Japans largest lender MUFG logs 6% growth in third-quarter profit
Japan’s Mitsubishi UFJ Financial Group (MUFG) booked a 6 per cent rise in third-quarter net profit, it said on Wednesday (Feb 4). The banking group generated 520.6 billion yen…
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thirdquarter
Klarna beats third-quarter revenue estimates in first earnings report after IPO
Growth in U.S. markets helped Swedish fintech firm Klarna to achieve a 26% jump in third-quarter revenue, beating expectations in its first report as a public company and forecasting…
Home Depot misses third-quarter earnings expectations, cuts outlook
Home Depot‘s third-quarter was mixed with fewer violent storms reaching shore, more anxiety among U.S. consumers, and a housing market that is in a deep funk. The company lowered its…
Xiaomi reports 81% jump in third-quarter profit on strong EV sales
Adjusted net profit reaches 11.3 billion yuan (S$2.1 billion), exceeding the average estimate of 10.3 billion yuan China’s Xiaomi reported a 80.9 per cent jump in third-quarter profit on…
British Airways-owner IAG third-quarter profit inline with expectations
British Airways-owner IAG on Friday (Nov 7) reported a slight increase in operating profit for the third quarter, largely in line with estimates, but highlighted continuing weakness in its…
Yum Brands mulls Pizza Hut sale as Taco Bell drives third-quarter beat
YUM Brands said on Tuesday it was exploring strategic options for its Pizza Hut chain struggling in a highly competitive fast-food industry, and posted upbeat quarterly results on the back…
Amazon’s third-quarter results get a boost from its cloud computing business
Amazon posted higher fiscal third quarter profit and sales compared with a year ago, fueled by accelerating growth in its cloud computing business and strong spending by its customers…
Alphabet beats third-quarter revenue estimates on cloud demand and advertising
Google parent Alphabet beat Wall Street estimates for third-quarter revenue on Wednesday, as both its core advertising business and cloud computing unit showed steady growth. Shares of the…
Intel beats third-quarter profit estimates as cost cuts, investments pay off
INTEL beat expectations for September-quarter profit as CEO Lip-Bu Tan’s drastic cost-cutting measures helped the chipmaker shore up its finances amid a slew of high-profile investments in…
Beauty, Wellbeing Sales Fuel Third-quarter Growth at Unilever
LONDON – Beauty and wellbeing sales are steaming ahead at Unilever, and drove underlying group sales growth up 3.9 percent to 14.7 billion euros in the third fiscal quarter. The consumer…
Tesla earnings miss despite record third-quarter sales surge
Investors have largely bought into Musk’s vision, driving the shares up 8.7% so far this year Tesla’s profit plunged more than expected as sharply rising costs undercut a record quarter of…
Kering beats third-quarter forecasts as smaller brands cushion Gucci decline
Kering’s overall group sales fell less than analysts expected in the third quarter thanks to the performance of its smaller brands and some encouraging signs at ailing flagship brand…
VinFast third-quarter e-bike sales jump following Hanoi motorbike ban
Vietnam’s VinFast said on Wednesday (Oct 22) it delivered more than 120,000 electric two-wheelers in the third quarter, a 73 per cent quarterly increase, after Hanoi announced plans to ban…
Foxconn’s third-quarter revenue hits record, misses market forecast
Taiwan’s Foxconn, the world’s largest contract electronics maker, reported record third-quarter revenue on strong demand for artificial intelligence (AI) products, though it missed the…
National Australia Bank third-quarter cash earnings rise marginally
ONAL Australia Bank reported a slight increase in its cash earnings for the third-quarter on Monday, helped by improved margins and growth in business and home lending. The…
ANZ reports third-quarter rise in deposits, loans
RALIA’S ANZ Group said on Friday its customer deposits and net loans and advances rose in the third quarter, while credit risk-weighted assets edged higher due to growth in…
GameStop reports third-quarter profit on spending cuts
GAMESTOP reported a third-quarter profit on Tuesday (Dec 10) as the video game retailer ramps up its cost-saving efforts, including shutting stores and selling higher-margin goods. Chief…
Salesforce’s third-quarter revenue beats on strong cloud demand
SALESFORCE beat Wall Street estimates for third-quarter revenue on Tuesday (Dec 3) and raised the lower end of its annual revenue forecast, helped by robust spending on its enterprise…
Nasdaq’s third-quarter profit rises on fintech strength
NASDAQ reported a rise in third-quarter profit on Thursday (Oct 24), helped by strong demand in its solutions business that houses the exchange operator’s financial technology products.…
LSEG’s third-quarter income tops forecasts, shares hit record
LONDON Stock Exchange Group said on Thursday (Oct 24) that its income rose a better-than-expected 9.5 per cent in the third quarter after strong growth in its capital markets business,…
Heineken third-quarter beer volumes hit by weak Americas
HEINEKEN reported worse-than-expected beer volumes due to declines in the Americas and Asia-Pacific as consumers failed to ramp up spending. The Dutch brewer said on Wednesday (Oct 23)…
LVMH third-quarter sales fall 3% as China weighs
FRENCH luxury giant LVMH reported a 3 per cent fall in third-quarter sales on Tuesday (Oct 16), its first decline in quarterly sales since the pandemic, as rising prices and economic…
TSMC third-quarter profit seen jumping 40% on strong AI chip demand
TAIWAN Semiconductor Manufacturing Company (TSMC), the main producer of advanced chips used in artificial intelligence (AI) applications, is expected to report a 40 per cent leap in…
TSMC’s third-quarter revenue easily beats market forecast
TAIWAN Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker, reported on Wednesday (Oct 9) third-quarter revenue that easily beat both the market and the…