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Profits

Page 3 of 8
Nintendo cuts sales forecast as Switch console ages without successor in sight
Finance
Nintendo cuts sales forecast as Switch console ages without successor in sight
By AFPNovember 5, 2024
Chipotle tried to beef up its portions—then it hurt profitability
Retail
Chipotle tried to beef up its portions—then it hurt profitability
By Marco Quiroz-GutierrezNovember 1, 2024
Microsoft CEO Satya Nadella stands in front of a screen that says "Age of AI"
Tech
Microsoft and Meta profits are soaring but their stocks are sagging because both companies aren’t building data centers fast enough
By Stan Choe and The Associated PressOctober 31, 2024
UBS outshines expectations with $1.4 billion in profit but says macroeconomic outlook appears ‘gloomy’ due to U.S. election and geopolitical conflict
Finance
UBS outshines expectations with $1.4 billion in profit but says macroeconomic outlook appears ‘gloomy’ due to U.S. election and geopolitical conflict
By AFPOctober 30, 2024
British pharma giant GSK reports a Q3 loss due to Zantac cancer lawsuits—but CEO Emma Walmsley remains optimistic on delivering 2024 guidance
Retail
British pharma giant GSK reports a Q3 loss due to Zantac cancer lawsuits—but CEO Emma Walmsley remains optimistic on delivering 2024 guidance
By AFPOctober 30, 2024
Germany’s biggest lender reports a 42% jump in quarterly profits after major restructuring takes effect
Finance
Germany’s biggest lender reports a 42% jump in quarterly profits after major restructuring takes effect
By AFPOctober 23, 2024
H&M blames missed profit targets on a gloomy summer and growing competition from rival Shein
Finance
H&M blames missed profit targets on a gloomy summer and growing competition from rival Shein
By Jonas Ekblom and BloombergSeptember 26, 2024
American companies in China report record-low profits
Finance
American companies in China report record-low profits
By The Associated PressSeptember 12, 2024
The CEO of German industrial conglomerate Siemens Roland Busch delivers a speech prior to the ceremony for the laying of the corner stone for "Siemensstadt Square", a new Siemens project in Berlin, on June 25, 2024. "Siemensstadt Square" is meant to become a sustainable place of the future on one million square meters, where new constructions complement the heritage-protected buildings, by adding spaces for production, research living and social infrastructure. (Photo by RALF HIRSCHBERGER / AFP) (Photo by RALF HIRSCHBERGER/AFP via Getty Images)
Finance
German giant Siemens beat profit estimates on the back of AI boom and demand for electrification
By AFPAugust 9, 2024
Lars Fruergaard Jorgensen, chief executive officer of Novo Nordisk, speaks during a Bloomberg Television interview in New York, US, on Wednesday, Aug. 10, 2022. Two more factories will begin producing Novo Nordisk A/S's obesity medication Wegovy next year after manufacturing issues and high demand left the drug in short supply, Jorgensen said. Photographer: Christopher Goodney/Bloomberg via Getty Images
Retail
Europe’s most valuable company Novo Nordisk reports an uptick in profits as demand for weight-loss drugs continues to grow
By AFPAugust 7, 2024
a person looking at a checked jacket at a store window
Retail
Can iconic coat maker Burberry ever recover from CEO departures, a stodgy turnaround plan, and a 64% share decline in a year?
By Prarthana PrakashJuly 15, 2024
A display of Omega SA watches in the window of a Watches of Switzerland Group Plc store on Regent Street in London, UK, on Wednesday, Aug. 30, 2023. One of Watches of Switzerland Group Plc's biggest investors cut its stake in the UK-listed timepiece retailer less than 24 hours after Rolex SA decided to buy a rival, Bucherer AG. Photographer: Jose Sarmento Matos/Bloomberg via Getty Images
Finance
Omega owner Swatch Group’s moment has passed as profits drop 70% in 6 months: ‘The big impact is really mainly China’
By Andy Hoffman and BloombergJuly 15, 2024
Mike Sievert, CEO of T-Mobile.
Leadership
T-Mobile’s CEO shares the management shift that vaulted the company from a $6B to $195B telecom giant
By Emma BurleighJune 21, 2024
Manfred Knof, chief executive officer of Commerzbank AG.
Finance
Commerzbank posts decade-high quarterly earnings on high interest and low bank levies, as it seeks to boost fee income
By Arno Schütze and BloombergMay 15, 2024
Luis Gallego, chief executive officer of International Airlines Group (IAG)
Finance
British Airways owner IAG predicts a summer travel boom as Q1 profits soar
By Charlotte Ryan and BloombergMay 10, 2024
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