Profit
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Jeep Owner Stellantis Posts Record Profit On Higher Prices
Sales rose by seven percent in North America, Stellantis’ most profitable market AFP US-European auto giant Stellantis, whose brands include Jeep, Fiat and Peugeot, reported Wednesday a record net profit…
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From Passion to Profit: The Journey of an Online Video Creator
* This is a contributed article and this content does not necessarily represent the views of IBTimes. In the age of digital innovation and social media, opportunities for creative individuals…
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Tether To Buy Bitcoin With 15% Of Its Net Profit To Back Stablecoin Reserves
KEY POINTS Tether will keep the BTC in self-custody, without any third-party custodians The company will use 15% of its net realized operating profits to buy Bitcoin Tether plans to…
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Toyota Full-year Net Profit Beats Forecast
Toyota retained its top-selling crown for the third year in a row in 2022 AFP Top-selling automaker Toyota said Wednesday that its full-year net profit beat expectations and projected better…
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Nintendo Annual Net Profit Beats Forecast On Strong Game Sales
Nintendo’s blockbuster Switch console is now in its seventh year AFP Hit games Splatoon 3 and the new Pokemon titles helped Nintendo beat its annual net profit forecast on Tuesday,…
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Berkshire First Quarter Profit Zooms to $35.5 Billion; Warren Buffett Signals Buying More Apple Shares
Warren Buffett’s Berkshire Hathaway sold stocks worth $13 billion this year, adding to the massive cash pile of more than $130 billion. Even as the cash reserves increase, the investing…
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Apple Beats Revenue, Profit Estimate on iPhone Sales Growth
Apple Inc on Thursday reported quarterly revenue and profit above Wall Street’s expectations, with iPhone sales rising and wearables sales slipping less than analysts had feared despite a continuing slump…
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BP Back In Q1 Profit After Record Loss On Russia Exit
BP chief Bernard Looney has slowed plans for transitioning to renewable energy sources AFP British energy giant BP reported Tuesday a net profit of $8.2 billion for the first quarter,…
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United Airlines Sees Return To Profit On ‘Strong’ International Travel Demand
A United Airlines aircraft flies past the U.S. Capitol before landing at Reagan National Airport in Arlington, Virginia, U.S., January 24, 2022. Reuters United Airlines Holdings Inc on Tuesday forecast…
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J&J Lifts Profit Forecast On Pharma Boost, Medical Devices Recovery
Johnson & Johnson company offices are shown in Irvine, California, U.S., October 14, 2020. Reuters Johnson & Johnson beat quarterly earnings estimates and raised its 2023 profit forecast on Tuesday,…
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Confidence In European Banks Plunges Again As Profit Outlook Dims
The Credit Suisse logo in New York City, U.S., March 16, 2023. Reuters Confidence in European banks deteriorated further on Friday, with the cost of insuring against a debt default…
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Zara Owner Inditex Posts Record Profit
Zara owner Inditex sold its stores in Russia, the company’s second biggest market AFP Zara owner Inditex, the world’s biggest fashion retailer, reported record profits for 2022 despite halting operations…
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Saudi Oil Giant Aramco Reports Record Profit of $161 Billion for 2022
Saudi Arabian Oil Company (Saudi Aramco) has announced a record net income of $161.1 billion for 2022, its highest annual profit as a listed company, state media reported. Saudi Aramco…
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Hong Kong’s Cathay Pacific Reports First Operating Profit Since 2019
Cathay Pacific has lagged regional rivals in recovering from the pandemic as Hong Kong kept strict Covid containment rules in place AFP Hong Kong carrier Cathay Pacific on Wednesday reported…
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Deere Profit Beats Forecast, 2023 Outlook Raised; Shares Jump 6%
Equipment for sale is seen at a John Deere dealer in Denver, Colorado, U.S. May 14, 2015. Reuters Deere & Co raised its annual profit forecast on Friday after beating…
