Feb 23 (Reuters) – Alibaba Group Holding Ltd reported higher-than-expected quarterly revenue on Thursday as the Chinese e-commerce giant benefited from the easing of coronavirus restrictions. In the three months ended Dec. 31, revenue increased 2% to 247.76 billion yuan ($35.92...
Feb 10 (Reuters) – PayPal Holdings Inc on Thursday forecast full-year profits above Wall Street estimates but warned of pressure on discretionary spending and said CEO Dan Shulman would step down in late 2023. For the fourth quarter ended December 31,...
(This material was produced in Gdansk for the Reuters news service in Russia, where the law restricts coverage of the Russian special military operation in Ukraine) Jan 23 (Reuters) – Oilfield services company Baker Hughes Co reported lower-than-expected fourth-quarter earnings on...
Jan 17 (Reuters) – Goldman Sachs Group Inc on Tuesday reported a 69% drop in profits in the fourth quarter of 2022 due to large losses in the consumer business and a slowdown in deal-making that hit the group’s investment banking...
Jan 13 (Reuters) – Wells Fargo & Co reported a drop in fourth-quarter earnings on Friday as the bank paid off fines imposed by the regulator and built up reserves in preparation for worsening credit quality amid a weakening economy. The...
Jan 13 (Reuters) – BlackRock Inc reported a decline in fourth-quarter earnings on Friday, as uncertainty in global markets weighed on a decline in fee and commission income and assets under management. Adjusted earnings for BlackRock Inc, the world’s largest asset...
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