Earnings
Lufthansa slashes 2024 earnings forecast after costly strikes
LUFTHANSA slashed its full-year earnings outlook for 2024 on Monday (Apr 15), blaming a series of strikes and a slower than planned ramp up of capacity, in a profit...
Goldman Sachs’ profit beats as investment banking fuels highest earnings since 2021
GOLDMAN Sachs’ first-quarter profit beat Wall Street estimates as a recovery in underwriting and dealmaking boosted its investment banking unit, helping it post the highest earnings per share since...
Debt instruments, funding costs remain in focus as Reits report Q1 earnings
HIGHER cost of funding is likely to continue to weigh on distributions for Singapore-listed real estate investment trusts (S-Reits) in the upcoming reporting season. Analysts told The Business Times...
US: Wall St opens lower after mixed big bank earnings
WALL Street’s main indexes opened lower on Friday (Apr 12) as most megacap growth stocks and chipmakers receded, while some big banks dipped after dour quarterly results.The Dow Jones...
Asia: Stocks struggle to track Wall Street higher, earnings in focus
ASIAN markets mostly fell on Friday as traders struggled to build on Wall Street’s positive lead, with hopes for a June interest rate cut fading, while earnings season gets...
Wall Street sees earnings propelling defiant stock rally onward
MOVE over interest rates, it is time for corporate earnings to fuel the next leg of the record-breaking stock market rally.Wall Street strategists are optimistic that Corporate America will...
Frasers Property expects ‘significant’ drop in H1 earnings on fair value losses, impairment
FRASERS Property is expecting to report a “significant decrease” in net profit for the first half of its current fiscal year ended Mar 31 compared with the corresponding prior...
US: Wall St ends flat as investors await CPI, earnings
US STOCKS were essentially unchanged at the close of a choppy session on Monday (Apr 8), with a solar eclipse offering distraction ahead of crucial inflation data and the...
