NEWSREPORTASIA.COM: Breaking News, World News, US News 19:00 2019-08-07

SoftBank’s profit nearly quadruples on fund investments

TOKYO — Japanese technology company SoftBank Group Corp. reported Wednesday its fiscal first quarter profit nearly quadrupled to 1.122 trillion yen (...

SoftBank’s profit nearly quadruples on fund investments

Source: nypost.com

Swedish fund AP2 ditches tobacco and nuclear weapons investments Sweden's AP2, one of the country's five main national pension funds, will no longer invest in tobacco and nuclear weapons-linked stocks, in a move it said on Tuesday deepened its commitment to......
21:17 2019-06-04

Norway wealth fund to map phasing out of oil companies from investments: finance ministry Norway's $1 trillion sovereign wealth fund, the world's largest, must assess how the planned phase out of oil and gas exploration and production companies from its investments will be conducted, the f...
21:00 2019-06-29

Norway wealth fund should move more investments to North America, central bank says Norway's $1 trillion sovereign wealth fund, the world's largest, should shift billions in investments from European stock markets and instead invest more in the United States and other North American ...
14:00 2019-08-27

Want to Profit From a Trade War? There’s an Investment Fund for That There are funds on the market that could help you profit from American trade tensions with countries like China. But short-term bets are inherently risky....
14:34 2019-07-11

UPDATE 3-CVS Health raises 2019 profit forecast after beating profit estimates CVS Health Corp raised its full-year profit forecast and reported higher-than-expected second-quarter results on Wednesday, as increased U.S. prescription drug prices fueled rebates to its pharmacy be...
18:00 2019-08-07

CVS Health raises 2019 profit forecast after beating profit estimates CVS Health Corp raised its full-year profit forecast and reported higher-than-expected second-quarter results on Wednesday, as increased U.S. prescription drug prices fueled rebates to its pharmacy b...
01:00 2019-08-08

Peltz's Trian Fund may push for changes at mutual fund Legg Mason Nelson Peltzs' Trian Fund Management LP may push Legg Mason Inc. to implement changes to boost returns, a person familiar with the matter said on Tuesday, the second time in 10 years that Trian has......
16:17 2019-05-21

McConnell vows to fully fund 9/11 victim fund, wonders why Jon Stewart is 'all bent out of shape' Senate Majority Leader Mitch McConnell strongly pushed back Monday against Jon Stewart following the comedian's complaints that the senator has not dealt "compassionately" with the health problems 9/1...
23:17 2019-06-17

Gillibrand: GOP playing 'political games' after attempt to permanently fund 9/11 victims fund blocked Democrat Sen. Kirsten Gillibrand accused Republicans of playing “political games” after a GOP senator Wednesday blocked her effort to permanently fund the 9/11 victim compensation. Gillibrand (D-N.Y....
20:51 2019-07-17

Most SoftBank Vision Fund investors want to join the second fund, says CEO Masayoshi Son Most investors in SoftBank Group's $100 billion Vision Fund want to join the group's forthcoming second fund, founder and Chief Executive Masayoshi Son said on Wednesday, adding discussions ...
09:00 2019-06-19

Most SoftBank Vision Fund investors want to join second fund: CEO Son Most investors in SoftBank Group Corp's $100 billion Vision Fund want to join the group's forthcoming second fund, founder and Chief Executive Masayoshi Son said on Wednesday, adding discussions would...
06:01 2019-06-19

Investments in cleaner vehicles hit BMW profits BMW's second quarter earnings fell by a fifth, hit by exchange rate moves and investments in manufacturing electric and hybrid cars to help meet stricter emissions limits....
13:00 2019-08-01

3 sales tax issues that impact YOUR investments — and they’re serious By the end of 2019, 43 states will have completely changed the rules around collecting/remitting taxes for out-of-state sellers. Learn where the risks are.Read More...
03:17 2019-09-18

U.S.-China Investments Continue to Decline The flow of investment money between China and the U.S. continued to fall in the first half of 2019 as trade tensions took their toll, a new report says....
13:51 2019-08-01

Private equity investments not enough to help F+W Media Private equity backers spent close to $150 million to save struggling 106-year-old F+W Media — but as the company this week winds down its Chapter 11 bankruptcy, the bigmoney players have also emerged...
05:00 2019-07-24

Breaking down FCA's new investments, tax incentives in Mich. The deal entailed not only wooing the automaker with state tax incentives, but also the city of Detroit going to extraordinary lengths to assemble 215 acres of both private and publicly owned land — i...
14:51 2019-05-22

FCA's Detroit plans could spur more supplier investments Detroit Mayor Mike Duggan hinted the city was in talks with at least four logistics and supplier teams to expand in Detroit, promising an additional 1,000 to 2,000 jobs on top of the 4,950 promised by...
17:34 2019-05-26

11 vintage cars that make particularly good investments Rust/ullstein bild via Getty Images Cars tend to gradually lose their resale value over time. It is safe to say that most vehicles will be worth less money the older they get. But there are certain c...
23:00 2019-09-28

3 reasons why startup investments in Europe need a serious shake-up For the past twelve years, my work has been either to find startups to invest in, or find investment for startups that need funding. It has never been an easy game, no matter which side — the VC fund ...
19:34 2019-08-21

Brazil's Usiminas approves 1.38 bln reais in new investments The board of Brazilian steelmaker Usinas Siderurgicas de Minas Gerais SA has approved roughly 1.38 billion reais ($344 million) in new capital expenditures, it said on Monday....
17:34 2019-05-27

Oil, shares fall on potential limit on China investments Crude oil prices and a gauge of global equity markets fell on Friday after a report said the administration of U.S. President Donald Trump was weighing limits on the flow of U.S. portfolio investments...
19:34 2019-09-27

Putin courts investments in trip to Saudi Arabia The Russian president is in Saudi Arabia seeking to capitalize on his country's growing influence in the Middle East. Both parties stand to gain a lot....
00:17 2019-10-15

Ukraine ArcelorMittal promises investments after pollution charges ArcelorMittal's Ukrainian steel mill, charged with violating environmental standards, will invest $1.8 billion over the next five years to reduce air emissions by 50-55 percent, the company said on T...
16:00 2019-08-08

Kyle Bass says investments in Chinese firms are not safe Chinese companies do not deserve to be listed on U.S. stock exchanges if they don't adhere to the same standards as every American company, said Kyle Bass....
03:34 2019-10-01

Activision revenue beats estimates on higher investments Videogame maker Activision Blizzard Inc beat second-quarter revenue estimates on Thursday, benefiting from higher investments in its franchises to fend off competition from blockbuster games "Fortnite...
23:00 2019-08-08

Your technology investments may not deliver the productivity gains you expected Improving productivity has been core to the value proposition for technology investments, but trends in overall US productivity indicate that tech spending is not the same....
22:17 2019-05-28

Value investments are the cheapest in 30 years, but some market watchers say beware Value-oriented investments are at at the biggest discount ever, according to J.P. Morgan, but some market watchers aren't convinced they're buys....
13:51 2019-06-10

University of California to dump fossil fuel investments “Our job is to make money for the University of California and we’re betting we can do that without fossil fuels investments,” said an opinion article in the Los Angeles Times written by two UC execut...
00:17 2019-09-19

Myopic stock markets deter green investments Companies remain torn between making socially responsible investments and meeting the short-term expectations of the stock market. But it's not all gloom and doom for green investors, especially in Eu...
01:17 2019-06-19

90 Day Fiancé: The Other Way Premieres With Shocking Secrets, Catfishing and Big Investments After years of chronicling what happens when foreigners move to the United States for love, TLC is flipping the script and showing what happens when Americans move abroad for love with 90 Day......
07:17 2019-06-04

Once-Unpopular Carbon Credits Emerge as One of the World's Best Investments The price of the carbon-emission credits, doled out in Europe to polluting power plants and steel mills to curtail the production of greenhouse gases, has soared more than fivefold over the past two y...
14:00 2019-08-11

Trump hails recent Japanese auto investments in the U.S. Although the president has labeled Japan's automakers a looming national security threat, he is now hailing them for their sizable spending on "magnificent plants" across the U.S....
09:17 2019-07-15

Airlines' technology investments pay off in customer satisfaction scores J.D. Power has good news and bad news when it comes to the payoff from airline customer satisfaction. IT investments in software, kiosks and reservation systems have paid off. In-flight services need ...
18:17 2019-05-30

Learn How Your Investments Might Perform Based on Your Ratio of Stocks to Bonds When markets get volatile, people start wondering whether they should sell their stocks or move more of their money into bonds. Before you make your next investment decision, it’s worth looking at how...
20:00 2019-09-03

Fintech company Plaid discloses investments from Visa, Mastercard Financial technology company Plaid Inc said on Monday that Visa Inc and Mastercard Inc were strategic investors in a $250 million round of Series C financing raised in December....
06:17 2019-09-17

Norway's KLP bans alcohol, gambling investments from pension funds KLP, Norway's largest pension fund, will no longer invest in gambling companies and alcohol makers, and recently sold stocks and bonds in such firms worth some $320 million, it said on Tuesday....
08:34 2019-05-28

Climate change can pose big risks to real estate investments Climate changes pose big risks to real estate investments. The good news for REIT investors is that environmental, social and corporate governance-focused products are growing at a rapid clip....
18:34 2019-05-28

A lack of innovation could be why investments in China's tech firms are plunging The value of venture capital investment in China fell 77% year-on-year in the second quarter. Investors say a lack of innovation is one major factor....
18:51 2019-07-15

Fidelity Investments wins court battle with IRS over coal tax credits Fidelity Investments on Wednesday won its court battle with the U.S. Internal Revenue Service over tax credits for the production of chemically treated coal....
08:34 2019-08-15

Industry Body For Lower Taxes To Incentivise Equity Investments Budget 2019 date: CII in a statement said that the tax rate on all corporate taxpayers should be reduced to 25 per cent unconditionally without any turnover criteria...
08:17 2019-06-28

UK’s National Trust to sell off fossil fuel investments worth £45m The National Trust, a UK conservation charity, will sell off its investments in fossil fuel companies including BP, Shell and Total over the next three years...
04:00 2019-07-04

Constricting investments into Chinese companies could hit the US as hard as it hits China Possible U.S. restrictions on investing in Chinese companies would not only have a limited effect on China — but it could also hurt the United States....
11:00 2019-09-30

Pala Investments boosts cash part of Cobalt 27 deal Cobalt 27 Capital on Tuesday said Pala Investments raised the cash portion of its deal to buy the Canadian cobalt miner, boosting overall transaction value to C$506.2 million ($382.79 million)....
20:34 2019-10-01

Jay Inslee's climate plan adds investments for rural U.S., farmers Democratic presidential candidate Jay Inslee expanded on his climate change plan Wednesday, outlining goals of cutting greenhouse gas emissions from agriculture and rewarding American farmers for gree...
01:34 2019-08-22

Climate change: Myopic stock markets deter green investments Companies remain torn between making socially responsible investments and meeting the short-term expectations of the stock market. But it's not all gloom and doom for green investors, especially in Eu...
14:00 2019-06-19

SoftBank raises $270 million via Seoul unit for early-stage investments SoftBank Group Corp said on Friday its Seoul-based venture capital unit focusing on early-stage investments has raised a 317 billion won ($270 million) fund....
11:17 2019-07-19

Poland eyes green energy investments in Western Balkans: minister Polish energy groups could invest in renewable power in Western Balkan countries that eye European Union membership, Jadwiga Emilewicz, minister for entrepreneurship and technology said....
20:51 2019-06-22

