Indian Shares End Lower, Tracking Asian Markets
Bajaj Finserv and Bajaj Finance fell 2.3% and 3.5%, respectively, leading losses. State Bank of India lost 1.1% after its third-quarter net profit declined 29% on year. Axis Bank lost 0.6% and ICICI Bank was down 0.1%. Bharti AirTel closed 3.2% lower after its third-quarter net profit missed…#bajajfinserv #statebankofindia #axisbank #icicibank #bhartiairtel (Source: Reuters: Health)
Source: Reuters: Health - February 5, 2024 Category: Consumer Health News Source Type: news
Tether Smashes Profit Records: $2.85 Billion Surge in Q4 2023
Stablecoin issuer Tether experienced a “record-breaking” net profit surge, amounting to $2.85 billion in the fourth quarter of 2023. Around $1 billion of this profit stemmed from net operating gains, largely derived from interests in the US Treasury, with the remainder mainly coming from the…#stablecoin #tether #ustreasury #bdoitaly #usdt #ustreasuries #reverserepo #paoloardoino #tethersq4 #bitcoin (Source: Reuters: Health)
Source: Reuters: Health - February 3, 2024 Category: Consumer Health News Source Type: news
Exxon overcomes hefty charge and falling crude prices in fourth quarter to top profit expectations
Exxon Mobil’s fourth-quarter revenue and profits declined as the oil giant was weighed down by a hefty impairment charge tied to regulatory issues in California File - A sign marks the entrance to an ExxonMobil fuel storage and distribution facility in Irving, Texas, Jan. 25, 2023. Exxon Mobil…#exxonmobils #exxonmobil #irving #apphotolmoterofile #exxon #denburyresources #pioneer #chevron #hesscorp #sanramon (Source: Reuters: Health)
Source: Reuters: Health - February 2, 2024 Category: Consumer Health News Source Type: news
Stocks making the biggest premarket moves: Meta, Amazon, Bristol-Myers Squibb, Chevron and more
Check out the companies making the biggest moves in premarket trading. Meta — Shares soared 17% after the tech giant reported profits that tripled in the fourth quarter and issued its first-ever dividend payout. Earnings per share came in at $5.33, topping the $4.96 expected from analysts polled…#refinitiv #amazon #bristolmyerssquibb #chevron #deckersoutdoor #exxonmobil #apple #clorox #microchiptechnology #cigna (Source: Reuters: Health)
Source: Reuters: Health - February 2, 2024 Category: Consumer Health News Source Type: news
AbbVie Lifts Long-Term Outlook For New Immunology Drugs, Even As Q4 Revenue and Profit Fall
Friday, AbbVie Inc ABBV reported fourth-quarter adjusted EPS of $2.79, down 22.5% Y/Y, beating the consensus of $2.77. Fourth-quarter net revenues reached $14.301 billion, down 5.4% Y/Y, beating the consensus of $14.02 billion. The immunology portfolio generated $6.95 billion in sales, down 12.3%.…#abbvieincabbv #eps #humira #rinvoq #imbruvica #venclexta #abbvie #immunogenincimgn #neuroscience #botoxtherapeutic (Source: Reuters: Health)
Source: Reuters: Health - February 2, 2024 Category: Consumer Health News Source Type: news
Exxon Mobil ’s stock gains as profit beat views, offsetting a big revenue miss
Shares of Exxon Mobil Corp. gained Friday, after the oil and gas giant reported fourth-quarter profit that dropped but beat expectations, offsetting revenue that fell well short of forecasts. The company said it returned a “peer-leading” $32.4 billion to shareholders in 2023, including $14.9…#exxonmobilcorp #exxon #jefferies #lloydbyrne #guyana #pipersandler #permian #pioneer #mobillithium #exxonmobils (Source: Reuters: Health)
Source: Reuters: Health - February 2, 2024 Category: Consumer Health News Source Type: news
Meta Profits Skyrocket, Gives Back To Investors In First Dividend
Meta reported fourth-quarter revenue of $40.1 billion on Thursday, sending the company's stock soaring after hours. The company announced its first dividend distribution in its history. The report comes as Meta seeks to integrate artificial intelligence (AI) tools into its core products. In a…#meta #markzuckerberg #cfo #susanli #facebookinstagram #whatsapp (Source: Reuters: Health)
Source: Reuters: Health - February 2, 2024 Category: Consumer Health News Source Type: news
