Heineken said it has seen signs of slowdown in demand for its beer in some European markets after its third-quarter sales rose by less than expected. Photo by Alex Tai/SOPA Images/LightRocket via Getty Images Heineken NV, the world’s second-largest brewer, has seen signs of slowdown in demand for its beer in some European markets over…

Deutsche Bank on Wednesday crushed market expectations for the third quarter, amid higher interest rates and turbulent market trading. The bank reported a net income of 1.115 billion euros ($1.11 billion) for the quarter. Analysts had predicted a net profit of 827 million euros, according to data from Refinitiv. “We are seeing the benefit of…

Pedestrians pass the headquarters of Standard Chartered in London on Feb. 14, 2022. Standard Chartered’s first-quarter pre-tax profit rose 6%, beating market expectations, as the emerging markets-focused lender benefited from rising interest rates and flagged a robust outlook. Chris Ratcliffe | Bloomberg | Getty Images Standard Chartered posted a 40% increase in quarterly profit, as…

Budrul Chukrut | LightRocket | Getty Images Spotify shares fell about 7% extended trading Tuesday after reporting a third-quarter loss that was wider than analyst expectations. Here’s how the company did: Loss per share: 99 euro cents vs. an estimated loss of 85 euro cents per share as expected by analysts, according to Refinitiv Revenue: 3.04…

The Mattel sign is pictured at the Nuremberg International Toy Fair, Jan. 29, 2014, in Nuremberg, Germany. Getty Images Mattel Inc cut its annual profit forecast on Tuesday and said it would ramp up promotions heading into the busy holiday season, as price hikes discourage inflation-hit Americans from spending on its Barbie dolls and action…

Sundar Pichai speaks onstage during the first day of Vox Media’s 2022 Code Conference in Beverly Hills, California. Jerod Harris | Getty Images Entertainment | Getty Images Alphabet reports third-quarter earnings on Tuesday after the bell. Here’s what Wall Street is expecting. Earnings Per Share (EPS): $1.25, according to Refinitiv estimates. Revenue: $70.2 billion, according…

Microsoft CEO Satya Nadella gestures during a session at the World Economic Forum annual meeting in Davos on May 24, 2022. Fabrice Coffrini | AFP | Getty Images Microsoft will report fiscal first-quarter results after market close on Tuesday. Here’s what analysts are expecting: Earnings: $2.30 per share, adjusted, as expected by analysts, according to…

UBS reports its latest earnings FABRICE COFFRINI | AFP | Getty Images UBS on Tuesday reported a net income of $1.7 billion for the third quarter of this year, slightly above analyst expectations, with the Swiss bank citing a challenging environment. Analysts had expected a net profit of $1.64 billion, according to Refinitiv data. UBS…

Dutch paints and coatings maker Akzo Nobel has suspended its 2023 core profit outlook, citing macroeconomic turbulence which is negatively affecting consumer confidence. “This resulted in destocking across several distribution channels in decorative paints in Europe and performance coatings, while the market in China was impacted by the ongoing zero COVID-19 policy,” chief executive Thierry…

IBM CEO Arvind Krishna speaks at an IBM facility in Poughkeepsie, New York, on Oct. 6, 2022. IBM announced $20 billion in investments during President Biden’s visit that will go toward research and development and the manufacturing of semiconductors, mainframe technology, artificial intelligence and quantum computing in the Hudson Valley. Dana Ullman | Bloomberg |…