Latest in Weigh Profits
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ADM Discloses More Accounting Issues, Cuts Profit Outlook
The agriculture company disclosed more accounting problems and will amend some past financial results while slashing its profit forecast for the year.Business - The Wall Street Journal - Yesterday -
Nintendo profit plunges 69% as it cuts forecast for sales of ageing Switch console
Investors are waiting for news surrounding a successor to the Switch which they hope will re-energize Nintendo's gaming business.Business - CNBC - Yesterday -
Nintendo reports lower profits as demand drops for its aging Switch console
Nintendo, the Japanese video game maker behind the Super Mario franchise, says its profit fell 60% in the first half of the fiscal year, as demand waned for its Switch console, now in its eighth ...Entertainment - ABC News - Yesterday -
Nintendo cuts profit guidance on reduced Switch sales forecast
Nintendo on Tuesday trimmed its sales and profit guidance for the March-ending fiscal year, citing reduced demand for the Nintendo Switch.Business - MarketWatch - Yesterday -
Apple warns future products may never be as profitable as iPhone
Analysts say artificial intelligence and virtual reality headsets might have lower margins than smartphones and App StoreBusiness - Financial Times - Yesterday -
Labour hedge fund donor’s profits drop 76% after restructure
Quadrature made largest single donation to party after UK election called in MayBusiness - Financial Times - Yesterday -
OpenAI Speaks to California Attorney General About Becoming For-Profit Company
A new report says CEO Sam Altman’s efforts to shed its nonprofit AI research lab status are moving forward.Business - Inc. - Yesterday -
Commerzbank Lifts Guidance as UniCredit Circles
Commerzbank lifted its full-year guidance for some key metrics and said its strategy is paying off, as UniCredit continued to signal interest in a tie-up with the German lender.Business - The Wall Street Journal - 14 hours ago -
Toyota Motor Cuts Sales Forecast After Quarterly Profit Halves
The Japanese auto giant cut its annual forecast for group vehicle sales after its second-quarter profit more than halved due partly to weaker sales globally.Business - The Wall Street Journal - 18 hours ago -
Credit Agricole's Shares Fall After Mixed Results
Credit Agricole reported a smaller-than-expected fall in net profit for the third quarter of 2024 but softer revenue missed views, sending its shares lower.Business - The Wall Street Journal - 11 hours ago -
Ozempic maker Novo Nordisk nudges higher profit forecast
Novo Nordisk on Wednesday nudged higher its outlook for the year as the drugmaker registered another quarter of strong sales of its weight-loss drugs.Business - MarketWatch - 13 hours ago -
We're locking in profits on 2 stocks that are surging on Trump's election win
Shares of the Club holdings were up big in premarket trading after NBC News projected Donald Trump defeated Kamala Harris in the presidential election.Business - CNBC - 11 hours ago -
Education stocks rally, with Trump seen as benefiting for-profit colleges
Shares of private-education companies rallied Wednesday, on expectations some of the regulatory pressure on the group will be eased once newly elected President Trump begins his term in January.Business - MarketWatch - 6 hours ago -
NAB Raises Dividend Despite a 6.1% Fall in Annual Profit
National Australia Bank raised its dividend despite a 6.1% fall in annual profit on lower lending margins and higher costs.Business - The Wall Street Journal - 3 hours ago
