RESULTS

Zoom forecasts sales surge as video conferencing becomes a daily routine

Zoom forecasts sales surge as video conferencing becomes a daily routine

Published 31/08/2020

(Reuters) - Zoom Video Communications Inc raised its annual revenue forecast by more than 30% after comfortably beating quarterly estimates on Monday as it converts [more…]

China’s Geely Automobile trims full-year sales outlook after profit plunge

China’s Geely Automobile trims full-year sales outlook after profit plunge

Published 17/08/2020

SHANGHAI (Reuters) - Geely Automobile Holdings Ltd on Monday booked a 43% drop in half-year profit and trimmed its full-year sales goal, sending its shares [more…]

K-Pop group BTS’ label Big Hit posts profit as it prepares for IPO

K-Pop group BTS’ label Big Hit posts profit as it prepares for IPO

Published 15/08/2020

(This August 13 story corrects to show that 2019 and 2020 H1 results are based on different accounting standards in paragraph 3, changes percentage change [more…]

Top U.S. mall operator Simon faces pandemic pain

Top U.S. mall operator Simon faces pandemic pain

Published 10/08/2020

(Reuters) - Surging COVID-19 infections in big states like California, Texas and Florida are scaring shoppers away from newly reopened malls, dealing a blow to [more…]

Saudi Aramco’s profit plunges, sees signs of oil market recovery

Saudi Aramco’s profit plunges, sees signs of oil market recovery

Published 10/08/2020

DUBAI (Reuters) - State oil giant Saudi Aramco’s profit plunged 73% in the second quarter of the year, as a slump in energy demand and [more…]

Ferrari trims full-year outlook after second-quarter earnings skid

Ferrari trims full-year outlook after second-quarter earnings skid

Published 03/08/2020

MILAN (Reuters) - Luxury carmaker Ferrari (RACE.MI) trimmed its full-year earnings forecast on Monday after second-quarter income plunged due to supply chain and production disruptions [more…]

Marathon Petroleum posts adjusted loss after announcing Speedway sale

Marathon Petroleum posts adjusted loss after announcing Speedway sale

Published 03/08/2020

(Reuters) - U.S. oil refiner Marathon Petroleum Corp posted a smaller-than-expected quarterly loss on Monday, hours after it announced the sale of its Speedway gas [more…]

Qualtrics float would be ‘win-win’ proposition: SAP CEO

Qualtrics float would be ‘win-win’ proposition: SAP CEO

Published 27/07/2020

BERLIN (Reuters) - SAP’s (SAPG.DE) plans to float online sentiment tracking business Qualtrics would be a “win-win” proposition, CEO Christian Klein said on Monday, as [more…]

SAP picked by Moderna to help distribute COVID-19 vaccine candidate

SAP picked by Moderna to help distribute COVID-19 vaccine candidate

Published 27/07/2020

BERLIN (Reuters) - Business software group SAP (SAPG.DE) has been selected by Moderna (MRNA.O) to help distribute the potential COVID-19 vaccine that the U.S. pharmaceuticals [more…]

Hasbro profit misses as production delays weigh on board game sales

Hasbro profit misses as production delays weigh on board game sales

Published 27/07/2020

(Reuters) - Hasbro Inc (HAS.O) missed analysts’ estimates for quarterly earnings and revenue on Monday, as production shutdowns due to the COVID-19 pandemic crimped the [more…]