#profit

8:51am, 3rd August, 2019

Insurance, economy weigh on Berkshire Hathaway operating profit

Berkshire Hathaway Inc on Saturday said its quarterly operating profit fell more than analysts expected, as weaker results from insurance underwriting and a slowing economy weighed on the conglomerate run by billionaire Warren Buffett.

Tencent first quarter profit rises 17 percent, beats forecast

4:33am, 15th May, 2019

Business

Tencent first quarter profit rises 17 percent, beats forecast

Tencent Holdings reported on Wednesday a 17% rise in profit for the three months ended March, beating estimates.

Nissan flags weakest profit in 11 years as Ghosn woes weigh

4:10am, 14th May, 2019

Business

Nissan flags weakest profit in 11 years as Ghosn woes weigh

Nissan Motor Co forecast a 28% drop in its annual operating profit, setting it up for the weakest earnings in 11 years and underscoring its struggle to turn the page after the ouster of former Chairman Carlos Ghosn.

SoftBank Group unveils stock split, rakes in higher profit on tech bets

2:17am, 9th May, 2019

Business

SoftBank Group unveils stock split, rakes in higher profit on tech bets

Japanese conglomerate SoftBank Group Corp announced a stock split while keeping the per-share dividend unchanged for the year, effectively doubling its shareholder payout, as it also reported a better-than-expected annual profit.

DowDuPont profit falls 28 percent on delayed shipments, weak chemical demand

11:45am, 2nd May, 2019

Business

DowDuPont profit falls 28 percent on delayed shipments, weak chemical demand

DowDuPont Inc posted a 28 percent slump in quarterly profit on Thursday, as floods in the United States delayed seed shipments and demand for its specialized chemicals used by the auto and smartphone industries declined, sending shares down about 6 p...

Bayer's profit gets boost from Monsanto but legal burden mounts

12:56am, 25th April, 2019

Business

Bayer's profit gets boost from Monsanto but legal burden mounts

German drug and farming supplies company Bayer posted a 45 percent gain in quarterly core earnings thanks to the acquisition of seed maker Monsanto, while the legal burden it took on with the deal increased.

Tesla's Musk 'sees merit' in capital raise, vows profit in third quarter after large loss

8:52pm, 24th April, 2019

Business

Tesla's Musk 'sees merit' in capital raise, vows profit in third quarter after large loss

Tesla Inc Chief Executive Elon Musk suggested on Wednesday a capital raise could be imminent, as the electric vehicle maker lost $700 million in the first quarter and predicted a return to profit in the third.

Tesla promises return to profit after first-half losses

4:48pm, 24th April, 2019

Business

Tesla promises return to profit after first-half losses

Tesla Inc said on Wednesday it would return to profit in the third quarter of 2019 after racking up two consecutive losses in the first half of the year, as it struggled to deliver cars to customers and launched a cheaper version of its Model 3 sedan...

P&G beats profit, sales estimates with price hikes

8:17am, 23rd April, 2019

Business

P&G beats profit, sales estimates with price hikes

Higher prices and greater demand for its premium fabric care and beauty products helped Procter & Gamble Co's exceed analyst estimates for quarterly revenue and profit on Tuesday, even as grooming product sales were hurt by a stronger U.S. dolla...

Honeywell beats profit estimates, raises full-year forecast

6:20am, 18th April, 2019

Business

Honeywell beats profit estimates, raises full-year forecast

Honeywell International Inc on Thursday reported a better-than-expected quarterly profit and raised its full-year financial forecast as a boom in air travel drove demand for its aircraft parts used in the airline industry.

BlackRock quarterly profit falls 3.3 percent

5:34am, 16th April, 2019

Business

BlackRock quarterly profit falls 3.3 percent

BlackRock Inc, the world's largest asset manager, on Tuesday reported a 3.3 percent drop in quarterly profit, as investors shunned its expensive funds and flocked toward low risk, inexpensive funds.

Stocks mostly flat on profit concerns, oil gains

2:41pm, 8th April, 2019

Business

Stocks mostly flat on profit concerns, oil gains

NEW YORK - A gauge of global equities was mostly flat on Monday as another drop in Boeing shares and concerns U.S. companies will report a decline in earnings for the first time in three years were offset by rising crude prices that lifted oil shares...

