US auto retailers’ falling new vehicle margins compress quarterly profits
By Nathan Gomes (Reuters) – Several U.S. auto retailers reported dour fourth-quarter profits this week, as price cuts and incentives to lure in buyers in …
margins
Turkish banks trim deposit rates as margins pressured -sources
By Ebru Tuncay ISTANBUL (Reuters) – Some Turkish banks have begun to cut their lira deposit rates to ease pressure on margins, banking sources said, …
JBS’ Q3 profit plunges on low U.S. pork prices, beef margins and global chicken glut
By Ana Mano SAO PAULO (Reuters) – JBS SA, the world’s biggest meatpacker, reported an 86% drop in third-quarter net income compared to a year …
Improved profit margins ‘bright spot’ in US earnings season -Goldman strategists
By Lewis Krauskopf NEW YORK (Reuters) – Improving profit margins among U.S. companies are supporting a stronger-than-expected earnings season even as revenues top estimates at …
Duke Energy beats profit estimates on higher margins
NEW YORK (Reuters) – Duke Energy Corp on Thursday beat Wall Street estimates for third-quarter profit, with the company pointing to higher retail margins and …
Amazon analysts expect same-day delivery to boost margins in Q3
By Arriana McLymore NEW YORK (Reuters) – Investors will look for signs that Amazon’s aggressive expansion of same-day delivery services helped increase its third-quarter profit …
US oil refiners crank out diesel, further squeezing margins for gasoline
By Laura Sanicola and Stephanie Kelly WASHINGTON (Reuters) – U.S. oil refiners have cranked up output of diesel, heating oil and jet fuel for winter …
Australia’s AMP hits over 2-month low on flagging fall in annual margins
By Rishav Chatterjee (Reuters) – Shares in AMP touched a more than two-month low on Wednesday, after the Australian wealth manager flagged lower growth expectations …
Tesla earnings: investors watching margins, deliveries, self-driving
By Akash Sriram (Reuters) – Tesla’s margins are likely to drop in the third quarter and take a bigger hit in the last three months …
Nike shares jump on leaner inventory, better margins outlook
By Savyata Mishra (Reuters) -Nike shares climbed as much as 11% on Friday as the company further trimmed its inventory ahead of the all-important holiday …
Chinese banks should keep a ‘proper level’ of profit margins -central bank
BEIJING (Reuters) – Chinese commercial banks need to maintain a proper level of profit and net interest margins to ensure sustainability in supporting the real …
Colombia’s Grupo Aval posts 75% fall in profit as bank margins fall
(Reuters) – Colombian financial conglomerate Grupo Aval reported a 75.4% year-over-year fall in net profit in the second quarter, according to a securities filing on …
Refiners make hay as global profit margins rebound
By Mohi Narayan, Laura Sanicola and Ahmad Ghaddar NEW DELHI/WASHINGTON/LONDON (Reuters) – Global refiners are raking in hefty gains, fuelled by a rebound from second-quarter …
Suncorp sees improvement in margins from insurance; annual cash earnings jump
(Reuters) -Australia’s Suncorp Group on Wednesday posted a sharp jump in full-year cash earnings and said it expects an improvement in margins in the medium …
Aussie banks margins seen falling; outlook key in high-rate environment
By Upasana Singh and Rishav Chatterjee (Reuters) – Australia’s biggest banks are likely to report narrower profit margins in the June quarter as an unprecedented …
Enterprise reports lower Q2 earnings as margins tighten
By Stephanie Kelly NEW YORK (Reuters) -U.S. energy infrastructure group Enterprise Products Partners LP reported lower earnings for the second quarter due to a major …
U.S. fast-food chains report fatter margins as cheese, chicken, avocado costs fall
By Deborah Mary Sophia and Kailyn Rhone (Reuters) – Major U.S. restaurant chains including burger giant McDonald’s saw lower ingredient costs, especially for chicken, cheese …
Stellantis CEO says Tesla margins hurt as EV maker faces reality check
MILAN (Reuters) – Stellantis head Carlos Tavares said on Wednesday that the profitability of Tesla was declining as the rival U.S. automaker entered the real …
Rebounding margins silver lining for US retail firms in uncertain economy
By Aishwarya Venugopal (Reuters) – Lower input costs and inventories, as well as extended price hikes are pushing a quicker-than-expected recovery in margins at U.S. …
