ING profit tumbles, missing forecasts

2020-02-06

ING Groep NV on Thursday reported a significant fall in net profit for the fourth quarter of 2019, reflecting increases in risk costs, expenses and effective tax rate. The Dutch bank ING, +1.89%  made a net profit of 880 million euros ($972.4 million) for the three months ended Dec. 31Read More →

Wizz Air Raises Profit Guidance By Investing.com

2020-01-29

© Reuters. By Pauline Thomas Investing.com – Here is a summary from the most important regulatory news releases from the London Stock Exchange ahead of the U.K. market open on Wednesday 29 January. Please refresh for updates for U.K. market news from the LSE’s RNS on individual U.K. shares fromRead More →

FedEx cuts 2020 profit forecast – again

2019-12-17

© Reuters. A Federal Express Ground truck travels down a highway through Carlsbad, California By Lisa Baertlein (Reuters) – FedEx Corp (NYSE:) on Tuesday issued its second warning for fiscal 2020 profit as it spent heavily to launch Sunday delivery in time for the holidays, the continued tariff fight restrainedRead More →

Credit Suisse profit soars and beats expectations

2019-10-30

Editor’s note: A previous version of this report misstated analysts’ expectations for revenue in the fifth paragraph. AFP/Getty Images The logo of Swiss banking giant Credit Suisse is seen on October 17, 2017 in Zurich. Credit Suisse Group AG (CS) said Wednesday that third-quarter net profit more than doubled, beatingRead More →