profit

Santander profit beats forecasts on strong UK, U.S. performance

Spain's Santander (SAN.MC) beat forecasts with a 35% jump in second-quarter underlying profit on the back of lower loan loss…

4 years ago

China’s industrial profit growth slows in June on high raw material prices

Profit growth at China's industrial firms slowed for the fourth straight month in June, as high raw material prices weighed…

4 years ago

JPMorgan’s profit more than doubles despite trading slump

JPMorgan Chase & Co (JPM.N) reported a 155% jump in profit on Tuesday, getting a boost from the release of…

4 years ago

Smithfield Foods to pay $83 mln to settle pork price-fixing claims

Smithfield Foods Inc (SFII.UL) said on Wednesday it will pay $83 million to settle litigation that accused several companies of…

4 years ago

Soaring costs challenge Canadian retailers counting on post-COVID surge

Canadian retailers are readying for a post-pandemic rebound as consumers emerge from lockdowns and open their wallets, but higher costs…

4 years ago

Ford sees better-than-expected quarterly profit on higher vehicle prices

Ford Motor Co (F.N) said on Thursday its second-quarter operating profit will exceed expectations due to lower costs and rising…

4 years ago

Bank of Canada seeing signs of cooling in hot housing market

OTTAWA, June 16 (Reuters) - The Bank of Canada is starting to see signs that the country's red hot housing…

4 years ago

NBCUniversal CEO says Tokyo Olympics could be most profitable ever for company

NBCUniversal Chief Executive Jeff Shell said on Monday that the upcoming Tokyo Games could be the most profitable Olympics in…

4 years ago

GameStop falls 27% on potential share sale, other ‘meme stocks’ falter

Shares of GameStop Corp (GME.N) lost more than a quarter of their value on Thursday and other so-called meme stocks…

4 years ago

Inditex ignited by post-lockdown clothing binge

Spanish fast fashion giant Inditex (ITX.MC) said sales in May and so far in June were twice as high as…

4 years ago