Finance News – Profits
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Ryanair to raise air fares after lower ticket prices hit profits
Ryanair plans to increase ticket costs following a period of reduced prices that contributed to a significant profit decline, while still distributing substantial dividends to shar...
Read Full Article →Johnnie Walker owner Diageo says Trump tariffs could hit profits by $150m
Diageo, owner of several major alcohol brands, anticipates a significant annual profit reduction due to recent import duties and plans to implement cost-saving measures that may af...
Read Full Article →Ryanair raises fares after profits hit by lower ticket prices
Following a 16% decline in yearly earnings due to reduced ticket costs, Ryanair has increased its prices in an effort to improve its financial performance and stimulate business ex...
Read Full Article →Medicare patients getting emergency surgery in private-equity hospitals are 42% more likely to die i...
Recent studies indicate that emergency surgeries performed on Medicare patients in hospitals owned by private equity firms are associated with a substantially higher short-term mor...
Read Full Article →Crypto traders who won dinner with Trump also made big profits
Several investors who acquired significant amounts of the president's digital currency reportedly reaped substantial gains, as many of these assets have been moved to different wal...
Read Full Article →Future: Go Compare owner announces share buyback
The company’s decision to repurchase shares reflects confidence in its stable profitability and cash flow, following a period of consistent operating earnings despite a slight decr...
Read Full Article →Is Burberry’s job-slashing shake-up enough to save the troubled brand?
Burberry’s decision to reduce its workforce following a significant decline in profits reflects challenges in both the luxury market and brand appeal, prompting a notable positive...
Read Full Article →Bitcoin and Ethereum Waver as Investors Take Profits on Recent Rally
The recent pullback in major cryptocurrencies reflects investors securing gains amid ongoing economic challenges and elevated U.S. interest rates, which could impact the digital as...
Read Full Article →The O2 owner’s touring and festivals arm almost doubles sales
The UK-based live entertainment division responsible for tours and festivals reported a substantial increase in revenue and profits in 2024, nearly doubling its turnover compared t...
Read Full Article →DigiAsia enters cryptocurrency asset space, allocating up to 50% of future profits to crypto holding...
DigiAsia has expanded its business operations to include digital currencies, planning to dedicate nearly half of its upcoming earnings toward investments in crypto assets to enhanc...
Read Full Article →You can see AI everywhere — except in Big Tech’s profits
Despite widespread integration of artificial intelligence across industries, major technology companies have not yet experienced substantial increases in their earnings or overall...
Read Full Article →CBA profits rise, chief says Australia can navigate ‘heightened’ global risks
The bank reported a significant increase in earnings during the March quarter, while its leader expressed confidence in the country's ability to manage ongoing international econom...
Read Full Article →Burberry may cut 1,700 jobs globally to reduce costs as profits fall
Burberry’s planned workforce reductions and operational changes aim to improve financial stability following a significant decline in annual earnings amid challenges in the luxury...
Read Full Article →Tesla’s Australian chair made $306 million as profits fell
Despite a notable decrease in company earnings and stock value, Tesla’s Australian board leader earned a substantial amount from her holdings during this period.
Read Full Article →Crypto Trader Turns $332 Into $190K on Gooncoin as Solana Meme Coins Get Hot Again
An investor transformed a small initial amount into substantial earnings by trading a Solana-based token, reflecting renewed interest and activity in the market for meme cryptocurr...
Read Full Article →Pi Coin price drops, but Elliot Wave points to a comeback
Following a recent peak, the value of Pi Network's token declined as traders realized gains, reflecting a temporary market adjustment while technical indicators suggest potential f...
Read Full Article →Why is crypto down today?
The recent decline in digital currencies like Bitcoin reflects market reactions to updated inflation figures, prompting investors to secure gains amid economic uncertainty.
Read Full Article →Analysis: Ethereum’s rally stalls near $2.58K as holders take profits
Following a substantial increase, Ethereum's price has declined slightly as investors capitalize on gains, indicating a potential shift in market sentiment and affecting short-term...
Read Full Article →Employment levels slump as Reeves’ taxes bite
The recent decline in job numbers reflects the impact of increased taxation on businesses, which appears to have reduced employer profitability and subsequently affected workforce...
Read Full Article →Macquarie chief’s pay cut to $24m as ‘millionaires’ factory’ rakes in $3.7b
Macquarie's recent profit announcement highlighted substantial earnings alongside a reduction in the chief executive's compensation to $24 million, reflecting ongoing financial gro...
Read Full Article →Can the meme coins rally again? Dogecoin, Shiba Inu and Pepe dip slightly
A recent surge in interest around meme cryptocurrencies, including a notable group profiting close to $100 million from MELANIA token sales, highlights the potential for significan...
Read Full Article →Investigation reveals a group of traders made nearly $100 million buying MELANIA minutes before the...
A recent inquiry uncovered that several traders acquired large amounts of MELANIA memetokens shortly prior to its release, resulting in estimated combined earnings approaching $100...
Read Full Article →Toyota says tariffs will cost it $1.3 billion in 2 months
Toyota anticipates a substantial negative impact on its earnings this fiscal year, estimating a $1.3 billion expense over two months as a result of increased trade barriers and ass...
Read Full Article →Rates tipped to tumble, Trump-triggered uncertainty to hang around ‘for a while yet’
The lender indicated that upcoming financial fluctuations are likely, reflecting ongoing economic uncertainty linked to recent political developments, which may impact market condi...
Read Full Article →BMW boss predicts Trump’s 25% tariffs on foreign cars will be lowered by July
BMW’s chief executive anticipates a reduction in import duties by mid-year, following a significant decline in the company’s first-quarter earnings compared to the previous period.
Read Full Article →BMW Group profits plunge but outlook maintained despite tariff pressures
The German automaker experienced a decline in earnings compared to last year but reaffirmed its financial goals, anticipating that recent increases in US trade tariffs will not hav...
Read Full Article →Trainline shares tumble amid warnings over expansion of London contactless zone
The company's stock declined notably due to concerns about challenges from transportation policy changes and a potential decrease in international travel demand, impacting its futu...
Read Full Article →ASX set to fall, Trump tariff uncertainty hurts Wall Street giants; Aussie dollar rises; NAB results...
The decline in US markets, influenced by tariff-related uncertainties and reduced enthusiasm for AI stocks, contrasts with the Australian dollar's increase and upcoming financial r...
Read Full Article →MELANIA memecoin insiders reportedly make over $150 million including pre-sale trades
A group of early investors in the MELANIA token generated substantial earnings totaling more than $150 million, largely by engaging in trades shortly before its public announcement...
Read Full Article →Fewer borrowers falling behind on loan repayments, says Westpac
Westpac reported $3.3 billion in profits for the first half, attributing improved loan repayment rates to the recent interest rate reduction by the central bank.
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