Samsung Electronics sees lowest quarterly profit in more than two years

9:16pm, 4th April, 2019

Business

Samsung Electronics sees lowest quarterly profit in more than two years

Samsung Electronics Co Ltd said on Friday it was heading for its lowest quarterly profit in more than two years as a glut in memory chips, slowing panel sales and rising competition in smartphones hit margins.

H&M first-quarter pretax profit falls less than expected

2:41am, 29th March, 2019

Business

H&M first-quarter pretax profit falls less than expected

Swedish fashion retailer H&M reported on Friday a smaller than expected fall in fiscal first-quarter pretax profit as it sold more products at full price and improvement in purchasing and logistics.

BMW delivers 2019 profit warning and plan to cut costs by 12 billion euros

7:19am, 20th March, 2019

Business

BMW delivers 2019 profit warning and plan to cut costs by 12 billion euros

BMW expects group pretax profit to fall by more than 10 percent this year, it said on Wednesday as it announced a sweeping 12 billion euro ($13.6 bln) savings and efficiency plan to help offset higher technology investment and currency costs.

JPMorgan keeps key profit goal, cautious on U.S. recession risks

3:04pm, 26th February, 2019

Business

JPMorgan keeps key profit goal, cautious on U.S. recession risks

JPMorgan Chase & Co, the biggest U.S. bank by assets, said on Tuesday it expects to face rising costs for deposits, a key part of its business, and slowing global economic growth.

HSBC's 2018 profit misses estimates; China weakness poses growth risks

12:12am, 19th February, 2019

Business

HSBC's 2018 profit misses estimates; China weakness poses growth risks

HSBC Holdings Plc posted on Tuesday a 15.9 percent rise in 2018 profit, supported by business growth in its core markets of Asia and Britain, but market weakness in the fourth quarter resulted in the bank missing street estimates.

PepsiCo forecasts surprise drop in 2019 adjusted profit

6:47am, 15th February, 2019

Business

PepsiCo forecasts surprise drop in 2019 adjusted profit

PepsiCo Inc forecast a surprise drop in full-year profit on Friday, hit by a stronger dollar, increased investments in its business and a higher tax bill.

U.S. banking sector reports $62 billion profit in third quarter: FDIC

3:30pm, 20th November, 2018

Business

U.S. banking sector reports $62 billion profit in third quarter: FDIC

The U.S. banking sector reported $62 billion in profits in the third quarter, up 29.3 percent from the same period a year ago, according to quarterly data from the Federal Deposit Insurance Corporation.

Small UK factories downbeat on profit as Brexit nears - survey

5:26am, 6th November, 2018

UK

Small UK factories downbeat on profit as Brexit nears - survey

Small and medium-sized British factories are braced for the worst profits outlook in at least nine years, according to a survey on Tuesday that showed companies putting investment plans on ice ahead of Brexit.

Search by tag: #profit

Insurance, economy weigh on Berkshire Hathaway operating profit

Tencent first quarter profit rises 17 percent, beats forecast

Nissan flags weakest profit in 11 years as Ghosn woes weigh

SoftBank Group unveils stock split, rakes in higher profit on tech bets

DowDuPont profit falls 28 percent on delayed shipments, weak chemical demand

Bayer's profit gets boost from Monsanto but legal burden mounts

Tesla's Musk 'sees merit' in capital raise, vows profit in third quarter after large loss

Tesla promises return to profit after first-half losses

P&G beats profit, sales estimates with price hikes

Honeywell beats profit estimates, raises full-year forecast

BlackRock quarterly profit falls 3.3 percent

Stocks mostly flat on profit concerns, oil gains

Samsung Electronics sees lowest quarterly profit in more than two years

H&M first-quarter pretax profit falls less than expected

BMW delivers 2019 profit warning and plan to cut costs by 12 billion euros

JPMorgan keeps key profit goal, cautious on U.S. recession risks

HSBC's 2018 profit misses estimates; China weakness poses growth risks

PepsiCo forecasts surprise drop in 2019 adjusted profit

U.S. banking sector reports $62 billion profit in third quarter: FDIC

Small UK factories downbeat on profit as Brexit nears - survey

After election threat, MPs begin no-deal Brexit showdown

Divers search for last bodies in California boat fire, investigations begin

Hungary charges Syrian accused of beheading, killing for IS

Executive's flight to PSA highlights Renault-Nissan alliance tensions

Democrats plan to probe Trump's role in hush-money payments: report