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UPS still profiting off pandemic package surge

UPS posted earnings of $4.79 billion, or $5.47 per share. Per-share profits with one time gains or losses remove.....»»

Category: topSource: chicagotribuneApr 27th, 2021

Goldman Sachs posts record results as profits jump

Investment bank Goldman Sachs saw its profits nearly quintuple in the first quarter, driven by a massive surge of revenue from its core investment banking and trading operations......»»

Category: topSource: foxnewsApr 14th, 2021

Superior Plating to see profits surge in 2021

Superior Plating Technology (SPT), dedicated to metal surface treatment and elect.....»»

Category: topSource: digitimesFeb 23rd, 2021

Firearms maker Sturm Ruger has best year since 2016

Sturm Ruger & Co. had its best sales year since 2016 as a "historic surge" in firearms demand held throughout 2020. Shares of the firearm maker rose nearly 3% in the extended session Wednesday. Sturm Ruger said it earned $31.7 million.....»»

Category: topSource: marketwatchFeb 17th, 2021

Janet Yellen says "misuse" of cryptocurrencies like bitcoin is a growing problem, as regulators increase scrutiny after surge in interest

Treasury secretary Janet Yellen said cryptocurrencies like bitcoin have been "used to launder the profits of online drug traffickers." Janet Yellen had more tough talk on cryptocurrencies like bitcoin, flagging their 'misuse......»»

Category: personnelSource: nytFeb 11th, 2021

US bank stocks surge after Fed clears way for up to $11 billion of buybacks

The Fed said Friday that banks can resume buybacks in 2021 so long as they don't exceed the average quarterly profits from the past four quarters. Brendan Mc.....»»

Category: topSource: businessinsiderDec 21st, 2020

HSBC"s profits plunged 51% last quarter as the coronavirus pandemic battered the bank

Reuters HSBC posted first-quarter earnings on Tuesday that fell short of Wall Street forecasts. The British bank's adjusted revenues slid 6%, and a surge in expected cre.....»»

Category: topSource: businessinsiderApr 28th, 2020

Adata sees 1Q20 profit surge

Memory module maker Adata Technology saw its first-quarter 2020 net profits surpass those for all of 2019, driven by DRAM and NAND flash chip price rallies......»»

Category: topSource: digitimesApr 21st, 2020

Citi"s trading windfall no match for surge in souring loans

Citigroup Inc.’s bond traders just posted their best quarter in eight years—a feat that was no match for the tidal wave of souring loans that walloped the bank’s profits. The deadly pandemic that... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkApr 18th, 2020

Hedge Fund and Insider Trading News: Starboard Value L.P., Horseman Capital Management, Amber Capital, Elliott Management, Silvercrest Asset Management Group Inc (SAMG), Okta Inc (OKTA), and More

Hedge Fund Bear Horseman Mulls Utilities Profits Squeeze as Gas Futures Surge (Hedge Week) Future rises in the cost of natural gas following th.....»»

Category: topSource: insidermonkeyApr 16th, 2020

Bank of America profits slump 45% as it braces for a surge in bad loans

R.....»»

Category: topSource: businessinsiderApr 15th, 2020

Mortgage rates surge to highest level since January even though the Fed just brought interest rates to 0% — here’s why

Mortgage rates experienced the largest weekly increase since 2016......»»

Category: topSource: marketwatchMar 20th, 2020

Shennan Circuits profits surge over 70% in 2019

China-based PCB manufacturer Shennan Circuits has reported net profits surged 76.8% from a year earlier to CNY1.23 billion (US$177.7 million) in 2019, when revenues climbed 38.4% on year to CNY10.52 billion......»»

Category: topSource: digitimesMar 6th, 2020

Profits surge at Peugeot maker PSA ahead of Fiat merger

Peugeot maker PSA Group said its profitability reached a record high in 2019 but the French carmaker forecast falling industry sales in Europe this year as it pursues its merger with Fiat Chrysler, which is strong in North America......»»

Category: topSource: reutersFeb 26th, 2020

Higher Revenues But Weaker Profits For Harbour Link

It's a weak start at the beginning of the new financial year for Harbour Link (BM: 2062), which reported a surge in revenues and a surge in cos.....»»

Category: earningsSource: benzingaDec 4th, 2019

Mega-Port Operator MMC Reports Huge Surge In Revenues And Profits

Malaysia-based port, engineering and property giant MMC (BM: 2194) shrugged off the trade war and economic headwinds to report significant increases in revenues and profits. Analysts are enthusiastic about the stock. MMC reported revenues of 1.2 bill.....»»

Category: earningsSource: benzingaDec 4th, 2019

Phillips 66: IMO 2020 Will Likely Lead To Surge In Refining Profits

Phillips 66: IMO 2020 Will Likely Lead To Surge In Refining Profits.....»»

Category: topSource: seekingalphaNov 29th, 2019

Maersk Profits Surge Despite Revenue Contraction

Maersk chose profitability over market share in the third quarter as the container shipping giant bolstered its bottom line on lower revenues. 0 read more.....»»

Category: blogSource: benzingaNov 15th, 2019

Maersk Profits Surge Despite Revenue Contraction

Maersk chose profitability over market share in the third quarter as the container shipping giant bolstered its bottom line on lower revenues. A.P. Moller – M.....»»

Category: earningsSource: benzingaNov 15th, 2019

Hapag-Lloyd Q3 Profits Surge On Higher Freight Rates

Hapag-Lloyd (ETR: HLAG) posted significant third quarter earnings and revenue increases as it managed to nudge up freight rates. 0 read more.....»»

Category: blogSource: benzingaNov 14th, 2019