Browsing: earnings

Germany’s second-largest lender Commerzbank on Thursday announced it will eliminate 3,900 full-time positions by 2028, largely in its native Germany, as it unveiled a spate of…

Chris Ratcliffe | Bloomberg | Getty ImagesBritish bank Barclays on Thursday posted a rise in full-year pre-tax profit that came in just ahead of analyst expectations,…

Italy’s second-largest lender UniCredit on Tuesday posted a fourth-quarter profit beat, but guided a slight slowdown in 2025 revenues amid expected declines in net interest income.Net…

This news is developing. Please check back here for updates. PayPal CEO Alex Chriss has said it would take time for the company’s technology-focused strategy shift to…

BEIJING — Chinese tech giant Baidu on Thursday posted a 3% annual drop in third-quarter revenue, nevertheless beating market expectations amid AI cloud growth.The revenue print…

Medical debt is the leading cause of personal bankruptcy in the U.S.getty High healthcare costs and the prospect of unexpected medical bills are leading worries for…

Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 4, 2024.CNBCWarren Buffett sold another big chuck of his Apple stake,…

Amid a high-stakes merger review process, Capital One Financial reported stronger-than-expected quarterly net income on Thursday, citing revenue growth in both its auto lending business and…

Third quarter earnings season kicked off with a bang last week. As they do every quarter, the big investment banks launched the reporting season for quarterly…

UPDATE: This story includes information from Ally’s earnings call and commentary from analysts.Ally Financial’s new management is confident that its recent problems, which stem from some…