Today: September 20, 2024
Today: September 20, 2024

Earnings

Business|Economy|Environment

Kinder Morgan reports Q2 miss, remains optimistic on natgas demand

U.S. pipeline and terminal operator Kinder Morgan said on Wednesday it expects data center driven electricity need to be a significant driver of natural gas demand,

Kinder Morgan reports Q2 miss, remains optimistic on natgas demand
Business|Economy

Discover Financial quarterly profit jumps on higher interest income

Discover Financial Services on Wednesday reported a 70% rise in second-quarter profit, as a high-rate environment helped the U.S. credit issuer earn more in interest income.

Discover Financial quarterly profit jumps on higher interest income
Business|Economy

Alaska Air third-quarter profit view lags estimates on hit from cabin crew deal

Alaska Air Group forecast third-quarter profit below estimates on Wednesday, citing a financial hit from its new flight attendant contract deal,

Alaska Air third-quarter profit view lags estimates on hit from cabin crew deal
Business|Europe|Technology

Nokia reports 32% drop in profit but sees recovery in 2nd half

Nokia reported a 32% drop in second-quarter operating profit, citing weak demand for 5G telecom equipment, but the Finnish telecoms group said sales

Nokia reports 32% drop in profit but sees recovery in 2nd half
Business|Health

Novartis lifts profit forecast for second time on Cosentyx, Entresto

Swiss drugmaker Novartis raised its 2024 earnings guidance for the second time on Thursday, driven by a gain in prescriptions for drugs including heart failure

Novartis lifts profit forecast for second time on Cosentyx, Entresto
Business|Economy

Truckmaker Volvo beats profit expectations but says demand normalising

Swedish truckmaker AB Volvo posted a bigger than expected rise in second-quarter operating profit on Thursday, but said demand was easing from last year's high

Truckmaker Volvo beats profit expectations but says demand normalising
Business|Economy|Technology

TSMC Q2 profit rises 36%, better than forecast

Taiwanese chipmaker TSMC posted a 36% rise in second-quarter net profit on Thursday that beat market expectations as it rides a surge in demand for semiconductors used in artificial

TSMC Q2 profit rises 36%, better than forecast
Business|Economy

Ad group Publicis ups guidance as it gains market share in tough market

French advertising group Publicis raised its organic growth outlook on the back of market share gains on Thursday, after it topped second-quarter expectations driven by

Ad group Publicis ups guidance as it gains market share in tough market
Business|Economy|Technology

Telenor lifts 2024 sales forecast on easing Nordic inflation, price hikes

Norwegian telecom operator Telenor raised its 2024 revenue forecast on Thursday, citing strong first-half performance and favourable inflation trends in the Nordics, and

Telenor lifts 2024 sales forecast on easing Nordic inflation, price hikes
Business|Economy|Food

Domino's Pizza warns of slower Q3 sales; shares fall

Domino's Pizza forecast sequentially slower third-quarter comparable sales on Thursday and trimmed its target for new international store openings, sending its shares

Domino's Pizza warns of slower Q3 sales; shares fall
Business|Economy|Technology

TSMC steadies the chips, ECB and Netflix eyed

A look at the day ahead in U.S. and global markets from Mike Dolan Another impressive earnings beat from Taiwan's chipmaking giant TSMC may help calm this week's tech stock rout, as the earnings

TSMC steadies the chips, ECB and Netflix eyed
Business|Health

Abbott raises profit forecast on strong medical device sales

Abbott Laboratories raised its annual profit forecast on Thursday after its second-quarter earnings edged past Wall Street estimates on double-digit growth in

Abbott raises profit forecast on strong medical device sales
Business|Economy

Blackstone posts modest Q2 profit jump on private equity, credit gains

Blackstone said on Thursday its second-quarter distributable earnings rose 3% from a year earlier, as a jump in asset sales in its private equity and credit divisions

Blackstone posts modest Q2 profit jump on private equity, credit gains
Business|Entertainment|Technology

Netflix's subscriber and earnings growth gather more momentum as password-sharing crackdown pays off

Netflix’s subscriber and earnings growth accelerated in its latest quarter as the video streaming service benefits from a crackdown on freeloading viewers, an expansion into advertising and an acclaimed programming lineup

Netflix's subscriber and earnings growth gather more momentum as password-sharing crackdown pays off
Economy|Finance|Technology

Investors count on earning to calm $900 billion US tech rout

As earnings season goes into full swing, bullish investors hope solid corporate results will stem a tumble in technology shares that has cooled this year’s U.S.

Investors count on earning to calm $900 billion US tech rout
Business|Economy|Entertainment|Finance|Travel

AmEx's revenue miss eclipses strong annual profit forecast

American Express's second-quarter revenue jumped 9% to a record $16.33 billion on the back of robust spending from its wealthy customers but still fell short of

AmEx's revenue miss eclipses strong annual profit forecast
Business|Economy|Finance

Regions Financial's quarterly profit falls on lower interest income

Regions Financial reported a 14% fall in its second-quarter profit on Friday, as the lender earned less from customers' interest payments.

Regions Financial's quarterly profit falls on lower interest income
Business|Economy|Finance

India's Reliance misses profit estimates on weak fuel sales margin

Reliance Industries, India's most valuable company, reported first-quarter profit below analysts' estimates on Friday, hurt by lower margins on fuel sales.

India's Reliance misses profit estimates on weak fuel sales margin
Business|Finance

Insurer Travelers profit jumps on investment gain; premiums lag

Travelers Companies reported a jump in second-quarter profit as higher investment income offset steep catastrophe losses, but lower-than-expected growth in net written premiums dragged the

Insurer Travelers profit jumps on investment gain; premiums lag
Business|Economy|Europe|Finance

European banks' earnings in spotlight after big share price gains

Europe's biggest banks report their second-quarter earnings this week, with all eyes on whether the gains from

European banks' earnings in spotlight after big share price gains
Business|Technology

Verizon hit by prepaid subscriber exodus after internet subsidy ends

Verizon Communications missed quarterly revenue estimates on Monday as fewer people upgraded their phones, while its prepaid wireless subscribers fell sharply

Verizon hit by prepaid subscriber exodus after internet subsidy ends
Business|Finance|Technology

Computer parts maker Logitech lifts outlook after upbeat quarter

Computer mouse maker Logitech International raised its full-year sales and profit outlook on Tuesday, after a strong performance across nearly all product categories

Computer parts maker Logitech lifts outlook after upbeat quarter
Economy|Finance|Political|Stock Markets

Cracks in US stock market calm boost allure of portfolio protection

Investors are eyeing portfolio protection from a potentially rough stretch in U.S. stocks as they face political uncertainty, big tech earnings and seasonal weakness.

Cracks in US stock market calm boost allure of portfolio protection
Asia|Business|Technology

Japan's Nidec lifts annual profit outlook after Q1

Japanese electric motor maker Nidec raised its full-year operating profit forecast by 4.3% on Tuesday off the back of a recovery in demand for hard drive motors, efforts to raise its

Japan's Nidec lifts annual profit outlook after Q1
Finance|Stock Markets

Wall St ends slightly lower with Big Tech earnings on deck

Wall Street's main indexes ended slightly lower on Tuesday, having given up meager intraday gains in the final minutes of trading, as investors switched their focus to the

Wall St ends slightly lower with Big Tech earnings on deck

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