Earnings News
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The world's largest chemical producer, BASF SE, fired a warning shot across industries, saying slowing markets from cars to crops and the impact of the U.S.-China trade war threaten to cut profits by 30 percent this year.
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By AFP
San Francisco -
Apple delivered stronger-than-expected results Tuesday for the past quarter as gains in services helped offset slumping iPhone sales, sparking a rally in shares of the technology giant.
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By AFP
Mexico -
Mexican state oil company Pemex registered a loss of 35.7 billion pesos ($1.88 billion) in the first quarter of 2019, it announced Tuesday, falling back into the red despite a government bailout.
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The tech industry is fighting an uphill battle when it comes to gender equality. One study suggests men are offered higher salaries than women for the same job roles 63 percent of the time. Rachel Ernst outlines what can be done.
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By AFP
Paris -
Agence France-Presse made a net loss of 2.6 million euros ($2.8 million) in 2018, down on 4.8 million in 2017, helped by higher commercial receipts, but warned that 2019 will be a challenging year.
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By AFP
Paris -
Agence France-Presse made a net loss of 2.6 million euros ($2.8 million) in 2018, down on 4.8 million in 2017, helped by higher commercial receipts, but warned that 2019 will be a challenging year.
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Stock in Tilray the Canadian pot company now sits finely poised between earnings due on today after the bell and a shortage of stock to short.
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By AFP
Abu Dhabi -
Abu Dhabi's Etihad Airways posted a loss in 2018 for the third year running, it said Thursday, blaming investment losses and challenging market conditions.
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By AFP
Fpo -
Hong Kong flag carrier Cathay Pacific on Wednesday announced a net profit of HK$2.35 billion ($299 million) last year, ending two successive annual losses after a massive overhaul.
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Target announced its fourth quarter earnings this morning, with brick-and-mortar sales growth of nearly 3 percent, and online sales growth of 31 percent. The growth in both areas show changing consumer preferences.
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By AFP
Dubai -
Dubai budget carrier flydubai chalked up a loss of $43.5 million in 2018, it said Wednesday, as airlines across the Gulf struggle with mounting costs and political tensions.
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By AFP
Fpo -
Banking giant HSBC said on Tuesday that pre-tax profit rose last year but it suffered a bruising final quarter as worries over the global economy and the US-China trade war began to bite.
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By AFP
Fpo -
Banking giant HSBC said on Tuesday that pre-tax profit rose 16 percent to $19.9 billion last year with growth across its global businesses despite a "challenging external environment in the fourth quarter".
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By AFP
Paris -
Renault profits fell sharply last year, the French automaker said Thursday, releasing its first annual results since the shock arrest in Japan of former boss Carlos Ghosn.
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By AFP
Frankfurt Am Main -
Germany's biggest lender Deutsche Bank reported Friday a profit for the first time in four years, with executives looking to convince investors and media a phase of "controlled growth" has begun.
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The number of workers taken on by U.S. firms increased at the end of 2018, hitting a ten month high, although many of these jobs were in the lower pay range. Will this trend continue into 2019? Signals are this year will see a more precarious situation.
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By AFP
Apo -
Japanese car giant Toyota upgraded its full-year forecast Tuesday, as the firm posted a 16-percent gain in net profit for the six months to September thanks to steady global sales and cost-cutting efforts.
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Alphabet and Amazon have both reported healthy third-quarter earnings. What does this mean for digital advertising? Analysis is provided by Investing.com Senior Analyst, Clement Thibault.
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By AFP
Bejing -
Chinese e-commerce giant Alibaba Friday posted a 54 percent boost in revenue in the second quarter and saw profits rebound ahead of Singles Day, the largest shopping holiday of the year in China.Alibaba reported a net profit of 20 billion yuan ($2.
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By AFP
Washington -
Twitter reported Thursday stronger-than-expected profits and revenues in the third quarter, igniting a strong rally in shares of the key social network.
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By AFP
San Francisco -
Electric car maker Tesla on Wednesday reported an "historic" quarterly profit driven by demand for its mass market Model 3, as the company looks beyond its US home base to Europe and China.
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By AFP
Frankfurt Am Main -
Germany's biggest lender Deutsche Bank reported tumbling profits and ebbing revenues in the third quarter Wednesday, failing to meet analyst forecasts as its latest restructuring weighs on performance.
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By AFP
Dublin -
Ryanair's first half to September profits fell seven percent to €1.2 billion, the low-cost airline announced Monday, after widespread strike action by pilots and cabin crew disrupted operations.
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By AFP
Paris -
It is a question that millions of parents want answered: will the wildly popular online survival battle game Fortnite soon lose its grip on the attention of their school-age children?
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By AFP
China's biggest oil producer PetroChina said Thursday its net profit more than doubled in the first half of the year as global crude prices soared.Net profit surged 113.7 percent from the same period last year to 27.1 billion yuan ($4.
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By AFP
London -
Britain's Asia-focused bank HSBC on Monday revealed a $765-million US fine over the lender's actions in the run-up to the subprime crisis, as it also logged rising first-half profits.
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By AFP
Fpo -
Banking giant HSBC said on Monday that pre-tax profit rose 4.58 percent to $10.7 billion in the first six months of the year and voiced "cautious optimism" despite the China-US trade row.
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Ford, General Motors, and Fiat Chrysler cut profit forecasts and their shares fell sharply on Wednesday, in a clear sign the global trade war is hurting the world’s largest car makers.
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By AFP
San Francisco -
Microsoft on Thursday said its revenue and profit climbed in the recently ended quarter, getting results from its bets on cloud computing services and artificial intelligence.The US tech giant reported its net income increased 10 percent to $8.
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By AFP
San Francisco -
Netflix shares plunged Monday after the leading streaming television service said subscriber growth fell short of expectations in the recently ended quarter.Membership in the quarter grew 5.
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Earnings Image
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