Estimates
TSMC estimates losses of US$92.4 million due to Taiwan earthquake
TAIWAN chipmaker TSMC said the biggest earthquake in at least 25 years that struck the island on April 3 caused estimated losses of US$92.44 million to the company in...
TSMC estimates losses of US$92.4 million due to Taiwan earthquake
TAIWAN chipmaker TSMC said the biggest earthquake in at least 25 years that struck the island on April 3 caused estimated losses of US$92.44 million to the company in...
India’s Infosys misses fourth-quarter revenue estimates
INFOSYS reported lower-than-expected fourth-quarter revenue on Thursday (Apr 18), in a seasonally weak period for India’s No 2 IT services provider, as cautious clients curtailed spending amid macroeconomic uncertainties.
Revenue...
China’s top lenders face 1.6 trillion yuan loss-absorbing capital shortfall by 2025, Fitch estimates
CHINA’S five globally systemically important banks would have a shortfall in their total loss absorption capital (TLAC) of 1.6 trillion yuan (S$301 billion) by January 2025, Fitch Ratings estimates,...
BHP to decide on future of nickel business by August, trims met coal estimates
BHP Group on Thursday (Apr 18) said it expects to announce the fate of its Western Australian nickel operations by August, while it trimmed fiscal 2024 output estimates from...
Abbott beats quarterly profit estimates on strong medical device sales
ABBOTT Laboratories beat Wall Street estimates for quarterly profit on Wednesday (Apr 17) and raised the lower end of its forecast, as robust demand for medical procedures boosted sales...
J&J profit beats Wall Street estimates
JOHNSON & Johnson’s first-quarter profit beat estimates as the health giant’s drug sales came in higher than Wall Street analysts expected. Adjusted quarterly profit was US$2.71 a share, J&J said...
Morgan Stanley profit beats estimates as investment banking rebounds, wealth grows
MORGAN Stanley’s first-quarter profit beat estimates on Tuesday (Apr 16), fuelled by a resurgence in investment banking and growth in wealth management, sending shares up 1.8 per cent.
Investment banking...
