Profit
Investing.com — Cranswick (LON:) in a statement on Tuesday said it expects its annual profit to align with market expectations following a robust performance during the festive trading period. Shares of Cranswick were up 2.4% at 05:46 ET (10:46 GMT). The company, which specializes in pork and poultry products, reported…
By Manya Saini, Noor Zainab Hussain and Saeed Azhar (Reuters) – Goldman Sachs earned its biggest quarterly profit in more than three years, beating Wall Street expectations, as its investment bankers brought in more fees from deals and debt sales, while its traders benefited from a surge in market activity.…
Investing.com — Hays (LON:) on Wednesday in a stock exchange filing cautioned that its pre-exceptional operating profit for the first half of its financial year is likely to come in at the lower end of market expectations. The UK-based recruitment group indicated it expects a profit of around £25 million…
Investing.com — Shares of JD Sports (LON:) dropped 10% on Tuesday after the UK-based retailer lowered its full-year profit forecast, citing a “challenging and volatile” trading environment. Despite a 3.4% growth in organic revenue over the nine weeks to January 4, the company said market headwinds had weighed on its…
By Wen-Yee Lee and Faith Hung TAIPEI (Reuters) – Taiwan Semiconductor Manufacturing Co, the main global producer of advanced chips used in artificial intelligence applications, is expected to report a 58% leap in fourth-quarter profit on Thursday because of surging demand. The world’s largest contract chipmaker, whose customers include Apple…
MOSCOW (Reuters) – Russian oil producer Gazpromneft shrugged off the impact of major new U.S. sanctions on Friday, while insurance company Ingosstrakh said they would create a market vacuum that would benefit less reputable competitors. The outgoing administration of President Joe Biden on Friday imposed its broadest package of sanctions…
By Rajesh Kumar Singh CHICAGO (Reuters) – Delta Air Lines (NYSE:) said on Friday it expects 2025 to be the most profitable year in the company’s 100-year history, thanks to robust demand for premium travel as well as the industry’s improved pricing power. The U.S. carrier also reported a higher-than-expected…
By Hyunjoo Jin and Joyce Lee SEOUL (Reuters) -Samsung Electronics’ preliminary fourth-quarter operating profit missed estimates by a large margin, with the South Korean tech giant hit hard by extra costs as it works towards providing high-end chips to Nvidia (NASDAQ:). Its earnings were dented by rising research and development…
By Nelson Bocanegra BARRANCABERMEJA, Colombia (Reuters) – Alleged interference by Colombian President Gustavo Petro in majority state-owned Ecopetrol and purges of hundreds of staff to make way for pro-government replacements are fueling fears about the energy company’s future profits and contributions to the economy. The worries, according to interviews with…
(Reuters) -Pfizer on Tuesday forecast 2025 profit roughly in line with estimates, offering some relief to investors after the drugmaker came under fire from shareholders including hedge fund Starboard over its turnaround strategy. Shares of the drugmaker rose nearly 3% to $25.98 in premarket trading after the company also said…