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November 27, 2021

profits

China’s industrial profits growth accelerates in Oct

Reuters
A worker welds a bicycle steel rim at a factory manufacturing sports equipment in Hangzhou, Zhejiang province, China September 2, 2019. China Daily via REUTERS/File Photo Register now for FREE unlimited access to reuters.com Register BEIJING, Nov 27 (Reuters) – Profits at China’s industrial firms grew at a faster pace......

Rivian and Lucid shares continue to fall as investors take profits

CNBC
CNBC – For more and to sign up click here Shares of Rivian and Lucid Motors continued to fall Thursday as investors take profits and pull back from some of the EV hype driven by Rivian’s monster market debut. Rivian dropped more than 16% and Lucid was down about 15%......

Cramer’s advice on Lucid and Rivian: Heed lessons from the dot-com bubble and take profits

CNBC
CNBC – For more and to sign up click here CNBC’s Jim Cramer on Wednesday urged investors in high-flying electric vehicle stocks to remain disciplined, leaning on the history of the dot-com bubble to inform his latest market advice. “I can’t blame anyone who wants to find the next Tesla......

J&J Snack Foods profits surge in fiscal ‘21

FoodBusinessNews
PENNSAUKEN, NJ. — Surging sales of core products such as soft pretzels, churros, bakery products and frozen beverages helped lift fourth-quarter sales 28% at J&J Snack Foods Corp. Signaling a recovery from the steep drop the company sustained in fiscal 2020, sales and earnings for the year ended Sept. 25......

Airbnb profits surge 280% in third quarter

CNBC
CNBC – For more and to sign up click here Rafael Henrique | LightRocket | Getty Images Airbnb reported strong third-quarter profit growth and a beat on revenue estimates Thursday, as the company continues its recovery from Covid-19 and travel returns as vaccinations efforts ramp up worldwide. Shares briefly rose......

BP profits rise amid soaring energy prices

BBC
https://www.bbc.co.uk/news/articles/cx33n725jvno?at_medium=RSS&at_campaign=KARANGA BP’s profits have risen sharply as oil and gas prices soar amid a global economic bounce back. Its boss Bernard Looney told Reuters that the oil giant was “a cash machine at these sort of prices”. BP said underlying replacement cost profit, its most closely-watched measure of profit, was......

Tech executives testify on social media safety

CBS News
CBS News – For more and to sign up click here Tech executives testify on social media safety – CBS News Watch CBSN Live Facebook isn’t the only social media network that finds itself in the crosshairs of Congress. Today, executives from Snapchat, TikTok and YouTube were warned to do......

Bed Bath & Beyond shares dive more than 25% as supply chain issues hit sales, inflation eats into profits

CNBC
CNBC – For more and to sign up click here People walk out of a Bed Bath & Beyond store amid the coronavirus disease (COVID-19) pandemic in New York, January 27, 2021. Carlo Allegri | Reuters Bed Bath & Beyond shares tanked more than 28% in premarket trading Thursday as......

Procter & Gamble heirs speaking out about climate change and the company’s role

CBS News
CBS News – For more and to sign up click here Procter & Gamble heirs speaking out about climate change and the company’s role – CBS News Watch CBSN Live Some environmental groups have been hammering P&G about its policies for years, but these voices come from a place much......

Profit Singularity Reviews – Can You Really Earn Sizeable Profits With This Affiliate Marketing Training Course?

ClevelandScene
Profit Singularity is an online program that features various tools, tips, and tricks to maximize your monthly earnings with affiliate marketing. According to profitsingularity.com, this program is suitable for both amateurs and professionals alike and can help them redefine profit generation by selling other people’s stock. There are three masterminds......

A Nick to Apple’s Profits Could Be a Windfall for App Developers

New York Times
Dan Burkhart, the chief executive of Recurly, a subscription management and billing platform that works with more than 2,000 companies, said many of the app developers he communicates with regularly were buzzing with enthusiasm on Friday afternoon. Larger companies with “established momentum and notoriety” are likely to benefit from being......

CMC warns on profits as trading volumes ease after frenzy

Reuters
Dealers work at their desks whilst screens show market data following a vote on Prime Minister Theresa May’s Brexit ‘plan B’ at CMC Markets in London, Britain, January 30, 2019. REUTERS/Dylan Martinez CMC says market activity subdued Shares slump 27%, set for worst day since 2016 Sept 2 (Reuters) –......

Peloton investors face a new reality as fitness company’s costs eat into profits

CNBC
CNBC – For more and to sign up click here Jen Van Santvoord rides her Peloton exercise bike at her home on April 07, 2020 in San Anselmo, California. Ezra Shaw | Getty Images Peloton investors were in for a rude awakening on Thursday. Many expected to see the connected......

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