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Berkshire Hathaway reports $11.7 billion profit as manufacturing, service, retail recover from pandemic
Berkshire’s net earnings hit $11.7 billion for the first quarter of 2021, up from a $49.7 billion loss a year earlier......»»
Morgan Stanley books Archegos loss, but profit hits new high
Morgan Stanley's first-quarter profit more than doubled from a year earlier, reporting a profit of $4.1 billion, despite the bank's record performance being offset by Archegos losses......»»
Altria profit falls short, while revenue beats
Altria Inc. said it had net income of $1.924 billion, or $1.03 a share, in the fourth quarter, after a loss of $1.809 billion, or $1.00 a share, in the year-earlier period. Adjusted per-share earnings came to 99 cents, below the $.....»»
Madison Square Garden Is Able To Patiently Wait For The Return Of Sport Events
On Monday, the New York-based sports team and entertainment company, Madison Square Garden Sports Corp. (NYSE: MSGS) reported a fiscal third-quarter loss of $118 million, after reporting a profit in the same period a year earlier. read more.....»»
Hiwin hits 12-year low profit in 1Q20
Mechanical motion control component maker Hiwin Technologies has reported net loss of NT$131 million (US$4.3 million) for first-quarter 2020, the worst quarterly profitability since 2008......»»
JCET Group Integration Turns Loss to Profit in 2019
SHANGHAI, April 30, 2020 /PRNewswire/ -- Global leading semiconductor microsystem integration packaging and test provider, JCET Group (SH: 600584) reported the financial results for full year 2019, ended D.....»»
Las Vegas Sands posts first-quarter loss on coronavirus woes
Las Vegas Sands Corp posted a loss for the first quarter compared to a year-ago profit, as the coronavirus pandemic slammed gaming revenue at the casino operator......»»
Ford expects loss of $600 million for first quarter
Ford Motor Co said on Monday it expects first-quarter adjusted loss before interest and taxes to be about $600 million, compared with a profit of $2.4 billion a year earlier......»»
Dow Jones Newswires: TUI widens FY 2020 guidance to reflect 737 MAX grounding
TUI AG on Tuesday widened its full-year profit forecast due to the grounding of Boeing Co.’s (BA) 737 MAX aircraft, as it reported a slightly narrowed net loss for the first quarter of the fiscal year......»»
Uber sees profit by end of 2020, but still expects full-year loss
Uber Technologies Inc on Thursday moved forward by a year its target to achieve a measure of profitability to the fourth quarter of 2020, but the ride-hailing company still expects to lose a total of more than $1 billion this year......»»
GM swings to quarterly loss
A 40-day union strike and weakness in China hurt GM's bottom line in the latest quarter, and the auto maker forecast flat profit for this year. Fred Katayama reports......»»
Juul forces tobacco giant Altria to take $4.1B write-down
Altria posted a fourth-quarter loss of $1.8 billion compared to a profit of $1.3 billion the prior year......»»
Hyundai Motor returns to profit in fourth-quarter as SUV sales boost margins
South Korea's Hyundai Motor Co swung to a fourth-quarter profit from a loss a year earlier, helped by brisk sales of sport-utility vehicles such as its Tucson and Palisade models......»»
Ruhnn Announces Second Quarter of Fiscal Year 2020 Unaudited Financial Results
Services revenue increased 85% YoY Gross profit increased 47% YoY Gross margin increased to 44% from 34% in Q2FY2019 Net loss attributable to Ruhnn was RM.....»»
Uber loss grows but CEO predicts 2021 profit
Uber lost more money in the third quarter compared to last year and the number of monthly active users came in weaker than anticipated but CEO Dara Khosrowshahi predicted a full-year profit by 2021......»»
Dow Jones Newswires: TomTom swings to net loss
The Dutch navigational-technologies company reported a net loss of 43.4 million euros ($47.8 million) for the quarter to Sept. 30 compared with a profit of EUR17.2 million in the year-earlier period......»»
Papa John"s swings to a loss as feud with founder weighs on profit
Papa John's reported first-quarter net loss of $3.80 million, or 12 cents per share, down from a net income of $17.4 million, or 52 cents per share, a year earlier......»»
Avon adjusted profit beats estimates as revenue falls short
Avon Products Inc. said Thursday it had a net loss of $32.7 million, or 9 cents a share, in the first quarter, after a loss of $20.3 million, or 6 cents a share, in the year-earlier period. Adjusted per-share earnings came to 3 cents a share, compare.....»»
Called to Account: ADT is still using nonstandard metrics that turn its loss into a tidy profit
ADT Inc. reported a significant loss for its fourth quarter and full year on Monday, but investors would not know it based on the alternative numbers the company is pushing to analysts and journalists......»»
DSW: Fiscal 4Q Earnings Snapshot
DSW Inc. (DSW) on Tuesday reported a fiscal fourth-quarter loss of $45.7 million, after reporting a profit in the same period a year earlier......»»