Finance News – Profit
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Soaring energy costs threaten Future Made In Australia, steel boss warns
Rising electricity and gas expenses are heavily impacting local manufacturing profitability, with BlueScope experiencing a substantial decline in annual earnings, signaling serious...
Read Full Article →Plusnet cuts jobs as sales and profit slashed
Plusnet experienced a substantial decline in revenue and earnings over the past year, prompting the company to reduce its workforce by more than 100 positions to address financial...
Read Full Article →Shein’s UK sales jump 32% in 2024, fueling profit gains on Hong Kong IPO horizon
Shein's substantial revenue growth in the UK market during 2024 contributed positively to its overall financial performance, supporting expectations for increased valuation ahead o...
Read Full Article →Ford Bets on a "Model T Moment" with $30K Electric Pickup
Ford aims to capitalize on affordable electric trucks by utilizing a new universal platform designed to reduce production costs, potentially increasing profitability and market com...
Read Full Article →Foxconn, the largest iPhone manufacturer, churned record profit building AI servers
Foxconn experienced substantial financial gains attributable to its AI server production, with the company anticipating a significant increase in revenue from this sector in the up...
Read Full Article →Tariffs and weak demand slash Deere’s quarterly profit by 25%
John Deere’s quarterly earnings declined significantly due to increased trade barriers, lower agricultural commodity values, and cautious purchasing behavior among farmers, prompti...
Read Full Article →Birkenstock sales step up in ‘ugly shoe summer’
Birkenstock experienced a notable rise in revenue and unit sales during the recent quarter, contributing to its financial performance exceeding forecasts despite broader market cha...
Read Full Article →Deere Lowers Profit Outlook in 'Challenging' Economic Environment
Deere has reduced its earnings forecast due to current economic difficulties, indicating potential impacts on its revenue and investor confidence in the near term.
Read Full Article →Corinthia London: Profit slashed at five-star hotel despite revenue spike
Despite an 80 percent increase in revenue, Corinthia London’s pre-tax earnings for 2024 have significantly declined, reflecting challenges in managing costs or other financial fact...
Read Full Article →FatFace slims down workforce as brand returns to profit
Following its acquisition by a major retail group, FatFace reduced nearly 300 positions, contributing to improved financial performance and a positive shift in profitability during...
Read Full Article →Gatwick profit jumps after boost to passenger numbers
Gatwick airport experienced a substantial increase in earnings during the initial six months of 2025, largely due to higher passenger and flight activity, resulting in revenue exce...
Read Full Article →Admiral: Shares surge after FTSE 100 giant’s profit jumps
Admiral experienced a notable increase in market value following a considerable rise in first-half earnings, driven by strong performance in its UK insurance division and revenue f...
Read Full Article →Rank Group: Grosvenor casino owner posts strong profit as UK gambling reforms boost outlook
The company experienced substantial profit growth due to significant increases in revenue from both physical locations and digital platforms, supported by regulatory changes expect...
Read Full Article →Aviva’s profit soars ahead of merger with Direct Line
Aviva’s operating profit increased by over 20 percent in the first half of the year, reflecting robust performance in its core sectors prior to finalizing the takeover of a key com...
Read Full Article →Metro navigates tariff headwinds with supplier deals, posts 9% profit growth
Despite challenges from increased vendor costs influenced by tariffs, Metro’s strategic agreements with suppliers contributed to a 9% rise in its overall profitability this period.
Read Full Article →Beazley: Shares slump after profit falls
Beazley experienced a significant decline in first-half earnings for 2025, which led to a notable decrease in its stock value, reflecting investor concerns about the company’s fina...
Read Full Article →Contra Guys: Why we continue to hold BlackBerry shares
BlackBerry's recent return to profitability after several years reflects a potential shift in its business trajectory, which may impact investor confidence and the company's future...
Read Full Article →Wendy’s cuts profit outlook but stock rises
Wendy’s revised its earnings forecast downward, yet investor confidence led to an increase in the company’s share price despite the less optimistic financial projection.
Read Full Article →DraftKings’ profit doubles expectations as people are betting — and losing — more
DraftKings reported a substantial increase in earnings driven by higher user activity and greater losses, resulting in a notable rise in its stock value following the positive fina...
Read Full Article →Walt Disney blows past profit estimates after inking major deals with NFL and WWE
Walt Disney’s recent agreements involving ESPN and prominent sports organizations have contributed to the company surpassing analyst expectations in its latest profit report.
Read Full Article →BP launches cost-cutting scheme despite beating profit expectations
BP’s new initiative aims to enhance financial efficiency by reducing expenses, supporting its ongoing strategy to achieve substantial savings in the coming years despite recent str...
Read Full Article →Pfizer boosts profit estimate, even as tariffs are absorbed and drug prices may be cut
Pfizer’s revised forecast indicates stronger earnings potential despite challenges from increased tariffs and possible reductions in medication costs, leading to positive investor...
Read Full Article →Caterpillar’s stock falls after profit misses expectations again, to offset a raised outlook
Caterpillar experienced a decline in its share price as earnings fell short of forecasts for another quarter, despite the company increasing its future financial projections.
Read Full Article →MicroStrategy just posted a huge profit. It’s the second time riding on an accounting rule change.
MicroStrategy’s recent financial results reflect a substantial increase in operating income, largely influenced by accounting adjustments and favorable market conditions affecting...
Read Full Article →CVS’s stock jumps, as profit beats by a wide margin and the outlook is raised
CVS experienced a notable increase in its share value following stronger-than-expected earnings and an improved future financial forecast provided by the company.
Read Full Article →Rio Tinto takes hit as Trump trade war casts cloud over miners
A decline in Chinese steel demand combined with ongoing trade tensions has contributed to a notable reduction in earnings for Australia’s leading iron ore producer, marking its wea...
Read Full Article →GE HealthCare Tops Estimates, Lifts Profit Outlook on Smaller Tariff Impact
GE HealthCare reported better-than-expected financial results and raised its profit forecast, citing reduced effects from tariffs as a key factor contributing to improved earnings...
Read Full Article →Bitcoin miner MARA posts $808m profit as BTC rally drives record gains
MARA Holdings experienced substantial financial growth due to the recent surge in Bitcoin prices, resulting in a significant increase in profits from its mining and treasury operat...
Read Full Article →Rathbones profit drops but second half growth expected
Rathbones experienced a significant decline in underlying profit and higher net outflows amid challenging market conditions, yet the company remains optimistic about achieving grow...
Read Full Article →Slater and Gordon sheds 150 jobs as it returns to profit
Despite reducing its workforce by 150 employees, the Manchester-based law firm reported a pre-tax profit of £5.9 million for 2024, reversing a previous loss from the prior financia...
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