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Earnings reports
August 06, 2020
Siemens profit falls on COVID-19 issues, taxes
Siemens AG, maker of trains, power generation equipment and other heavy industrial goods, said Thursday that net profit fell ...
August 06, 2020
Lufhansa see revenues drop 80%, no full recovery until 2024
German airline group Lufthansa on Thursday reported a net loss of 1.49 billion euros ($1.77 billion) for the second quarter, ...
August 04, 2020
Italian bank Intesa Sanpaolo sees Q2 profits up on cost cuts
Italian bank Intesa Sanpaolo, fresh off its successful hostile takeover of a smaller rival to create Italy’s largest bank, ...
August 04, 2020
BP to cut dividends as it prepares for fossil fuel decline
BP plc said Tuesday it plans to slash dividends as the global oil company prepares for declining sales of fossil fuels by ...
August 03, 2020
HSBC says net profit plunged 96% as pandemic took hold
Europe’s biggest bank, HSBC, said Monday that its net profit plummeted 96% in the second quarter of this year as lower ...
August 03, 2020
5 things to know today
Your daily look at late-breaking news, upcoming events and the stories that will be talked about today: 1. BLACK WOMEN ...
July 31, 2020
Tech giants lead gains as S&P 500 closes 4th winning month
Big Tech continues to steamroll through the pandemic, and strong gains for some of the market’s most influential companies ...
July 31, 2020
Nokia profit up despite pandemic as new CEO takes over
Nokia has reported better than expected second-quarter earnings on the back of improved margins for telecoms equipment and ...
July 31, 2020
Asian benchmarks tumble, looking to earnings, central banks
Asian shares tumbled Friday as reports showed layoffs of American workers are persisting at high levels after the U.S.
July 30, 2020
France's Renault posts massive loss as trouble piles up
French carmaker Renault reported a massive loss of 7.4 billion euros ($8.5 billion) in the first half of the year as the ...
July 30, 2020
Airbus plane deliveries halved as airlines scrounge for cash
European plane maker Airbus saw its deliveries halve during the first six months of the year as travel collapsed during the ...
July 29, 2020
Asian shares mixed amid dismal earnings, Wall Street slump
Asian shares were mixed Wednesday as reports of dismal company earnings add to pessimism over the widespread economic fallout ...
July 29, 2020
Nissan expects second straight year of red ink amid outbreak
Nissan reported a 285.6 billion yen ($2.7 billion) loss for April-June, as the Japanese automaker's sales crashed amid the ...
July 27, 2020
Ryanair expects air travel to be depressed for 2-3 years
European budget airline Ryanair said Monday that the COVID-19 pandemic has wreaked havoc on its earnings, with lockdown ...
July 23, 2020
Daimler lost $2.2 billion in Q2, sees signs of recovery
Daimler, the maker of Mercedes-Benz luxury cars and Freightliner trucks, lost 1.91 billion euros ($2.21 billion) in the ...
July 22, 2020
Asian shares mixed after lackluster session on Wall Street
Shares were mixed in Asia on Wednesday, with Australia’s benchmark down more than 1% on reports of a sharp rise in ...
July 02, 2020
Portuguese government raises its stake in national airline
The Portuguese government announced Thursday it is increasing its stake in TAP Air Portugal from 50% to 72.5% after prolonged ...
June 10, 2020
Starbucks takes $3 billion hit to revenue during pandemic
Starbucks expects to lose more than $3 billion in revenue in its fiscal third quarter due to the new coronavirus, but said ...
May 28, 2020
Nissan to close Indonesia, Spain auto plants after losses
Japanese automaker Nissan plans to close auto plants in Spain and Indonesia after sinking into the red for the first time in ...
May 23, 2020
Global tourism upended; worst-case earnings scenario dodged
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments ...
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