Page 20 - Visible Alpha News Today

By Andrea Figueras EssilorLuxottica reported higher revenue and profit for 2023, despite inflationary headwinds that hurt costs, particularly the cost of labor. The Franco-Italian eyewear...

By Kosaku Narioka Sony Group is scheduled to report third-quarter results on Wednesday. Here's what you need to know: NET PROFIT FORECAST: Sony Group is...

By David Sachs Thyssenkrupp is scheduled to report results for its fiscal first quarter on Wednesday. Here is what you need to know. SALES FORECAST: The...

By Andrea Figueras Pernod Ricard is scheduled to report results for the first half of fiscal year 2024 on Thursday. Here is what you need to know. SALES: The...

-Commonwealth Bank of Australia on Wednesday warned that lagged effect of high interest rates will continue to exert financial strain on household and business customers in fiscal 2024, and reported... -February 13, 2024 at 04:16 pm EST - MarketScreener

-Commonwealth Bank of Australia on Wednesday warned that lagged effect of high interest rates will continue to exert financial strain on household and business customers in fiscal 2024, and reported... -February 13, 2024 at 04:16 pm EST - MarketScreener

SYDNEY (Reuters) -Commonwealth Bank of Australia on Wednesday warned of downside economic risks building in Australia from continued high interest rates and persistent inflation, as the country's largest lender posed a drop in its first-half profit. The bank's profit, which still beat expectations, came a day after mortgage lending challenger Macquarie Group said it was gaining market share and signals a tough year for Australia's "Big Four" banks as they enter an envir...

By Andrea Figueras Hermes said it is moving into 2024 with confidence after the Birkin bag maker weathered a slowdown in the luxury sector with a surge in fourth-quarter sales, helped by its... -February 09, 2024 at 05:44 am EST - MarketScreener

By Andrea Figueras Shares in Hermes jumped after the Birkin bag maker posted a surge in fourth-quarter revenue while some peers experienced a slowdown in sales during the period. At 0852...

By Andrea Figueras Hermes said it is moving into 2024 with confidence after the Birkin bag maker reported a surge in fourth-quarter sales despite a slowdown in the overall luxury sector. ...