UniCredit raises investor reward goal after profit tops forecast

The logo of Italian international banking group UniCredit stands on the facade of the group headquarters, located in the Porta Nuova district, as seen from the viewpoint of Palazzo Lombardia on September 29, 2023 in Milan, Italy.Emanuele Cremaschi | Getty Images News | Getty ImagesUniCredit raised its investor reward...

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Lucid posts quarterly revenue beat as luxury EV sedan price cuts boost sales

A Lucid showroom in New York City on Aug. 19, 2023.Adam Jeffery | CNBCLucid Group reported first-quarter revenue above analysts' estimates on Monday as price cuts helped the company deliver more luxury electric sedans in the first three months of 2024.Shares of the Newark, California-based firm fell about 3%...

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Earnings jump as investment banking beats rivals

Lionel Bonaventure | AFP | GettyImagesCredit Agricole, France's second-biggest listed bank, posted a forecast-beating 55% jump in first-quarter net profit on Friday, helped by corporate and investment banking sales that outperformed rivals.Net profit in the January to March period rose to 1.9 billion euros ($2.04 billion), above the 1.48...

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Societe Generale’s investment bank limits first-quarter profit plunge

French bank Societe Generale reported second quarter results for 2023.Chesnot | Getty Images News | Getty ImagesFrench bank Societe Generale reported a smaller-than-expected 22% slide in first-quarter net income on Friday, as profits on equity derivative sales offset more weakness at its retail bank and in fixed-income trading. France's...

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pretax profit up 5.5%, beats estimates

Standard Chartered posted on Thursday a 5.5% rise in its first-quarter pretax profit, beating estimates, as higher interest rates bolstered earnings at the emerging markets-focused lender.Bloomberg | Bloomberg | Getty ImagesStandard Chartered  posted on Thursday a 5.5% rise in its first-quarter pretax profit, beating estimates, as higher interest rates...

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PayPal (PYPL) Q1 earnings

A sign is posted outside of the PayPal headquarters in San Jose, California.Justin Sullivan | Getty ImagesPayPal raised its full-year adjusted profit forecast on Tuesday, as the payments giant benefited from robust consumer spending, while measures to cut costs improved operating margins in the first quarter.Shares of the company...

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Airbus misses on operating profit, raises A350 output goal

An Airbus A350-941 is undergoing a test flight at Toulouse Blagnac Airport in Toulouse, France, on December 8, 2023. Urbanandsport/ | Nurphoto | Getty ImagesAirbus posted weaker than expected first-quarter operating profit and cashflow after hiring more staff to prepare for rising aircraft demand, but reaffirmed its financial goals for...

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United Parcel Service (UPS) Q1 earnings

United Parcel Service's (UPS) newly launched electric delivery truck is seen in Compton, California, U.S., September 13, 2023. Lisa Baertlein | ReutersUnited Parcel Service reported a decline in first-quarter profit on Tuesday, as margins came under pressure from subdued demand for small-package delivery and higher costs tied to a new...

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Renault first-quarter sales rise 1.8%, helped by financing business

A Renault Scenic electric vehicle (EV) at the Munich Motor Show (IAA) in Munich, Germany, on Tuesday, Sept. 5, 2023.Bloomberg | Getty ImagesFrench car maker Renault said on Tuesday its first-quarter revenue grew 1.8%, with good performance in its financing business offsetting a drop in turnover in core automotive...

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