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Financials

Canon’s Camera Sales Are ‘Solid’ Globally But Are Very Poor in Japan

by Jhon Ray
Canon’s Camera Sales Are ‘Solid’ Globally But Are Very Poor in Japan

Canon published its Q2 financial results for 2024 today and while the company’s global numbers look stronger than earlier this year, Canon’s domestic camera sales remain a major weak point. …

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Categories Comic

Does Fujifilm Produce Too Few Cameras on Purpose?

by Jhon Ray
Does Fujifilm Produce Too Few Cameras on Purpose?

In early May, Fujifilm released its latest financial results, which PetaPixel covered at the time. However, while an addendum Q&A segment didn’t warrant focus then, it has gotten considerable attention …

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Categories Comic

Regional bank failures may be ahead, Fmr. FDIC Chair Sheila Bair warns

by Adrian Jhonsan
Regional bank failures may be ahead, Fmr. FDIC Chair Sheila Bair warns

Regional bank earnings may expose critical weaknesses, according to Sheila Bair, former chair of the U.S. Federal Deposit Insurance Corp. Their quarterly numbers begin hitting Wall Street this week. “I’m …

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Categories World

Morgan Stanley delivers a rebound quarter, eases concerns about a key overhang

by Adrian Jhonsan
Morgan Stanley delivers a rebound quarter, eases concerns about a key overhang

Morgan Stanley delivered mostly better-than-expected first-quarter results Tuesday morning — a much-needed report for the bank, whose stock has lagged industry peers and tested our patience. Revenue for the three …

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Categories World

Abrdn CIO slams jabs at company’s rebranded name

by Adrian Jhonsan
Abrdn CIO slams jabs at company’s rebranded name

The abrdn Plc office at St Andrew Square in Edinburgh, U.K. on Thursday, Nov. 11, 2021. Jonne Roriz | Bloomberg | Getty Images The press making jabs at the current …

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Categories World

World’s largest hedge funds record bumper year of profits

by Adrian Jhonsan
World’s largest hedge funds record bumper year of profits

Signage for Citadel Investment Group LLC hangs outside their office in Chicago, Illinois, U.S. Bloomberg | Getty Images The world’s top hedge funds raked in record profits last year amid …

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Categories World

What to expect from Wells Fargo earnings Friday — and the banking sector in 2024

by Adrian Jhonsan
What to expect from Wells Fargo earnings Friday — and the banking sector in 2024

This year is shaping up to be a better time for bank stocks than in 2023. But, investors shouldn’t get too excited ahead of earnings season. Club name Wells Fargo …

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Categories World

UK and Switzerland sign post-Brexit financial services deal

by Adrian Jhonsan
UK and Switzerland sign post-Brexit financial services deal

The U.K. and Switzerland are deepening the ties between their financial services sectors with a new post-Brexit deal. Sopa Images | Lightrocket | Getty Images LONDON — The U.K. and …

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Categories World

Las Vegas Sphere’s CFO Quits as Company Posts $98.4 Million Loss

by Jhon Ray
Las Vegas Sphere’s CFO Quits as Company Posts .4 Million Loss

The Sphere, Las Vegas’ newest eye-catching attraction, has posted a $98.4 million loss for the fiscal quarter, which would be expected given it only recently opened. What isn’t expected is …

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Categories Comic

Singapore bank DBS Q3 2023 earnings: quarterly profit beats forecast

by Adrian Jhonsan
Singapore bank DBS Q3 2023 earnings: quarterly profit beats forecast

DBS branch in Hong Kong. Budrul Chukrut | SOPA Images, LightRocket | Getty Images Southeast Asia’s largest lender DBS Group reported a 17% jump in third-quarter profit on Monday, benefiting …

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