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AIG’s profit beats estimates on strong underwriting, investment returns
AMERICAN International Group (AIG) sailed past Wall Street estimates for third-quarter profit on Monday (Nov 4) as the insurer benefited from strong underwriting and higher returns on investments.General insurance...
Apple results top Wall Street targets on strong iPhone sales, shares slip on outlook
APPLE’S AI-enhanced iPhone made a strong start, helping push quarterly sales ahead of Wall Street expectations, but questions about whether the rollout will continue apace were underscored by a...
Strong wealth segment likely to boost Q3 earnings at Singapore banks amid NIM headwinds
STRONG wealth management fees are likely to have continued boosting earnings at the three local banks during the third quarter of this year, according to analysts awaiting the results...
Strong wealth segment likely to boost Q3 earnings at Singapore banks: analysts
They expect local lenders to continue posting stable results amid lower net interest marginsSTRONG wealth management fees are likely to have continued boosting earnings at the three local banks...
Reddit surges to new high after strong holiday-quarter forecast
REDDIT shares surged as much as 22 per cent in extended trading on Tuesday (Oct 29) after the company’s sales and forecast beat analyst expectations.The social network operator, which...
Pfizer’s Covid-19 drug powers strong quarterly profit as activist hovers
Pfizer, which is under pressure from activist investor Starboard, on Tuesday (Oct 29) topped third-quarter estimates as sales of its Covid-19 treatment Paxlovid blew past Wall Street expectations.The US...
Brokers’ take: RHB raises ISOTeam target price on strong order book, positive outlook
RHB raised its target price for building maintenance company ISOTeam to S$0.07 from S$0.048, while maintaining its “buy” call on the counter. This comes as the research house maintains its...
Changi Airport’s Q3 passenger movements up 10% on strong North Asia traffic
CHANGI Airport had 16.8 million passengers passing through its terminals in the third quarter of 2023, up 10 per cent from the year before.
The figure was 97.4 per cent...
