Tag: Financial Services

Wells Fargo profit shrinks more than 7% on lower interest income

Wells Fargo’s profit fell 7% in the first quarter on Friday as it became more costly to pay customers for deposits and demand from borrowers declined.

Interlife: Στα 17,3 εκατ. τα προ φόρων κέρδη του 2023

Η Interlife έκλεισε το 2023 με ένα επενδυτικό χαρτοφυλάκιο αξίας 289,4 εκατ. ευρώ.

Berkshire shares jump after big profit gain as Buffett’s conglomerate nears $1 trillion valuation

Berkshire Hathaway shares rose on Monday after Warren Buffett’s conglomerate posted strong earnings for the fourth quarter over the weekend.

Block shares surge as much as 14% after company announces surprise profit

Block
stock rose as much as 14% in extended trading Thursday after the payments company reported fourth-quarter earnings that beat analyst estimates on gross profit and showed strong growth in its Square and Cash App revenue.

Santander announces plans for £4.7bn shareholder distribution following record results

Santander has announced that it will seek to pay out €5.5bn (£4.7bn) to shareholders just weeks after the bank unveiled record annual profits in 2023.

INTERLIFE: Με αύξηση στην παραγωγή ασφαλίστρων “έκλεισε” το 2023

Με αύξηση στην παραγωγή ασφαλίστρων “έκλεισε” το 2023 για την INTERLIFE, “ενισχύοντας περαιτέρω τη θέση της στην ασφαλιστική αγορά και επιβεβαιώνοντας τις καλές επιδόσεις της εταιρείας του πρώτου 6μηνου του προηγούμενου έτους” όπως σημειώνεται σε ανακοίνωση.

PayPal Analysts Lower Estimates After Weak Guidance. The Stock Is Dropping.

PayPal disappointed analysts and investors alike with its weak guidance for 2024.

INTERLIFE: Αύξηση Παραγωγής Ασφαλίστρων το 2023

Σημαντική αύξηση Παραγωγής κατέγραψε η INTERLIFE Ασφαλιστική το 2023 ενισχύοντας περαιτέρω τη θέση της στην Ασφαλιστική Αγορά.

Mastercard’s fourth-quarter profit jumps 11% on resilient spending

Payments processor Mastercard on Wednesday reported an 11% jump in fourth-quarter profit, driven by resilient consumer spending during the holiday season as labor markets remained strong and fears of a recession eased.

MIG: Αγόρασε γραφεία στην οδό Σταδίου έναντι 2,8 εκατ. ευρώ

Την αγορά γραφείων συνολικής ωφέλιμης επιφάνειας 1.128 τ.μ. σε εμπορικό ακίνητο επί της οδού Σταδίου 10 και Ομήρου στην Αθήνα ολοκλήρωσε η MIG στις 26 Ιανουαρίου 2024.

American Express Stock Rises on Strong Guidance. The Wealthy Are Still Spending.

American Express shares rose Friday after the card issuer reported quarterly earnings below estimates but offered strong guidance and a dividend boost.

Visa Beats Expectations on Consumer Resilience

Visa the world’s biggest payments network, reported December quarter results that beat expectations and demonstrated consumer resilience. It reiterated its revenue and profit per-share forecast for this fiscal year.

Goldman Sachs tops revenue estimates on better-than-expected asset management results

Here’s what the company reported: Earnings of $5.48 per share; it wasn’t immediately clear if that was comparable to the $3.51 estimate of analysts surveyed by LSEG.

Wells Fargo posts higher fourth-quarter profit, helped by higher interest rates and cost cutting

Wells Fargoshares fell more than 1% before the bell Friday even after fourth-quarter profit rose from a year ago, as the bank warned that net interest income for 2024 could come in significantly lower year over year.

Berkshire Hathaway Scoops Up More Occidental Stock, Taking Stake to 34%

Occidental Petroleum  stock has been under pressure recently, and Berkshire Hathaway has capitalized on that weakness by adding to its large holding in the energy company.

Διπλή διανομή χρήματος από την Ευρωσύμβουλοι

Σε διπλή χρηματική διανομή προς τους μετόχους τους θα προχωρήσουν οι Ευρωσύμβουλοι μέσα στο 2024, καθώς πέρα από την ήδη εγκριθείσα επιστροφή κεφαλαίου, η φετινή ετήσια τακτική γενική συνέλευση αναμένεται να αποφασίσει και τη διανομή μερίσματος.

British fintech Revolut hits record revenue, profit tumbles

British fintech Revolut’s revenue rose 45% to a record 923 million pounds ($1.1 billion) in 2022, but net profit tumbled to 6 million pounds, down from 26 million pounds the year before, the company said in delayed annual accounts on Friday.

Berkshire Buys More Occidental Stock, Bringing Its Stake to 28%

Berkshire Hathaway bought more Occidental Petroleum stock in recent days, purchasing 5.2 million shares and bringing its total ownership to 243.7 million shares, for a 27.7% stake in the big energy company, according to a form 4 filing with the Securities and Exchange Commission late Thursday.

Mastercard Just Raised Its Dividend. Its Stock Is Rising.

Mastercard stock was rising after the company announced a dividend increase and a new buyback program

Barclays shares slip after major backer Qatar cuts stake

LONDON, Dec 5 (Reuters) – Barclays shares fell in early trading on Tuesday after one of the bank’s largest shareholders Qatar Holding moved to sell around 510 million pounds ($644 million) of its stock, cutting back on its crisis-era investment in the bank.