Workers want those hard-to-find socially responsible investments in their 401(k) plans: Survey A majority of workers want to put their money in socially conscious investments when saving for retirement. But many still do not have access to those kinds of investments....
15:34 2019-05-21

Rockets' Daryl Morey should resign to preserve the NBA’s revenue, investments and goodwill Doing business in China is different. We aren’t in America, and the NBA knows this, writes Stanley Chao, managing director for All In Consulting.       ...
01:51 2019-10-11

World's top three asset managers oversee $300bn fossil fuel investments Data reveals crucial role of BlackRock, State Street and Vanguard in climate crisisThe world’s three largest money managers have built a combined $300bn fossil fuel investment portfolio using money fr...
18:17 2019-10-12

Ontario's abrupt move to end beer sales contract threatens investments The Ontario government on Thursday passed legislation to end a contract with a beer retailer in Canada's most populous province calling it a monopoly, but business lobby groups say the abrupt cancella...
21:17 2019-06-06

Bank investments in technology not yet driving significant revenue growth: Accenture The $1 trillion invested by traditional banks globally over the past three years to improve their technology has not yet delivered the revenue growth that had been expected, according to an Accenture ...
16:00 2019-06-20

Ackman's Pershing Square exited ADP and United Tech investments: source William Ackman's Pershing Square Capital Management has sold its positions in Automatic Data Processing Inc and United Technologies Corp and built a new position in a company whose name has not been...
02:34 2019-08-06

National Trust vows to offload all investments in fossil fuel industry The National Trust is to sell all of its investments in the fossil fuel industry by 2022, saying oil and gas companies had not done enough in the shift to a low-carbon economy....
20:17 2019-07-04

UPDATE 1-Fidelity Investments wins court battle with IRS over coal tax credits Fidelity Investments on Wednesday won its court battle with the U.S. Internal Revenue Service over tax credits for the production of chemically treated coal....
00:34 2019-08-15

2 U.S. agencies vote to review Volcker Rule, which bars certain bank investments The U.S. agency that insures banks' cash reserves voted Tuesday to review an Obama-era rule enacted after the financial crisis to dissuade banking institutions from making risky investments that don't...
06:00 2019-08-21

Ukraine’s Former President Says He Discussed Investments With Trump’s Lawyer Rudy Giuliani (KYIV, Ukraine) — Ukraine’s former president said Wednesday he discussed investments with President Donald Trump’s attorney, Rudy Giuliani, in 2017, but that he never discussed Ukrai...
20:00 2019-10-02

Gillibrand Proposes Huge Investments in Maternal Health, Child Care and Education Senator Kirsten Gillibrand’s campaign introduced a plan that would help new families with everything from diapers and nursery beds to paid leave and prekindergarten....
14:51 2019-05-22

Superinvestor John Rogers Of Ariel Investments Lauds KKR's Looming PE Stock Shakeup The world has yet to see if private equity pioneer KKR attracts hordes of new investors in converting to a corporation. It may present a good summer investment opportunity as a new mega trend takes ho...
15:00 2019-05-21

Eliminating hepatitis calls for ‘bold political leadership, with investments to match,’ UN health chief says Calling for “bold political leadership” ahead of World Hepatitis Day, the UN World Health Organization (WHO) on Friday urged countries to take advantage of recent reductions in the costs of diagnosing...
17:51 2019-07-31

Kirsten Gillibrand Proposes Huge Investments in Maternal Health, Child Care and Education Ms. Gillibrand’s campaign introduced a plan that would help new families with everything from diapers and nursery beds to paid leave and prekindergarten....
19:17 2019-05-22

James Murdoch reportedly bought a stake in Vice, as his new company begins to make media investments Mike Windle/Getty Images for Vanity Fair Lupa Systems, the media holding company founded by James Murdoch, bought a minority share in Vice Media, according to the Financial Times. Murdoch launched Lu...
23:17 2019-10-10

Fixed-income investments like bonds aim for steady income, lower risk in your portfolio Many investors depend on fixed income as part of their strategy. These types of investments can generate payout of interest and return of principal.       ...
11:34 2019-06-17

US-China trade spat: China's Asian neighbors see record investments More and more companies are relocating their factories from China amid trade tensions between Washington and Beijing, a UN report shows. Is China's "world's factory" tag under threat as firms seek to ...
04:51 2019-06-13

Bats Welcomes New Issuer Franklin Templeton Investments to Bats ETF Marketplace KANSAS CITY and NEW YORK – May 1, 2017 – Bats, a CBOE Holdings, Inc. company, and a leading market for exchange-traded fund (ETF) trading globally, today welcomed Franklin Templeton Investments as a n...
10:01 2019-05-22

Here's how you can profit from the rise of the robots ROBO Global, the company behind one of the stock market's top robotics-focused exchange-traded funds, just launched a health-care fund to capitalize on a more specific trend in the space....
22:51 2019-07-14

What Does It Mean When Investors Say, 'Sell the Profit'? In Translation: The term refers to selling stocks in the anticipation that corporate earnings growth is about to slow. Some say it is especially relevant now....
05:00 2019-06-10

This Fund Is Riding Bitcoin to Top Bitcoin is booming again. One of the biggest beneficiaries is Grayscale Bitcoin Trust, a fund that provides everyday investors with access to the world’s most popular cryptocurrency....
19:00 2019-06-30

NYC’s rainy day fund could be in danger The city’s rainy day fund is at risk of drying up, fiscal watchdogs warned Wednesday. The budget surplus plummeted by $355 million over the past year from $4.221 billion to $4.576 billion, accor...
07:34 2019-08-08

Trump: ‘We’ll see what happens’ with 9/11 victims fund President Trump said he was “impressed” with Jon Stewart’s emotional testimony about continuing health care for 9/11 responders before a House panel but sidestepped a question whethe...
01:51 2019-06-24

Why SoftBank Needs a Second Vision Fund Softbank could use a second technology megafund following the success of its Vision Fund, which has added a powerful shot of growth to the company’s recent financial results....
16:34 2019-08-07

BYD profit triples as EV boom continues BYD sold 145,653 so-called new energy vehicles between January and June, up 95 percent from a year earlier. It also sold 82,419 gasoline models, down 45 percent....
17:34 2019-08-22

U.S. says $168 mln ITT for-profit student loans to be forgiven Former students at ITT Technical Institute will not have to pay $168 million they still owe on private loans from an affiliated lender to attend the now-defunct for-profit college, under a U.S. regula...
23:00 2019-06-14

Home Cooking for Profit? Sure, Just Not in New Jersey A nationwide boom in home-based food businesses has bypassed the Garden State, the only state that still bars such sales. But home bakers are fighting back....
19:00 2019-08-13

How to Profit in Space: A Visual Guide The cosmos, long ruled by governments, is now a playground for companies like SpaceX. Space is littered with satellites at different altitudes from the Earth, and more are coming, as falling costs hav...
21:34 2019-06-27

Samsung warns that its profit likely just fell 56% Samsung is warning investors that its second quarter profit likely plunged 56%, as the company continued to struggle with sluggish demand for memory chips and smartphones....
16:34 2019-07-05

Behind sales, a profit struggle at BMW, Mercedes BMW and Daimler find themselves in unfamiliar territory: trailing mass-market rivals in profitability. The two saw returns shrink in their normally lucrative second quarters....
20:00 2019-09-28

CEO of supplier SGL resigns after profit warning The German supplier to BMW and VW Group must rework its forecast for the next three years and said restructuring measures were being considered after factors, including the demand for carbon fiber, fa...
13:34 2019-08-16

Packers profit drops 98 percent to $724,000 GREEN BAY, Wis. — The Green Bay Packers reported a profit of just $724,000 in their latest fiscal year, which included their second straight season without a playoff appearance, a large contract exten...
16:51 2019-07-13

Walmart de Mexico reports 2nd qtr net profit up nearly 10% Walmart de Mexico, Mexico's largest retailer, on Thursday reported second quarter net profit of 8.75 billion pesos ($455.8 million), a jump of nearly 10% over the year-earlier period....
23:34 2019-07-18

Costs Weigh On Caterpillar's Profit Caterpillar reported lower sales in China and higher costs related to tariffs and labor, as the machinery giant steers through a tricky moment in the global economy....
15:51 2019-07-24

Visa third-quarter profit jumps 33% Visa Inc reported a 33% rise in quarterly profit on Tuesday, as a robust economy encouraged customers to spend more and boosted fees for the world's largest payment processor....
22:51 2019-07-23

Aldi to expand in UK despite profit loss German discounter Aldi says it plans to open more than 100 stores in the UK over the next two years. The news comes just months after rival company Lidl said it wants to step up its presence in London...
19:17 2019-09-16

Honeywell Posts Higher Profit Honeywell reported stronger demand and higher organic sales in its commercial aerospace, defense, process automation and business-technologies businesses....
16:00 2019-07-18

BlackRock second-quarter profit falls 6.5% BlackRock Inc, the world's largest asset manager, on Friday reported a 6.5% drop in second-quarter profit, as investment advisory and securities lending revenue fell and costs rose....
13:17 2019-07-19

GSK forecasts smaller hit to FY profit after Q2 beat GlaxoSmithKline Plc on Wednesday forecast a smaller-than estimated fall in full-year profit after the British drugmaker beat profit consensus for the second quarter due to demand for its fast-growing ...
14:17 2019-07-24

Jazz Jams for Justice and Profit Jazz at the Philharmonic, a groundbreaking concert held 75 years ago integrated audiences, popularized live recordings, and brought jazz appreciation into the mainstream....
11:34 2019-07-02

Woodford 'extremely sorry' for top fund suspension Neil Woodford has appeared in a video where he say he is "extremely sorry" that investors had to be blocked from withdrawing their cash from his top fund....
14:51 2019-06-05

PG&E in talks with lawmakers on $11 bln fund - Bloomberg Troubled power utility PG&E Corp has spoken to lawmakers for arranging an about $11 billion fund to settle claims related to wildfires, Bloomberg reported https://www.bloomberg.com/news/articles/2019-...
00:51 2019-06-06

Plumb Balanced Fund Is Beating The S&P 500 "We're not trying to duplicate the stock market. We're trying to make money for people," said Tom Plumb, manager of the Plumb Balanced Fund. The fund is the top fund in its Morningstar category for th...
15:00 2019-05-21

US prepares $1bn fund to replace Huawei ban kit The American government is proposing legislation that would provide rural mobile operators with access to up to $1 billion in public funding to replace infrastructure made by firms such as Huawei acro...
00:00 2019-09-26

Fund Manager Says Oil Is Going Higher, Buy Oil Drillers James Brilliant, chief investment officer at CM Advisors, thinks the oil market has been fundamentally misunderstood and that oil is going to $100. He expects the entire industry to benefit, but he es...
15:00 2019-05-21

Cboe Welcomes New ARK Fund to ETF Marketplace CHICAGO – December 5, 2017 – Cboe Global Markets, Inc. (Cboe: CBOE | Nasdaq: CBOE), one of the world’s largest exchange holding companies, today welcomed a new ARK fund to the Cboe ETF Marketplace....
00:51 2019-05-22

Does SoftBank Really Have $108 Billion for Its Vision Fund 2? SoftBank appeared to have pulled off a fundraising coup last month when it announced a technology investment fund with $108 billion in expected capital from the likes of Apple and Microsoft....
06:34 2019-08-07

Woodford fund goes into second month of suspension Fund manager Neil Woodford will keep his flagship £3.7bn fund frozen for at least another month, leaving thousands of investors without access to their money....
01:17 2019-07-02

Norway's wealth fund earned $28.5 bln in Q2 Norway's $1.1 trillion sovereign wealth fund, the world's largest, made a 3.0% return on investment in the second quarter, earning 256 billion Norwegian crowns ($28.5 billion), it said on Wednesday....
10:34 2019-08-21

