FILE PHOTO: The logo of Kering is seen during the company’s 2015 annual results presentation in Paris, France, February 19, 2016. REUTERS/Charles PlatiauPARIS (Reuters) – Shares in French luxury goods
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Wall Street banks set to profit again when Fed withdraws pandemic stimulus
NEW YORK (Reuters) – Wall Street banks have been among the biggest beneficiaries of the pandemic-era trading boom, fueled by the Federal Reserve’s massive injection of cash into financial markets.FILE
U.S. banks beat profit estimates on economic rebound, deals bonanza
WASHINGTON (Reuters) – The four largest U.S. consumer banks posted another strong quarter this week as the rebounding economy allowed them to release more cash they had set aside for
Bank of America profit beats on strength across businesses
(Reuters) -Bank of America Corp beat estimates for third-quarter profit on Thursday, boosted by strong growth across its businesses which executives said they expected to continue next quarter.FILE PHOTO: A
Tesco raises outlook and will buyback shares after strong first half
LONDON (Reuters) -Tesco, Britain’s biggest retailer, raised its full-year outlook as it reported a 16.6% rise in first-half core retail profit and increased sales despite labour and supply chain disruption
Mark Lister: Robust results outweigh Delta blues
OPINION: The August corporate reporting season has wrapped up, and it was a good one. This has given the local sharemarket a much needed shot in the arm after a
Canada's Royal Bank, National Bank beat estimates on provisions, improving revenues
TORONTO (Reuters) -Royal Bank of Canada and National Bank of Canada both comfortably beat analysts’ expectations for third-quarter profit on Wednesday, driven primarily by the release of provisions set aside
Lowe's forecasts full-year sales ahead of estimates
FILE PHOTO: Shoppers load a box of merchandise into a truck after visiting a Lowe’s hardware store in Philadelphia, Pennsylvania, U.S. November 4, 2020. REUTERS/Mark Makela (Reuters) -Lowe’s Cos Inc
Warren Buffett's Berkshire Hathaway recovers from coronavirus slowdown
(Reuters) -Warren Buffett’s Berkshire Hathaway Inc on Saturday said many of its businesses are enjoying strong recoveries from the early depths of the coronavirus pandemic, fueling rebounds in profits and
Warren Buffett's Berkshire Hathaway recovering from coronavirus woes
FILE PHOTO: Berkshire Hathaway shareholders walk by a video screen at the company’s annual meeting in Omaha May 4, 2013. REUTERS/Rick Wilking/File Photo(Reuters) -Warren Buffett’s Berkshire Hathaway Inc on Saturday