Business
Coty Shares Drop as Much as 17 Percent After Wider-than-expected Q4 Loss
After closing down just 0.5 percent at $4.86, Coty’s stock price dropped more than 17 percent in after-hours trading Wednesday after a…
Tag
earnings
Business
US: Wall St subdued at open on mixed retail earnings ahead of Fed meet
Wall Street’s main indexes were subdued at the open on Wednesday (Aug 20) as investors assessed uneven earnings from retailers such as…
Business
Estée Lauder’s Sales Decline in Fourth Quarter, Tariffs to Impact Profitability by $100 Million Next Year
The Estée Lauder Cos. saw net sales slide 12 percent in its fourth quarter and the company expects tariff-related headwinds to impact…
Business
US: Dow opens higher as Home Depot puts focus on retail earnings
The blue-chip Dow opened higher on Tuesday (Aug 19), aided by a rise in shares of Home Depot after the retailer kept its annual forecasts…
Business
Manolo Blahnik’s DTC Strategy Means Less Wholesale, More Stores
Manolo Blahnik‘s strategic shift to direct-to-consumer is taking hold. The brand’s financial results for the year ended Dec. 31, 2024,…
Business
Pop Mart earnings may fuel rally as shares trail price target
Pop Mart’s first-half earnings and outlook commentary may provide a fresh reason for investors to build positions in the shares after a…
Business
Fila Parent Company Misto Holdings Reports Q2 Revenue Gains Despite Economic Uncertainty
Fila parent company Misto Holdings delivered growth in the second quarter despite economic slowdown and weakened consumer sentiment.…
Business
US: Wall Street opens flat, focus on retail earnings and Fed summit
Street’s main indices were subdued at the open on Monday (Aug 18), in a quiet start to a week packed with corporate earnings reports from…
Business
National Australia Bank third-quarter cash earnings rise marginally
ONAL Australia Bank reported a slight increase in its cash earnings for the third-quarter on Monday, helped by improved margins and growth…
Business
CNMC Goldmine surges over 10% on record H1 earnings
Soaring gold prices and higher production spur the gold producer’s 256.1% rise in net profit for the first half of 2025 Shares of CNMC…
Business
Europe: Stocks close at two-month highs propelled by earnings, defence stocks
EUROPEAN shares closed at their highest level in more than two months on Thursday, with aerospace and defence stocks and financials…
Business
CapitaLand Investment drops 3.5% on lower H1 earnings
At the midday trading break, its shares were down by 4.3% at S$2.70 – their lowest price in more than a month Shares of CapitaLand…
Business
ST Engineering H1 earnings up 19.7% at S$402.8 million on back of defence demand in Europe, Middle East
Singapore Technologies Engineering (ST Engineering) on Thursday (Aug 14) posted a 19.7 per cent increase in net profit to S$402.8 million…
Business
CSE Global H1 earnings up 8.5% to S$16.3 million, boosted by growth of communications business
Technology solutions provider CSE Global reported a profit of S$16.3 million for the first half of FY2025, up 8.5 per cent from the…
Business
ComfortDelGro’s H1 2025 earnings rise 11.2% to S$106 million
Transport operator ComfortDelGro (CDG) reported on Wednesday (Aug 13) an 11.2 per cent increase in earnings for the first half of 2025 to…
Business
Shopee, Monee power Sea Q2 earnings; shares soar 18.9% on NYSE
Its counter is up 64.1% in the year to date and has quadrupled since its low of US$34.82 at the start of 2024 Sea Limited shares on the…
Business
Sea reports 418.3% surge in Q2 2025 earnings to US$414.2 million, on Shopee and Monee’s performance
Sea Ltd reported on Tuesday (Aug 12) a 418.3 per cent increase in its second-quarter earnings to US$414.2 million, a jump from the US$79.9…
Business
Skechers Beat Expectations in Q2 as Shoe Firm Continues on Path to Go Private
Skechers quietly released its second quarter earnings after the market closed on Friday as the company continues its work to go private.…
Business
Sri Trang Gloves Q2 earnings drop by 79.6% to 77.1 million baht
Sri Trang Gloves posted a net profit drop of 79.6 per cent year on year to 77.1 million baht (S$3.1 million) for the quarter ended June,…
Business
Thai Airways shares soar to seven-year high after earnings jump
Its market value has reached more than 407.5 billion baht (S$16.2 billion), making it the fifth-largest carrier in Asia Thai Airways…
Business
Sembcorp H1 earnings flat at S$536 million on lower gas revenue
But the company raises its interim dividend to S$0.09 per share, from S$0.06 per share Sembcorp Industries saw earnings fall 1 per cent to…
Business
Sembcorp declares ‘shopping season’ with strong Singdollar, even as earnings take a hit
Sembcorp Industries wants to take advantage of the stronger Singapore dollar to go “shopping” for deals, even as the company’s shares…
Business
Instacart posts strongest order growth since 2022, beats earnings estimates
Instacart posted its strongest order growth since 2022 for a second straight quarter and beat earnings estimates for the current period, a…
Business
Allbirds Stock Sinks as Company Lowers Yearly Guidance
Shares of Allbirds Inc. dropped over 16 percent in after-market trading on Thursday as the footwear company lowered its guidance for the…