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Sunday, June 16, 2019

Tag: profits

Musk: Tesla has a ‘decent shot’ at a record quarter on...

Musk soothes investor concerns by saying the electric vehicle maker has a shot at a record quarter.

Disney parks lift earnings, ‘Avengers: Endgame’ streaming date announced

Growth at Disney parks in the United States boosted results above analyst expectations.

Electronics Arts jumps after Apex Legends helps fuel results

It’s a sign Electronic Arts can go toe to toe with Epic Games’ Fortnite, an early battle-royale hit that has become a cultural phenomenon.

MAHB registers record profit after tax of RM727.3 mil for FY18

The airports operator hopes to replace the baggage handling system and aerotrains at KLIA.

Philips sinks teeth into profits

Philips' net profit climbs by over 30% in the first quarter, buoyed by sales of oral healthcare products.

BMW blames trade headwinds, emissions tests for weaker 2018

The group's bottom line also suffered as it was ordered to recall over a million diesel cars to replace faulty components.

MAHB profit surges to RM727.30 mil

The airport operator expects Malaysian passenger traffic to grow by 4.9% in 2019.

Bayer faces new marathon after mammoth Monsanto merger

Bayer sold off part of its existing seeds and pesticides businesses to rival BASF to get the Monsanto deal past competition authorities.

Under Armour reins in discounts, beats holiday-quarter profit forecasts

Under Armour's Class A common shares rose 2.7% in early trading following the results.

Money laundering scandal sees ING’s profits dip

The Dutch bank's earnings fell by 4.1% to US$5.4 billion despite growth in its client base.

Panasonic cuts profit outlook on slowing China demand, Tesla business a...

Panasonic forecast an operating profit of 385 billion yen (US$3.51 billion) for the year ending March, down from the previously predicted 425 billion yen.

Exxon Mobil profit tops estimates as production rebounds

Pretax earnings in its refining business were US$2.7 billion, up US$1.70 billion over the same period the year prior.

Facebook sees higher profits, more friends

The social media giant's revenue soars 30% from a year ago to US$16.9 billion.

Global gasoline margins plunge due to overproduction, tepid demand

Adding to the overproduction by refiners are concerns that fuel consumption will decline because of a global economic slowdown.

UBS annual profits jump to US$4.9 billion

UBS' net income for 2018 as a whole was up by 25% from the previous year.

Goldman Sachs profits top forecasts as legal costs rise

The firm also notched higher revenues in financial advisory services, but lower sales in debt and equity underwriting.

How to build a diversified portfolio

Learn what Tony Robbins, a world authority on leadership psychology, has gleaned from over 50 top investors on how to build a diversified portfolio.

Tencent logs big profit rise despite China game crackdown

Tencent's earnings were hotly anticipated after the company posted a 2% year-on-year fall in profit in the preceding quarter.

Russia’s Rosneft nearly triples Q3 net income

The Russian giant's higher income is due to a positive exchange rate and an increase in production following an agreement by OPEC and other top producers including Russia to ease oil supply curbs.

Ferrari revs up, doubling third-quarter profit

Ferrari said total shipments for the period came in at 2,262 - 1,005 to Europe, the Middle East and Africa - for a rise of 10.6% while deliveries to China, Hong Kong and Taiwan were up 6.6% while sales to the remainder of Asia rose by a quarter.

Exxon Mobil, Chevron earnings jump on higher oil prices

Results for the two biggest oil companies reflected the boon from rising prices, which averaged US$69 a barrel on international markets during the quarter, compared to just US$48 a year earlier.

Shell accelerates share buybacks as profits soar

Shell said it completed the first tranche of buybacks in October for US$2 billion and was launching a second tranche on Thursday of up to US$2.5 billion.

Airbus says Q3 net profit more than triples to 957 mn...

The results reflected the "good performance" of the key A350 long-haul twin-jet, Airbus head Tom Enders said.

Panasonic first-half profit sags on higher costs

Net profit fell 4.5% on-year to 113.6 billion yen (US$1 billion) in the six months to September at the Osaka-based company, which supplies battery cells to Tesla.