NYC to become first city to directly fund abortions New York City could become the first city to set aside funds strictly for abortion, according to a councilmember who called the move a "beacon for the rest of the country."...
19:00 2019-06-18

3 times my emergency fund has saved me Without a healthy savings account, you effectively risk racking up costly debt the next time an unplanned expense comes your way.       ...
23:34 2019-06-08

How To Check Provident Fund (PF) Balance In an EPF account, the employee contributes 12 per cent of his or her salarytowards the account, and an equal amount is contributed by the employer, according to the EPF website - epfindia.gov.in....
21:34 2019-08-28

UPDATE 1-Walmart de Mexico 2nd qtr net profit jumps nearly 10% Walmart de Mexico, Mexico's largest retailer, reported a nearly 10% jump in second quarter net profit over a year-ago on Thursday, far outpacing analyst expectations....
23:34 2019-07-18

Samsung Q2 profit falls 56% from chip downturn Samsung is expecting operating profits of 6.5 trillion won for the second quarter, a drop of 56% from 14.87 trillion won a year ago caused by the downturn in its memory semiconductor business....
05:51 2019-07-05

Chevron profit rises 26.3% on higher output Chevron reported a 26.3% rise in quarterly profit, as higher production more than offset lower crude oil and natural gas prices and a rise in expenses....
18:34 2019-08-02

UPS profit rises as e-commerce shipping speeds up United Parcel Service Inc on Wednesday said demand for its Next Day Air and Ground services drove better-than-expected quarterly profit as large retailers rushed packages to online shoppers....
16:34 2019-07-24

Consumers Lift Profit at Bank of America U.S. consumers propelled Bank of America’s profit in the latest quarter, though the bank warned it could take a hit from any Federal Reserve rate cuts....
20:17 2019-07-17

Etisalat second-quarter profit remains steady at AED 2.2b The UAE-based telecom operator Etisalat’s net profit remained steady at AED 2.2b in the second quarter of this year compared to a year ago despite tough market conditions.Etisalat operates in 1...
13:00 2019-07-23

UBS posts surprise second quarter profit boost UBS on Tuesday beat forecasts with a $1.4 billion net profit for its second quarter of 2019, as gains in its advisory business softened an investment banking fall and boosted its Swiss retail and cor...
09:17 2019-07-23

Israel's Partner Communications Q1 profit falls 78% Partner Communications , Israel's second-largest mobile phone operator, reported a 78% drop in quarterly profit as it continues to invest heavily in the deployment of a fibre-optics network and its TV...
09:34 2019-05-30

Brazil's Braskem reports 76% drop in Q2 profit Braskem suffered a sharp fall in second-quarter net income due to slower demand in Europe and Mexico, and the freezing of funds to pay for environmental damages in Alagoas state....
05:34 2019-08-08

Samsung could be heading for a 50 percent profit drop Samsung's earnings guidance for the third quarter of 2019 shows that things haven't significantly improved for the tech giant over the past months. The Korean conglomerate expects another pr...
09:51 2019-10-08

Morgan Stanley Quarterly Profit Falls 10% Quarterly profit fell 10% at Morgan Stanley, the last of the big U.S. banks to report earnings in a mixed quarter where trading slowed and Main Street banks carried the day....
13:51 2019-07-18

Formula E Is Making A Profit And Attracting The Youths When Formula E burst onto the racing scene at its first-ever race in 2014, people were skeptical that the series would actually survive. Electric cars weren’t quite in vogue yet, and people wondered w...
16:00 2019-09-13

Lowe's Cuts Outlook as Profit Gets Squeezed Lowe’s outpaced rival Home Depot in sales growth for the first time since 2016, but margins fell more than expected and the home-improvement retailer trimmed its profit expectations for the year....
22:34 2019-05-22

Walgreens Profit Squeezed by Generic Drugs Walgreens Boots Alliance needs a new business model to offset thinning profits from the sale of generic drugs, which continue to drag down results, the drugstore chain’s CEO said....
20:17 2019-06-27

ITC June Quarter Profit Rises 13% To Rs 3,174 Crore For the quarter ended March 31, ITC had reported a net profit of Rs 3,481.90 crore. Its net profit in financial year 2018-19 rose 11.06 per cent to Rs 12,464.32 crore compared to the previous year....
16:51 2019-08-02

Slovenian banks Jan-May profit up 16.4%, bad loans fall Slovenian banks had a joint net profit of 268.3 million euros ($301.46 million)in the first five months of 2019 versus 230.5 million in the same period of last year, the Bank of Slovenia said in its ...
10:51 2019-07-18

Cloud growth fuels IBM profit beat International Business Machines Corp beat analysts' estimates for second-quarter profit on Wednesday, propped up by recurring growth in its high-margin cloud business....
02:00 2019-07-18

How much profit might MLB owners make by selling their teams? As rumors swirl about the potential sale of the Kansas City Royals, other MLB owners have built up hundreds of millions – even billions – in equity.       ...
10:00 2019-08-29

Tencent's Profit Rises 35% as New Games Hit Market The Chinese internet giant has been reviving its games business this year after a nine-month regulatory freeze on new-game approvals last year battered its business....
13:00 2019-08-14

Logitech first-quarter profit misses estimates Logitech International SA reported weaker-than-expected first-quarter earnings on Tuesday, and confirmed Nate Olmstead as its chief financial officer....
05:51 2019-07-23

Big broadcasters sue non-profit that streams TV channels for free The four major U.S. television networks on Wednesday sued a non-profit group backed by AT&T Inc that streams TV channels over the internet for free without permission....
22:00 2019-07-31

Man who lost family: Boeing put profit over safety A man whose family was killed in the crash of a Boeing 737 Max jet in Ethiopia accused the company of wrongful conduct, telling a U.S. House subcommittee Wednesday that "Boeing should not be allowed t...
20:17 2019-07-17

LG's Q2 profit drops due to low OLED and mobile sales LG's second quarter profit saw a 15.4% decline from lower TV profits and sales and losses from mobile, but overall sales increased 4.1% thanks to record sales from its home appliances business....
18:51 2019-07-31

Pearson warns on profit on weak U.S. trading British education company Pearson warned on Thursday its full year profit would be at the bottom of its guided range, blaming weaker than expected trading in its U.S. higher education courseware busin...
10:34 2019-09-26

Maxim turns a profit but revenue is still stumbling It was a case of good news and bad news at Maxim. The magazine of beer and babes turned a profit in 2018, its first since Sardar Biglari took over in 2014. But the mag has not turned the corner for go...
06:17 2019-05-22

Credit Suisse's Revamp Powers Profit Swiss lender Credit Suisse’s profit growth accelerated in the second quarter, bolstered by its global markets businesses and domestic operations despite a challenging environment for Europe’s banks....
18:00 2019-07-31

U.S. says $168 million ITT for-profit student loans to be forgiven Former students at ITT Technical Institute will not have to pay $168 million they still owe on private loans from an affiliated lender to attend the now-defunct for-profit college, under a U.S. regula...
01:34 2019-06-15

Reliance Jio Net Profit At Rs 891 Crore In June Quarter Earlier in the day, Reliance Jio pipped rival Bharti Airtel to become India's second-largest operator by subscribers as of May, government data showed...
16:34 2019-07-19

JPMorgan Chase Reports Rising Profit JPMorgan Chase posted higher-than-expected profit in the second quarter. The nation’s largest bank is the first of three major lenders to report results Tuesday....
13:51 2019-07-16

American Express Revenue, Profit Rise Revenue at American Express was lifted in the latest quarter by higher card-member spending, loans and card fees, though expenses from rewards programs also increased....
07:00 2019-07-20

‘The Profit’ says limits on US flag size unconstitutional A reality television star says in a court filing it’s unconstitutional for a North Carolina city to ban a huge American flag flying at his recreational vehicle store because of its size...
18:51 2019-06-06

UPDATE 1-U.S. says $168 mln ITT for-profit student loans to be forgiven Former students at ITT Technical Institute will not have to pay $168 million they still owe on private loans from an affiliated lender to attend the now-defunct for-profit college, under a U.S. regula...
00:01 2019-06-15

Scotiabank posts 1.4% rise in quarterly profit Bank of Nova Scotia, Canada's third-biggest lender, reported a 1.4% rise in adjusted second-quarter profit on Tuesday, due to higher interest income....
13:17 2019-05-28

BlackRock second-quarter profit misses estimates BlackRock Inc , the world's largest asset manager, missed analysts' estimates for quarterly profit on Friday, as investment advisory and securities lending revenue fell and costs rose....
13:34 2019-07-19

Why Africa’s Biggest Fund Manager Is Under Fire The Public Investment Corp. is the behemoth of Africa’s fund managers, overseeing $150 billion in pension assets for more than 1 million South African state workers. While the PIC, as it’s widely know...
12:17 2019-07-01

Jon Stewart lashes out at Congress over 9/11 victims fund Comedian Jon Stewart is scolding Congress for failing to ensure that a victims' compensation fund set up after the 9/11 attacks never runs out of money....
19:51 2019-06-11

UK cybersecurity firm Sophos bought for £3.1bn by US fund Cybersecurity firm Sophos is to be bought by US private equity firm Thoma Bravo for £3.1bn, becoming the latest UK tech firm to be bought out by an overseas investor....
17:17 2019-10-14

Australian business should cut less, grow more, fund manager says IFM Investors calls for focus on long-term revenue growth, and supports BHP’s pledge to curb carbon emissionsThe head of IFM Investors says the $140bn investment powerhouse will be pushing Australian ...
21:51 2019-07-31

Jon Stewart eviscerates US Congress over 9/11 first responder fund The comedian has delivered an emotional plea to US lawmakers on behalf of first responders running out of time and money. He attacked Congress for its hypocrisy and lack of shame....
00:34 2019-06-12

Brexit 'may bar UK scientists from €100bn EU research fund' Nobel prize winner warns UK science will suffer unless it can gain access to Horizon EuropeOne of Britain’s leading researchers has warned of a “major blow” to national science if ministers cannot sec...
09:17 2019-06-03

Steel pension fund in talks about £10.5bn buyout The trustees of the £10.5bn British Steel Pension Scheme (BSPS) are in secret talks to offload it two years after it was handed £550m to secure a rescue of the UK's biggest steel producer....
20:17 2019-06-29

Cboe Welcomes New Pacer Fund to ETF Marketplace CHICAGO – December 12, 2017 – Cboe Global Markets, Inc. (Cboe: CBOE | Nasdaq: CBOE), one of the world’s largest exchange holding companies, today welcomed a new Pacer fund to the Cboe ETF Market...
00:51 2019-05-22

UPDATE 1-PG&E in talks with lawmakers on $11 bln fund - Bloomberg Troubled power utility company PG&E Corp has spoken to lawmakers for arranging about $11 billion fund to settle claims related to wildfires, Bloomberg reported https://www.bloomberg.com/news/articles/...
00:51 2019-06-06

House committee gives OK to 9/11 victims fund reauthorization The House judiciary committee gave its approval to legislation replenishing the September 11th Victim Compensation Fund one day after comedian Jon Stewart passionately implored the panel to support th...
23:17 2019-06-12

Senate expected to pass 9/11 fund extension The Senate is expected to pass a bill Tuesday to fund the 9/11 Victim Compensation Fund through 2090, permanently compensating individuals who were injured during the 2001 terrorist attacks and its af...
18:34 2019-07-23

U.S. value fund managers betting shift to value stocks won't last The massive U.S. market rotation into value stocks over the last two weeks is finally giving value fund managers a reason to be hopeful after years of underperformance....
01:51 2019-09-18

