Japan's Honda reports its profit rose on the back of strong U.S. demand
Japanese automaker Honda's profit rose 3.5% in the October-December quarter from a year earlier on the back of solid demand in the U.S. and Europe and a recovery in its home market, the company said Thursday. Tokyo-based Honda Motor Corp's profit in the last quarter was 253.3 billion yen, or $1.7…#honda #tokyo #hondamotorcorp #brazil #fit #supercub #lasvegas #thailand #indonesia (Source: Reuters: Health)
Source: Reuters: Health - February 8, 2024 Category: Consumer Health News Source Type: news

SoftBank profits beat forecast by wide margin as tech investments pay off
Soaring value of Arm stake and T-Mobile share windfall help Japanese group break four-quarter streak of losses (Source: Reuters: Health)
Source: Reuters: Health - February 8, 2024 Category: Consumer Health News Source Type: news

Nissan Motor's Quarterly Net Profit Falls, Cut Sales Forecast
Nissan Motor cut its global sales forecast, projecting a decline in all major markets, after its third-quarter profit missed expectations.#nissanmotor (Source: Reuters: Health)
Source: Reuters: Health - February 8, 2024 Category: Consumer Health News Source Type: news

Wynn Resorts beats profit estimates on improved Las Vegas, Macau performance
Net income jumped to US$729.2 million, compared with US$32.4 million in the same quarter in 2022, which the company said was mainly because of increased operating revenues from its Macau and Las Vegas operations. The company posted adjusted profit of US$1.91 per share, exceeding analysts’…#macau #lasvegas #lsegdataanalytics #wynnresorts #wynnmacau #ebitdar #craigbillings #wynnpalacemacau #wynnpalace #hongkong (Source: Reuters: Health)
Source: Reuters: Health - February 8, 2024 Category: Consumer Health News Source Type: news

Unilever Operating Profit Rises, Plans Buyback
Unilever posted a better-than-expected operating profit for 2023, with underlying sales growth of 7%, and launched a buyback to start in the second quarter.#unilever (Source: Reuters: Health)
Source: Reuters: Health - February 8, 2024 Category: Consumer Health News Source Type: news

SoftBank posts first quarterly profit in over a year on bull market
TOKYO -- SoftBank Group on Thursday reported its first quarterly profit in more than a year thanks to a rise in the value of its tech investments. The Japanese investment company posted a net profit of 950 billion yen ($6.39 billion) for the October-December quarter compared, to a 783.4 billion…#tokyo #softbankgroup #softbank (Source: Reuters: Health)
Source: Reuters: Health - February 8, 2024 Category: Consumer Health News Source Type: news

Societe Generale posts sharp profit drop as net banking income slides
Societe Generale on Thursday reported a sharp decline in fourth-quarter net profit on the back of weaker net banking income, but launched a new 280 million euro ($302 million) share buyback program. The French lender posted a group net income of 430 million euros, slightly above a consensus…#societegenerale #socgen #slawomirkrupa #boursobank #ayvens #leaseplan (Source: Reuters: Health)
Source: Reuters: Health - February 8, 2024 Category: Consumer Health News Source Type: news

SoftBank reports Q3 net profit of $6.4B, after four quarters of losses, lifted by T-Mobile US shares windfall; the Vision Fund unit reported a ~$2.85B gain
(Source: Reuters: Health)
Source: Reuters: Health - February 8, 2024 Category: Consumer Health News Source Type: news

Credit Agricole Lifts Payout as Profit Tops Hopes
Credit Agricole increased its 2023 dividend by 24%, after its corporate and retail banking offset a revenue decline at its insurance business, and helping lift fourth-quarter net profit above forecasts.#creditagricole (Source: Reuters: Health)
Source: Reuters: Health - February 8, 2024 Category: Consumer Health News Source Type: news

Disney ’s stock pops on big earnings beat, dividend, lower streaming losses
Walt Disney Co.’s stock popped 7% higher in after-hours trading Wednesday on stronger-than-expected quarterly earnings, deeper cuts, and a massive reduction in its streaming-business losses. The company’s embattled board of directors approved a stock buyback of $3 billion — its first since 2018 —…#waltdisneycos #eps #epicgamesinc #disneydis #disney #waltdisneyco #bobiger #espn #iger #netflixincnflx (Source: Reuters: Health)
Source: Reuters: Health - February 8, 2024 Category: Consumer Health News Source Type: news

Bob Iger Strikes Back at Nelson Peltz and Activist Investors, Says They Don ’t Understand “Essence” of Disney
After Disney delivered strong quarterly earnings results, including cutting streaming losses and reaffirming a profitable streaming business this summer, CEO Bob Iger said the “last thing” the company needs is activist investors like Nelson Peltz interfering in the business. In an interview on…#disney #bobiger #nelsonpeltz #netflix #iger #trianpartners #michaelbgfroman #mariaelenalagomasino #disneycfojayrasulo #disneyboard (Source: Reuters: Health)
Source: Reuters: Health - February 7, 2024 Category: Consumer Health News Source Type: news

Why Ford can afford to lose billions on electric vehicles
Ford released its fourth-quarter financial results Tuesday evening. While the carmaker expects to make over $10 billion in profit this year, it also expects to lose about $5 billion on its push to make and sell more electric vehicles. But well into the earnings call, the company’s chief financial…#ford #f150 #stephaniebrinley #f150lightning #chrisdouglas #ethanelkind #centerforlawenergy (Source: Reuters: Health)
Source: Reuters: Health - February 7, 2024 Category: Consumer Health News Source Type: news

Oscar Health Reports $150M Loss But Promises ‘Profitability’ In 2024
Oscar Health Wednesday reported a $150 million quarterly loss as the provider of individual coverage under the Affordable Care Act works its way to profitability. (Source: Forbes.com Healthcare News)
Source: Forbes.com Healthcare News - February 7, 2024 Category: Pharmaceuticals Authors: Bruce Japsen, Senior Contributor Tags: Healthcare /healthcare Innovation /innovation business pharma standard Source Type: news

Ant Group Sees Quarterly Profit Plummet 92% Year-On-Year
The figures are for the quarter that saw Beijing fining the group $984 million for violating consumer protection and corporate governance laws China’s Ant Group saw an eye-watering 92% year-on-year profit drop for the three months to September 31 last year, it has emerged from newly released…#beijing #antgroup #alibabagroupholdings #fightsanctionsthe #jackma #alibaba #ant #antclosing #buydutchpaymentsfirm #chinaallowsantgroup (Source: Reuters: Health)
Source: Reuters: Health - February 7, 2024 Category: Consumer Health News Source Type: news

Brookfield Asset Management raises dividend, beats profits
Brookfield Asset Management Ltd. reported earnings that beat estimates and raised its quarterly dividend, as its results were boosted by strong fundraising and capital deployment. We apologize, but this video has failed to load. tap here to see other videos from our team. Try refreshing your…#brookfieldcorp #connorteskey #teskey #bruceflatt #anujranjan #cyrusmadon #worldpay #ronkalifa (Source: Reuters: Health)
Source: Reuters: Health - February 7, 2024 Category: Consumer Health News Source Type: news