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Earnings Announcements

Siemens beats estimates as demand for electrification, software soars

by Adrian Jhonsan
Siemens beats estimates as demand for electrification, software soars

15 November 2023, Bavaria, Munich: Flags with the word “Siemens” in front of the company’s headquarters. Siemens publishes figures for fiscal year 2022/23. Photo: Karl-Josef Hildenbrand/dpa (Photo by Karl-Josef Hildenbrand/picture …

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Categories World

Profit jumps 10% on gaming growth

by Ev Richard
Profit jumps 10% on gaming growth

Sony’s PlayStation 5. Thiago Prudencio | Lightrocket | Getty Images Sony on Wednesday reported a 10% jump in operating profit in the fiscal first quarter, beating analyst expectations after seeing strong …

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Categories Technology

Gucci-owner Kering hits 7-year low after weak forecast, revenue drop

by Adrian Jhonsan
Gucci-owner Kering hits 7-year low after weak forecast, revenue drop

A bag on display at a Gucci luxury boutique in London, UK, on Friday, July 19, 2024. Hollie Adams | Bloomberg | Getty Images Shares in Gucci-owner Kering fell on …

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Categories World

Shares fall on lower fares, fall in quarterly profit

by Adrian Jhonsan
Shares fall on lower fares, fall in quarterly profit

A Ryanair passenger plane lands at Cologne/Bonn Airport. Thomas Banneyer | Picture Alliance | Getty Images Ryanair shares fell on Monday after the company said its quarterly profit after tax …

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Categories World

Volvo Cars jumps 7% after reporting a record core operating profit

by Adesola Mojo
Volvo Cars jumps 7% after reporting a record core operating profit

A worker at a Volvo car store introduces the Volvo xc60 and other models via a live streaming in Shanghai, China, March 18, 2024. Cfoto | Future Publishing | Getty …

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Categories Automobile

Siemens posts industrial profit drop as automation division slows

by Adrian Jhonsan
Siemens posts industrial profit drop as automation division slows

15 November 2023, Bavaria, Munich: Flags with the word “Siemens” in front of the company’s headquarters. Karl-Josef Hildenbrand | Picture Alliance | Getty Images German technology giant Siemens on Thursday …

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Categories World

Nintendo to announce new Switch console this fiscal year

by Adrian Jhonsan
Nintendo to announce new Switch console this fiscal year

Mario poses at the “SUPER NINTENDO WORLD” welcome celebration at Universal Studios Hollywood on February 16, 2023 in Universal City, California. Rodin Eckenroth | Getty Images Entertainment | Getty Images …

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Categories World

Philips shares rocket 33% as firm settles U.S. respiratory device case

by Adrian Jhonsan
Philips shares rocket 33% as firm settles U.S. respiratory device case

Philips office building in Warsaw, Poland on July 29, 2021. Nurphoto | Nurphoto | Getty Images Philips shares soared to a two-year high Monday after the Dutch medical devices giant …

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Categories World

Zara owner Inditex climbs to all-time high as 2023 sales jump 10%

by Adrian Jhonsan
Zara owner Inditex climbs to all-time high as 2023 sales jump 10%

Shopper carrying two large shopping bags from the clothing retailer Zara on Oxford Street on 5th February 2024 in London, United Kingdom. Oxford Street is a major retail centre in …

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Categories World

Lego revenue grows 2% in 2023, as CEO hails strong U.S. progress

by Adrian Jhonsan
Lego revenue grows 2% in 2023, as CEO hails strong U.S. progress

Customers at a Lego store in Shanghai, China, on Feb. 3, 2024. Costfoto | Nurphoto | Getty Images The chief executive of Denmark’s Lego on Tuesday reflected on a tough …

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Categories World
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