Latest in Profits Surge Chief
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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’ profitsBusiness - Financial Times - November 13 -
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 - November 13 -
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 - November 14 -
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 - November 14 -
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 - November 15 -
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 - November 15 -
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 - November 15 -
How Clydesdale horses support a non-profit for fallen soldiers, first responders
Folds of Honor is a non-profit that provides scholarships for the families of fallen and disabled military members and first responders. The organization says no partner is too big or too small — ...Top stories - CBS News - November 16 -
AI Investments Are Booming, but Venture-Firm Profits Are at a Historic Low
Investors hope the Trump administration will make tech acquisition deals easier.Tech - The Wall Street Journal - 6 days ago -
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Vanguard says shareholders can vote for profits over ESG issues
Asset manager gives investors greater say on proxy votes as it tries to navigate backlash to ‘woke’ policiesBusiness - Financial Times - 6 days ago -
CaixaBank Guides for Weaker Profitability, Resilient Income as Rates Boost Fades
The lender expects a lower return on tangible equity over the next three years as falling interest rates and heavier costs eat into its margins.Business - The Wall Street Journal - 5 days ago -
Thyssenkrupp Targets Profit Return After Posting Narrowed Net Loss
The industrial group forecasts net profit of between €100 million and €500 million for fiscal 2025 on sales growth of 3% at best.Business - The Wall Street Journal - 5 days ago -
Wall Street is lowering expectations for corporate profits in 2025. Should investors be concerned?
Wall Street analysts are partaking once again in a longstanding holiday tradition: lowering their projections for how much profit they expect America’s biggest companies to reap during the coming ...Business - MarketWatch - 4 days ago -
Sage shares surge 19% as UK software group launches buyback
Financial software provider announces plan for £400mn share buyback and raises dividendWorld - Financial Times - 4 days ago -
Inside This Female Founder’s Mission to Make Renewable Energy Profitable
Through Gaiascope, her trading platform for renewable energy, Lauren Kuntz hopes to unlock ROI for the energy sector.Business - Inc. - 4 days ago -
Delta expects higher profits thanks to high-end travel and 'resilient economy'
Delta, the most profitable U.S. airline, expects to expand capacity by no more than 4% year-over-year in 2025.Business - CNBC - 3 days ago -
Republicans renew push to expand government powers to punish non-profits
Bill to strip groups deemed to support ‘terrorism’ of non-profit status seen as threat to Palestinian advocacy groups. House Republicans have renewed a push to pass a bill that would allow the ...World - The Guardian - 4 days ago