Walmart investors eye margins amid grocery focus
By Siddharth Cavale NEW YORK (Reuters) – When Walmart reports earnings Thursday, investors will get an even closer look at how American shoppers shifted their …
China’s top banks post shrinking margins in Q1
By Ziyi Tang and Engen Tham SHANGHAI/BEIJING (Reuters) – Five of China’s largest lenders posted shrinking margins in the first quarter on Friday, as loan …
Smaller Chinese banks cut deposit rates on squeezed margins
BEIJING (Reuters) – Several small and mid-sized banks in China have lowered their deposit interest rates, a move that could help ease costs as loan …
Explainer-Oil price surge changes ECB narrative only at the margins
FRANKFURT (Reuters) – An oil production target cut announced by some of the world’s top exporters is bad news for the European Central Bank as …
Maserati aims at driving margins higher before any spin-off talk
By Giulio Piovaccari MILAN (Reuters) – Maserati aims to increase its margin on operating profit to 15% in the next 12 months and sees a …
Blinken, Lavrov spoke briefly on margins of G20 meeting – U.S. official
By Simon Lewis NEW DELHI (Reuters) – U.S. Secretary of State Antony Blinken and Russian Foreign Minister Sergei Lavrov spoke for less than 10 minutes …
Gold miners may see margins shine as energy, labor costs edge lower
By Arshreet Singh (Reuters) – Gold miners are set to report healthier margins for the fourth quarter as higher energy and labor costs, which dented …
Citi’s high deposit betas to squeeze interest margins – Moody’s
By Mehnaz Yasmin (Reuters) – Citigroup Inc may see more net interest margin (NIM) pressure than the other four big U.S. banks this year due …
Suncorp cash earnings jump on strong margins and investment returns, shares up
By Roushni Nair (Reuters) -Australia’s Suncorp Group posted a 63% jump in first-half cash earnings on Wednesday, helped by strong underlying margins and investment returns, …
U.S. oil refining margins hit 3-month high as plant outages rise
By Shariq Khan (Reuters) – U.S. oil refining margins on Tuesday hit a three-month high and are likely headed higher, analysts said, as unplanned refinery …
Swing District Republicans Won Midterms By Large Margins In Previous Blue Strongholds
Swing District Republicans Won Midterms By Large Margins In Previous Blue Strongholds Arjun Singh on November 21, 2022 Republicans won swing House districts by large …
Lower cattle prices to fatten Brazilian meatpackers’ margins, analysts say
By Nayara Figueiredo SAO PAULO (Reuters) – A decline in Brazilian cattle prices this year and strong demand for the country’s beef exports will widen …
OMV: Q3 retail and commercial margins increased q/q
BERLIN (Reuters) -Austrian oil and gas group OMV said on Monday its retail and commercial margins increased in the third quarter from the second. OMV …
Gap eliminates 500 corporate jobs amid shrinking margins
(Reuters) – Gap Inc is eliminating about 500 corporate jobs, the apparel chain said on Tuesday, as it struggles to protect margins and battles weak …
Bargain cruises may hurt Carnival margins
By Doyinsola Oladipo NEW YORK – Carnival Corp is expected to report a smaller quarterly loss and a spike in revenue when it announces second-quarter …
Refining margins, fuel costs surge on fallout from Russian invasion
By Stephanie Kelly NEW YORK – Refining profits, or margins, from turning crude oil into products such as gasoline and diesel are ballooning, and could …
Canadian banks set for 1st-qtr profit growth, but costs, margins could deal blow
By Nichola Saminather TORONTO – Canadian banks are set to report higher first-quarter earnings from a year ago, thanks to low provisions for credit losses …
Wall Street eyes Walmart results for signs of tighter margins, slower growth
By Arriana McLymore and Siddharth Cavale NEW YORK, NY – When Walmart on Thursday reports how it fared during the holiday quarter, investors also will …
Kellogg’s labor strike to eat into margins as supply woes mount
By Mehr Bedi – A nearly three-month long labor strike at Kellogg’s U.S. cereal plants is expected to dent profit margins already under pressure from …
ANZ shares near one-year low as home lending competition crimps margins
By Shashwat Awasthi – Australia and New Zealand Banking Group on Monday joined rival Westpac in flagging lower margins and warned of a first-half hit …