Latest in Swoon Profit
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Sony stock rises as gaming and imaging units boost profits
Sony shares rose in premarket trade Friday after the company reported booming profit growth in the fiscal second quarter.Business - MarketWatch - 6 days ago -
British Airways owner announces stock buyback as profit grows 17%
British Airways owner International Airlines Group announced a stock buyback after reporting rising profits and margins.Business - MarketWatch - 6 days ago -
Continental Posts Higher Profit as Cost Cuts Offset Sales Pressure
The auto supplier reported improved quarterly earnings as cost cuts and strong results at its key divisions mitigated revenue pressures and weakness at its ContiTech unit.Business - The Wall Street Journal - 3 days ago -
SoftBank returns to profit as Indian IPOs boost Vision Fund gains
Investors await founder Masayoshi Son’s next big move on artificial intelligenceBusiness - Financial Times - 2 days ago -
Japan's SoftBank returns to profit after gains at Vision Fund and other investments
Japanese technology conglomerate SoftBank Group swung back to profitability in the July-September quarter, boosted by its Vision Fund investmentsTech - ABC News - 2 days ago -
Spotify shares pop on better-than-expected profit forecast
Shares of Spotify rose in after-hours trading as investors focused on the company's profit forecast more than its third-quarter results.Business - CNBC - Yesterday -
Tencent posts better-than-expected 47% profit surge as games, AI tools shine
Chinese gaming and social media giant Tencent on Wednesday reported profit above analysts' expectations, while revenue missed slightly.Business - CNBC - Yesterday -
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 - Yesterday -
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 - Yesterday -
Disney’s stock surges as streaming profits grow and film releases shine
“Inside Out 2” and “Deadpool & Wolverine” were big winners for Disney in the latest quarter.Business - MarketWatch - 1 hour ago -
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 - 4 hours ago -
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 - 5 hours ago -
Weight-loss drug firm accused of prioritising profits after halting insulin pen production
Novo Nordisk’s decision will force people in developing countries to use outdated glass vials and syringes, warn campaigners. The pharmaceutical company behind injectable weight-loss drugs has been ...World - The Guardian - October 16 -
Morgan Stanley shares pop 7% after beating estimates for third-quarter profit and revenue
Morgan Stanley has several tail winds in its favor, from high stock values to a rebound in investment banking and strong trading activity.Business - CNBC - October 16 -
Chevrolet aims to defend highly profitable SUV market position with updated Tahoe, Suburban
The Chevrolet Tahoe and Suburban have led the mainstream full-size SUV segment for over 45 years, according to GM.Business - CNBC - October 16