Mr Kipling maker Premier Foods posts higher half-year adjusted profit
(Reuters) – Premier Foods reported a rise in half-yearly adjusted profit on Wednesday on strong demand for its cakes and grocery products, while flagging further …
profit
Uruguay’s dLocal posts higher quarterly profit as platform grows
(Reuters) – Uruguayan payments firm dLocal posted a higher third-quarter net profit compared with last year as payment volumes on its platform jumped, the company …
Australia’s CBA Q1 profit jumps on lending growth, rising interest rates
By Sameer Manekar (Reuters) – Commonwealth Bank of Australia, the country’s largest bank, on Tuesday reported better-than-expected cash earnings for the first quarter, helped by …
Colombia’s Grupo Argos Q3 net profit drops 9.2% after jump in costs
MEXICO CITY (Reuters) – Colombian industrial conglomerate Grupo Argos’ third-quarter net profit fell 9.2% from a year earlier, the company said Monday, following a jump …
Japan’s biggest bank Mitsubishi UFJ reports 70.5% slump in Q2 profit
TOKYO (Reuters) – Mitsubishi UFJ Financial Group Inc, Japan’s largest lender by assets, on Monday reported a 70.5% slide in second-quarter net profit because of …
Japan’s Mizuho reports 29.3% increase in Q2 net profit
TOKYO (Reuters) – Mizuho Financial Group, Japan’s third-largest lender by assets, on Monday reported a 29.3% increase in second-quarter net profit. Mizuho posted a profit …
Colombia’s Grupo SURA posts near-stable Q3 profit as revenues, costs grow
(Reuters) – Net profit at Grupo SURA, Colombia’s largest investment company, stayed relatively stable in the third quarter compared to the year-ago period as both …
Chile’s Empresas Copec posts 35.5% drop in Q3 net profit
SANTIAGO (Reuters) -Chilean industrial group Empresas Copec on Friday posted a 35.5% decrease in its third-quarter net profit versus a year earlier, mainly driven by …
Pfizer’s India arm posts profit jump on lower costs, price hikes
BENGALURU – Pfizer Ltd, the Indian arm of U.S. pharma giant Pfizer Inc, reported a rise in second-quarter profit on Friday, boosted by price hikes …
Brazil’s Rumo profit soars on higher volumes, tariffs
SAO PAULO (Reuters) – Brazilian railroad operator Rumo SA reported on Thursday a six-fold jump in third-quarter profit, benefiting mainly from higher agribusiness cargo volumes …
Ternium Q3 profit drops 84%, sees lower steel margin ahead
By Gabriel Araujo and Kylie Madry SAO PAULO/MEXICO CITY (Reuters) -Steelmaker Ternium reported an 84% drop in its third-quarter net income to $220 million on …
NYSE-parent ICE beats profit estimates, takes $1.1 billion writedown
By Manya Saini (Reuters) -Intercontinental Exchange topped market estimates for third-quarter profit on Thursday on the back of robust trading volumes and demand for investment …
Inter IKEA posts 45% profit fall on costs, Russia
STOCKHOLM (Reuters) – IKEA franchiser Inter IKEA posted a 45% fall in pre-tax profit for the year through August to 931 million euros ($908 million) …
BNP Paribas profit tops forecast despite higher costs, debt markdown
PARIS (Reuters) – BNP Paribas, the euro zone’s biggest lender, posted a higher than expected net profit in the third quarter, with trading revenues helping …
Nutrien cuts 2022 profit forecast again on lower potash prices
By Ruhi Soni (Reuters) -Nutrien Ltd on Wednesday cut its full-year adjusted earnings forecast for the second time this year as potash prices decline, sending …
MetLife third-quarter profit more than halves on lower investment returns
(Reuters) – MetLife Inc on Wednesday reported a 53% drop in third-quarter profit as economic pressures and a global market rout led to weaker returns …
Nutrien third-quarter profit more than doubles
(Reuters) – Top fertilizer maker Nutrien Ltd said on Wednesday its third-quarter profit more than doubled, helped by demand for its plant nutrients from farmers …