Employees Provident Fund (EPF) Online Nomination: Here's How To Do It EPFO nomination: It is important to nominate members to the EPF account, according to EPFO's website. In the event of a subscriber's sudden demise, only the nominated members can withdraw the EPF......
18:51 2019-05-27

Cboe Welcomes New Aptus Fund to ETF Marketplace CHICAGO – November 1, 2017 – Cboe Global Markets, Inc. (Cboe: CBOE | NASDAQ: CBOE), one of the world’s largest exchange holding companies, today welcomed a new Aptus fund to the Cboe ETF Marketp...
00:51 2019-05-22

Cboe Welcomes New Global X Fund to ETF Marketplace CHICAGO – October 18, 2017 – Cboe Global Markets, Inc. (BZX: CBOE | NASDAQ: CBOE), a leader in exchange-traded product (ETP) trading globally, today welcomed a new Global X fund to the Cboe ETF Market...
00:51 2019-05-22

Investigation Intensifies Into Top Trump Fund-raiser Elliott Broidy, who raised money for Donald J. Trump’s 2016 campaign and his inauguration, is the subject of a wide-ranging inquiry of foreign influence....
04:34 2019-07-09

Loeb's Hedge Fund Wants Centene to Consider Selling Itself Daniel Loeb’s Third Point has built a stake in Centene and wants the health insurer to consider selling itself before spending $15.3 billion on its deal to purchase WellCare Health Plans....
20:34 2019-05-24

US proposes $1bn fund for operators to remove Huawei kit The US is proposing legislation that would provide rural mobile operators with access to up to $1 billion in public funding to replace Chinese-made infrastructure in their networks.Chinese vendors hav...
17:00 2019-09-25

Conditions Under Which You Can Withdraw From Your Provident Fund Account The subscribers can put a claim for 'advance' withdrawal online via EPFO's website - unifiedportal-mem.epfindia.gov.in. The claim is then forwarded to the employer for approval. Once approved, the......
22:34 2019-08-24

Why Fund Managers Are Scared of Sudden Withdrawals   Why have markets been so alarmed over sudden withdrawals from a handful of European investment funds, like London-based H2O Asset Management? And why did their troubles lead the head of the Bank of En...
13:51 2019-07-10

What Drove SoftBank's Vision Fund Up Is Dragging It Down Investors’ sudden skepticism toward pricey, profitless tech companies is threatening SoftBank’s Vision Fund, which may take a hit on some of its biggest investments, including WeWork’s parent....
16:34 2019-09-23

Jon Stewart Challenges McConnell On 9/11 Fund: ‘Meet With Them’ New York (CNN Business) — Jon Stewart had plenty to say to Senate Majority Leader Mitch McConnell on Monday night. Stewart, the former host of “The Daily Show,” popped up on “T...
15:51 2019-06-18

Logo becomes a point of contention for 9/11 family fund The family of a Bloomberg staffer who was killed in the World Trade Center on 9/11 is fighting an apparel company over what they claim is trademark infringement on a logo the family designed as part o...
05:34 2019-09-11

BT suggests it could cut dividend to fund fibre expansion BT has suggested it could cut the dividend handed out to shareholders in order to invest in fibre to the premise (FTTP) infrastructure.Speculation that BT is preparing to cut its dividend for the firs...
00:34 2019-07-12

A top-performing hedge fund is making a big bet on gold An under-the-radar hedge fund is ruling the industry with a nearly 30% return this year on its long positions, and it's more than doubling its bet on gold....
03:34 2019-08-21

9/11 first responder pleads for victims fund from his hospice bed Luis Alvarez, who testified with Jon Stewart, asked Congress to ‘do the right thing’ in what he expects to be his last interviewAn emergency first responder who was diagnosed with cancer following his...
21:17 2019-06-21

NZ to fund NZ$10m to support Pacific cybersecurity strategy Over the next five years, the New Zealand government will support Pacific countries as they secure their infrastructure and data, enhance online safety, and implement new cyber crime laws....
11:00 2019-09-13

The euro zone now has a budget — but no agreement on how to fund it The 19 finance ministers agreed, after a marathon meeting that ran into the early hours of Friday morning last week, that the euro zone should have its own budget to help with structural reforms and p...
13:17 2019-06-19

Hedge Fund Slashes Juul's Valuation Hedge fund Darsana Capital Partners recently wrote down its investment in Juul by more than a third and now holds it at a price that values the e-cigarette company at $24 billion, said people familiar...
22:00 2019-10-04

Cboe Welcomes New iShares Fund to ETF Marketplace CHICAGO – November 9, 2017 – Cboe Global Markets, Inc. (Cboe: CBOE | Nasdaq: CBOE), one of the world’s largest exchange holding companies, today welcomed a new iShares fund to the Cboe ETF Marketplace...
00:51 2019-05-22

BlackRock bets on the circular economy with new fund BlackRock, the world's largest asset manager, is actively investing in companies including Adidas, Tomra and Ball Corp through a new circular economy fund that bets on sustainable business....
16:17 2019-10-08

Ackman eyes more gains for his fund with help of Berkshire, others Billionaire investor William Ackman, whose portfolio has gained almost 50% this year, said his fund can keep delivering "high, long-term" returns, and he expects that a newly disclosed stake in Berksh...
14:00 2019-08-16

ASOS warns on profit again after botching warehouse revamps British online fashion retailer ASOS warned on profits for the third time since December, saying problems ramping up warehouses in the United States and Germany had restricted product availability, h...
14:51 2019-07-18

U.S. garlic growers profit from trade war as most farmers struggle Unlike millions of other U.S. farmers, garlic growers are profiting from the trade war with China and have cheered President Donald Trump's latest economic attack accordingly....
14:32 2019-05-21

Lockheed Martin Raises 2019 Profit Guidance Lockheed Martin reported forecast-beating quarterly profits and raised its full-year guidance, just as a proposed new budget compromise lifted a cloud hanging over U.S. defense companies....
16:17 2019-07-23

Monsoon confirms £10m landlord profit share offer Troubled high street fashion retailer Monsoon Accessorize has confirmed it is launching a so-called company voluntary arrangement (CVA) to help the group return to profitability....
22:00 2019-06-20

UPDATE 1-BlackRock second-quarter profit misses estimates BlackRock Inc, the world's largest asset manager, missed analysts' estimates for quarterly profit on Friday, as investment advisory and securities lending revenue fell and costs rose....
13:17 2019-07-19

‘The Profit’ loses city vote against his huge US flag STATESVILLE, N.C. (AP) — A North Carolina city has voted against the flying of really big flags, holding its ground against a reality TV star’s huge Stars and Stripes. News outlets report the St...
15:51 2019-06-18

Monsoon rescue bid offers landlords profit-share Monsoon Accessorize, the struggling fashion retailer, is to offer landlords a share of future profits after snubbing their demands for an equity stake in the company....
14:51 2019-06-19

UAE telco du reports 2.5% increase in second-quarter profit to AED 464m UAE-based telecom operator Emirates Integrated Telecommunications Company, parent company of du, reported a 2.5% increase in second-quarter profit to AED 464m compared to AED 453m a year ago, fuelled ...
18:00 2019-07-23

Delta Air quarterly profit surges 39% on higher fares Delta Air Lines Inc reported a 39.3% rise in quarterly profit on Thursday, as the second-largest U.S. carrier benefited from higher fares and flying fuller planes....
14:34 2019-07-11

UnitedHealth Lifts Profit Targets on Stronger Sales UnitedHealth Group raised its 2019 earnings targets after reporting a strong first half of the year, driven by broader sales growth in premiums, products and services....
13:51 2019-07-18

Alimentation Couche-Tard quarterly profit falls 25% Alimentation Couche-Tard Inc reported a 25% fall in quarterly profit on Tuesday, as the convenience store operator was hit by lower fuel sales and higher expenses....
01:17 2019-07-10

Tighter rules hammer IG Group's annual profit Online trading platform IG Group Holdings on Tuesday reported a slump of almost a third in its earnings for the year, hurt by Europe's clampdown on the provision of access to high-stakes financial bet...
09:01 2019-07-23

India's Wipro June-quarter profit rises 13% India's No. 3 software exporter Wipro Ltd reported a 12.6% jump in first-quarter profit on Wednesday, boosted by robust demand from its key financial clients....
12:51 2019-07-17

Former Japanese fisherman finds profit in whale-watching Masato Hasegawa is the fourth generation of his family to be a fisherman on Japan's northern oceans, but now his cruises focus on admiring sea life instead of catching it....
03:17 2019-07-09

Samsung Expects Quarterly Operating Profit to Fall More Than 50% Samsung Electronics said it expects its second-quarter operating profit to decline 56.3% from a year earlier as sluggish demand for memory chips was exacerbated by the nagging U.S.-China trade dispute...
09:17 2019-07-05

Ericsson second-quarter operating profit matches expectations Mobile telecom equipment maker Ericsson reported on Wednesday a rise in line with expectations in second-quarter operating earnings helped by strong sales growth in North America....
08:51 2019-07-17

BlackRock's Cash Engine Gets Boost, but Its Profit Falls Investors increased the flood of cash flowing into money-management giant BlackRock in the last quarter. But the firm saw profits fall 6.5% from the comparable quarter a year earlier....
14:00 2019-07-19

Daimler warns of second-quarter profit significantly below expectations Luxury carmaker Daimler on Friday warned investors that it expected a second-quarter loss before interest and taxes of 1.6 billion euros ($1.80 billion) after a 2.6 billion profit posted in the year e...
17:34 2019-07-12

BlackRock's profit hit by lower fees for lending stocks BlackRock Inc , the world's largest asset manager, took in less cash last quarter as investors moved into lower-cost bond funds, and it made less money lending out stocks....
14:00 2019-07-19

Deutsche Bank's aim to make profit in 2020 is uncertain: CFO Deutsche Bank aims to break even or turn a profit in 2020 but there is "significant uncertainty in that forecast", the bank's finance chief said on Monday....
11:51 2019-07-08

AutoNation names new CEO, posts strong quarterly profit AutoNation Inc, the largest U.S. auto dealership chain, on Monday named a new chief executive four months after picking someone else for the position, while posting a stronger-than-expected quarterly ...
02:00 2019-07-23

Whirlpool Raises Profit Forecast While Controlling Costs Whirlpool raised its profit outlook for the year, saying it was better controlling costs and continuing to benefit from the higher prices it is charging for appliances....
03:17 2019-07-23

Car dealership giant Pendragon issues profit warning Shares in car dealership giant Pendragon slumped by a fifth on Wednedsay, after it warned that the first half of 2019 is "expected to be significantly loss making" ahead of any ret...
10:17 2019-06-12

Dialog Semiconductor raises second-quarter profit outlook Anglo-German chip designer Dialog Semiconductor on Wednesday raised its second-quarter earnings outlook, citing strong revenue and gains from a transfer of assets to iPhone maker Apple....
08:51 2019-07-17

TVS Motor Company Q1 Net Profit Slips 3 Per Cent At Rs. 142 Crore TVS Motor Company's revenue grows by 7 per cent at Rs. 4,469 crore in the first quarter of 2018-19, with total two-wheeler sales crossing 8.84 lakh in domestic and international markets....
19:51 2019-07-22

Canadian National Railway quarterly profit rises 4% Canadian National Railway Co reported a 4% rise in quarterly profit on Tuesday, as the country's largest railroad operator shipped higher volumes of crude and refined petroleum products....
22:51 2019-07-23

How GM's profit-sharing offer to UAW workers missed the mark GM and the UAW are in day 7 of the strike. They continue to negotiate. One area where the union says GM fell flat is with its profit sharing offer.       ...
20:34 2019-09-23

