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Porsche AG Warns of Lower Profitability This Year But Lifts Dividend -- Update - Vimarsana News

Porsche AG Warns of Lower Profitability This Year But Lifts Dividend -- Update

By David Sachs Porsche AG warned of lower profitability this year, citing global economic conditions and investment costs, but lifted its dividend after its 2023 operating profit rose. The...

Porsche AG Warns of Lower Margins As It Launches New EV, Hybrid Models -- 2nd Update - Vimarsana News

Porsche AG Warns of Lower Margins As It Launches New EV, Hybrid Models -- 2nd Update

By David Sachs Porsche AG's margins will be squeezed by the launch of new electric and hybrid models this year. The German premium sports-car maker will roll out the fully electric Macan...

ADM Surges as It Provides Update on Accounting Probe - Vimarsana News

ADM Surges as It Provides Update on Accounting Probe

Agricultural company ADM posted its fourth-quarter earnings Tuesday after they were delayed following the announcement of an internal investigation into accounting practices in its nutrition division.

Platinum Asset Management Shares Rise on Profit Beat, Turnaround Plan - Vimarsana News

Platinum Asset Management Shares Rise on Profit Beat, Turnaround Plan

By Alice Uribe SYDNEY--Platinum Asset Management shares rose after it issued its half-year earnings, which said the company's board had approved a turnaround...

Anheuser-Busch InBev's 4Q Net Profit Falls 33% as Revenue, Volumes Miss Consensus - Vimarsana News

Anheuser-Busch InBev's 4Q Net Profit Falls 33% as Revenue, Volumes Miss Consensus

By Ronnie Harui Anheuser-Busch InBev's net profit fell 33% in the fourth quarter of 2023 as both revenue and volumes missed consensus expectations. The world's largest brewer--which houses...