Portugal’s airline TAP turns to rare profit as revenues soar
LISBON (Reuters) – Portuguese airline TAP posted a rare net profit in the third quarter on Wednesday on strong revenue and helped by currency hedging, …
Novo Nordisk sees faster profit growth on demand for diabetes drug Ozempic
By Ludwig Burger (Reuters) – Danish drugmaker Novo Nordisk raised its full-year earnings outlook on strong sales of diabetes treatment Ozempic, also reporting a better-than-expected …
Bentley’s profit gets a lift from niche, personalised cars
By Nick Carey LONDON (Reuters) – Luxury British carmaker Bentley said on Wednesday that its operating profit for the first nine months of 2022 more …
Prudential Financial third-quarter profit falls as market rout hits AUM
(Reuters) – Prudential Financial Inc on Tuesday reported a fall in quarterly adjusted profit as the insurer’s assets under management (AUM) came under pressure from …
Insurer AIG profit slumps on hurricane costs, lower investment returns
(Reuters) – Insurer American International Group Inc on Tuesday reported a more than 39% decline in quarterly profit as investment income fell by more than …
Refiner Phillips 66 quarterly profit jumps on strong fuel demand
(Reuters) – Phillips 66 reported a jump in quarterly profit on Tuesday, as the refiner benefited from surging fuel demand and tight energy supplies. The …
Japan carrier ANA Holdings posts half-year profit, raises full-year target
TOKYO (Reuters) -Japan’s largest airline ANA Holdings Inc on Monday swung to a half-year profit and raised its full-year earnings target as a relaxation of …
Imperial Oil raises dividend after quarterly profit more than doubles
By Nia Williams and Sourasis Bose (Reuters) -Canada’s Imperial Oil Ltd reported a jump in third-quarter profit and raised its dividend on Friday, boosted by …
BYD posts 350% jump in Q3 net profit on sales surge
SHANGHAI (Reuters) -China’s biggest electric vehicle (EV) maker BYD said its third-quarter net profit jumped 350% from a year ago, helped by a wider range …
Glencore set for record 2022 trading profit despite second-half fall
LONDON (Reuters) – Glencore expects second-half operating profit at its trading arm to fall sharply from the previous six months to $1.6 billion, it said …
Three of China’s largest lenders report over 6% rise in third quarter profit
BEIJING (Reuters) – Three of China’s largest lenders posted third quarter profit rises of over 6% as non-performing loan ratios shrunk. Industrial and Commercial Bank …
Caixabank’s Q3 net profit rises 19% on lending and insurance
MADRID (Reuters) – Spain’s Caixabank on Friday said that its net profit in the third quarter rose 18.8% against a year ago thanks to an …
Mexico’s Televisa posts 47% jump in Q3 net profit
(Reuters) – Grupo Televisa, Mexico’s largest broadcaster, on Thursday said its third-quarter net profit jumped 47% from a year earlier, boosted by lower financial expenses. …
Mexico’s Alsea posts 83% jump in Q3 net profit
MEXICO CITY (Reuters) – Mexican restaurant operator Alsea reported on Thursday a 83% jump in its third-quarter net profit, hitting 316.7 million pesos ($15.7 million), …
Mexico’s Cemex posts third-quarter profit after raising prices
By Kylie Madry and Noe Torres MEXICO CITY (Reuters) -Mexican cement producer Cemex posted a profit for the third quarter Thursday on higher prices, though …
Exchange operator CME tops profit views as trading volumes surge
(Reuters) – Futures exchange operator CME Group Inc reported third-quarter profits that beat expectations as volatility in the global markets amid high inflation, aggressive rate …
Hilton raises annual forecast as profit jumps on strong travel demand
