Page 46 - Visible Alpha News Today

By Elena Vardon Entain swung to pretax loss for the first half after setting aside 585 million pounds ($743.9 million) for a potential settlement of the...

By Ian Walker and Joe Hoppe Persimmon first-half pretax profit fell short of market forecasts after the company sold fewer houses, though it expects to...

By Mauro Orru Rheinmetall reported results for the second quarter on Thursday. Here's what you need to know: SALES: The German arms maker, best known for its...

Hiscox Shares Fall After Earnings Missed Consensus, Retail Growth Slowed 0733 GMT - Hiscox shares fall 3.5% and is one of the FTSE 100 worst performers in morning trade after the specialist...

Australia's biggest banks are likely to report narrower profit margins in the June quarter as an unprecedented pace of interest rate hikes to curb inflation starts to weigh on the economy, while investors will be watching for signs of rising bad debt. Commonwealth Bank of Australia, National Australia Bank, Westpac and ANZ Group, which benefited over the past year from policy tightening, now face headwinds from rising costs and unemployment, which could result in fewer new loans and more b...

Glencores Results Could Lead to Consensus Cuts 0731 GMT - Glencore reported a weaker set of results for the first half of the year with core earnings falling short of expectations, analysts at...

By Kosaku Narioka SoftBank Group reported its first-quarter results on Tuesday. Here's what you need to know. NET LOSS: SoftBank Group posted net loss of...

1055 GMT - SoftBank Group is one of the most mentioned companies in the news over the past five hours, according to Factiva data, after the Japanese technology investor reported a...

(Reuters) -Commonwealth Bank of Australia on Wednesday warned of a hit to margins from fierce competition and softening consumer demand in fiscal 2024 after it posted record annual cash earnings and announced its biggest-ever dividend for the year. "We are seeing consumer demand moderate and economic growth slow and we are closely monitoring the impact of reduced discretionary spend, particularly on our small- and medium-sized business customers," Chief Executive Officer Matt Comyn sa...

(Reuters) - Commonwealth Bank of Australia reported a near 6% rise in annual cash earnings on Wednesday on the back of strong volume growth and higher...