TD Bank Group's Profit Lifted by U.S. Retail Operations Toronto-Dominion Bank Group’s quarterly profit rose more than 4% from a year earlier, driven largely by higher loan and deposit volumes in its U.S. retail operations....
15:00 2019-08-29

VW targets higher profit as EV costs, uncertainty weigh VW's diesel-emission scandal caused a fundamental crisis but it also became a catalyst for the transformation of the automaker, VW COO Ralf Brandstaetter said -- setting the stage for the company's bo...
19:34 2019-08-22

CIBC reports marginal rise in quarterly profit Canadian Imperial Bank of Commerce on Thursday reported a marginal rise in quarterly adjusted profit, as higher provision for credit losses in its capital markets unit offset gains in retail and comme...
13:34 2019-08-22

Target shares up 15 percent on strong profit forecast Target raised its annual profit forecast on Wednesday after reporting better-than-expected quarterly results as higher investments to remodel stores and beef up digital business drew in more shoppers,...
08:34 2019-08-22

Lowe's Reports Higher Profit, Beating Estimates Lowe’s reported higher earnings in its latest quarter that topped expectations, in a sign the home-improvement retailer’s aggressive cost-cutting strategy could be paying off....
06:00 2019-08-22

BYD's profit triples as China's electric car boom continues Chinese electric car maker BYD Co Ltd posted a 203.6% rise in first-half profit on Wednesday, as China's new energy vehicle market continues to surge....
16:34 2019-08-21

SpiceJet Reports 22% Jump In March Quarter Profit SpiceJet said it would add 35 aircraft to its fleet by fiscal year 2020 and that average fare rose 11 per cent and capacity increased 21 per cent in the reported quarter....
15:34 2019-05-28

China's Tencent cautious after surge in quarterly profit China's Tencent Holdings , the world's largest gaming company by revenue, warned on Wednesday of a difficult economic environment even as it reported a better-than-expected 35% jump in quarterly profi...
19:00 2019-08-14

Levi Strauss profit declines on trouble in the Americas Levi Strauss & Co reported a 4% drop in third-quarter profit on Tuesday, as the denim apparel maker struggled to grow its wholesale business in the Americas, where it generates most of its revenue....
23:17 2019-10-08

Hindalco Profit Falls 28% To Rs 1,063 Crore In June Quarter The company said its earnings before interest, tax, depreciation and amortization (EBITDA) fell 13.04 per cent to Rs 3,769 crore in the quarter ended June 30, 2019....
16:34 2019-08-09

UltraTech Cement Profit More Than Doubles In June Quarter UltraTech Cement's standalone net profit more than doubled in April-June period to Rs 1,199 crore versus Rs 598 crore during the same period last year....
13:34 2019-08-08

UPDATE 1-TMX Group 2nd-qtr profit tops market expectations TMX Group, Canada's biggest stock exchange operator, posted quarterly adjusted profit on Wednesday that topped market expectations, as it reined in operating expenses and benefited from strength in it...
03:00 2019-08-08

Manulife profit beats on strength in Asia unit Canada's largest insurer insurer Manulife Financial Corp on Wednesday edged past estimates for second-quarter profit, helped by strength in Asia unit, its biggest....
01:34 2019-08-08

AIG profit beats on strong underwriting, investment income Insurer American International Group Inc beat Wall Street estimates for quarterly profit on Wednesday, boosted by improved underwriting in general insurance business and higher investment income, sen...
01:00 2019-08-08

Samsung says its third-quarter profit likely fell 56% from a year earlier Samsung said operating profit for the third quarter is expected at 7.7 trillion Korean won ($6.43 billion), slightly higher than an industry estimate....
04:17 2019-10-08

Tyson Cuts Full-Year Profit Forecast Tyson Foods lowered its earnings forecast for the year, citing short-term challenges that have weighed on its bottom line, including commodity market volatility, food regulations and issues at some of...
05:34 2019-09-04

Patients at for-profit dialysis centers less likely to get kidney transplants (Reuters Health) - The likelihood that U.S. patients with renal failure will get a kidney transplant is lower for those who get dialysis at for-profit dialysis centers, a new study shows....
23:34 2019-09-10

How GM's profit sharing offer to UAW workers missed the mark GM and the UAW are in day 7 of the strike. They continue to negotiate. One area where the union says GM fell flat is with its profit sharing offer.       ...
21:00 2019-09-22

Imperial flags hit to annual profit from U.S. vaping backlash British tobacco company Imperial Brands Plc on Thursday said it now expects full-year profit to be flat compared to last year in the face of a regulatory backlash against vaping in the United States t...
10:34 2019-09-26

British Airways owner says pilot strikes to hit profit British Airways parent IAG warned on Thursday that full-year profit will be hit by a pilots' strike at the UK carrier and weaker sales by budget stablemates Vueling and Level....
18:00 2019-09-26

Hindustan Unilever September Quarter Profit Rises 21% Hindustan Unilever's operating profit or earnings before interest, tax, depreciation and amortisation (EBITDA) stood at Rs 2,443 crore in the July-September period. Hindustan Unilever said its......
15:51 2019-10-14

Carnival CEO on profit warning and falling share price Arnold Donald, Carnival Corporation CEO, joins CNBC's "Closing Bell" to discuss why the company has issued weaker revenue guidance and the company's lackluster stock performance compared to ...
00:00 2019-09-27

Employees say companies use IT for pure profit, not worker empowerment A survey of white- and gold-collar employees show they're suspicious of companies' motivations for using IT. Oddly, older employees say they believe in technology for productivity more than their youn...
19:17 2019-09-17

Third quarter could mark turning point in U.S. profit cycle As investors prepare for U.S. corporations to report financial results next month, they could look past recent sluggish growth and find comfort as earnings look set to rebound after the third quarter....
01:34 2019-10-01

Aldi suffers 26% profit drop but promises growth Discount supermarket chain Aldi has announced that its operating profits fell by 26% to £197.9m last year, as the company invested heavily in the face of fierce competition....
17:51 2019-09-16

California assembly votes to ban private, for-profit prisons CALIFORNIA NBC -The California state legislature voted Wednesday to ban for-profit private prisons, including some facilities used by U.S. Immigration and Customs Enforcement. The bill, which must be ...
05:34 2019-09-14

UPDATE 2-Stitch Fix quarterly profit beats, shares up Stitch Fix Inc's quarterly profit beat Wall Street estimates on Tuesday, as the online personal styling service benefits from its expansion into new categories and markets, sending its shares up 2% in...
23:00 2019-10-01

Asos fashions board shake-up after profit alerts Asos, the online fashion retailer which has been buffeted by a series of profit warnings, will on Wednesday unveil a boardroom shake-up as part of an attempt to rebuild relations with investors....
02:00 2019-10-02

Strong summer sales makes H&M’s profit jump 25% Low-cost fashion retailer Hennes & Mauritz AB says its third-quarter profit jumped 25% to 5 billion kronor on strong summer sales as the Swedish group’s recovery is well underway after a strategy shif...
11:00 2019-10-03

H&M shares surge after first quarterly profit rise in two years Sweden's H&M posted its first rise in quarterly pretax profit in more than two years on Thursday as the world's second-biggest fashion retailer said its drive to meet rapid changes in the market were...
16:34 2019-10-03

Uber Lays Off More Staff as It Seeks a Route to Profit Uber on Tuesday said it was laying off about eight percent of its product and engineering teams as the smartphone-summoned ride service tries to map a route to profitability....
16:00 2019-09-11

Chinese government hackers suspected of moonlighting for profit One of the most effective teams of Chinese government-backed hackers is also conducting financially-motivated side operations, cybersecurity researchers said on Wednesday....
17:00 2019-08-07

Ford Results Disappoint, but It Stands by Profit Outlook Ford posted flat second-quarter operating income and a disappointing earnings outlook, but stood by a forecast for improved profitability this year as it begins to reverse steep losses overseas....
06:51 2019-07-25

Marathon Petroleum reports 5% rise in quarterly profit U.S. refiner Marathon Petroleum Corp reported a 4.8% rise in quarterly profit on Thursday, as strength in its midstream and retail segments more than offset a fall in refining income....
13:00 2019-08-01

Volkswagen second-quarter operating profit up 30% as SUV push pays off Volkswagen Group shares rose 2% after the carmaker posted a 30% rise in second-quarter operating profit despite a drop in vehicle sales as rising demand for sports utility vehicles and premium brands...
10:34 2019-07-25

UPDATE 1-Samsung Elec says Q3 profit seen down 56%, beats expectations South Korean tech giant Samsung Electronics on Tuesday reported its third-quarter operating profit likely tumbled 56%, hurt by a downturn in global memory chip prices but slightly better than analysts...
03:51 2019-10-08

Nissan to slash 9% of workforce as first quarter profit nearly wiped out Japanese car maker Nissan Motor Co said it is axing 12,500 jobs and warned a quick turnaround in its performance was not imminent after reporting its quarterly profit was nearly wiped out....
10:34 2019-07-25

South Korean chipmaker SK Hynix says second-quarter profit down 89% South Korean chipmaker SK Hynix reported its smallest quarterly earnings in three years on Thursday as slumping memory prices drove an 89% drop in second-quarter operating profit....
05:34 2019-07-25

Mexico's Mexichem posts $84 million 2nd quarter net profit Mexican plastic pipe and chemicals company Mexichem on Wednesday reported that it generated $84 million in second-quarter net profit, a 48.1% drop versus the same period a year earlier. (Reporting by ...
02:34 2019-07-25

Suncor Energy quarterly profit triples on tax gain Suncor Energy Inc, Canada's second-largest oil and gas producer, said on Wednesday its profit nearly tripled in the second quarter due to a deferred income tax gain of C$1.12 billion ($852.49 million)...
02:34 2019-07-25

Ford second-quarter profit falls on restructuring charges Ford Motor Co on Wednesday reported a lower quarterly net profit, primarily due to charges related to the restructuring of the automaker's units in Europe and South America....
00:17 2019-07-25

Agnico Eagle Mines profit jumps more than five fold Canadian gold miner Agnico Eagle Mines Ltd reported a more five-fold increase in quarterly profit on Wednesday, largely due to higher realized gold prices and currency and derivatives gains....
00:17 2019-07-25

UPS profit beats expectations as demand for next day service surges United Parcel Service Inc said on Wednesday a jump in demand for its Next Day Air service drove better-than-expected profit in the second quarter as large retailers rushed packages to online shoppers...
18:17 2019-07-24

Nissan warns of profit plunge, set to unveil 10,000 job cuts Nissan Motor Co Ltd warned on Wednesday that first-quarter profit tumbled around 90% percent, a day before it is expected to announce more than 10,000 job cuts as the crisis deepens at Japan's second...
16:34 2019-07-24

Profit jump for PSA Group in 2019 despite “regulatory chaos” Record operating margin of 8.7% and income increase of 11% defy global slump; CEO says no-deal Brexit “can't be considered” The PSA Group has battled significant global issues and market downturns t...
13:00 2019-07-24

Texas Instruments beat profit estimates, shares up 6% Texas Instruments Inc beat Wall Street estimates for quarterly profit and revenue on Tuesday, signaling a relief against the backdrop of a global slowdown in demand for microchips and sending its sha...
00:17 2019-07-24

UPDATE 2-ADM profit plunges more than 40% on U.S. weather, trade war woes U.S. grains merchant and food processor Archer Daniels Midland Co on Thursday reported a 41.3% drop in second-quarter adjusted profit and missed Wall Street expectations, after being battered by the U...
16:01 2019-08-01

