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Tencent"s Record Profit Soothes Fears It"s Throwing Margins Away

Tencent Holdings Ltd. delivered record quarterly profit that reassured investors bracing for a big hit to margins from spending on everything from video to old-school retail......»»

Category: topSource: moneycentralMay 16th, 2018

Goldman Sachs stock rises after record profit and revenue beat by wide margins

Shares of Goldman Sachs Group Inc. rose 1.7% in premarket trading Wednesday after the bank and brokerage company reported record profit and revenue th.....»»

Category: topSource: marketwatchApr 14th, 2021

U.S. senators scrutinize meat packers" big profits during pandemic

U.S. senators are calling for investigations of record profit margins for beef processors like Tyson Foods and Cargill, after ranchers complained surging meat prices due to coronavirus hoarding did not translate into higher cattle prices......»»

Category: topSource: reutersMar 30th, 2020

Nasdaq hits record high as China stimulus soothes virus worries

The Nasdaq hit a record high on Tuesday and the S&P 500 headed for its best day in six months as fears of a heavy economic impact from the coronavirus epidemic tapered off after China's central bank intervened for the second straight day......»»

Category: topSource: reutersFeb 4th, 2020

NewsWatch: Eroding profit margins will push U.S. into recession in 2020, leading forecaster says

Stephen Gallagher stands out among Wall Street economists because he’s one of the few willing to go on the record to forecast a recession in 2020. And because he’s not blaming it on tweets, Trump or tariffs......»»

Category: topSource: marketwatchOct 9th, 2019

Forecaster of the Month: Eroding profit margins will push U.S. into recession in 2020, leading forecaster says

Stephen Gallagher stands out among Wall Street economists because he’s one of the few willing to go on the record to forecast a recession in 2020. And because he’s not blaming it on tweets, Trump or tariffs......»»

Category: topSource: marketwatchOct 8th, 2019

ATM charges hit record high, and faster hikes may be coming

ATM fees hit record highs this year and faster hikes may be on the way. That's because the Fed is cutting rates, crimping bank profit margins.....»»

Category: topSource: moneycentralOct 2nd, 2019

Bank fees: ATM charges hit record high and faster hikes may be coming

ATM fees hit record highs this year and faster hikes may be on the way. That's because the Fed is cutting rates, crimping bank profit margins.....»»

Category: topSource: moneycentralOct 2nd, 2019

A $490 billion investing firm is worried that record corporate profitability is unsustainable. Here’s its how it’s preparing for an "inevitable" collapse.

AP Corporate profit margins have been on an unsustainable growth trajectory and are now poised to unwind, according to Rob Almeida, the global investment strategist at MFS Investmen.....»»

Category: topSource: businessinsiderSep 26th, 2019

Stocks approach record as Fed soothes Wall Street"s fears

The S&P 500 approached a record high on Wednesday after the Federal Reserve signaled potential interest cuts later this year, reassuring investors worried that the U.S.-China trade war could stall economic growth......»»

Category: topSource: reutersJun 19th, 2019

Tencent profit tops forecast as fintech and cloud revenues surge

Tencent Holdings Ltd posted record quarterly profit on Wednesday, smashing market expectations, as the social media and gaming giant booked a rise in the value of its investments while fintech and cloud revenues helped make up for declines in games......»»

Category: topSource: reutersMay 15th, 2019

Tencent books record, estimate-busting first-quarter profit, boosted by investment gains

Tencent Holdings Ltd posted record quarterly profit on Wednesday, smashing market expectations, as the social media and gaming giant booked a rise in the value of its investments while fintech and cloud computing make up for declines in games......»»

Category: topSource: reutersMay 15th, 2019

JPMorgan"s record profit eases fear of slowing economy

JPMorgan Chase posted a better-than-expected quarterly profit Friday, easing fears that slowing economic growth could weigh on its results......»»

Category: topSource: moneycentralApr 12th, 2019

Boeing cruises past forecasts as margins, sales grow

(Reuters) - Boeing Co's profit jumped by more than half in the first quarter, surging past Wall Street forecasts, and strong sales of commercial jets led it to raise its forecasts for cash flow and earnings after a record 2017......»»

Category: topSource: reutersApr 25th, 2018

Samsung Electronics tips record first-quarter profit, beating expectations

SEOUL (Reuters) - Samsung Electronics Co Ltd tipped a surprise record first-quarter profit on Friday as analysts said strong chip margins and the early launch of its flagship Galaxy S9 smartphone likely masked broader weakness in the mobile market......»»

Category: topSource: reutersApr 5th, 2018

Novelis" record profit eases concerns about aluminium prices volatility

Parent entity Hindalco seen to continue benefiting as analysts see further improvement in Novelis' margins.....»»

Category: topSource: business-standardMay 10th, 2018

Profit margins are stagnating as corporate leverage soars

Getty Images/Spencer Platt Corporate leverage approaches record highs at a time when corporate profit margin growth slows.  A combinati.....»»

Category: topSource: businessinsiderMay 14th, 2018

NewsWatch: Amazon earnings explode to record thanks to surprising e-commerce profit, stock gains

Amazon.com Inc. disclosed its biggest quarterly profit total in company history in a Thursday report, thanks to a surprising performance from the core retail business that usually produces razor-thin profit margins if not losses......»»

Category: topSource: marketwatchJul 26th, 2018

Amazon earnings explode to record thanks to surprising e-commerce profit, stock gains

Amazon.com Inc. disclosed its biggest quarterly profit total in company history in a Thursday report, thanks to a surprising performance from the core retail business that usually produces razor-thin profit margins if not losses......»»

Category: topSource: marketwatchJul 26th, 2018

Samsung Record Profit Overshadowed By Slumping Smartphone Sales; Chip Price Fears

With lower-cost Chinese handset makers nipping at Samsung's heels, and Apple maintaining its unassailable dominance of the premium market, the South Korean consumer-tech gi.....»»

Category: blogSource: zerohedgeOct 31st, 2018

Party"s over: As margins tumble, China steel mills brace for hard times

Chinese steel producers ran up losses for the first time in three years this month as prices slid into a bear market on weak demand and near-record supply, ending years of solid profit margins......»»

Category: topSource: reutersNov 27th, 2018