Samsung's Chip Profit Drives Another Record Quarter
The company reported its fourth consecutive quarter of record earnings, though the results fell short of lofty expectations.
----
Shell to Launch $5 Billion Share Buyback as Earnings Soar
The British energy major saw third-quarter earnings double and cash flow increase, leading it to hike its share buyback.
----
Haleon Shares Dive After Advil Maker Cuts Guidance
Performance was held back by weaker sales in cough, cold and flu products, particularly with lower orders in North America.
----
TotalEnergies Profit Surges on High Energy Prices
The French energy major said it benefited from a high-price environment characterized by historically high refining-margin levels and a favorable natural-gas market.
----
Volkswagen Presses Ahead With Restructuring as Headwinds Mount
The automaker backed full-year guidance that was cut last month, but said it must move fast to implement restructuring plans as it continued to face multiple headwinds.
----
Geely Profit Climbs as Overseas Sales Offset Slowing China Demand
The carmaker has been expanding its overseas presence to diversify revenue sources and offset slowing domestic demand.
----
Bud Light Brewer AB InBev Says Alternative Drinks Help Steady Slide in Beer Volumes
A shift toward non-beer drinks helped cushion a drop in third-quarter global beer volumes, extending a rebound as alternative beverage volumes climbed 4%.
----
SpaceX Supplier STMicroelectronics Forecasts Strong Sales on AI, Satellite Boost
The European chip maker's gross margin should increase to about 36.4% from 33.9% last year.
----
Hyundai Motor Net Profit Falls on Weaker Sales, Cuts Outlook
Global wholesale vehicle sales fell 11% in the third quarter
----
ING Launches Buyback But Flags Job Cuts and Unit Restructuring
The Dutch bank launched a new buyback program of $1.84 billion and set out plans to restructure its wholesale banking unit.
----
BBVA Posts Higher Profit on Top-Line Growth
The Spanish lender benefited from strong lending activity in its key Spanish and Mexican businesses that boosted revenue growth.
----
Societe Generale Posts Profit, Revenue Increase in 3Q
Societe Generale reported third-quarter net profit that beat market expectations despite a volatile macroeconomic backdrop in its home country.
----
Tech Giants Ramp Up Resistance to ICE in Bid to Avoid Democratic Scrutiny
Google, Meta and other tech firms are pushing back against broad ICE demands for user data as the federal agency scours platforms for immigration speech.
----
The Beleaguered Chip Sellers Getting Their Revenge on Apple
The iPhone maker for years bullied flash-storage makers into steep discounts-until AI hyperscalers bid up prices and gobbled up supply.
----
Weil Gotshal Taps AlixPartners to Steer Wind-Down
The restructuring advisory firm will help dissolve the New York law firm after a wave of partner departures forced it to announce Wednesday it was shutting down.
----
Microsoft Quarterly Profit Soars as Cloud Growth Accelerates
The company's cloud business growth continued to accelerate, contributing to a higher profit and easing jitters over potential returns from the AI build-out.
Comments