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…
Sugar group Tereos posts higher earnings, debt stable
PARIS -French sugar and ethanol group Tereos on Wednesday reported a jump in third-quarter core earnings as high prices helped offset a poor harvest in Brazil. Tereos, the world’s second largest sugar…
Aurubis confirms 85% quarterly profit rise, raised earnings forecast
HAMBURG -Aurubis AG, Europe’s largest copper producer, on Monday confirmed an 85% rise in quarterly profits and reiterated increased full-year earnings estimates as high metal prices and strong output boosted results. Aurubis…
Carlyle’s Q4 earnings jump nearly fourfold on record asset sales
By Chibuike Oguh – Carlyle Group Inc said on Thursday its fourth-quarter distributable earnings increased almost fourfold thanks to a record level of asset sales from its private equity portfolio that was…
Analysts beef up expectations for Europe’s earnings season
LONDON – Analysts are upgrading their expectations for Europe’s fourth-quarter earnings season, which has seen a steep increase in companies announcing consensus-beating results, according to the latest data from Refinitiv I/B/E/S. Earnings…
Earnings beats underwhelm as Wall Street looks for good news
By Caroline Valetkevitch NEW YORK -U.S. earnings news has been less impressive this reporting season than in recent quarters, giving some investors another reason to worry after Wall Street’s tumultuous start to…
HeidelbergCement fourth-quarter earnings gain beats market view
FRANKFURT – A better than expected increase in fourth-quarter sales and earnings prompted HeidelbergCement to release some results ahead of schedule on Monday. Citing preliminary figures, the German cement maker said quarterly…
Dutch telco KPN hikes dividend as earnings rise
AMSTERDAM -Dutch telecom company KPN announced on Monday a new share buyback program and a higher dividend over 2022, as its core profit rose on the back of growing mobile revenues. The…
Blackstone reports record fourth-quarter earnings
By Chibuike Oguh -Blackstone Inc on Thursday said distributable earnings rose by 55% to a record high, as the world’s largest manager of alternative assets took advantage of rising markets to sell…
Apple poised for strong earnings despite supply constraints, Omicron
By Danielle Kaye – Apple Inc navigated pandemic-related supply chain issues better than rivals at the end of 2021, likely helping the iPhone maker surpass Wall Street revenue growth targets of 6%,…
Futures fall ahead of Fed meeting, corporate earnings
– U.S. stock index futures fell on Tuesday following a turbulent start to the week, with investors keeping an eye out for the Federal Reserve meeting and a host of major earnings…
Cybertrucks, new factories in focus as Tesla set to report record earnings
By Hyunjoo Jin SAN FRANCISCO – Tesla Inc is expected to post record revenue on Wednesday, but analysts and investors are focusing on how fast Tesla can scale up production at two…
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