Charter Stock Plunges After Quarterly Earnings Miss, Surprising Broadband Losses
Shares in Charter Communications dropped 13% Friday morning after the company reported disappointing fourth-quarter earnings and a surprising loss of broadband subscribers. Charter said it lost 61,000 internet customers in the quarter ending December 31, compared with Wall Street analysts’…#comcast #broadband #chriswinfrey #disney (Source: Reuters: Health)
Source: Reuters: Health - February 2, 2024 Category: Consumer Health News Source Type: news
Cigna Reports $1 Billion Profit Ahead Of Insurer ’s Shift From Medicare
The Cigna Group reported a $1 billion profit in the fourth quarter on solid growth of its health insurance plans and Evernorth health services. (Source: Forbes.com Healthcare News)
Source: Forbes.com Healthcare News - February 2, 2024 Category: Pharmaceuticals Authors: Bruce Japsen, Senior Contributor Tags: Healthcare /healthcare Innovation /innovation business pharma standard Source Type: news
Danske Bank Plans Buyback, Sees Flat Profits
Danske Bank launched a new $800 million share buyback after it reported in-line fourth-quarter earnings, but forecast flat profit growth in 2024.#danskebank (Source: Reuters: Health)
Source: Reuters: Health - February 2, 2024 Category: Consumer Health News Source Type: news
Amazon is more profitable than ever after a year of mass layoffs
Amazon recorded its highest operating profit in its history in the holiday quarter of 2023, buoyed by revenue growth across all its major business lines and a year of heavy cost-cutting under the direction of CEO Andy Jassy. The company announced on Thursday that its operating income – or profit…#amazon #andyjassy #jeffbezos #brianolsavsky #amazonwebservices #aws #jasondelrey #signal #linkedin #fortunecom (Source: Reuters: Health)
Source: Reuters: Health - February 2, 2024 Category: Consumer Health News Source Type: news
Panasonic's battery unit maintains annual profit forecast at $785 million
Japan's Panasonic Holdings kept the operating profit forecast for its battery-making energy unit on Friday and reported a rise in third-quarter operating profit for the segment, helped by stronger sales in North America. The unit, which makes batteries for Tesla and other automakers, maintained…#panasonicholdings #tesla (Source: Reuters: Health)
Source: Reuters: Health - February 2, 2024 Category: Consumer Health News Source Type: news
Apple iPhone target is billions short of Wall Street's as China sales lag
Apple on Thursday forecast a drop in iPhone sales and targeted overall revenue $6 billion below Wall Street expectations as its China business took a hit. This overshadowed overall fiscal first-quarter sales and profit that beat analysts' targets, powered by iPhone growth, sending Apple shares…#apple #iphone #huawei #timcook #nabilapopal #iphones #maestri #benbajarin #strategies #amazoncom (Source: Reuters: Health)
Source: Reuters: Health - February 2, 2024 Category: Consumer Health News Source Type: news
Zuckerberg wins on Wall Street after Washington hit
The social media firm updated investors with a slew of good news: quarterly profits that tripled year-on-year to more than $14bn (£11bn), a surge in users, lower costs and higher ad sales. The company, owner of Facebook, Instagram and WhatsApp, also pledged to keep the money flowing, saying it was…#facebookinstagram #whatsapp #mrzuckerberg #meta (Source: Reuters: Health)
Source: Reuters: Health - February 1, 2024 Category: Consumer Health News Source Type: news
Meta ’s Reality Labs reports revenue of $1B, losses of $4.6B
Meta’s metaverse division is still raking in losses but managed to impress with revenue last quarter. Reality Labs, the company’s metaverse-focused team, notched losses of roughly $4.6 billion, though the unit took in revenue of over $1 billion. To put that figure into perspective, Reality Labs…#meta #realitylabs #markzuckerberg #vitalik (Source: Reuters: Health)
Source: Reuters: Health - February 1, 2024 Category: Consumer Health News Source Type: news
