Quarter
Delta forecasts record fourth quarter profit on improved pricing, strong holiday bookings
DELTA Airlines said on Thursday (Oct 10) that the current quarter has shaped up to be one of the most profitable fourth quarters in its history, with improved pricing...
Shell sees strong natural-gas production in third quarter
SHELL saw continued strong performance from its natural gas and upstream businesses in the third quarter, even as oil-refining margins declined and it expects to lose money in chemicals.
Integrated...
Rate cuts set gold on track for best quarter in eight years
GOLD prices were heading for their best quarter in more than eight years on Friday (Sep 27), having hit a series of record highs in recent sessions as the...
Tesla’s potential ‘best quarter’ in China raises expectations
WITH Tesla possibly looking at its “best quarter ever” in China, Wall Street pros are rushing to increase their outlooks for the electric vehicle (EV) maker’s quarterly sales.At least...
Blackstone signals deal exits will remain muted this quarter
BLACKSTONE, the world’s largest alternative asset manager, signalled that profits from selling deals will remain subdued this quarter.The firm disclosed two preliminary profit measures tied to realisations from the...
Ringgit poised to sustain rally after best quarter in 50 years
THE Malaysian ringgit is set for its best quarter since 1973, with a likely refrain by the central bank from cutting interest rates seen to extend the currency’s rally.The...
Citi CFO expects investment banking fees to rise 20% in third quarter
CITIGROUP’S investment banking fees are expected to jump 20 per cent in the third quarter from a year earlier, chief financial officer Mark Mason told investors at a conference...
US bank profits jump 11% in second quarter of 2024 as expenses shrink
THE US banking industry recorded profits of US$71.5 billion in the second quarter of 2024, up 11.4 per cent on the prior quarter, the Federal Deposit Insurance Corporation (Fdic)...
