By Hilary Russ NEW YORK – Wall Street analysts have slashed their forecasts for McDonald’s Corp’s 2022 and 2023 profit, the latest sign that some Western companies stand to take …
Topic:
profit
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By Peter Frontini SAO PAULO – Brazilian stock exchange operator B3 reported on Thursday its recurring net profit for the fourth quarter grew by 6.0%, but was slightly below analysts’ …
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– U.S. homebuilder Lennar Corp on Thursday forecast current-quarter profit above Street estimates, as strong demand for costlier homes continue to buoy its performance amid the supply challenges faced by …
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Malaysia’s AirAsia X completes debt restructure, to write back nearly $8 billion to profit
by Reuters– Malaysia’s Airasia X (AAX) said on Wednesday it had completed its debt restructuring, and will write 33 billion ringgit ($7.86 billion) back to profits in the next quarter. Under …
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BERLIN – The Volkswagen Group achieved a 16% market share in China in 2021 and the VW brand returned to profit in North and South America, the German carmaker said …
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By Francesca Landini and Valentina Za MILAN – Italy’s Atlantia expects its core profit to rise by 27% by 2024, it said on Friday, as traffic on motorways and in …
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FRANKFURT – Deutsche Bank is aiming for higher annual revenue and a lower cost-to-income ratio by 2025, Germany’s largest lender said on Thursday as it mapped out its financial plans …
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By Gabriel Araujo and Peter Frontini SAO PAULO – Brazilian planemaker Embraer SA on Wednesday reported net profit of 11.1 million reais ($2.1 million) in the fourth quarter, up from …
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By Selena Li and Carolyn Cohn HONG KONG/LONDON -Prudential PLC notched up a 16% rise in 2021 operating profit after it strengthened its focus on Asia, though it warned of …
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By Nqobile Dludla JOHANNESBURG – Africa’s largest mobile operator by subscribers, MTN Group, resumed annual dividends on Wednesday, declaring a higher payout than previous guidance as a divestment plan made …
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– Chilean retailer Cencosud on Thursday posted a fourth quarter net profit of $249 million, boosted by improved revenues in the countries it operates, which also include Argentina, Peru, Brazil …
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DUBLIN – Bank of Ireland on Monday posted its biggest annual profit since the global financial crisis more than a decade ago and said it plans to return of 104 …
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– British real-estate portal Rightmove said on Friday it expects transaction levels to return to pre-pandemic levels this year, dispelling concerns about a slowdown driven by rising inflation and a …
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– Australia’s Lynas Rare Earths Ltd posted a record first-half profit on Friday, helped by a surge in demand for the minerals used in electric vehicles amid a global push …
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– U.S. rare earth miner MP Materials Corp on Thursday posted a higher fourth-quarter profit, helped by rising prices for the minerals used to make high-end electronics and weaponry. Rare …
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– U.S. shale oil firm EOG Resources Inc on Thursday reported a jump in fourth-quarter profit as crude prices soared to multi-year highs following a rebound in demand as the …
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– U.S. shale producer Occidental Petroleum Corp on Thursday reported a fourth-quarter profit compared with a year-ago loss, as a recovery in demand has driven crude prices to multi-year highs …
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SAO PAULO – Brazilian brewer Ambev SA’s fourth-quarter net income fell 45.6% from a year earlier to 3.75 billion reais ($748.55 million), it said on Thursday, citing widespread deceleration across …
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By Iain Withers and Lawrence White LONDON -Britain’s largest high street bank Lloyds posted a jump in annual profits on Thursday but was dented by further costs for past misdeeds, …
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– Bouygues should grow its sales and core profit further in 2022, the French conglomerate said on Thursday, as it posted annual earnings that surpassed expectations to land ahead of …
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PARIS -Axa reported a profit on Thursday that more than doubled from last year, with the French insurer recovering from pandemic-related claims during the peak of the COVID-19 crisis. The …
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STOCKHOLM/BERLIN – Deutsche Telekom reported quarterly core profit and revenue above market estimates on Thursday, boosted by its U.S. unit, T-Mobile along with growth in European business. Adjusted earnings before …
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HONG KONG – The Hong Kong stock exchange operator’s 2021 net profit rose 9% but missed expectations, as China’s regulatory crackdowns resulted in fewer listings and struggling markets hurt its …
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– Brazilian food retailer GPA reported on Wednesday a net income of 777 million reais ($155.10 million) in the fourth quarter of 2021, a 107.7% increase over the same quarter …
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– Shale oil and gas producer Chesapeake Energy Corp said on Wednesday its quarterly adjusted profit rose 14.5% in the fourth quarter from the third, helped by a surge in …