Swiss giant UBS posts $770 million in net profit, launches $1 billion share buyback in first half
Swiss giant UBS posts $770 million in net profit, launches $1 billion share buyback in first half
04Feb
31Jan
Commerzbank touts record profit, launches buyback as it wards off UniCredit
A "mild recession" is on the cards, according to Commerzbank CEO Manfred Knof.Picture Alliance | Picture Alliance | Getty ImagesCommerzbank on Friday unexpectedly released quarterly results, touting "record" annual profit and announcing a new share buyback scheme.The bank said it achieved a 20% increase in net profit to 2.68...
30Jan
Profit falls and cost target scrapped
Deutsche Bank offices in the City of London on July 2, 2024, in London, U.K. Mike Kemp | In Pictures | Getty ImagesGermany's largest lender Deutsche Bank on Thursday reported weaker-than-expected profit that fell sharply in the last three months of 2024, as legal provisions weighed on the bottom line.Net...
15Nov
Alibaba (BABA) Q2:
Alibaba Offices In BeijingBloomberg | Bloomberg | Getty ImagesChinese e-commerce behemoth Alibaba on Friday beat profit expectations in its September quarter, but sales fell short as sluggishness in the world's second-largest economy hit consumer spending.Alibaba said net income rose 58% year-on-year to 43.9 billion Chinese yuan ($6.07 billion) in...
12Nov
SoftBank earnings Q2 2024
The SoftBank Corp. logo displayed on a glass door of the company's store in Tokyo, Japan, on Wednesday, May 8, 2024. SoftBank Group Corp. is scheduled to announce its earnings figures on May 13. Photographer: Toru Hanai/Bloomberg via Getty ImagesToru Hanai | Bloomberg | Getty ImagesJapanese giant SoftBank logged...
30Oct
UBS earnings Q3 2024
Signage at the UBS flagship office in New York, US, on Tuesday, March 21, 2023.Bloomberg | Bloomberg | Getty ImagesSwiss banking titan UBS on Wednesday posted a large profit beat, after completing its first wave of client migrations following its integration of collapsed domestic rival Credit Suisse.Net profit attributable...
25Oct
Russia’s central bank raises key rate to 21% to rein in inflation
09 June 2024, Russia, Moskau: A guardhouse of the Kremlin (l) and the Foreign Ministry (M, background) stand in the center of the capital. Photo: Ulf Mauder/dpa (Photo by Ulf Mauder/picture alliance via Getty Images)Picture Alliance | Picture Alliance | Getty ImagesRussia's central bank on Friday raised its key...
23Oct
Deutsche Bank (DBK) Q3 earnings
A sign for Deutsche Bank AG at a bank branch in the financial district of Frankfurt, Germany, on Thursday, Feb. 2, 2023. Bloomberg | Bloomberg | Getty ImagesDeutsche Bank on Wednesday beat expectations in its return to profit in the three months to September, after snapping its 15-quarter profit streak...
17Oct
Profit beats expectations as AI boom drives 54% hike
An image of a semiconductor wafer at the Taiwan Semiconductor Manufacturing Museum of Innovation in Hsinchu, Taiwan, on Jan. 11, 2022.I-Hwa Cheng | Bloomberg | Getty ImagesTaiwan Semiconductor Manufacturing Company on Thursday reported a 54% hike in net profit, as global chipmakers continue to benefit from demand boosted by...
15Oct
Ericsson shares jump 7% on third-quarter beat, growth in North America
Shares of Swedish telecom firm Ericsson jumped amid third-quarter core earnings that surpassed analyst expectations and growth in North American demand.The company's stock had edged up near 9% at 8:28 a.m. London time, before lightly paring gains to 7.6% at 9:52 a.m.Ericsson on Tuesday declared adjusted third-quarter earnings, excluding...