgent need’ for cost reductions and efficiency gains
    Business - Financial Times - 8 hours ago

  • Next profits poised to top £1bn for first time

    UK retail bellwether raises outlook for third time in three months on the arrival of colder weather
    World - Financial Times - 10 hours ago
  • Volkswagen Profit Shrinks as Unions Threaten Strike

    Volkswagen Profit Shrinks as Unions Threaten Strike

    Germany’s biggest automaker said its profit dropped 42 percent in the third quarter, as union leaders warned that workers were ready to walk out over a wage dispute.
    Business - The New York Times - 1 hour ago

  • Reddit shares soar 40% on profitability, rosy guidance

    Reddit shares popped Wednesday, one day after the company reported rosy third-quarter results.
    Business - CNBC - 3 hours ago

  • "48 Hours" show schedule

    True crime. Real justice. To miss it would be a crime.
    Top stories - CBS News - 3 days ago

  • General Motors’ stock jumps after big profit beat, progress on EV profits

    GM’s stock rallies toward a multiyear high after profit beat by a wide margin and the full-year outlook was raised.
    Business - MarketWatch - October 22
  • A Lake Show clown show? What to make of father-son moment

    A Lake Show clown show? What to make of father-son moment

    LeBron James and Bronny James made NBA history, sharing the court together for three minutes in a scene that can be viewed with sincerity or skepticism.
    Sports - Yahoo Sports - October 23

  • UnitedHealth’s stock rocked as a big jump in medication costs hurt profitability

    UnitedHealth’s stock was having its worst day in more than four years on Tuesday, after the healthcare giant beat third-quarter profit and revenue expectations but missed on medical-care ...
    Business - MarketWatch - October 15
  • Goldman profits jump 45% to $3bn after trading boost

    Goldman profits jump 45% to $3bn after trading boost

    Net income outstrips expectations despite hit from retail banking retreat
    Business - Financial Times - October 15

  • Goldman Sachs beats on profit and revenue as stock trading and investment banking boost results

    Wall Street trading and investment banking has helped the big banks this quarter, and Goldman Sachs results showed why they are a leader in those areas.
    Business - CNBC - October 15
  • Profits Leap at Goldman Sachs as Banks See Steady Economy

    Profits Leap at Goldman Sachs as Banks See Steady Economy

    The investment bank earned more than expected in the latest quarter, a theme for other big banks, too.
    Top stories - The New York Times - October 15
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