Morgan Stanley Q1 Results Tops Estimates
Financial services firm Morgan Stanley (MS) reported Tuesday a profit for the first quarter that increased 15 percent from last year, driven by revenue growth across its operating segments and lower p... Full Article
Ericsson Q1 Profit Surges, Sees Sales To Stabilize In H2; Stock Climbs
Shares of LM Ericsson were gaining more than 6 percent in the morning trading in Stockholm as well as around 8 percent in pre-market activity on the Nasdaq after the Swedish telecom major reported Tue... Full Article
Goldman Sachs Q1 Profit Up 27%, Results Top Estimates
Goldman Sachs Group Inc. (GS) reported Monday that profit for the first quarter grew 27 percent from last year, reflecting double-digit net revenue growth across all its operating segments. Both earni... Full Article
JPMorgan Q1 Profit Up 6%, Results Top Estimates
US investment bank JPMorgan Chase & Co. (JPM) reported Friday a profit for the first quarter that grew six percent from last year, driven by double-digit net interest income growth and lower provi... Full Article
CarMax Q4 Results Miss Estimates
Used vehicle retailer CarMax Inc. (KMX) announced Thursday a profit for fourth quarter that decreased 27 percent from last year, hurt by lower gross margins amid the decrease in average selling price ... Full Article
Trump Media Stock Hit On Loss In FY23
Shares of Trump Media & Technology Group Corp. or TMTG tanked on the Nasdaq stock exchange on Monday after the operator of the social media platform Truth Social founded by former U.S. President D... Full Article
Kingfisher FY Results Weak, Warns On New Year Profit
Kingfisher plc reported Monday a weak profit in its fiscal year ended January 31, with slightly lower net sales. For the first-quarter to date, like-for-like sales were lower, and the company warned o... Full Article
BMW Q4 Results Climb; Cuts Dividend, Sees Weak Earnings In FY24
German automajor BMW Group reported Thursday higher profit in its fourth quarter as strong demand boosted its revenues. Meanwhile, net earnings in fiscal 2023 were lower, and the firm trimmed its divi... Full Article
BioNTech Q4 Net Profit Plummets
Immunotherapy company Biopharmaceutical New Technologies or BioNTech SE (BNTX) announced Wednesday a profit for the fourth quarter that plummeted from last year, reflecting sharply lower global delive... Full Article
Prudential Posts Profit In FY23, Says Confident Of FY27 View; But Stock Down
Prudential plc reported Wednesday a profit in its fiscal 2023, compared to prior year's loss, with significant growth in new business profit. The company also lifted its dividend for the year. Regardi... Full Article
RWE Stock Up On FY23 Adj. Profit, Dividend Growth; Backs Weak FY24 Profit View
German utility RWE AG reported Thursday sharply lower profit in its fiscal 2023 with weak revenues, while adjusted EBIT and EBITDA, key earnings metrics, were higher. Further, the company announced hi... Full Article
Adidas Q4 Loss Narrows, Sees Weak Sales In North America; Stock Down
German sportswear giant adidas AG Wednesday reported a narrower net loss in its fourth quarter amid weak revenues. In fiscal 2023, the company slipped to a loss, reportedly the first loss in 30 years,... Full Article
Dollar Tree Slips To Hefty Loss In Q4 On Charges
Dollar Tree, Inc. (DLTR) reported Wednesday a hefty net loss for the fourth quarter compared to a profit last year, hurt by huge charges, despite gross margin improvement and revenue growth. Adjusted ... Full Article
Kohl's Swings To Profit In Q4; Results Top Estimates
Department store chain Kohl's Corp. (KSS) on Tuesday reported a profit for the fourth quarter compared to a loss last year, boosted by improved margins and lower expenses, despite a small decline in r... Full Article
Merck KGaA Posts Weak FY23 Results; Sees Organic Growth In FY24
German science and technology major Merck KgaA reported Thursday weak profit and sales in fiscal 2023 amid a challenging market environment. Higher sales in Healthcare business sector were more than o... Full Article