By Muyu Xu SINGAPORE (Reuters) – Asian refiners are on the hunt for crude oil to replace Kuwaiti supply as the OPEC producer cuts exports by nearly a fifth to …
Topic:
profit
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BEIJING (Reuters) – Chinese commercial banks need to maintain a proper level of profit and net interest margins to ensure sustainability in supporting the real economy, China’s central bank said …
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(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 Wednesday, despite a strong boost …
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By Chibuike Oguh NEW YORK (Reuters) – Shares of H&R Block Inc rose nearly 12% to a six-month high on Wednesday after the U.S. tax preparation firm reported better-than-expected fourth-quarter …
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COPENHAGEN (Reuters) – Danish brewer Carlsberg on Tuesday lifted its profit guidance for the full year after a “solid business performance” in the first half of the year. The world’s …
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By Gabriel Araujo SAO PAULO (Reuters) -Brazilian planemaker Embraer on Monday shot past market estimates for second-quarter results, with its chief executive voicing optimism about upcoming quarters for the company. …
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FRANKFURT (Reuters) – German insurer Allianz on Thursday was optimistic on its outlook for the full year after reporting a better-than-expected 18% rise in second-quarter net profit. The company, one …
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SHANGHAI (Reuters) – China’s Ant Group made net profit of 13.37 billion yuan ($1.85 billion) in the three months to March 31, up 17.5% from a year earlier, according to …
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(Reuters) – Savills Plc posted a sharp drop in half-yearly profits on Thursday as rising interest rates hit trading volumes, sending the British real estate adviser’s shares down nearly 9%. …
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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 lows in margins on making …
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By Padraic Halpin DUBLIN (Reuters) -Flutter’s first half core earnings jumped 76% as its fast growing U.S. Fanduel brand turned a profit for the first time in a “transformation point” …
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(Reuters) -Barrick Gold Corp beat analysts’ expectations for second-quarter profit on Tuesday, as the Canadian gold miner benefited from higher prices of the precious metal. The company also maintained its …
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TOKYO (Reuters) – Japan’s Kobe Steel raised its net profit forecast for the current fiscal year to a record high of 120 billion yen ($839 million) on expected higher selling …
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By Anton Bridge TOKYO (Reuters) – Japan’s SoftBank Group is likely to report a return to profit when it announces first-quarter earnings on Tuesday, analysts said, as its Vision Fund …
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TOKYO (Reuters) – Japan’s SoftBank Corp, the domestic telecoms arm of SoftBank Group, posted a 2.1% increase in first quarter operating profit on Friday. Operating profit was 246.3 billion yen …
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(Reuters) -Rare earths miner MP Materials posted a better-than-expected quarterly profit on Thursday and said it has started refining small amounts of the strategic metals in California. Rare earths are …
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(Reuters) – Regency Centers Corp on Thursday lifted the bottom end of its forecast for annual profit and funds from operations, signaling higher rental prices and steady leasing demand for …
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MILAN (Reuters) – Sales at Italian luxury goods group Salvatore Ferragamo declined by 7.2% at constant currencies in the first half, hit by double-digit drops in both North America and …
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(Reuters) – USA Today-publisher Gannett Co boosted its annual earnings expectations on Thursday, as advertising demand recovers from post-pandemic lows. Advertising budgets were hit earlier this year by an uncertain …
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(Reuters) – Engine maker Cummins reported a second-quarter profit on Thursday that missed analysts’ estimates, hurt by high manufacturing costs. The company’s shares fell 3.8% to $252.20 in premarket trading. …
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SAO PAULO (Reuters) -South American e-commerce giant MercadoLibre reported a 113% rise in its second-quarter net income on Wednesday to $261.9 million, amid higher sales volume and an increase in …
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(Reuters) – MGM Resorts International beat Wall Street profit estimates for the second quarter on Wednesday, as visitor rebound in China surpassed pre-pandemic levels. However, costs for casino operations, hotel …
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(Reuters) – MetLife on Wednesday reported second-quarter profit above expectations as a rally in U.S. markets boosted returns from the insurer’s investments. Wall Street has rebounded this year on hopes …
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(Reuters) – C.H. Robinson Worldwide missed quarterly estimates for sales and profit on Wednesday as the logistics company struggled with waning demand and lower pricing for its services. The global …
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By Ananya Mariam Rajesh and Kailyn Rhone (Reuters) – Clorox on Wednesday forecast annual profit above Wall Street estimates after fourth-quarter results beat expectations, boosted by price hikes and steady …