© Reuters. What to watch as fourth-quarter earnings kick into high gear By Lewis Krauskopf NEW YORK (Reuters) – U.S. corporate reporting season is expected to show lackluster profit growth, and it has already gotten off to a bumpy start, with big banks kicking off the fourth quarter to mixedRead More →
© Reuters. Qualcomm Earnings, Revenue Beat in Q4 Investing.com – Qualcomm (NASDAQ:) reported fourth-quarter results that topped forecasts. The chipmaker also said appointed Akash Palkhiwala as chief financial officer on a permanent basis. The firm reported earnings per share (EPS) of $0.78 on revenue of $4.81 billion. Analysts polled byRead More →
Risks of a U.S. corporate bond selloff often run high into the final months of the year when liquidity can get pinched and credit spreads widen. But this year could be particularly painful for investors who took up corporate bonds at today’s relatively low spreads, which are the level ofRead More →
© Reuters. Illustration photo of a Lenovo logo By Sijia Jiang HONG KONG (Reuters) – China’s Lenovo Group reported a more than three-fold increase in its quarterly profit as strong computer sales helped the world’s largest personal computer (PC) maker to beat market expectations. Lenovo’s net profit in the quarterRead More →
© Reuters. FILE PHOTO: Logo of Swiss bank UBS is seen in Zurich By Brenna Hughes Neghaiwi ZURICH (Reuters) – UBS (S:) on Tuesday posted a $690 million fourth-quarter pre-tax profit, hit by a slowdown in its flagship wealth management business and weaker earnings in its investment bank. On anRead More →
© Reuters. Traders work at the post where UnitedHealth Group is traded on the floor of the NYSE in New York (Reuters) – UnitedHealth Group Inc (N:), the largest U.S. health insurer, reported a better-than-expected quarterly profit on Tuesday, mainly helped by growth in its services business. Revenue from Optum,Read More →
