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Tag Archives: profit

HSBC misses profit, blames Brexit for tensions in the trade

HSBC Holdings PLC reported lower-than-expected earnings in the fourth quarter as the troubled financial markets, tensions between the US and China and Brexit uncertainty weighed on the global bank. HSBC shares surpassed 2% in Hong Kong after revenue in late 2018. The bank said clients were holding back from business activity as markets became volatile last year and generated sales …

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GoPro predicts profit, thanks to massive layoffs

GoPro Inc. Chief Executive Nick Woodman sounded very bullish. "GoPro's brand has never been stronger, our products never better," Woodman told analysts. "And we are fired up for the year ahead." GoPro announced earnings slightly above Wall Street's expectations Wednesday afternoon, breaking a long streak of brass on the holiday quarter. Woodman said the company plans to "capitalize on this …

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Softbank and Uber; Car manufacturer under pressure GM profit

The Japanese company announced Wednesday its operating profit increased 60% to $ 438 billion ($ 4 billion) in the last quarter of 2018, thanks to the growth in value of its technology fund. The Saudi-backed SoftBank [ SFTBF ) The Vision Fund has pumped more than $ 45 billion into technology companies around the world and has more than $ …

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Apple struck after its China warning. This is what the pros say about the stock before the profit. (AAPL)

REUTERS / Soe Zeya Tun Apple will release results for the first quarter on Tuesday afternoon. It is one of the most anticipated reports in years. The strategists point out that despite the recent volatility and some uncertainty surrounding the forthcoming report, no particularly large movements are expected. Apple shares fell 33% since their October high of $ 233.47. See …

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Alibaba Profit: China's weakening effect on spending on electronic commerce is a key factor

Given the uncertainty of investors regarding the economic situation in China and the impact of trading volatility, Alibaba Group Holding Ltd. on Wednesday give their opinion on the country's consumer spending. Chinese e-commerce giant is expected to release third-quarter results ahead of Wednesday's market opening. The company's holiday season results will show whether it has suffered from a general slowdown …

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Goldman Profit Rises on Deal Activity

Goldman Sachs Group Inc.'s GS 5.44% Fourth-quarter earnings exceeded Wall Street expectations as their merger bankers rescued the bond traders, who continue to struggle hard. Goldman's $ 2.54 billion or $ 6.04 per share gain was higher than a year ago and well above the $ 1.64 billion, or $ 4.27 per share, of analysts interviewed by Refinitv were predicted. …

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Goldman Sachs profit, Bank of America profit beaten; Bank shares rise

Goldman Sachs (GS) and Bank of America (BAC) beat the forecasts for the fourth quarter on Wednesday after JPMorgan Chase (JPM) and Citigroup (C)) reported mixed results. X Goldman Sachs Earnings Estimate: Goldman Sachs earnings per share down 5% to $ 5.37. Analysts expect a sales increase of 1% to 7.9 billion US dollars. Results: EPS of $ 6.04 on …

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