profits
By Joanna Plucinska and Allison Lampert FARNBOROUGH, England (Reuters) -A plunge in Ryanair’s quarterly profits cast a shadow over the opening of the Farnborough Airshow on Monday, where aviation leaders were already fretting about supply chain snags, aircraft delays and floundering plans to cut emissions. Boeing (NYSE:) announced a bumper…
By Dave Graham ZURICH (Reuters) – Swatch Group (SIX:), the world’s biggest watchmaker, reported a steep drop in first half sales and earnings on Monday as demand for luxury goods in China remained weak, but forecast business would improve significantly later in 2024. The Swiss maker of Tissot, Longines and…
Bank7 Corp. (NASDAQ:) delivered a robust financial performance in its second-quarter earnings report, achieving record profits. The company attributed its success to a well-matched balance sheet, strong net interest margin (NIM), disciplined cost management, and a low efficiency ratio. Despite a flat loan book and delayed loan fundings, Bank7 maintained…
By Sinead Cruise and Lawrence White LONDON (Reuters) -Once seen as hostile to banks, Britain’s Labour has courted lenders in recent years as it attempts to gain power, yet some of the left-leaning party’s policies are still expected to hit the sector’s profits if it wins next month’s election. Leader…
WILMINGTON, Delaware (Reuters) -Elon Musk made billions of dollars by selling Tesla (NASDAQ:) stock using insider information, an institutional shareholder accused in a lawsuit filed on Tuesday, asking the court to direct the Tesla CEO to return “unlawful profits.” The lawsuit comes two days before a critical vote by Tesla…
Investing.com – European stock markets rose Monday, starting the new week on a positive note amid growing hopes of monetary policy easing globally in the near future.At 03:10 ET (07:10 GMT), the in Germany traded 0.2% higher, the in France rose 0.1%, while the in the U.K. climbed 0.2%.European PMIs…
Sumco (OTC:) Corporation (ticker: 3436), a key player in the silicon wafer industry, reported a strong start to the fiscal year in their recent earnings call. Chairman and CEO Mayuki Hashimoto announced that the company’s sales and profits for the first quarter surpassed expectations, with operating income and ordinary income…
By Nicole JaoNEW YORK (Reuters) – U.S refiners’ first quarter profits are expected to fall from recent records, when earnings soared following Russia’s invasion of Ukraine in 2022, but overall will continue to draw support from disruptions in Russia and heavy refinery maintenance.Looking ahead, earnings are expected to be a…
By Nupur Anand NEW YORK (Reuters) -As U.S. banking giants prepare to report slightly lower first-quarter profits, investors will focus on how much more income executives expect from interest payments this year. JPMorgan Chase (NYSE:) is likely to post a 4% drop in earnings per share (EPS) from the year-ago…