GoPro misses profit estimates, shares fall 12% GoPro Inc fell short of Wall Street expectations for second-quarter revenue and profit on Thursday, as it struggled to attract customers for its action cameras, sending shares down 12% in extended tr...
23:34 2019-08-01

Commerzbank's targeted rise in 2019 net profit 'ambitious' Commerzbank on Wednesday posted net profit in the second quarter that was little changed from a year ago, helped by low taxes, but the German bank said its target for a slight increase in full-year n...
08:00 2019-08-07

India’s wealth managers find profit in the provinces The face of wealth management in India is changing, as vast fortunes are made by young digital disruptors and as private banks venture out of the main commercial hubs in search of untapped profit and ...
15:17 2019-05-21

A Brief History of NRA Employees Editing Wikipedia for Fun and Possibly Profit The grammar on Wikipedia’s Holocaust Denial page didn’t fix itself. Someone, perhaps finished with their paperwork for the day but still chained to a desk around 5:40 on a June afternoon, noticed a si...
00:17 2019-10-09

Subaru first-quarter profit climbs 48% on strong U.S. SUV sales Subaru Corp reported a 48% increase in first-quarter operating profit on Monday as global sales grew, led by demand for the Ascent and Forester SUVs in the United States....
16:17 2019-08-05

Global airline industry cuts profit forecast by more than a fifth Passenger numbers are up but US-China trade dispute poses big threat, says international bodyThe global airline industry is expected to record its lowest profits in five years amid rising fuel costs a...
16:17 2019-06-02

Berkshire Posts Rising Profit and Cash Pile Warren Buffett’s Berkshire Hathaway said second-quarter earnings rose due to unrealized investment gains, while the company’s cash pile grew to a record $122 billion....
17:51 2019-08-03

Toyota trims profit forecast as yen casts shadow Toyota posted an 8.7 percent rise in operating profit to 741.9 billion yen ($6.9 billion) in the April-June quarter, helped by a slight increase in vehicle sales. ...
05:51 2019-08-03

SoftBank Group Q1 profit falls 4%, but tops estimates SoftBank Group Corp's first-quarter operating profit fell 3.7%, but was well above estimates, compared to the same period last year that saw the sale of part of its stake in chip designer Arm's China ...
09:00 2019-08-07

Chevron profit surges 26% on higher output, termination fee Chevron Corp reported a 26.3% jump in quarterly profit on Friday, as higher oil and gas production and a one-time breakup fee from its failed bid for a rival more than offset lower energy prices and a...
17:17 2019-08-02

Israel's Wix.com Q2 profit up, raises 2019 revenue outlook Wix.com, which helps small businesses build and operate websites, reported higher profit in the second quarter and raised its revenue forecast for 2019....
09:17 2019-07-24

| US hedge fund billionaire charged with sex trafficking minors Jeffrey Epstein, a hedge fund billionaire with ties to top politicians and celebrities, was charged on Monday with sexually exploiting dozens of young girls....
00:51 2019-07-09

Factbox: Saudi sovereign fund's strategy in focus Saudi Arabia's Public Investment Fund (PIF) has pursued eye-catching investments abroad over the past several years, part of reform plans to diversify the economy beyond oil and transform the country ...
08:51 2019-06-28

Nancy Pelosi Agrees to Fund More Concentration Camps Today, the House passed a Senate version of a bill that will provide emergency funding to address the crisis on the border, according to CNN. The vote came after disagreements about whether House Demo...
08:51 2019-06-28

How To Open Public Provident Fund Account With SBI? 10 Things To Know Public Provident Fund (PPF) account, a retirement planning-focused instrument, is considered among the most sought after investment products by financial experts. It is offered by various institutions...
17:34 2019-06-29

Women's Open raises prize fund to $4.5 million The Women's British Open winner's paycheck will be less than one-third of that of her male counterpart's at The Open, but the overall prize fund for the women's major has been significantly increased....
21:51 2019-07-08

Harvard Is a Hedge Fund, Which Is The Problem With This Fucked Up Country Earlier this week, Bloomberg ran a quirky business story about a losing investment by Harvard’s endowment fund. Pulling back from this story will allow you to take in virtually every fucked up aspect ...
21:34 2019-09-27

Senate overwhelmingly passes 9/11 victim fund bill, 97-2 The Senate passed the 9/11 Victim Compensation Fund through 2090 by a vote of 97-2 , virtually funding health care for 9/11 victims and first responders for life....
23:00 2019-07-23

Hedge fund Darsana slashes Juul’s valuation by over a third Hedge fund Darsana Capital Partners has cut the value of its investment in Juul Labs by more than a third, a report Friday said. The write-down values the San Francisco-based company at $24 billion, t...
13:00 2019-10-05

Macaskill on markets: SoftBank’s Vision Fund moves into DCM and ECM SoftBank and its roughly $100 billion Vision Fund face growing questions about their use of leverage and the size of stakes built in technology-related companies....
11:51 2019-10-14

Former NYC police detective who fought for 9/11 compensation fund dead at 53 Alvarez was diagnosed with colorectal cancer in 2016. He traced his illness to the three months he spent in the rubble of the World Trade Center's twin towers after the 2001 terrorist attacks....
17:51 2019-06-29

KKR seeks $1.5 billion for third special situations fund: sources U.S. private equity firm KKR & Co Inc is seeking to raise $1.5 billion for its third special situations fund, people familiar with the matter said on Friday....
07:00 2019-10-05

CORRECTED-BlackRock bets on the circular economy with new fund BlackRock, the world's largest asset manager, is actively investing in companies including Adidas, Tomra and Ball Corp through a new circular economy fund that bets on sustainable business....
20:51 2019-10-08

Fund investors retreat from U.S. stocks as S&P 500 hits records Investors pulled slightly more than $5 billion out of mutual funds and exchange-traded funds that hold U.S. stocks last week, ending what had been the largest rush into domestic stocks since 2016,......
20:01 2019-07-03

SoftBank's plans for second mega-fund hit by WeWork debacle SoftBank Group founder and CEO Masayoshi Son is struggling to raise money for a second massive technology investment fund in the wake of the failed public offering of office-rental company WeWork and ...
17:34 2019-10-04

Funeral scheduled for detective who fought for Sept. 11 fund NEW YORK (AP) — A funeral will be held Wednesday for a former New York City police detective who was a leader in the fight for the Sept. 11 Victims Compensation Fund. Detective Luis Al...
16:51 2019-07-01

UPDATE 1-Saudi sovereign fund's strategy in focus Saudi Arabia's Public Investment Fund (PIF) has pursued eye-catching investments abroad over the past several years, part of reform plans to diversify the economy beyond oil and transform the country ...
13:00 2019-06-28

France’s $5.5 billion startup fund is a bid for digital sovereignty Digital sovereignty is an issue for countries worried about being squeezed by Silicon Valley and China. France has a $5.5 billion plan, but is it enough?Read More...
20:34 2019-09-23

NDP vows to boost natural disaster mitigation fund by $2.5B During a campaign stop today in Gatineau, Que., NDP Leader Jagmeet Singh pledged to add $2.5 billion to the federal government's disaster mitigation fund....
23:00 2019-09-22

Hedge Fund Loses $1 Billion in One Month on Argentina Bet Hedge fund Autonomy Capital lost about $1 billion last month largely on investments tied to Argentina, making it one of the most prominent investors caught on the wrong side of market turmoil in that ...
19:00 2019-09-05

Low-carbon technology fund is tonic for Scottish gin maker Orkney Distillery aims to be the first producer powered by hydrogen and renewable energyA craft distillery in Scotland could become the greenest gin and whisky producer in the world as part of the gov...
21:00 2019-08-29

SoftBank plans to lend up to $20 bln to employees to invest in new fund- WSJ Japan's SoftBank Group Corp is planning to lend up to $20 billion to its employees, including Chief Executive Masayoshi Son, to buy stakes in its second Vision Fund, the Wall Street Journal reported h...
11:34 2019-08-18

Activists blame Sen. Mike Lee for holding up 9/11 victims fund A Utah senator is holding up a vote to approve bipartisan legislation that would provide for 9/11 victims and their families, infuriating first responders who gave their all on that day, The Post has ...
19:17 2019-07-17

BlackRock Fund's First Big Private-Equity Deal Is a Sign of What's to Come BlackRock’s private-equity fund hopes its deal for a stake in Authentic Brands will be the first in a series that will help the firm close the gap with private-equity rivals, and drive momentum for a ...
21:34 2019-08-12

The Fall of Barneys Burns a Hedge-Fund Star Some billionaire hedge-fund managers buy sports teams. Richard Perry snapped up Barneys, one of New York’s most influential luxury department-store chains, but couldn’t save it from industrywide press...
03:00 2019-08-07

Senate to vote on permanently extending 9/11 victims fund The Senate has agreed to vote on permanently extending the 9/11 victims fund, setting up action that will put the bill on President Donald Trump’s desk for his signature by next week.After Sens. Rand ...
21:51 2019-07-18

An Outside Hedge Fund Is Driving Steve Cohen's Gains Billionaire Steve Cohen’s hedge fund is up about 10% this year. But a significant part of that return has come from a money manager who doesn’t work at Mr. Cohen’s fund....
15:51 2019-08-05

| Amanda Knox married before asking fans to fund wedding Amanda Knox, the US student who was convicted then acquitted of killing her roommate in Italy, was already married when she launched an appeal for thousands of dollars to pay for a wedding, according ...
22:34 2019-08-02

Fund to compensate Equifax data breach victims set to run out Consumers rushing to collect $125 (£103) in compensation from Equifax after a major data breach could be disappointed, US regulators have warned....
12:00 2019-08-01

Over 6 Crore Provident Fund Subscribers To Get 8.65% Interest For 2018-19 The Central Board of Trustees -- the apex decision-making body of the Employees'' Provident Fund Organisation (EPFO) -- had approved 8.65 per cent interest rate for the last fiscal in February this......
01:51 2019-09-18

US fund managers grapple with socially responsible investing NEW YORK, Aug 2 (LPC) - Asset managers are increasingly making sustainable investment decisions that reflect their own corporate values and those of their investors, but are still under pressure to de...
18:34 2019-08-02

9/11 First Responders Fund Clears Senate and Heads to Trump Congress gave final approval to legislation that would extend lifetime compensation to emergency workers who became ill after the attacks of Sept. 11, 2001....
22:17 2019-07-23

House Votes to Extend 9/11 Fund for Lifetimes of First Responders The House voted Friday on a $10 billion measure that would replenish a Sept. 11 fund for ailing first responders and extend assistance for the rest of their lives....
04:17 2019-07-13

California governor signs bill for $21 bln wildfire fund California Governor Gavin Newsom on Friday signed a bill approved by lawmakers a day earlier that creates a $21 billion fund to help bankrupt PG&E Corp and the state's other investor-owned utilities c...
23:34 2019-07-12

Mexico says US development aid to fund wind farm, LNG plant The Mexican government says a natural gas plant and a wind farm to produce electricity will be the first two projects under a U.S. development program to improve the economy of Mexico’s poor south as ...
06:34 2019-07-11

Peninsula fund gives Mediaset insurance in Vivendi dispute A private equity firm led by former bankers from top Italian investment house Mediobanca has agreed a backstop worth up to 1 billion euros ($1.1 billion) to help Mediaset ensure safe passage for its ...
15:17 2019-09-20

Is Germany too stingy to fund the fight against climate change? The German government is proposing a climate protection package that will cost billions of euros. The country is wealthy, but there are already concerns over how to fund the measures....
06:51 2019-09-20

U.S. House Democrats introduce bill to fund government until Nov. 21 Democrats in the U.S. House of Representatives introduced a stopgap government funding bill on Wednesday that would maintain current spending levels until Nov. 21 and avoid a government shutdown when ...
09:51 2019-09-19

