Tag: Earnings
Credit Suisse foresees $4.7B charge over hedge fund default
<p>GENEVA — Swiss bank Credit Suisse on Tuesday announced the departure of two top executives and said it expects a one-time charge of 4.4...
H&M swings to loss, affirms commitment to China market
STOCKHOLM — Low-cost fashion brand Hennes & Mauritz AB on Wednesday reported an expected loss in the first quarter. Meanwhile, the pandemic-hit Swedish company...
H&M swings to loss, affirms commitment to China market
<p>STOCKHOLM — Low-cost fashion brand Hennes & Mauritz AB on Wednesday reported an expected loss in the first quarter. Meanwhile, the pandemic-hit Swedish company...
GameStop’s 4Q earnings, sales fall short of Street’s views
A hefty tax benefit helped drive GameStop’s fiscal fourth-quarter profit sharply higher, but the video-game retailer’s sales declined despite a surge in its online...
Port operator DP World sees 2020 profits drop 29% amid virus
<p>DUBAI, United Arab Emirates — Dubai-based port operator DP World announced Thursday its profits slid 29% in 2020 from the previous year to $846...
FedEx’s profit nearly triples as online shopping grows
<p>NEW YORK — FedEx said Thursday that its profit nearly tripled in its most recent quarter, despite winter weather that hobbled some of its...
Port operator DP World sees 2020 profits drop 29% amid virus
DUBAI, United Arab Emirates — Dubai-based port operator DP World announced Thursday its profits slid 29% in 2020 from the previous year to $846...
FedEx’s profit nearly triples as online shopping grows
NEW YORK — FedEx said Thursday that its profit nearly tripled in its most recent quarter, despite winter weather that hobbled some of its...
For the first time since COVID, profits are rising again
<p>NEW YORK — The freefall for corporate profits because of the pandemic is over, at least for now.</p>
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For the first time since COVID, profits are rising again
NEW YORK — The freefall for corporate profits because of the pandemic is over, at least for now.
...