Latest in Suffer Profit Falls
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Exxon and Chevron suffer profit falls on lower oil prices
Cheaper commodities and weaker refining margins hit earnings after bumper performances in 2022 and 2023Business - Financial Times - 6 hours ago -
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 -
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 - Yesterday -
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
Vice-president seeks to energise women voters as White House race against Donald Trump tightensBusiness - Financial Times - 6 days ago -
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’ betBusiness - Financial Times - October 25 -
PwC profits fall in Asia after scandals in China and Australia
Big Four firm reports slower global growth as regional woes compound consulting industry slowdownBusiness - Financial Times - 3 days ago -
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 - 3 days ago -
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 - 3 days ago -
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 - 2 days ago -
CVS replaces CEO Karen Lynch with exec David Joyner as profits, share price suffer
David Joyner has replace Karen Lynch as CVS CEO, as the company's stock price and performance suffers.Business - CNBC - October 18 -
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 NewsWorld - 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 tightWorld - Financial Times - October 17 -
Gold: ‘the ultimate perceived safe haven asset’?
BofA gets the goldbugWorld - 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 financeWorld - Financial Times - October 17 -
Labour’s unambitious reset with the EU
The UK government has constrained itself too much within its red linesWorld - 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 activistsWorld - 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 acquisitionBusiness - 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 - 3 days ago -
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 - Yesterday -
The human race is suffering from success
Treating today’s mental and physical conditions may be a challenge, but their prevalence is actually a good signBusiness - Financial Times - October 22 -
Cardinals rookie WR Harrison suffers concussion
Cardinals receiver Marvin Harrison Jr. was ruled out against the Packers with a concussion.Sports - ESPN - October 13 -
Joker sequel suffers $33m collapse at box office
The film, which has received mixed reviews, falls to third spot in its second week on the chart.Top stories - BBC News - October 14 -
76ers' George suffers hyperextended left knee
Philadelphia 76ers star Paul George suffered a hyperextended left knee in the second quarter of Monday's preseason win in Atlanta and didn't return.Sports - ESPN - October 15 -
Sara Sharif suffered fractures before death, court hears
A fracture to Sara Sharif’s neck bone could have been caused by strangulation, the Old Bailey hears.Top stories - BBC News - October 17 -
Cuba Suffers Mass Blackout as Energy Crisis Deepens
The Communist government ordered the closure of nonvital activities hours to avoid power grid collapse.World - The Wall Street Journal - October 18 -
Browns fear QB Watson suffered torn Achilles
Browns quarterback Deshaun Watson suffered a right Achilles injury toward the end of the first half of Sunday's game against the Bengals.Sports - ESPN - October 20 -
Putin suffers another massive defeat, this time in Moldova
Russian President Vladimir Putin is resorting to bribery and propaganda in an attempt to prevent Moldova and Georgia from joining the European Union, but his efforts have so far been unsuccessful.Politics - The Hill - October 24 -
Pacers' Wiseman suffers torn Achilles in opener
Pacers center James Wiseman suffered a torn left Achilles tendon during Wednesday's season opener vs. the Pistons, the team said.Sports - ESPN - October 25 -
England suffer defeat by Germany in seven-goal thriller
Watch highlights as England suffer defeat by Germany in an international friendly at Wembley as the teams that contested the Euro 2022 final return to the same stage to deliver a seven-goal thriller.Top stories - BBC News - 6 days ago -
Sources: Jazz's Hendricks to miss rest of season
Jazz forward Taylor Hendricks exited Monday's game against the Mavericks after suffering a fractured right fibula and dislocated ankle.Sports - ESPN - 3 days ago -
McDonald’s suffers second straight decline in quarterly sales
US fast-food chain hit by weakness in international markets as it promotes more discount mealsBusiness - Financial Times - 3 days ago