profits
Goldman Sachs has surprised analysts its report of a double-digit rise in revenues and profits for the first three months of this year. Net revenues for the American multinational investment bank and financial services group reached $14.21 billion (€13.36 billion), 16% higher than last year and net earnings jumped to $4.13 billion (€3.88 billion) resulting in a 28% surge compared with a year ago. The New York-based company said it had earnings of $11.58 per share. The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for e...
Euronews (English)
The largest US bank JPMorgan kicked off earnings season with a modest 6% annual rise in first-quarter profits on Friday, however, CEO Jamie Dimon warned that inflation and geopolitical risks may impact the bank's operations in the future. Most metrics of JPMorgan's business were solid for the year's first three months. The lender earned a profit of $13.42 billion, or $4.44 a share. JPMorgan's results were impacted by a $725 million one-time charge to the Federal Deposit Insurance Corporation. While investment banking revenues were largely flat, the bank reported an uptick in activity. In the c...
Euronews (English)
The Czech power company CEZ said Thursday its 2023 net profit reached 29.6 billion Czech crowns (€1.17 billion), down more than 63% from the previous year, which saw record profits. The country’s main electricity producer attributed the decline to a windfall tax on profits introduced as prices for energy soared. “Despite the extraordinary levy on excess revenues from generation, in 2023 we achieved the highest profit in the last 10 years, with the exception of the extraordinary year 2022,” CEZ chief executive Daniel Beneš said. Still, CEZ said the profit exceeded its initial goal due to additi...
Euronews (English)
Barbie and Oppenheimer came out tops in the cinema world in 2023, winning both the approval of the public and Hollywood's most-respected award-giving juries. However, while these films are profiting from their most recent release, older movies are still appealing to the punters. Costumes, makeup, accessories or even swords and magic wands are all part of classic merchandise fancied by some movies' fans. Whether those items are purchased around the film's release or continue to be years after, many movies make profits away from the actual cinema. Here's what the past two months of internet rese...
Euronews (English)
Lufthansa, Europe's largest airline group by revenue, saw net profits more than double last year. It is planning to pay dividends again for the first time since the pandemic. The German carrier group, which also includes SWISS, Austrian Airlines, Brussels Airlines and Eurowings, described its 2023 performance as the "third-best financial result in the history of the Lufthansa Group". The group reported a net profit of €1.67 billion for 2023 compared with €791 million on the year earlier. Revenue was up by 15% at €35.4 billion while passenger numbers climbed 20% to more than 120 million. "The L...
Euronews (English)
Youth campaign group Bite Back, founded by chef Jamie Oliver, claims that the UK food system is broken and that young people are paying the price. In their ‘Fuel Us, Don’t Fool Us’ report, released on Thursday, they name and shame big companies reliant on junk food products. According to Bite Back, Ferrero and Cadbury-owner Mondelez are the firms with the highest proportion of unhealthy items in their portfolios, with an estimated 100% and 98% of their UK sales coming from junk food. This includes sweet snacks like Kinder Surprise and Freddo bars. Other companies criticised in the report are U...
Euronews (English)
Pretax profit for the final three months of the year fell to $1 billion (€920 million) from more than $5 billion (€4.62 billion) the previous year, mainly due to two major expenses; $3 billion (€2.77 billion) to pay for an impairment charge relating to the investment in the Chinese Bank of Communications Co. and another $2 billion (€1.85 billion) relating to the sale of the lender's retail banking operations in France. This completely took the attention off the otherwise record pretax profits reported for the full year, reaching $30.3 billion (€28 billion) in 2023. The final figure, however, s...
Euronews (English)
The London-based Nusr-Et Steakhouse, commonly known as the "Salt Bae restaurant" for the viral chef from which it gets its name, boosted its profits by 44% in 2022, according to new figures. A recent filing on the UK's Companies House - the country's company register - showed that the steakhouse brought in £3.3 million (€3.9 million) in profit before tax two years ago, compared to £2.3 million the year before. The restaurant, part of a global empire with branches in Turkey, Greece, the US and elsewhere, has defied the cost of living crisis to cash in not only on its celebrity chef-owner Nusret...
Euronews (English)
UBS Group AG reported a pretax loss of $751 million (€699.7 million) for the closing three months last year, as the Swiss banking giant continued to integrate its longtime rival Credit Suisse after a government-orchestrated merger. A big part of the Zurich-based lender's losses, $508 million (€473 million), was linked to an investment in SIX Group, which operates Switzerland's main stock market. The net loss in the quarter came in at $279 million (€260 million), which translates to a loss of 9 cents per share. The result is still better than what investors and market analysts expected, as the ...
Euronews (English)
Thursday's quarterly earnings reports revealed a striking narrative as Meta Platforms, Amazon.com, and Apple not only surpassed Wall Street's forecasts but also delivered a resounding message of resilience for the US tech sector. These three tech titans, with their over $5 trillion (€4.6 trillion) combined market valuation, have effectively countered the creeping doubts about tech growth triggered by the less-than-stellar performance of Alphabet and AMD earlier in the week. Meta Platforms leaps forward with AI and the MetaverseMeta Platforms announced a significant revenue boost to $40.1 billi...
Euronews (English)
閲覧を続けるには、ノアドット株式会社が「プライバシーポリシー」に定める「アクセスデータ」を取得することを含む「nor.利用規約」に同意する必要があります。
「これは何?」という方はこちら