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A decline in Tesla"s regulatory credit sales could be devastating to its future profitability, strategist says
"The loss of these regulatory credit revenues for Tesla is devastating and brings.....»»
Exelon loses nearly $300M in first quarter, blames Texas storms
Exelon Corp. reported a first-quarter loss of $289 million, after reporting a profit in the same period a year earlier. The company blamed the results o.....»»
Berkshire Hathaway reports $11.7 billion profit as manufacturing, service, retail recover from pandemic
Berkshire’s net earnings hit $11.7 billion for the first quarter of 2021, up from a $49.7 billion loss a year earlier......»»
HSBC beats expectations with 79% jump in Q1 pre-tax profit as cautious outlook prompts credit loss reversal
Europe's largest lender said profit-before-tax came in at $5.8 billion, beating the $3.4 billion expectation of analysts polled by the bank. REUTERS/ Bobby Yip HSBC posted a 79% jump in Q1 pre-tax profit that beat analyst expectati.....»»
Morgan Stanley books Archegos loss, but profit hits new high
Morgan Stanley's first-quarter profit more than doubled from a year earlier, reporting a profit of $4.1 billion, despite the bank's record performance being offset by Archegos losses......»»
Wells Fargo earnings boosted by release of $1.6 billion in loan loss reserves
Wells Fargo & Co. posted stronger-than-expected profit and revenue for the first quarter, boosted by the release of $1.6 billion in its reserv.....»»
Walmart reports Q4 profit miss, guides for "slight" earnings decline
Walmart Inc. shares fell 4.9% in Thursday premarket trading after the retail giant reported a fourth-quarter earnings miss and gave weak guidance. Net loss totaled $2.09 billion, or 7.....»»
AIG profit falls on catastrophes, travel insurance and COVID impact
Insurance conglomerate American International Group Inc.’s net income swung to a loss on mark-to-market adjustments in hedging programs primarily for certain products sold by its life-insurance unit......»»
U.S. Postal Service swings to Q1 net profit $318 mln vs. loss $748 mln a year ago
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»
U.S. Postal Service Q1 controllable profit $727 mln vs. loss $387 mln a year ago
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»
AUO swings to profit in 2020
AU Optronics (AUO) has reported net profit of NT$3.38 billion (US$12.09 million) for 2020, improving from net loss of NT$19.19 billion for 2019......»»
Exxon Mobil reports a $20 billion net loss, but an adjusted profit that tops forecasts
Shares of Exxon Mobil Corp. rose 1.9% in pre.....»»
UPS reports wider net loss, but stock rallies as adjusted profit and revenue rise above expectations
Shares of United Parcel Service Inc. surged 3.7% in premarket trading Tuesday, after th.....»»
McKesson swings to net loss on $8 billion opioid charge, but adjusted profit rises above forecasts
Shares of McKesson Corp. rose 0.7% in premarket trading Tuesday, after the health care supply a.....»»
BP lost $5.7 billion in 2020, its first annual loss in 10 years, as oil and gas demand slumped during the pandemic
BP reported a profit of $115 million in the last quarter of 2020, falling short of analysts' estimates. BP gas station in SOUTHGATE, MICHIGAN Gregory Shamus/Getty Images BP report.....»»
U.S. Steel swings to a profit in 4Q, but sees net loss for year
The company saw net losses attributable in part due to the Covid-19 pandemic......»»
GameStop, AMC, Blackberry, Bed Bath & Beyond extreme trading profit and loss
Robinhood on Friday plans to resume limited buys of the casino like securities roiling markets......»»
Altria profit falls short, while revenue beats
Altria Inc. said it had net income of $1.924 billion, or $1.03 a share, in the fourth quarter, after a loss of $1.809 billion, or $1.00 a share, in the year-earlier period. Adjusted per-share earnings came to 99 cents, below the $.....»»
Goldman Smashes Revenue, Profit Expectations As Loss Provisions Slide
Goldman Smashes Revenue, Profit Expectation.....»»
Madison Square Garden Is Able To Patiently Wait For The Return Of Sport Events
On Monday, the New York-based sports team and entertainment company, Madison Square Garden Sports Corp. (NYSE: MSGS) reported a fiscal third-quarter loss of $118 million, after reporting a profit in the same period a year earlier. read more.....»»