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Robust profit growth at big U.S. banks

Three of the largest U.S. banks posted double-digit percentage profit growth in the latest quarter, pushing their beleaguered shares up at the market open. Fred Katayama reports......»»

Category: videoSource: reutersOct 12th, 2018

Carnival (CCL) Banks on Strategic Initiatives for Growth

Carnival's (CCL) performance is likely to be driven by addition of ships and robust booking trend. Carnival Corporation CCL i.....»»

Category: worldSource: nytOct 17th, 2018

Profits surge at Goldman Sachs, Morgan Stanley

Quarterly profit jumped at investment banks Goldman Sachs and Morgan Stanley, helped by growth in equities trading and underwriting. Fred Katayama reports......»»

Category: videoSource: reutersOct 16th, 2018

Graphic: U.S. banks enjoy benefits of a growing economy, lower taxes

The U.S. banking industry is enjoying the benefits of a growing economy and lower taxes, if the double-digit profit growth posted by three major lenders on Friday is any indication......»»

Category: topSource: reutersOct 12th, 2018

U.S. banks profit from higher rates, more loans and lower costs

The U.S. banking industry is enjoying the benefits of a growing economy and lower taxes, and three of the largest lenders reported double-digit profit growth on Friday......»»

Category: topSource: reutersOct 12th, 2018

BANKS: When it comes to affordable housing, it’s time to look at the bigger picture

New York City’s robust growth in population and employment are increasing the economic pressure on our housing stock — market rate and aff.....»»

Category: realestateSource: realestateweeklyJul 24th, 2018

Profit Gains at JPMorgan, Citigroup Reflect a World in Growth Mode

Bank CEOs cited job growth, capital expenditures as profits moved higher in second-quarter results, while adding that trade issues weren’t yet hurting banks......»»

Category: smallbizSource: wsjJul 13th, 2018

Surge Components, Inc. Announces Fiscal First Quarter 2018 Results

Robust Customer Growth Drives 23.3% year-over-year Increase in Consolidated Net Sales Focus on High Margin Customers and Operational Efficiencies Drives 28.7% year-over-year Increase in Gross Profit Financial Highlights for the Fiscal Firs.....»»

Category: earningsSource: benzingaApr 16th, 2018

Win Semi looks to 3D sensing, 5G for growth

GaAs IC foundry Win Semiconductors expects robust demand for 3D sensing and 5G related applications to drive its mid- and long-term business growth......»»

Category: topSource: digitimes10 hr. 14 min. ago

PepsiCo says investments to drive sales will dent profit this year

PepsiCo Inc said on Friday increased investments in advertising and products aimed at boosting sales growth would lead to a fall in profit this year......»»

Category: topSource: reutersFeb 15th, 2019

Groupon"s Transition Year Keep Analysts On The Sidelines

Groupon Inc (NASDAQ: GRPN) stock took a hit this week after the company reported weaker-than-expected fourth-quarter earnings and guided for flat profit growth in 2019. Latest Ratings for GRPN Date.....»»

Category: blogSource: benzingaFeb 14th, 2019

Nestle profit rise amid deal-making, eyes future of Herta

Nestle says net profit rose more than 40 percent last year, pointing to revived growth in its key Chinese and U.S. markets and laying out plans to slice off its Herta cold cuts businesses to focus more on plant-based foods and "high-growth" categories......»»

Category: topSource: foxnewsFeb 14th, 2019

U.S. Tax Revenues Fall, Deficit Widens in Wake of New Tax Law

Federal tax revenue declined 0.4% in 2018, the first full calendar year under the new tax law, despite robust economic growth and the lowest unemployment rate in nearly five decades......»»

Category: smallbizSource: wsjFeb 14th, 2019

Cisco Evades Trade Fallout as Revenue, Profit Rise

Cisco Systems boosted its quarterly dividend and stock buyback program following a strong quarter in which revenue growth beat Wall Street targets......»»

Category: smallbizSource: wsjFeb 14th, 2019

Cisco quarterly revenue, profit beat estimates, shares rise

Cisco Systems Inc reported second-quarter revenue and profit above Wall Street estimates on Wednesday, as the network gear maker benefited from strong growth in its newer businesses such as application software and cyber security......»»

Category: topSource: reutersFeb 13th, 2019

Hilton profit beats on higher room rates

The hotel industry in the United States has thrived in the backdrop of a robust economy......»»

Category: topSource: foxnewsFeb 13th, 2019

Record Earnings, Good Economy—So Why Are the Big Banks Cutting Back?

Cost structures and non-bank competition are at least partially to blame. But it's complicated. Last month, Wall Street's major banks celebrated robust quarterly earnings virtually across the board. Even before Morgan Stanley d.....»»

Category: europeSource: fortuneFeb 13th, 2019

Aurora Cannabis earnings show big growth in pot sales, but worrisome profit trend

Aurora Cannabis Inc. nearly quadrupled its revenue and claimed a strong market share in an earnings report Monday that detailed the first quarter of legal recreational-pot sales in Canada, but also showed off large losses and a shrinking margin......»»

Category: topSource: marketwatchFeb 11th, 2019

Alphabet’s Costs Overshadow Robust Revenue Growth

Research and development costs for diversification will continue to riseRelated Stocks: MSFT, AMZN, GOOGL, GOOG,.....»»

Category: blogSource: gurufocusFeb 11th, 2019

Nuance (NUAN) Surpasses Q1 Earnings Estimates, Shares Up

Nuance's (NUAN) first-quarter fiscal 2019 results benefit from robust growth in Dragon Medical Cloud, Automotive a.....»»

Category: worldSource: nytFeb 11th, 2019

2019 Forecasts Show GM Has an Edge on Fiat Chrysler

Fiat Chrysler is running into headwinds after a multiyear run of strong profit growth. Meanwhile, General Motors expects solid earnings and cash flow growth for the foreseeable future......»»

Category: topSource: foxnewsFeb 9th, 2019