Deutsche Bank shares surge 7% after net profit beats expectations

Deutsche Bank shares popped on Wednesday, after the lender slightly beat expectations with its thirteenth straight profitable quarter and said it would increase and accelerate shareholder pay-outs.Third-quarter net profit was 1.031 billion euros ($1.06 billion), above an analyst consensus of quarterly net profit attributable to shareholders of 997 million...

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Snap earnings Q3 2023

Co-founder and CEO of Snap Inc. Evan Spiegel attends the Viva Technology conference dedicated to innovation and startups, at the Porte de Versailles exhibition center in Paris on June 17, 2022.Benoit Tessier | ReutersSnap shares initially soared as much as 20% in after-hours trading as the company beat on...

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Microsoft (MSFT) Q1 earnings report 2024

Satya Nadella, chief executive officer of Microsoft Corp., arrives to federal court in Washington on Oct. 2, 2023.Nathan Howard | Bloomberg | Getty ImagesMicrosoft will disclose its fiscal first-quarter results after U.S. market close on Tuesday.Here's what analysts are looking for:Earnings: $2.65 per share as expected by analysts, according...

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Alphabet (GOOGL) earnings Q3 2023

An illuminated Google logo is seen inside an office building in Zurich, Switzerland.Arnd Wiegmann | ReutersAlphabet is set to report third-quarter earnings after the bell Tuesday.Here's what Wall Street is expecting, based on a survey of analysts by LSEG, formerly known as Refinitiv:Earnings per share: $1.45Revenue: $75.97 billionHere are...

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Coca-Cola (KO) Q3 2023 earnings

A Coca-Cola truck in New York City.Alexi Rosenfeld | Getty ImagesCoca-Cola is expected to report its third-quarter earnings before the bell Tuesday.Here's what Wall Street analysts surveyed by LSEG, formerly known as Refinitiv, are expecting:Earnings per share: 69 centsRevenue: $11.44 billionThe beverage giant's stock has fallen 15% this year,...

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UniCredit beats third-quarter profit estimates, keeps 2023 outlook

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 ImagesItaly's UniCredit on Tuesday beat...

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Norway’s sovereign wealth fund loses $34 billion in the third quarter

The Norges Bank, Norway's central bank, in Oslo, Norway, on Tuesday, Oct. 17, 2023.Bloomberg | Bloomberg | Getty ImagesNorway's $1.4 trillion sovereign wealth fund, the world's largest, on Tuesday reported losses of 2.1% in the third quarter, as all asset classes fell in value.The so-called Government Pension Fund Global...

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Barclays down 6.5% after warning of fourth-quarter cost-cutting charges

LONDON — Barclays shares retreated on Tuesday as investors assessed the prospect of cost-cutting charges, pressure on domestic interest margins and weak performance in formerly strong divisions.The bank reported a net profit of £1.27 billion ($1.56 billion) for the third quarter, slightly ahead of expectations as strong results in...

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Philips raises full-year outlook as third-quarter profit jumps

Philips office building in Warsaw, Poland on July 29, 2021.Nurphoto | Nurphoto | Getty ImagesDutch health technology company Philips on Monday raised its full-year outlook as it beat analysts' expectations for third-quarter core profit and comparable sales.Core profit more than doubled to 457 million euros ($483.3 million), while comparable...

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