Provident Fund Subscribes To Get 8.65% Interest For 2018-19: 10 Facts Over six crore accounts in the Employees' Provident Fund Organization (EPFO) will be credited with interest at the rate of 8.65 per cent for financial year 2018-19 ahead of the festival season, Labour...
01:51 2019-09-18

US hedge fund plots Four Seasons care homes bid An American hedge fund giant has waded into the auction of Britain's second biggest care home operator, setting up a potential tussle for control with another of the company's major creditors....
15:51 2019-07-11

Home Office to fund use of AI to help catch dark web paedophiles Money will go towards testing tools including voice analysis on child abuse image databaseArtificial intelligence could be used to help catch paedophiles operating on the dark web, the Home Office has...
04:51 2019-09-17

U.S. Investigating Deutsche Bank's Dealings With Malaysian Fund The sprawling, multibillion-dollar Malaysian development fraud scandal that has toppled a prime minister and stretched from Hollywood to Wall Street is threatening to implicate Germany’s biggest bank....
19:17 2019-07-11

Woodford listed fund says administrator to cut valuation in another of its holdings Woodford Patient Capital Trust, the listed trust run by under-fire money manager Neil Woodford, said its administrator Link Fund Solutions would cut the valuation of its stake in another of the......
02:00 2019-09-13

Climate change pushes U.S. fund managers to bet on AC makers Record heatwaves in Europe and Asia this summer are leading fund managers to buy shares of air conditioning manufacturers, betting that the public health risks of rising temperatures will compel busin...
22:34 2019-09-12

UK fund assets flatline at $10 trillion in 2018-report UK fund assets totalled 7.7 trillion pounds ($9.50 trillion) in 2018, steady from the previous year but failing to rise for the first time since 2008 due to political and market uncertainty, the secto...
04:00 2019-09-12

Hedge fund could bid for Hudson News wholesale operation Could Anthony Melchiorre’s Chatham Asset Management be readying a bid to buy out Jimmy Cohen’s Hudson News magazine wholesale distribution business? “I wouldn’t be surprised if it happens in the third...
11:00 2019-07-12

AT&T Faces Demands for Strategy Shift From Hedge Fund Funds like Elliott Management often take small positions in companies they hope to influence, and then try and rally the support of larger investors behind their cause....
18:34 2019-09-09

9/11 Victim Compensation Fund bill clears Senate The US Senate on Tuesday finally passed a bill guaranteeing financial support to the families of 9/11 first responders and victims — as a chorus of riotous cheers arose from the gallery. Senators appr...
23:34 2019-07-23

Vulture fund Hilco plots swoop on Bathstore A vulture fund which has swooped on a string of retailers including Homebase and HMV is plotting a move to take over Bathstore as it hovers on the brink of collapse....
14:17 2019-06-21

Kentucky conservation fund wins award for preservation FRANKFORT, Ky. (AP) — The American Battlefield Trust has recognized the Kentucky Heritage Land Conservation Fund for helping preserve battlefields and historic sites. American Battlefield Trust Presid...
11:51 2019-06-10

McConnell: I don’t know why Jon Stewart is ‘all bent out of shape’ on 9/11 victims fund “It sounds to me like he’s looking for some way to take offense,” the Senate majority leader said of Stewart on Monday, days after the comedian’s emotional testimony on Capitol Hill....
01:51 2019-06-18

U.S. judge approves PG&E $105 million wildfire assistance fund PG&E Corp may set up a $105 million housing fund for victims of 2017 and 2018 wildfires in California, which set records for devastation and were blamed on the utility's equipment, the judge overseein...
22:17 2019-05-22

Donors pledge over US$ 15 million to WHO’s Contingency Fund for Emergencies Donors have pledged an additional US$15.3 million to support quick action by the World Health Organization to tackle disease outbreaks and humanitarian health crises through its emergency response fun...
19:34 2019-05-21

Female Hedge-Fund Veteran Has Contemplated Comeback Anne Dias has discussed a return to money management, people familiar with the matter say. She was once one of the few women to run a hedge fund, investing on behalf of billionaire Julian Robertson as...
13:34 2019-05-29

Italy will discuss later this year how to fund tax cuts: Di Maio The Italian government is committed to forging ahead with ambitious tax cuts in 2020 and will discuss how to finance them later in the year, Deputy Prime Minister Luigi Di Maio said on Thursday....
11:17 2019-06-13

Two Former Hedge Fund Employees Could Get $90 Million Jury Payout Two former employees of commodities hedge fund Touradji Capital Management could receive roughly $90 million after winning a decadelong lawsuit against the firm....
17:17 2019-06-06

Schools 'crowd fund for pencils, glue and books' The prime minister says the government is putting a "record level of funding". into schools, after Jeremy Corbyn asks about some closing early on Fridays....
16:51 2019-05-22

McConnell swats at Jon Stewart over 9/11 fund: 'I don't know why he is all bent out of shape' Senate Majority Leader Mitch McConnell on Monday defended his legislative handling of the September 11th Victim Compensation Fund after comedian Jon Stewart, an advocate for 9/11 first responders, acc...
20:34 2019-06-17

New Fund for Southeast Asia Tech Hits First Close A new Southeast Asia-focused private-equity firm launched by a group of seasoned technology executives has hit the first close of its debut fund, the latest sign of investors’ growing enthusiasm for s...
04:34 2019-06-14

CBOE to Develop Hedge Fund Benchmarks with Eurekahedge CHICAGO, IL -- May 20, 2015 -- Chicago Board Options Exchange® (CBOE®) today announced it has entered into an agreement with Eurekahedge, a hedge-fund research and data collection company, to ...
12:34 2019-05-22

Cboe Welcomes New Exponential ETFs Fund to ETF Marketplace CHICAGO – November 1, 2017 – Cboe Global Markets, Inc. (Cboe: CBOE | NASDAQ: CBOE), one of the world’s largest exchange holding companies, today welcomed a new Exponential ETFs fund to the Cboe ...
00:51 2019-05-22

U.S. Supreme Court to hear IBM retirement fund dispute The U.S. Supreme Court on Monday agreed to weigh whether managers of a retirement fund for IBM Corp employees that invested in the company's stock can be sued for failing to disclose that its microele...
16:17 2019-06-03

California governor proposes a $21 billion wildfire fund California Governor Gavin Newsom has proposed helping utilities create a fund of up to $21 billion to compensate future victims of wildfires sparked by the companies' equipment or employees, an aide s...
01:34 2019-06-22

CBOE Launches Hedge Fund Benchmarks with Eurekahedge CHICAGO, IL – August 18, 2015 – Chicago Board Options Exchange® (CBOE®) today announced it has launched four new benchmark indexes in collaboration with Eurekahedge, a Singapore-ba...
12:34 2019-05-22

Star Manager Woodford Halts Fund's Redemptions U.K. money manager Neil Woodford suspended redemptions from his main fund, drawing fresh attention to the dilemma for investment firms that promise investors they can quickly cash out of funds with ha...
23:51 2019-06-04

How To Check Provident Fund Account Balance Online Provident fund account balance: Retirement fund body EPFO or Employees' Provident Fund Organisation allows EPF subscribers to access their passbook - which contains information on their account......
14:34 2019-05-30

NASA will fund a revolutionary mission to fly through Titan’s atmosphere Mission concept of Dragon's entry, descent, landing, surface operations, and flight at Titan. [credit: Johns Hopkins APL ] ...
02:17 2019-06-28

SoftBank's Vision Fund to borrow $4 bln against stakes in Uber and two others - FT SoftBank's Vision Fund is looking to borrow $4 billion against its stakes in Uber Technologies Inc, soon-to-go-public Slack Technologies Inc, and blood-testing company Guardant Health Inc, the Financi...
09:34 2019-05-30

Hedge fund-owned MNG reduces stake in Gannett to 4.2% Alden Global Capital's MNG Enterprises Inc., which launched a bid to acquire Gannett Co. in January, has reduced its stake in the company from 7.5%        ...
07:51 2019-05-23

Jon Stewart to testify on behalf of 9/11 victims fund to Congress Jon Stewart and a number of first responders will testify before the House Judiciary Committee Tuesday to push lawmakers to fund the 9/11 victims compensation fund. The House is expected to vote on th...
17:51 2019-06-11

How To Check Provident Fund (PF) Claim Status Via Umang App Users can also check their EPF balance, search establishment, get EPFO address and apply for Jeevan Pramaan certificate via Umang app, which is currently available on google, apple and windows......
14:34 2019-05-30

McConnell to meet 9/11 responders to discuss victims’ fund Senate Majority Leader Mitch McConnell is meeting this week with 9/11 first responders to talk about reauthorizing the September 11th Victim Compensation Fund...
04:34 2019-06-28

Is It Time To Sell? 4 Questions Fund Investors Should Answer Getting better at selling funds can help you keep your investments in shape and may even improve your results. These four questions can help you know when it's time to move on....
15:00 2019-05-21

Capgemini expands with technology venture capital fund Global business consultancy Capgemini is launching its first-ever investment fund, with plans to invest up to 90 million euros ($102 million) in early-stage technology companies....
19:51 2019-06-11

After Woodford fund suspension, focus turns to its stewards The suspension of Neil Woodford's flagship fund has put the focus on a little known firm tasked with ensuring his investors were being looked after properly....
03:34 2019-06-18

Pensions commit $8B to fund of prison-phone magnate Detroit Pistons owner Tom Gores has been freed from his fundraising prison. Two massive pensions — including New York City’s pensions and the Pennsylvania Teachers pension — are planning to commit mor...
08:34 2019-06-20

Daimler warns on profit again, blames diesel and recall costs The German automaker warned investors that it expected a second-quarter loss of $1.8 billion because of increased provisions for diesel-emissions issues and Takata airbag recalls....
13:34 2019-07-12

Infosys Q1 Net Profit At Rs 3,802 Crore; Raises Revenue Growth Guidance Infosys - the country's second largest software services company - on Friday reported a net profit of Rs 3,802 crore for the quarter ended June 30. That marked a decline of 6.76 per cent compared to.....
14:17 2019-07-12

Big banks beat profit expectations but warning signs grow Three big U.S. banks reported strong earnings on Tuesday even as warning signs emerged that the playing field is beginning to tilt against the financial industry....
22:17 2019-07-16

Global airlines slash profit forecast on protectionism fears Global airlines slashed a widely watched industry profit forecast by 21% on Sunday as an expanding trade war and higher oil prices compound worries about an overdue industry slowdown....
14:17 2019-06-02

HSBC first-half profit rises 16%, announces $1 billion buyback HSBC reported on Monday its first-half pretax profit rose 15.9% and announced a further buyback of $1 billion, defying some analysts' expectations it might pause its strategy of returning extra capit...
03:34 2019-08-05

Berkshire Hathaway profit falls as insurance underwriting declines Berkshire Hathaway Inc on Saturday said its quarterly operating profit fell, as the conglomerate run by billionaire Warren Buffett reported less income from insurance underwriting....
20:34 2019-08-03

United's Profit Rises Even as 737 MAX Grounding Crimps Extra Flights United Airlines said it is trimming extra flying this year because of the grounding of Boeing’s 737 MAX, though the nation’s second-largest carrier by traffic still expects profit to climb....
02:00 2019-07-17

Ericsson says on track for 2020 targets as Q2 profit matches forecasts Mobile network gear maker Ericsson posted a second-quarter profit in line with expectations on Wednesday and said it was on track to meet its financial goals due to strong sales of 5G equipment....
09:17 2019-07-17