(Reuters) – Hilton Worldwide Holdings Inc on Wednesday raised its annual profit forecast after reporting a spike in third-quarter earnings as consumers eager to travel …
Mexico’s TV Azteca Q3 net profit falls 96% on higher taxes and expenses
MEXICO CITY (Reuters) – Mexico’s TV Azteca posted a 96% annual fall in its third-quarter net profit on Tuesday, hurt largely by higher income taxes, …
ADM’s profit doubles on high global grain demand
(Reuters) -Grain merchant Archer-Daniels-Midland Co on Tuesday reported a 96% rise in its third-quarter profit, bolstered by high demand and tight global grain supplies. Global …
S.Korea’s POSCO Holdings sees steel demand remaining weak; Q3 profit tumbles
By Joyce Lee and Heekyong Yang SEOUL (Reuters) -South Korea’s POSCO Holdings on Monday forecast weak steel demand would persist into the first half of …
Profit Cookers Guarantees 30% Profit to Restaurants
Virtual Restaurant Brand Company Offers Guarantee to Fulfillment Partners Naples, FL (-) Virtual restaurant brands have gained exponential traction and reach since the outset of …
Singapore’s quirky car market offers rare profit for some as prices soar
By Chen Lin SINGAPORE (Reuters) – Almost everywhere in the world a new car begins to lose value as soon as it leaves the showroom, …
Choppy markets likely to boost profit for U.S. exchange operators
By Manya Saini (Reuters) – Heightened market volatility could prove to be a boon for U.S. exchange operators as higher trading volumes during their third …
Uniqlo owner set for record annual profit, but all eyes on China showing
By Rocky Swift TOKYO (Reuters) – Japan’s Fast Retailing Co, owner of clothing brand Uniqlo, is expected to post a record annual profit on Thursday …
Robert Walters reports higher quarterly profit
(Reuters) – British recruitment firm Robert Walters on Tuesday reported a jump in its quarterly gross profit, supported by robust hiring as competition heats up …
Deutsche Post to hike FY guidance after Q3 profit rise
BERLIN (Reuters) – German logistics company Deutsche Post will hike its full-year guidance when it reports third-quarter financial results on Nov. 8, it said on …
UK’s Co-op expects inflationary pressures to continue, interim profit slumps
(Reuters) – Britain’s Co-operative Group reported a sharp drop in its interim profit on Thursday, as the supermarkets-to-funerals provider continued to face supply chain snags, …
Jefferies beats quarterly profit estimates on lift from merchant banking
(Reuters) – Jefferies Financial Group Inc on Wednesday beat analysts’ estimates for third-quarter profit as robust performance in its merchant banking unit helped cushion the …
U.S. Attorney Urges the Public to Report Suspected Hurricane Fiona Relief Fraud and Cautions Those Who Would Seek to Illegally Profit from this Disaster
SAN JUAN, Puerto Rico – United States Attorney W. Stephen Muldrow of the District of Puerto Rico today urged the public to report suspected fraud …
All IAG’s airlines to post profit this year, CEO Gallego says
MADRID (Reuters) – All the airlines owned by International Airlines Consolidated Group will end this year with a profit, CEO Luis Gallego said on Wednesday. …
Column-U.S. corporate profit boom reveals more about inflation threat than wages: McGeever
By Jamie McGeever ORLANDO, Fla. (Reuters) – While the Federal Reserve and other central banks obsess over avoiding a 1970s style ‘wage-price’ spiral, U.S. GDP …
Chile’s Falabella reports 51.7% decrease in Q2 net profit
SANTIAGO (Reuters) -Chilean retailer Falabella on Tuesday reported a 51.7% year-on-year drop in its second quarter net profit, hit by increased costs. The company’s profit …
Gazprom says H1 net profit $41.8 billion, will pay dividends
MOSCOW (Reuters) -Russian gas giant Gazprom made a record 2.5 trillion roubles ($41.75 billion) in net profit in the first half of 2022 and its …