Japan"s Denso sees 70-80 billion yen hit from U.S. import restrictions: media
Japanese automotive components maker Denso Corp said on Tuesday that it expects to take a hit of up to 80 billion yen ($719 million) this year if the United States raises auto tariffs, Japanese media reported......»»
Toyota sees 80% profit drop as virus wipes $14 billion off car sales
Toyota Motor Corp said on Tuesday it expects profit to drop by 80% to its lowest in nine years, as Japan's biggest automaker grapples with the impact of the novel coronavirus which has sapped global demand for vehicles......»»
Rakuten sees $947 million loss from Lyft investment in latest quarter
Japan's Rakuten Inc said on Tuesday it expects to take a 103 billion yen ($947 million) loss in the latest quarter on its investment in U.S. ride-hailing firm Lyft Inc......»»
SoftBank Corp to spend $4 billion to up Yahoo Japan stake, sees profit rising 24 percent
Japanese telco SoftBank Corp said on Wednesday it would spend $4 billion to up its stake in Yahoo Japan and turn the internet company into a subsidiary, which would help boost its profit by 24 percent this year......»»
What you need to know about Skydance"s bid for Paramount, from financing a deal worth $32 billion to its plans for the media empire
Skydance and its private equity backer are wooing Paramount. The newest bid: a premium for common shareholders and und.....»»
GSK Sees Strong Demand For Vaccines and Asthma Drugs, Raises Annual Outlook
Wednesday, GSK Plc (NYSE:GSK) reported first-quarter sales of $9.33 billion (7.4 billion Sterling Pounds), up 10% Y/Y and 13% excluding COVID. .....»»
ON Semiconductor At "Cyclical Trough" After Q1 Earnings Beat, Analyst Sees 25% Upside
ON Semiconductor reported Q1 revenue came of $1.86 billion; Adjusted EPS was $1.08, driven by stability in traditional industrial segme.....»»
Nvidia Supplier SK Hynix Sees First Profit In 5 Quarters, Credits AI Chip Demand
The South Korean memory chip manufacturer recorded a net profit of 1.92 trillion South Korean won ($1.39 billion) in the first quarter, a stark contrast to the 2.58 trillion won loss in the same period last year. read more.....»»
Record Large 2Y Auction Sees Stellar Demand, First Stop Through Of 2024
Record Large 2Y Auction Sees Stellar Demand, First Stop Through Of 2024 Bond traders were paying close attention to today's 2Y auction not only because at $69 billion in size, it would once again break the .....»»
Goldman Sachs Sees Resurgence In Debt Underwriting And Deal Activity, Q1 Profit Jumps 28%
On Monday, Goldman Sachs Group Inc. (NYSE:GS) reported revenue of $14.21 billion for the first quarter of 2024, beating the consensus of $12.92 billion. Sales increased 16% year over y.....»»
Google Invests $1B In Subsea Cables To Strengthen US-Japan Digital Connectivity
Google commits $1 billion to enhance digital connectivity on heels of Biden's meeting with Japanese Prime Minister Fumio Kishida. read more.....»»
Why "Nintendo Marriage" Is Trending On Social Media
The announcement of the marriage between two celebrities in Japan has been termed as “Nintendo Marriage” on social media as both appeared in advertisements of Nintendo Co. read more.....»»
Where WarnerMedia-Discovery will find $3 billion in cuts
Plus: TV ad prices spike, Anheuser-Busch's data play, and more. Hi and welcome to the Insider Advertising newsletter, where we break down the big news in advertising and media news, including:WarnerMedia-Discovery cutsTV ad prices spikeAnheuser-Bus.....»»
AT&T to combine its media business, including HBO and CNN, with Discovery in $43 billion deal
The deal announced Monday would create a s.....»»
AT&T to combine its media business with Discovery in $43 billion deal
The deal announced Monday would create a s.....»»
: AT&T to combine WarnerMedia business with Discovery in $43 billion deal
AT&T Inc. plans to combine its WarnerMedia business with Discovery Communication Inc.'s entertainment business to create a standalone media company with greater scale in the streaming ecosystem......»»
Disney, one of the major business stories of the pandemic, signals its belief that bright days are imminent
Despite dismal financial results, Disney sees the coming end of pandemic restrictions......»»
Disney, one of the great business casualties of the pandemic, signals its belief that bright days are imminent
Despite dismal financial results, Disney sees the coming end of pandemic restrictions......»»
Disney misses on parks revenue, streaming subscribers but sees strong growth ahead
Disney reported overall revenue of $15.6 billion, compared to $18 billion a year ago. Excluding certain items, Disney's diluted earnings per share came in at 79 cents per share, compared to 60 cents per share a year ago......»»
Digital-news outfit Vice Media is eyeing a $3 billion SPAC merger - half its worth 4 years ago, report says
That would be a discount from.....»»
Townsquare Media sees FY21 revenue $395M, consensus $393.36M
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»