Toyota shares hit record high after earnings upgrade, domestic rivals in focus
TOKYO (Reuters) – Toyota Motor shares hit a record high on Wednesday after its earnings upgrade the prior day, with rivals Honda and Nissan also posting gains on expectations their solid hybrid…
Megacap earnings to test fledgling U.S. stock rebound
By Lewis Krauskopf NEW YORK (Reuters) – Earnings reports from the four biggest U.S. companies by market capitalization in the coming week may test a nascent rally that has seen stocks claw…
U.S. equity funds lure inflows on earnings optimism
(Reuters) – U.S. equity funds saw money inflows for the first time in four weeks in the week to Oct. 19, as strong third-quarter earnings calmed investor fears that rising interest rates…
GM, Ford set to report earnings to a tough crowd on Wall Street
By Joseph White DETROIT (Reuters) – General Motors Co and Ford Motor Co hope their earnings reports next week will convince skeptical investors that their decade-long efforts have succeeded at unchaining them…
Wall Street ends lower as Fed worries outweigh earnings
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks closed lower on Thursday as data on the labor market and comments from a U.S. Federal Reserve official reinforced expectations the central bank…
Marketmind: Earnings vs Rates
(Reuters) – A look at the day ahead in U.S. and global markets from Mike Dolan. Market tension is building between surprising positivity still coming from the unfolding corporate earnings season and…
ASML to report Q3 earnings as China, supply chain questions swirl
AMSTERDAM (Reuters) – Supply chain snags, spending cuts by customers and U.S. trade curbs on China are likely to be in focus at ASML Holding NV’s quarterly results on Wednesday, which should…
European shares tumble as fears around inflation, earnings grip investors
By Sruthi Shankar and Amruta Khandekar (Reuters) – European shares tumbled on Wednesday as nerves about soaring prices and rising interest rates were aggravated by inflation data from the United States, while…
Economic worries loom over U.S. airline earnings
By Rajesh Kumar Singh CHICAGO (Reuters) – U.S. carriers including American Airlines Group Inc and United Airlines Holdings Inc are enjoying the strongest consumer demand in three years, but analysts and investors…
Non-Payment of Federal Income Tax on Cryptocurrency Earnings Leads to Conviction for South Florida Resident
MIAMI – Ethan Thomas Trainor, has pled guilty to attempted tax evasion. Trainor used sophisticated on-line techniques to conceal from the IRS over $1 million in cryptocurrency he earned through illegal dark…
Gazprom says group’s first half core earnings more than doubled to $53 billion
MOSCOW (Reuters) – Russian gas giant Gazprom Group’s earnings before interest, taxes, depreciation and amortisation more than doubled in the first six months of the year to 3.05 trillion roubles ($52.54 billion),…
Upper Crust owner SSP expects full-year core earnings to beat expectation
(Reuters) – Upper Crust owner SSP said on Tuesday it expects full-year core earnings to be slightly ahead of its prior guidance, as passenger numbers recover to pre-pandemic levels. For the full…
Analysis-Credit markets see less risk of recession, earnings may challenge that
By Karen Brettell (Reuters) – U.S. high-yield corporate debt markets may be underpricing for the risk of a recession even as Treasuries and macroeconomic indicators reflect rising growth fears, but that may…
Chemours cuts earnings forecast on low demand, high input costs
(Reuters) – Chemours Co cut its full-year forecast for adjusted earnings on Wednesday citing low demand and high input costs, sending its shares down 5% in premarket trade. The chemicals company also…
Cheniere Energy boosts buyback, earnings forecast
(Reuters) -The largest U.S. liquefied natural gas exporter, Cheniere Energy Inc, on Monday raised its earnings outlook and laid out plans to pay higher dividends and share repurchases while adding to its…
Foreigners return to Indian equities on hopes over earnings
By Patturaja Murugaboopathy and Sethuraman N R (Reuters) – Foreigners are returning to Indian stocks after dumping them in the first half as they look for higher returns amid expectations that major…
Analysis-As earnings support U.S. stock rebound, worries over future profits grow
By Lewis Krauskopf NEW YORK (Reuters) – Stronger-than-expected corporate earnings have helped fuel the rebound for U.S. stocks but some investors are pointing to potential risks ahead for profits that could sap…
More pain or rebound? Investors brace for retail earnings
By Uday Sampath Kumar and Siddharth Cavale (Reuters) – Walmart Inc and Target Corp kick off retail earnings this week, and what the two biggest U.S. retailers say about consumers will likely…
TPG quarterly earnings more than triple on fee growth, asset sales
By Chibuike Oguh NEW YORK – TPG Inc said on Tuesday its second-quarter after-tax distributable earnings more than tripled, owing to strong growth in management fees and asset sales from its private…
Deutsche Post reports double-digit Q2 earnings growth
BERLIN -German logistics company Deutsche Post reported double-digit growth in revenue and earnings on Friday and confirmed its outlook for 2022, as its flourishing freight and express business built on an already-strong…
Mexico’s Cemex posts earnings drop, cuts operating profit forecast
By Kannaki Deka and Isabel Woodford (Reuters) – Mexican cement producer Cemex SAB de CV on Thursday posted a near 2% fall in second-quarter earnings and lowered its full-year operating profit forecast,…
Carlyle’s second-quarter earnings rise 34% on strong asset sales
By Chibuike Oguh (Reuters) – Private-equity firm Carlyle Group Inc said on Thursday its second-quarter distributable earnings rose 34%, driven by asset sales that were completed even as markets nosedived. Distributable earnings…
Nascent U.S. stock rally hangs in balance as Wall St awaits megacap earnings
By Lewis Krauskopf NEW YORK – Results from the four largest U.S. companies by market value highlight a busy week of corporate earnings and could help determine whether the stock market can…
Marketmind: Earnings to the rescue?
A look at the day ahead in markets from Tommy Wilkes. The European corporate earnings season picks up pace on Tuesday and the evidence so far is that rising costs and slowing…
Kuehne + Nagel’s quarterly earnings rise despite volatile supply chains
(Reuters) – Swiss logistics group Kuehne & Nagel International on Monday reported a 79% rise in its second-quarter net profit, citing growth in all business units despite volatile supply chains. Net profit…
Twitter Blames Musk For Brutal Second Quarter Earnings
Twitter Blames Musk For Brutal Second Quarter Earnings Max Keating on July 22, 2022 Twitter’s second quarter earnings report released Friday underperformed analysts’ expectations, which the company chalked up to shaky dynamics…
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