UPDATE 2-Chevron profit surges 26% on higher output, termination fee Chevron Corp reported a 26.3% jump in quarterly profit on Friday, as higher oil and gas production and a one-time breakup fee from its failed bid for a rival more than offset lower energy prices and a...
17:51 2019-08-02

Exxon Mobil profit sinks on weakness in chemicals, refining Exxon Mobil Corp on Friday reported a 21% drop in quarterly profit, its third period in a row of weaker year-over-year results, as sharply higher oil production was offset by weaker refining and chem...
17:17 2019-08-02

REFILE-Schlumberger profit jumps 14.4% on higher international activity Schlumberger NV reported a 14.4% increase in quarterly profit on Friday, as demand in international markets helped the world's largest oilfield services provider counter weakness in North America....
13:51 2019-07-19

JPMorgan beats profit estimates but shows signs of pressure JPMorgan Chase & Co reported a quarterly profit that beat estimates on Tuesday as higher interest income and consumer lending offset lower activity at its trading desks....
22:17 2019-07-16

Continental seeks deeper cost cuts as Q2 profit falls 41% Supplier points to a "highly challenging" market with falling car sales in Europe, North America and China, and steep investments for electric and autonomous technologies, with no economic rebound for...
21:34 2019-08-07

Mexico's America Movil posts sharp rise in Q2 net profit America Movil on Tuesday reported a second-quarter net profit of 14.07 billion pesos ($732.7 million), surging from 434.8 million pesos from the same period last year....
03:17 2019-07-17

Citigroup profit beats estimates on gains in consumer lending Citigroup Inc beat analysts' estimates for quarterly profit on Monday, as a tight lid on costs and strength in consumer lending helped the third-largest U.S. bank counter weakness in its trading busin...
18:00 2019-07-15

UPDATE 2-Manulife profit beats on strength in Asia unit Canada's largest insurer insurer Manulife Financial Corp on Wednesday edged past estimates for second-quarter profit, helped by strength in Asia unit, its biggest....
03:00 2019-08-08

FedEx aims to boost service, profit more from online shopping FedEx Corp said on Thursday it will begin offering Sunday residential delivery and handoff fewer e-commerce packages to the U.S. Postal Service, as it works to bolster service and wring more profits o...
01:00 2019-05-31

Norway's Telenor warns on second quarter profit after error at Grameenphone Norwegian telecoms group Telenor said its second-quarter earnings would take a hit from "errors" discovered at Grameenphone , its Bangladeshi telecoms division....
20:34 2019-07-15

M&M Profit Drops On Worst Quarter For Passenger Vehicles In 18 Years M&M sold 1,23,690 units of passenger vehicles in quarter ended June 30, down 5.2% from 1,30,484 passenger vehicles sold in the same period last year....
11:00 2019-08-07

Dollar Tree cuts profit forecast as costs rise Dollar Tree cut its full-year profit forecast on Thursday, citing costs related to store closures and freight, sending its shares down 4% in trading before the bell....
14:34 2019-05-30

Gap cuts 2019 profit forecast after 'extremely challenging' quarter Gap Inc cut its full-year earnings forecast and reported bigger-than-expected declines in same-store sales, especially at its Gap brand outlets, on Thursday, sending its shares down nearly 10% after h...
01:00 2019-05-31

Cobalt, Africa setbacks shrink Glencore's first-half profit Glencore reported a 32% drop in first-half core profit on Wednesday, sending its shares to their lowest since late 2016, while a fall in cobalt prices prompted it to halt output for two years at the ...
16:00 2019-08-07

Italy's Banco BPM profit jumps on one-offs, improving revenues Italy's third largest lender, Banco BPM, on Tuesday reported a sharp quarterly rise in net profit for the three months through June helped by capital gains and an improvement in core revenues compared...
20:34 2019-08-06

Daimler in fresh profit warning over Dieselgate, faulty airbags The Mercedes-Benz manufacturer has slashed its outlook for 2019 for the second time in weeks due to the emissions-cheating scandal. Slower growth in several auto markets also prompted the warning....
21:51 2019-07-12

Trade Tensions, Rising Costs Hit Profit Outlook for Airlines Airline industry earnings this year are expected to fall 21% short of expectations with global trade tensions and rising costs denting the outlook for collective profits, the industry’s leading trade ...
06:51 2019-06-02

India's Infosys June-qtr profit rises 5%, beats estimates Infosys Ltd, India's No. 2 IT services firm, posted a 5.3% rise in June-quarter profit and raised its revenue forecast for the fiscal year as it bagged more business from its dominant North American ...
15:17 2019-07-12

Honda first-quarter operating profit drops 16% on lower U.S. car sales Japan's Honda Motor Co reported a 16% drop in first-quarter operating profit on Friday, as a stronger yen weighed on overseas earnings and U.S. vehicle sales dropped....
10:34 2019-08-02

UPDATE 1-EOG Resources profit misses on weaker commodities prices EOG Resources Inc posted a smaller-than-expected rise in second-quarter profit on Thursday, as an increase in production failed to offset a steep drop in prices for crude, gas and natural gas liquids ...
02:00 2019-08-02

Valeo's first-half profit falls amid car production slump Valeo's net income during the first half of 2019 fell by almost two-thirds to 162 million euros ($181 million) on a 1 percent slide in revenue to 9.776 billion euros....
19:17 2019-07-24

Blackstone's Profit Drops as Private-Equity Portfolio Lags Blackstone’s second-quarter earnings fell as the value of its private-equity portfolio appreciated less than the broader market, but the portion of profits it could return to shareholders ticked up....
20:51 2019-07-18

Autoliv slashes full-year outlook after Q2 profit slide Autoliv said it was stepping up actions to curb costs, which included plans to cut about 5 percent of its workforce and implement a sharper purchasing process. During the quarter, it cut 1,200 jobs....
07:00 2019-07-20

CORRECTED-UPDATE 1-UPS profit beats on higher e-commerce deliveries United Parcel Service Inc, which is the world's largest package delivery company, beat second-quarter profit estimates on Wednesday, driven by increased demand in domestic shipment from e-commerce com...
14:17 2019-07-24

Check Point Software Q2 profit marginally tops expectations Network security provider Check Point Software Technologies reported quarterly net profit that marginally beat expectations, boosted by higher security subscriptions....
11:34 2019-07-24

Peugeot-maker PSA's profit jumps on pricing, Opel synergies French carmaker PSA Group delivered a sharp increase in first-half profit, as new models and the integration of Opel-Vauxhall more than made up for weaker emerging-market sales....
11:34 2019-07-24

Skanska profit beats forecast as construction margin improves Swedish building group Skanska's efforts to improve margins are on track, it said on Wednesday as it reported better than expected second-quarter operating profit....
11:34 2019-07-24

PSA-Opel savings drive new profit record, defying slump French carmaker PSA Group delivered a sharp increase in first-half profit, defying a global industry downturn as new models and cost savings from the integration of Opel-Vauxhall more than made up fo...
11:17 2019-07-24

RBL Bank Reports 41% Jump In Profit To Rs 267 Crore In June Quarter RBL Bank earnings, RBL Bank share price: RBL Bank said its net interest margin (NIM) improved to 4.31% in the quarter ended June 30, from 4.04% a year ago....
12:51 2019-07-19

Analysts cut estimates for Exxon's third-quarter profit on weaker oil prices Analysts on Wednesday trimmed their profit estimates for Exxon Mobil Corp after the largest publicly traded oil producer pointed to weaker third-quarter results in a regulatory filing due to weaker o...
23:34 2019-10-02

UBS Posts Forecast-Beating Profit but Warns on Geopolitical Tensions Swiss banking giant UBS posted its highest second-quarter net profit in nearly a decade, beating expectations despite lower earnings at its wealth management and investment bank units....
17:51 2019-07-23

Broadcaster CME raises 2019 profit, cash flow outlook Broadcaster Central European Media Enterprises (CME) raised its 2019 outlook for core profit and cash flow growth for a second straight quarter after posting an estimate-beating second-quarter result...
17:00 2019-07-23

Reliance Industries Reports Net Profit Of Rs 10,104 Crore In June Quarter Reliance Industries earnings, Reliance Industries share price: Reliance Industries results: RIL shares finished 1.01 per cent lower at Rs 1,249 apiece on the BSE ahead of the earnings announcement by....
16:34 2019-07-19

Trading platform IG confident of turning corner after profit slump IG Group expects to return to revenue growth in the second half of this year after the online trading platform reported a 31% slump in annual earnings due to Europe's clampdown on high-stakes financia...
12:01 2019-07-23

Diversity helps UBS defy banking gloom with profit rise UBS delivered its best second-quarter results in nearly a decade on Tuesday, as strength in Swiss retail and corporate banking helped to offset weakness in wealth management....
11:51 2019-07-23

Nasdaq beats quarterly profit on strength in non-trading units U.S. exchange operator Nasdaq Inc beat analysts' estimates for second-quarter profit on Wednesday, as a boost in its non-trading businesses, including information services, overshadowed a softer trad...
16:34 2019-07-24

Harley-Davidson profit tumbles on weak sales in the U.S. and Europe Harley's motorcycle sales in the U.S. fell 8% from a year ago, amid strong foreign competition and less demand for big bikes.       ...
02:00 2019-07-25

UPDATE 1-U.S. garlic growers profit from trade war as most farmers struggle Unlike millions of other U.S. farmers, garlic growers are profiting from the trade war with China and have cheered President Donald Trump's latest economic attack accordingly....
19:51 2019-05-21

Zalando profit guidance upgrade sends shares higher Online fashion retailer Zalando raised its profit guidance on Thursday after a big jump in visits to its website, with the company citing efforts to provide a best-in-class fashion experience and more...
13:51 2019-08-01

Panasonic first-quarter profit nearly halves on China, Tesla woes Panasonic Corp reported its first-quarter operating profit nearly halved, as Sino-U.S. trade tensions dampened demand for its components business in China and the battery business with Tesla Inc remai...
01:51 2019-08-01

Panasonic quarterly profit nearly halves on China, Tesla woes The U.S.-China trade dispute is making it more difficult for Panasonic, which supplies battery cells to Tesla Inc., to execute its strategy of focusing more on automakers and corporate clients....
00:17 2019-08-01

Campbell raises profit forecast on snack boost, shares up 10% Campbell Soup raised its profit forecast for the year on Wednesday after its quarterly earnings beat estimates on stronger sales of its growing range of snacks, sending its shares up nearly 10%....
21:34 2019-06-05

Cloud growth fuels IBM profit beat, shares rise International Business Machines Corp beat analysts' estimates for second-quarter profit on Wednesday, propped up by recurring growth in its high-margin cloud computing business, sending its shares up ...
00:51 2019-07-18

CORRECTED-U.S. garlic growers profit from trade war as most farmers struggle Unlike millions of other U.S. farmers, garlic growers are profiting from the trade war with China and have cheered President Donald Trump's latest economic attack accordingly....
19:51 2019-05-21

Samsung Elec says Q3 profit likely fall 56% on memory chip slump South Korea's Samsung Electronics Co Ltd said on Tuesday its third-quarter operating profit likely fell 56% from a year earlier, slightly better than analysts had expected....
03:51 2019-10-08

Airbus Profit Leaps Amid Woes at Rival Boeing The European aircraft maker said its quarterly net profit rose more than fivefold, driven by an increase in deliveries that positions it to overtake Boeing as the industry No. 1....
18:00 2019-07-31

ASOS warns on profit again, blames overseas warehouse problems British online fashion retailer ASOS dented profit expectations for the third time in eight months on Thursday, saying problems in ramping up warehouses in the United States and Germany had hit sales...
10:34 2019-07-18