Tag: “Sector”

The streaming wars are no longer just about subscriber growth. Paramount Global added just 700,000 subscribers in the second quarter, compared to 4.1 million in the first quarter.

Merck on Tuesday reported second-quarter revenue that topped expectations on strong sales of its blockbuster cancer drug Keytruda and HPV vaccine Gardasil.

Caterpillar CAT +1.82% crushed Wall Street’s earnings estimates for the second quarter but the stock wasn’t doing much in early trading. Investors weren’t worried about this quarter. They are worried about the economic cycle.

TOKYO, Aug 1 (Reuters) – Nomura Holdings Inc (8604.T) on Tuesday reported a jump in first-quarter net profit as a strong Japanese stock market helped the country’s biggest brokerage and investment bank attract money from global investors.

Pfizer on Tuesday reported second-quarter adjusted earnings that topped Wall Street’s expectations, but posted revenue that came under estimates due to a steep drop in Covid product sales.

JetBlue Airways Corp. stock was down 6.1% in premarket trades on Tuesday after the carrier warned it would post a potential third-quarter loss due to competition with international travel and other challenges.

Oil major BP on Tuesday reported a nearly 70% year-on-year drop in second-quarter profits on the back of weaker fossil fuel prices, echoing a trend observed across the energy industry.

CVS Health Corp. will slash about 5,000 jobs in a cost-cutting move, the Wall Street Journal reported Monday night. According to the report, the layoffs are primarily in corporate positions, and the company doesn’t expect customer-facing positions in its stores, clinics and pharmacies to be affected.

HSBC’s net profit more than doubled to $18.1 billion in the six months ended June, a sharp spike compared to the $9 billion in the same period a year before.

(Bloomberg) — Uber Technologies Inc. reported better-than-expected net income, boosted by record ridership volumes, offering evidence the ride-hailing giant is officially moving beyond its cash-burning startup past and making progress on its profitability goals.

Amazon is rolling out its virtual health clinic service nationwide, the company announced Tuesday.

Early results for Chinese electric-vehicle deliveries have been released. They were excellent. That’s a positive for Tesla , BYD , and other auto makers selling battery-powered vehicles in the world’s largest new car market.

Σε €684εκ., έναντι €941εκ. το α΄ εξάμηνο 2022, διαμορφώθηκαν το α΄ εξάμηνο 2023 τα συνολικά καθαρά κέρδη της Eurobank και περιλαμβάνουν κυρίως €111εκ. κέρδος από την απόκτηση συμμετοχής στην Ελληνική Τράπεζα Κύπρου.

Σε 238 εκατ. ευρώ ανήλθαν τα καθαρά κέρδη της Τράπεζας Πειραιώς το 2ο τρίμηνο του έτους έναντι 80 εκατ. ευρώ την αντίστοιχη περίοδο πέρσι.

Αισιόδοξη για τις προοπτικές των ελληνικών τραπεζών δηλώνει η Citigroup καθώς, αν και το τέλος των αυξήσεων των επιτοκίων από την Ευρωπαϊκή Κεντρική Τράπεζα θα θέσει προκλήσεις στα μεγέθη τους, αναμένεται να αδράξουν τα οφέλη που φέρνουν στην οικονομία τόσο το αποτέλεσμα των πρόσφατων εκλογών όσο και η αναμενόμενη αναβάθμιση της Ελλάδας στην επενδυτική βαθμίδα από τους μεγάλους οίκους αξιολόγησης.

H αμερικανική τράπεζα Citi ήταν ο τελευταίος μεγάλος αμερικανικός επενδυτικός οίκος που δεν είχε αναθεωρήσει τις τιμές στόχους και τις συστάσεις των ελληνικών τραπεζών μετά τα αποτελέσματα του πρώτου τριμήνου, αλλά και το εκλογικό αποτέλεσμα.

SoFi Technologies SOFI  was rising Monday after the fintech delivered strong deposit numbers for its second quarter and boosted guidance.

July 31 (Reuters) – Walmart (WMT.N) has paid $1.4 billion to buy out hedge fund Tiger Global’s investment in its Indian e-commerce firm Flipkart and acquired private equity firm Accel’s remaining 1% stake in the company as well, media reports said on Monday.

Heineken on Monday cut its full-year outlook after reporting a fall in key earnings for the first half, largely due to lower volumes in the profitable Asia Pacific region.

Stock trading platform eToro agreed to a $120 million secondary share sale, giving the company a slightly lower valuation than the $3.5 billion it was valued at in a primary funding round earlier this year.