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Daimler third-quarter operating profit up 8%, boosted by Mercedes sales
Daimler reported a slight rise in third-quarter operating profit on Thursday boosted by sales of Mercedes-Benz cars, sending its shares higher, but announced cost cuts and warned legal provisions tied to diesel litigation could rise......»»
Shell profit soars on stronger oil prices
LONDON (Reuters) - Royal Dutch Shell on Thursday reported a 42 percent rise in first-quarter profit, its highest in over three years, boosted by higher oil prices and production......»»
MetLife quarterly profit rises 8 percent, helped by tax reform, Asia growth
(Reuters) - MetLife Inc reported an 8 percent rise in adjusted first-quarter profit on Wednesday, boosted by U.S. tax reforms, as well as volume growth in Asia and better results in auto and catastrophe businesses......»»
Becton Dickinson beats profit expectations, plans to spin off Diabetes Care business
Becton Dickinson & Co. reported Thursday fiscal second-quarter profit and sales that rose above expectations, boosted by $480 million in COVID-19 testing sales, and a.....»»
ViacomCBS stock rallies after earnings beats expectations, as streaming revenue jumps 65%
Shares of ViacomCBS Inc. surged 2.9% in premarket trading Thursday, after the media and entertainment company reported first-quarter profit and revenue that rose above expectations, boosted by a 65% jump in streaming revenue. Net i.....»»
Barclays profit almost triples in the first quarter as economic outlook turns positive and its COVID-related cash reserves fall
Barclays benefited from a more positive economic outlook, strong investment bank performance and smaller reserves for bad loans as COVID-19 subsides. REUTERS/Simon Dawson Barclays' first-quarter profit .....»»
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.....»»
Samsung first quarter profit likely surged 45%, Reuters says
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.....»»
UPDATE: Burlington Stores profit and sales beat estimates, stock jumps 4.6% premarket
Discount retailer Burlington Stores Inc. said Thursday it had net income of $155.9 million, or $2.33 a share, in the fourth quarter, down from $206.3 million, or $3.08 a share, in the year-earlier period. Adjusted per-share earnings came.....»»
Target stock rallies after sales rise more than expected, boosted by traffic and average ticket gains
Shares of Target Corp. rallied 1.8% in premarket trading Tuesday, after the discount retail giant reported fiscal fourth-quarter profit and sales that rose above expectations, boosted by .....»»
U.S. Postal Service swings to a profit as revenue rises, boosted by record holiday package deliveries
The U.S. Postal Service reported Tuesday that it swung to a fiscal first-quarter profit while revenue rose 11%, as a record 1.1 billion packages were delivered during the holiday season. Net income for the quarter to Dec. 31 was $318 million, .....»»
Bank of America"s 4th-quarter profit beats expectations, but revenue drops 10% as low interest rates hurt its consumer banking division
The second-biggest US lender posted a 28% drop in net income to $5.5 billion in the quarter, or $0.59 per share. Brian Moynihan, CEO of Bank of America. Bobby Yip/Reuters Bank of America po.....»»
J.P. Morgan Chase"s stock rises into record territory after reporting record $12.1 billion profit
J.P. Morgan Chase & Co. reported record fourth-quarter net income of more than $12 billion, boosted by a reserve take down of ne.....»»
Fox Corp quarterly revenue tops estimates as Super Bowl boosts viewership
Fox Corp beat Wall Street estimates for third-quarter revenue and profit on Wednesday as Super Bowl broadcast boosted television viewership, sending the company's shares up more than 2% in extended trading......»»
HDI Announces First Quarter 2020 Results and Provides COVID-19 Business Update
TRADING SYMBOL: Toronto Stock Exchange - HDI Record quarterly sales of $325.1 million, profit per share increases 57.1%Dividend of $0.085 per share declared LANGLEY, BC, May 5, 2020 /CNW/ -Â Hardw.....»»
Thomson Reuters reports higher first-quarter sales and operating profit
Thomson Reuters Corp on Tuesday reported higher quarterly sales and operating profit but cut is full-year sales outlook, citing unprecedented disruption in the global economy......»»
Amazon"s Q1 profit misses Wall Street estimates even as sales jump on a surge in consumer demand (AMZN)
REUTERS/Joshua Roberts/File Photo Amazon reported its first-quarter earnings on Th.....»»
Tesla stock: earnings surprise to the upside
April 30, 2020 Update: Tesla stock slipped during regular trading hours today despite the surprise profit the EV maker posted on its first-quarter earnings report.... The post Tesla stock: earnings surprise to the.....»»
StanChart profit falls 12% on coronavirus crisis
Standard Chartered PLC said on Wednesday its first-quarter profit tumbled 12%, as the emerging markets-focused bank boosted provisions against bad loans as the coronavirus crisis hammers its borrowers......»»
HSBC sees mounting credit losses after pandemic halves first-quarter profit
HSBC Holdings PLC on Tuesday warned of more earnings pain to come after first-quarter profit nearly halved as it boosted provisions against bad loans expected to rise amid the coronavirus pandemic......»»