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Saturday, January 23, 2021

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Volkswagen stock price slips despite a return to profit

Volkswagen reported earnings before tax of approximately €2.4 billion for the third quarter of the year The carmaker swung to a profit after reporting losses...

BP says underlying replacement cost profit came in at £66.07 million in Q3.

BP says underlying replacement cost profit came in at £66.07 million in Q3. The oil major reports £345.74 million of net loss in the third...

Nordea Bank’s net profit jumps to £761.14 million in the fiscal third quarter.

Nordea Bank’s net profit jumps to £761.14 million in the fiscal third quarter. The Helsinki-based bank reports £1.05 billion of net interest income in Q3. The...

Daimler’s net profit climbs to £1.87 billion in the fiscal third quarter.

Daimler’s net profit climbs to £1.87 billion in the fiscal third quarter. The German automaker reports £36.66 billion of revenue in Q3. Daimler forecasts annual EBIT...

American Express says profit was lower than expected in the third quarter.

American Express says profit was lower than expected in the third quarter. The credit card company posts a 20% decline in Q3 revenue to £6.72...

UBS net profit jumps close to 100% in the fiscal third quarter

UBS Group AG (SWX: UBSG) said on Tuesday that its net profit in the fiscal third quarter came in almost 100% higher on a...

Cadence Design Systems tops analysts’ estimates for sales & profit in Q3.

Cadence Design Systems tops analysts’ estimates for sales and profit in Q3. The U.S. firm reports £124.78 million of profit and £514.70 million of sales. Cadence...

Philips’ net profit jumps to £307 million in the fiscal third quarter

Philips N.V. (AMS: PHIA) said its net profit in the fiscal third quarter posted significant growth and topped experts’ forecast on Monday. For the...

Wells Fargo’s profit tanks 56% in the fiscal third quarter to £1.57 billion.

Wells Fargo’s profit tanks 56% in the fiscal third quarter to £1.57 billion. The U.S. bank sets aside £578.78 million to cover for loan losses...

BlackRock’s profit jumps 22% in the fiscal third quarter.

BlackRock’s profit jumps 22% in the fiscal third quarter. The U.S. firm notes an 18% annualised increase in Q3 revenue. BlackRock values total new inflows at...
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