A Procter & Gamble (P&G) logo is seen during the 6th China International Import Expo (CIIE) at the National Exhibition and Convention Center (Shanghai) on November 7, 2023 in Shanghai, China.VCG | Getty ImagesProcter & Gamble on Tuesday reported mixed quarterly earnings and revenue for its fiscal second quarter of...
Rafael Henrique | Lightrocket | Getty ImagesEricsson said it expects further decline in 5G gear demand from mobile operators this year after beating fourth-quarter operating profit expectations on Tuesday helped by software sales.Telecoms equipment suppliers are expecting a challenging 2024 as 5G equipment sales - a key source of...
Jakub Porzycki | Nurphoto | Getty ImagesThe world's largest contract chipmaker Taiwan Semiconductor Manufacturing Company on Thursday posted better-than-expected profit and revenue on the back of weaker macroeconomic conditions.Here are TSMC's fourth-quarter results versus LSEG consensus estimates:Revenue: 625.53 billion New Taiwan dollars ($19.62 billion), vs. NT$618.31 billion expectedNet income: NT$238.71 billion, vs....
The Morgan Stanley headquarters is seen in New York City on Jan. 17, 2023.Michael M. Santiago | Getty ImagesMorgan Stanley reported fourth-quarter earnings before the bell Tuesday.Here's how the bank did compared with Wall Street expectations:Earnings per share: 85 cents, may not compare with $1.01 expected, according to LSEGRevenue:...
David Solomon, Chairman and CEO, Goldman Sachs, participates in a panel discussion during the annual Milken Institute Global Conference at The Beverly Hilton Hotel on April 29, 2019 in Beverly Hills, California.Michael Kovac | Getty Images Entertainment | Getty ImagesGoldman Sachs is scheduled to report fourth-quarter earnings before the...
Bank of America shares fell about 2% in premarket trading on Friday after the firm reported declining fourth-quarter earnings amid hefty one-time charges.Here's what the company reported compared with Wall Street expectations:Earnings per share: 70 cents adjusted vs. 68 cents per share expected, according to LSEG, formerly known as...
Jane Fraser, CEO of Citigroup, attends a hearing on Annual Oversight of Wall Street Firms before the Senate Committee on Banking, Housing, and Urban Affairs in Washington, D.C., the United States, on Dec. 6, 2023. Tom Williams | Cq-roll Call, Inc. | Getty ImagesCitigroup on Friday posted a $1.8 billion...
Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled Annual Oversight of Wall Street Firms, in the Hart Building on Dec. 6, 2023.Tom Williams | Cq-roll Call, Inc. | Getty ImagesJPMorgan Chase is scheduled to report fourth-quarter earnings before the...
Taiwan Semiconductor Manufacturing Company, Limited at Hsinchu Science Park.Annabelle Chih | Getty Images News | Getty ImagesTaiwan chipmaker TSMC reported a largely flat fourth-quarter revenue on Wednesday, but that still beat both the company's and market's expectations.The world's largest contract chipmaker, whose customers include Apple and Nvidia, has benefited from a boom in artificial intelligence applications...
A man walks near a Walgreens pharmacy on March 09, 2023 in New York City. Leonardo Munoz | Corbis News | Getty ImagesWalgreens reported fiscal first-quarter adjusted earnings and revenue that topped expectations on Thursday, but cut its quarterly dividend nearly in half. The retail pharmacy giant slashed its dividend to...