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Clipper tea owner gets £76m pay day after KP Snacks deal boosts profit
The recent divestment of Whole Earth contributed to a substantial increase in earnings, resulting in a significant financial gain for the proprietors of Clipper tea and related bra...
Read Full Article →Novo Nordisk cuts 2025 guidance on weaker-than-expected Wegovy sales, posts first-quarter profit bea...
Despite reporting higher-than-anticipated first-quarter earnings, Novo Nordisk adjusted its 2025 revenue outlook downward due to slower demand for Wegovy, impacting overall financi...
Read Full Article →Live: NAB profit falls 2.5pc, ASX to slip on lack of progress with Trump trade deals
National Australia Bank reported a slight decline in its half-year earnings, while the Australian stock market is expected to weaken amid concerns over stalled trade discussions in...
Read Full Article →Ferrari starts year with racing profit but warns of tariff impact
Ferrari experienced increased earnings in early 2025 due to high demand for customized models, although it cautioned that upcoming tariffs could affect future financial performance...
Read Full Article →Luxury carmaker Ferrari warns of U.S. tariff risks after 17% jump in first-quarter profit
Ferrari's strong first-quarter earnings reflect increased consumer interest, but the company faces potential financial challenges due to possible new import duties in the United St...
Read Full Article →Papa Johns to serve up profit after closing over 40 sites
Following the closure of numerous locations last year, the company’s leadership indicated that improved financial results are expected, with profitability anticipated to resume in...
Read Full Article →Ford puts a number on its profit hit from Trump’s tariffs and halts guidance
Ford experienced a $1.5 billion reduction in earnings due to trade tariffs, prompting the company to suspend its annual financial forecast amid ongoing market uncertainties.
Read Full Article →Live: Wall Street rebound rolls on as trade tensions ease, ASX set to rise, Westpac's $3.5bn interim...
Improved employment data and reduced international trade concerns have contributed to market gains in the United States and are expected to support a positive opening on the Austra...
Read Full Article →Amazon beats on profits, but tariff uncertainty weighs on stock
Amazon reported a significant profit increase in Q1 2025, exceeding forecasts; however, concerns over tariff impacts and disappointing cloud performance contributed to a decline in...
Read Full Article →Standard Chartered shares rise as wealth arm booms after market unrest
Standard Chartered's share price increased slightly following a strong first-quarter profit report, though the bank cautioned investors about potential future challenges stemming f...
Read Full Article →Natwest shares jump as stamp duty rush and market chaos boost income
Natwest reported a pre-tax profit of £1.8 billion in the first quarter, exceeding analysts' expectations and resulting in a more than three percent increase in its share price.
Read Full Article →Standard Chartered beats first-quarter profit expectations on strong growth in wealth management
Standard Chartered reported higher-than-anticipated first-quarter profits, primarily driven by a significant 28% year-on-year growth in operating income from its Wealth Solutions d...
Read Full Article →Meet the best friends behind fast-growing Castore rival Montirex
Montirex, a rapidly growing sportswear brand, anticipates a significant increase in sales and profits, projecting a turnover of approximately £130 million for 2025, reflecting subs...
Read Full Article →Airbnb expects slower growth in nights booked, amid ‘broader economic uncertainties’ in U.S.
Airbnb anticipates a deceleration in bookings growth in the upcoming quarter due to economic uncertainties in the U.S., while maintaining its annual profit margin outlook.
Read Full Article →Amazon warns on trade war hit as profit outlook misses forecasts
Amazon has indicated that its profit outlook falls short of expectations due to potential impacts from tariff and trade policies, highlighting concerns over the consequences of ong...
Read Full Article →This is why Reddit’s stock is rising after earnings
After surpassing Wall Street's expectations for daily active users, revenue, and profit in its first-quarter earnings, Reddit Inc. shares experienced a 2.4% increase during extende...
Read Full Article →Tether Reports Q1 Profit Above $1 Billion, Down From 2024 Amid Bitcoin Yield Decline
Tether reported a Q1 profit surpassing $1 billion, reflecting a decrease from the previous year, while its holdings in U.S. Treasuries have approached $120 billion in total exposur...
Read Full Article →Bank of America analysts slap ‘buy’ rating on Barclays shares
Bank of America analysts have reaffirmed their positive outlook on Barclays shares following a strong first-quarter performance, with the bank reporting a pre-tax profit that excee...
Read Full Article →Tether says Treasury exposure neared $120 billion in Q1, posts $1 billion profit
In the first quarter, Tether reported a significant profit exceeding $1 billion and highlighted its substantial Treasury exposure, which approached $120 billion, indicating strong...
Read Full Article →GM to deploy ‘Covid playbook’ to offset $5bn tariff hit
General Motors is adjusting its profit projections due to anticipated financial impacts from tariffs, which could amount to $5 billion, while implementing strategies used during th...
Read Full Article →Clarkson: Shares in shipbroker plummet after tariff profit warning
Following a revised annual profit forecast, Clarkson's shares fell approximately 11% as the company projected a significant decline in underlying pre-tax profits due to the effects...
Read Full Article →Eli Lilly sales soar 45% on weight loss drug demand, but drugmaker cuts profit outlook after cancer...
Eli Lilly experienced a significant increase in sales attributed to strong demand for its weight loss and diabetes medications, yet adjusted its profit forecast following a recent...
Read Full Article →GM slashes profit outlook, sees tariffs costing up to $5 billion
GM has revised its profit forecast downward, attributing potential losses of up to $5 billion to tariffs, even as recent quarterly earnings surpassed market expectations for both p...
Read Full Article →Rolls-Royce eyes nearly £3bn profit despite tariffs
Rolls-Royce expects to achieve an underlying profit of approximately £3 billion in 2025, maintaining its guidance despite concerns over tariff impacts on its financial performance.
Read Full Article →Mowgli Street Food returns to profit as it creates over 100 jobs
Mowgli Street Food, led by Nisha Katona, has achieved a pre-tax profit of £512,178 for the year ending July 31, 2024, while generating over 100 new job opportunities.
Read Full Article →Lloyds costs soar as lender increases provisions after tariff turmoil
Lloyds Banking Group reported a pre-tax profit of £1.5 billion in the first quarter of the year, reflecting a seven percent decline due to rising operating costs and increased prov...
Read Full Article →Trump has turned his back on the foundation of US economic might - the fallout will be messy
The decision to move away from established economic practices could lead to significant consequences for the US economy, affecting stability and prosperity that have been integral...
Read Full Article →Wingstop’s stock slides 12% after profit falls short of estimates
Wingstop experienced a notable decline in its share price as its recent earnings report revealed lower-than-expected profits, impacting investor confidence and market valuation.
Read Full Article →Novartis hikes sales and profit guidance for the year
The company has adjusted its revenue and earnings projections upward, reflecting stronger-than-expected performance and a positive outlook for the remaining months of the fiscal ye...
Read Full Article →Barclays reports 18% profit rise as it lifts income guidance
Barclays has experienced a notable increase in earnings, prompting the company to revise its revenue expectations upward for the upcoming period.
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