Profit
Blackstone tops profit estimate as its assets hit record, dealmaking picks up
BLACKSTONE beat Wall Street’s expectations on its key quarterly earnings metric on Thursday (Oct 17), as the world’s largest alternative investment firm’s assets under management (AUM) hit a record...
TSMC’s third-quarter profit handily beats forecasts on AI boom
TAIWAN Semiconductor Manufacturing Company (TSMC), the dominant producer of advanced chips used in artificial intelligence (AI) applications, reported on Thursday (Oct 17) a forecast-beating 54 per cent jump in...
TSMC’s Q3 profit handily beats forecasts on AI boom
TAIWAN Semiconductor Manufacturing Company (TSMC), the dominant producer of advanced chips used in artificial intelligence (AI) applications, reported on Thursday (Oct 17) a forecast-beating 54 per cent jump in...
Nokia Q3 profit beats expectation, sees signs of recovery
FINNISH telecom equipment supplier Nokia on Thursday (Oct 17) reported a 9 per cent rise in third-quarter operating profit, and echoed rival Ericsson in seeing demand recovery in some...
China Life says profit to jump up to 185% on market rally
CHINA Life Insurance said profit for the first nine months is expected to increase as much as 185 per cent, buoyed by investment returns.
The country’s largest life insurer...
Morgan Stanley’s profit jumps on recovery in dealmaking
MORGAN Stanley’s profit rose in the third quarter, fuelled by a rebound in dealmaking that also helped its rivals.
The investment bank reported a profit of US$3.19 billion on Wednesday...
Morgan Stanley profit exceeds forecasts on dealmaking surge; shares jump to record
MORGAN Stanley’s profit surpassed estimates on a bumper third quarter for investment banking that had also buoyed rivals, sending its stock to a record.
A revival in corporate debt issuance,...
Citigroup profit drops on bigger stockpiles for potential loan losses
Citigroup’s profit fell 9 per cent in the third quarter as it set aside more money to cover loans that may not be repaid, particularly on credit cards.The third-largest...
