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Tesla adds $13 billion in market value after first-quarter report reveals surprise profit
Jae C. Hong/Associated Press Tesla shares spiked as much as 9% on Thursday .....»»
Hospitals may be eligible for $500 billion fund with executive pay limits
As New York navigates the coronavirus<…; crisis, Gov. Andrew Cuomo and lawmakers are trying to find their way forward on a despite uncertainty about the size of the financial toll the outbreak... To view the full story, click the title link......»»
BP boosts dividend as profit tops forecast and CEO bows out
BP raised its dividend and said it had completed a $1.5 billion share buyback program in a sign of confidence in its growing oil and gas business on the last day in office for Chief Executive Bob Dudley......»»
BP boosts dividend despite profit fall as CEO Dudley bows out
BP on Tuesday raised its dividend and announced the completion of a $1.5 billion share buyback program in a sign of confidence in its growing oil and gas business on the last day in office for Chief Executive Bob Dudley......»»
Wells Fargo quarterly profit slumps as legal costs mount
Wells Fargo & Co reported a 55% slump in fourth-quarter profit on Tuesday, as the fallout from a sales scandal that erupted in 2016 drove the bank to set aside another $1.5 billion toward legal expenses......»»
Lite-On Technology 3Q19 net profit hits 12-quarter high
Lite-On Technology released the financial report for the third quarter of 2019 with net profit of NT$3.109 billion (US$101 million), the highest quarterly level since the fourth quarter of 2016......»»
Nestle to return $20 billion to investors
Nestle SA plans to return as much as $20 billion to shareholders by 2022 and indicated an appetite for acquisitions to help Chief Executive Officer Mark Schneider sustain faster growth and better profit margins......»»
HSBC announces surprise exit of CEO Flint, up to $1 billion buyback
HSBC on Monday announced the surprise departure of Chief Executive Officer John Flint, saying the bank needed a change at the top to address "a challenging global environment", even as it posted a 16% rise in half-yearly profit......»»
Sewing faces skeptical Deutsche Bank investors on revamp roadshow
Deutsche Bank investors will press Chief Executive Christian Sewing on how he will deliver on revenue growth targets during a global roadshow to win backing for his 7.4 billion euro ($8.4 billion) 'reinvention' plan......»»
Wipro Q4FY18 results: Profit falls 20% to Rs 18 bn for the March quarter
Total income was down 4.9 per cent at Rs 143.04 billion in the fourth quarter of last fiscal, compared to Rs 150.45 billion in the January-March period of 2016-17.....»»
ICICI Lombard General Insurance"s Q4 profit rises by 18% to Rs 2 billion
The company logged a net profit of Rs 1.8 billion in January-March quarter of 2016-17.....»»
USAA profits rebound amid notable natural disasters
USAA's profit in 2017 rebounded to a level not seen for several years, according to its recently released annual report. San Antonio-based USAA's net income for 2017 totaled $2.4 billion, up from $1.8 billion in 2016. During 2015, USAA's combined co.....»»
PNB Housing Finance net profit rises 36% to Rs 2.2 billion
PNB Housing's net profit increased 58 per cent to Rs 8.3 billion at the end of 2017-18 from Rs 5.23 billion at the end of 2016-17.....»»
Wage row: Bank unions seek govt intervention, set May 12 deadline
According to the AIBEA, in 2016-17, while the gross operating profit of banks was about Rs 1,590 billion, the provision for NPAs was around Rs 1,703 billion.....»»
TVS Motor net profit rises 30.6% in Jan-Mar quarter to Rs 1.65 billion
The company has reported a growth of 40.4% with total revenue excluding Excise Duty / GST going up from Rs 284.4 billion in the fourth quarter of 2016-17 to Rs 399.2 billion in the fourth quarter of 2.....»»
ITC meets Street estimates; Q4 profit up by 9.89% at Rs. 29.33 billion
The net profit during the corresponding quarter of the 2016-17 fiscal year stood at Rs. 26.69 billion, backed by a revenue of Rs. 154.11 billion.....»»
Tata Motors Q4 net profit down nearly 50% to Rs 21.76 billion
It had posted net profit of Rs 43.36 billion in the corresponding period of 2016-17, Tata Motors said in a BSE filing.....»»
The Wall Street Journal: Ackman reveals Pershing Square has built $1 billion stake in Lowe’s
William Ackman’s Pershing Square Capital Management LP is joining another activist investor in Lowe’s Cos., hoping to profit as the retailer tries to make improvements under a new chief executive......»»
Lakshmi Vilas Bank posts Rs 6 billion loss in Q4 as as NPA provisions zoom
The bank had registered a net profit of Rs 521.6 million in the January-March period of 2016-17......»»
United Bank of India net loss at Rs 2.6 billion on bad debt provisioning
For the entire financial year of 2017-18, it had a net loss of Rs 14.5 billion, against a net profit of about Rs 2 billion in 2016-17.....»»