37.15 F
New York
November 27, 2021

profit

Dell’s quarterly profit more than quadruples on strong PC demand

Reuters
The logo of a Dell laptop computer is pictured in Pasadena, California July 17, 2013. REUTERS/Mario Anzuoni Register now for FREE unlimited access to reuters.com Register Nov 23 (Reuters) – Laptop maker Dell Technologies Inc (DELL.N) said on Tuesday profit surged more than four-fold in the third quarter, as demand......

Tencent boosts Prosus profit, e-commerce trading loss widens

Reuters
A logo of Prosus is diplayed at Amsterdam’s stock exchange building as Prosus begins trading on the Euronext stock exchange in Amsterdam, Netherlands, September 11, 2019. REUTERS/Piroschka van de Wouw/File Photo Register now for FREE unlimited access to reuters.com Register AMSTERDAM/JOHANNESBURG, Nov 22 (Reuters) – Prosus, which owns a $175......

Analysis: Banks profit from building up and breaking up companies

Reuters
Nov 16 (Reuters) – It is a constant dilemma facing companies; do they acquire or shed businesses to boost shareholder returns? Investment bankers profit every time the answer involves a deal, even if it represents an about-face for the companies. Last week’s announcements by General Electric Co (GE.N), Toshiba Corp......

Japan’s largest bank MUFG forecasts annual net profit to hit record

Reuters
Signboards of MUFG Bank are seen in Tokyo, Japan April 3, 2018. REUTERS/Toru Hanai/File Photo TOKYO, Nov 15 (Reuters) – Mitsubishi UFJ Financial Group Inc (MUFG) (8306.T) on Monday forecast record annual net profit, thanks to the release of cash from pandemic-related provisions as well as a drop in other......

Legacy coal and nuclear stations drive RWE profit

Reuters
A RWE logo is seen in this illustration taken October 20, 2021. REUTERS/Dado Ruvic/Illustration Nine-month core profit up 6% at 2.4 bln euros Profit at nuclear/coal unit nearly double Shares up 1.9% FRANKFURT/DUESSELDORF, Nov 11 (Reuters) – RWE (RWEG.DE), Germany’s largest power producer, posted a 6% rise in nine-month core......

College athletes profit from new NCAA policy

CBS News
CBS News – For more and to sign up click here College athletes profit from new NCAA policy – CBS News Watch CBSN Live College athletes can now get paid for their name, image and likeness under a new NCAA policy. Dana Jacobson sits down with University of Kentucky athletes......

Nissan raises profit outlook as production cut lifts margins

Reuters
A visitor is seen at a Nissan Motor Corp. showroom in Tokyo, Japan November 11, 2020. REUTERS/Issei Kato TOKYO, Nov 9 (Reuters) – Nissan Motor Co (7201.T) on Tuesday raised its full-year operating profit outlook by a fifth as its margins got a boost from newer models and lower sales......

Kellogg profit falls 12%; strike talks continue

FoodBusinessNews
BATTLE CREEK, MICH. — Like many major food companies, Kellogg Co. has been working its way through a difficult operating environment marked by bottlenecks and shortages and high cost inflation. But unlike the others, the Battle Creek-based company now finds itself dealing with a month-long strike, an issue that dominated......

Uber posts operating profit but forecast lags Lyft, analyst targets

Reuters
A screen displays the company logo of Uber Technologies Inc on the day of its IPO at the New York Stock Exchange (NYSE) in New York, U.S., May 10, 2019. REUTERS/Brendan McDermid Nov 4 (Reuters) – Uber Technologies Inc (UBER.N) on Thursday reported its first profitable quarter on an adjusted......

Kellogg warns of hit to profit as workers’ strike drags on

Reuters
Kellogg’s Corn Flakes cereal is pictured at a Ralphs grocery store in Pasadena, California August 3, 2015. REUTERS/Mario Anzuoni/File Photo Nov 4 (Reuters) – Kellogg Co (K.N) on Thursday warned a workers’ strike at its U.S. cereal plants could dent annual profit as the Froot Loops maker braces for an......

