A general view of Hyundai signage and logo at a dealership showroom on January 22, 2024 in Southend, United Kingdom. John Keeble | Getty Images Hyundai Motor warned on Thursday of slowing demand and intensifying competition, but stuck to its 2024 earnings target after reporting a 7% fall in third-quarter operating profit, sending its shares…
Signage shines through a window reflecting Barclays head office in Canary Wharf, London, U.K. Bloomberg | Getty Images LONDON — British bank Barclays on Thursday reported £1.6 billion ($2 billion) net profit attributable to shareholders for the third quarter, beating expectations. The result compared with the £1.17 billion net profit forecast in an LSEG poll of analysts, and…
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IBM CEO Arvind Krishna appears at the World Economic Forum in Davos, Switzerland, on Jan. 16, 2024. Stefan Wermuth | Bloomberg | Getty Images IBM shares moved 3% lower in extended trading on Wednesday after the hardware, software and consulting provider fell short of Wall Street’s revenue expectations for the third quarter. Here’s how the…
Tesla CEO and X owner Elon Musk speaks during an unveiling event for Tesla products in Los Angeles, California, U.S. October 10, 2024 Source: Tesla | Youtube Tesla is set to report third-quarter earnings Wednesday after the close of regular trading. Here’s what analysts are expecting: Earnings per share: 58 cents, according to LSEG consensus estimates…
A sign for Deutsche Bank AG at a bank branch in the financial district of Frankfurt, Germany, on Thursday, Feb. 2, 2023. Bloomberg | Bloomberg | Getty Images Deutsche Bank on Wednesday beat expectation in its return to profit in the three months to September, after snapping its 15-quarter profit streak in the second quarter.…
Published Tue, Oct 22 20243:17 PM EDT Zev Fima@zevfima In this photo illustration, a Danaher Corporation logo seen displayed on a tablet. Igor Golovnov | SOPA Images | Lightrocket | Getty Images Danaher shares declined Tuesday despite the life sciences company returning its key bioprocessing business to growth in the third quarter. More In Analysis…
The headquarters of the Norges Bank, Norway’s central bank, in Oslo, Norway, on Tuesday, Jan. 30, 2024. Bloomberg | Bloomberg | Getty Images Norway’s gigantic sovereign wealth fund on Tuesday reported third-quarter profit of 835 billion Norwegian kroner ($76.3 billion). The so-called Government Pension Fund Global, one of the world’s largest investors, said it had…
Travelers Insurance offices in New York City. Adam Jeffery | CNBC Travelers reported a nearly three-fold jump in third-quarter profit on Thursday, as higher underwriting gains and investment income more than offset steep catastrophe losses. Core income of the company, often seen as a sector bellwether as it typically reports results before peers, rose to…
An image of a semiconductor wafer at the Taiwan Semiconductor Manufacturing Museum of Innovation in Hsinchu, Taiwan, on Jan. 11, 2022. I-Hwa Cheng | Bloomberg | Getty Images Taiwan Semiconductor Manufacturing Company on Thursday reported a 54% hike in net profit, as global chipmakers continue to benefit from demand boosted by AI applications. The company’s…
