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Grab Holdings raised its full-year profit forecast on Wednesday (May 15) after reporting a higher-than-expected quarterly revenue, driven by recent cost-reduction measures and robust demand for its

(Reuters) -ANZ Group announced a new A$2 billion ($1.32 billion) share buyback on Tuesday despite reporting a 7% slump in first-half cash earnings due to intense competition in Australia's mortgage lending market coupled with higher operating expenses....

By David Sachs Ferraris profit and revenue jumped in the first quarter as a favorable mix and customization sales offset flat car shipments. The Italian ultra-luxury sports-car maker said...

(Reuters) -Australia's Westpac Banking Corp reported a 16% drop in its first-half net profit on Monday as intense lending competition and higher costs squeezed its margins. It also announced an increase of A$1 billion ($660.90 million) to an existing s...

Palantir Technologies is set to report earnings after the bell on Monday, with investors likely to be watching for signs that growth fueled by rising demand for artificial intelligence is being sustained.

ANZ Group announced a new A$2 billion share buyback on Tuesday, despite reporting a 7% slump in first-half cash earnings due to intense competition in Australias mortgage lending market coupled... -May 06, 2024 at 06:02 pm EDT - MarketScreener

Cost cutting helped Tyson Foods handily beat profit forecasts, but its stock slumped as its chief executive warned of macroeconomic headwinds in its earnings call.

(Reuters) -Australian bank Westpac declared a special dividend on Monday and raised its share repurchase program by A$1 billion ($661 million) citing a strong balance sheet even as its first-half profit fell by 16% on intense competition and high costs. Traditionally beneficiaries of rising interest rates, the country's so-called Big Four lenders have spent the past year sacrificing margins to write new home loans and paying more to depositors, narrowing their closely watched "net int...

Australias Westpac Banking Corp reported a 16% drop in its first-half net profit on Monday as margins are squeezed by intense lending competition and higher costs. It also announced an increase...

(Reuters) -Australia's Westpac Banking Corp reported a 16% drop in its first-half net profit on Monday as intense lending competition and higher costs squeezed its margins. It also announced an increase of A$1 billion ($660.90 million) to an existing s...