Higher raw material costs weigh on Geberit profit

Reuters
ZURICH, Nov 3 (Reuters) – Geberit (GEBN.S) is seeing “significant challenges on the raw materials markets”, the Swiss building supplies company said on Wednesday, as higher costs weighed on profit growth during the third quarter. The maker of piping and bathroom ceramics reported sales rising 7.6 % to 854.8 million......

Lyft reports an adjusted profit as riders, drivers return; shares jump

Reuters
The Lyft Driver Hub is seen in Los Angeles, California, U.S., March 20, 2019. REUTERS/Lucy Nicholson/File Photo NEW YORK, Nov 2 (Reuters) – Lyft Inc (LYFT.O) on Tuesday reported an adjusted profit for the third quarter as a bruising year of pandemic-related cost cuts paid off and more drivers and......

BP posts $3.3 billion third-quarter profit, beating estimates as oil prices surge

CNBC
CNBC – For more and to sign up click here BP logos are seen at a BP petrol and diesel filling station southeast of London on June 15, 2020. BEN STANSALL | AFP | Getty Images Oil and gas giant BP beat third-quarter earnings expectations on Tuesday, fueled by surging......

Ryanair posts first quarterly profit since 2019 but sees annual loss

Reuters
A Ryanair plane takes off from Manchester Airport as the spread of the coronavirus disease (COVID-19) continues in Manchester, Britain June 21, 2020. REUTERS/Phil Noble 225 mln euro profit in July-Sept quarter Sees loss of 100-200 mln euro for year Drops earlier guidance of possible break-even Shares down 0.4% after......

Saudi Aramco’s quarterly profit surges on oil price, volumes

Reuters
A view shows branded oil tanks at Saudi Aramco oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov/File Photo DUBAI, Oct 31 (Reuters) – Saudi Arabian state oil producer Aramco (2222.SE) said on Sunday its third-quarter net profit more than doubled, boosted by higher crude oil prices and......

Saudi Aramco posts 160% rise in third quarter profit, chairman calls for ‘stable’ energy transition

CNBC
CNBC – For more and to sign up click here Saudi Aramco logo is pictured at the oil facility in Abqaiq, Saudi Arabia October 12, 2019. Maxim Shemetov | Reuters DUBAI, United Arab Emirates — Saudi Arabia’s oil giant Aramco has posted a 158% increase in third quarter net income to......

Phillips 66 profit blasts past estimates on refining margins boost

Reuters
A Phillips 66 sign is seen at a gas station in the Chicago suburb of Wheeling, Illinois, U.S., October 27, 2016. REUTERS/Jim Young Oct 29 (Reuters) – Phillips 66 (PSX.N) posted a quarterly profit that trounced market expectations on Friday, as its refining margins jumped nearly five-fold on resurging demand......

Exxon posts highest quarterly profit in years, but revenue disappoints

CNBC
CNBC – For more and to sign up click here A logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro, Brazil September 24, 2018. Sergio Moraes | Reuters Exxon said Friday that its third-quarter profit was the highest......

Brazil’s Petrobras posts big profit just after Bolsonaro says it is too profitable

Reuters
People walk in front of the headquarters of Petroleo Brasileiro S.A. (Petrobas) in Rio de Janeiro, Brazil March 9, 2020. REUTERS/Sergio Moraes/File Photo RIO DE JANEIRO, Oct 28 (Reuters) – Brazil’s Petrobras (PETR4.SA)posted third-quarter results on Thursday that smashed profit and margin estimates, less than two hours after President Jair......

Oil giant Shell misses on third-quarter profit as Dan Loeb calls for the company to break up

CNBC
CNBC – For more and to sign up click here Gasoline prices at a Royal Dutch Shell Plc gas station in San Francisco, California, U.S., on Wednesday, July 7, 2021. David Paul Morris | Bloomberg | Getty Images LONDON — Oil giant Royal Dutch Shell on Thursday reported weaker-than-expected third-quarter......

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Click whichever is suitable. Accept Read More