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The Swedish truck marker said Thursday that second-quarter revenue fell 12% to 122.9 billion kronor ($12.65 billion). Adjusted for currency movements, net sales decreased 5%, it said. The result ...
STOCKHOLM--Volvo Car swung to a second-quarter net loss as the deteriorating global auto market saw it book hefty restructuring and impairment charges.
It also reported a 3% increase in revenue to 1.27 billion euros while earnings before interest, taxes, appreciation and depreciation rose to 640 million euros from 562 million euros. Consensus had ...
Swedbank's earnings fell on year as lower interest rates dragged on its net interest income, but still beat market expectations.
The Swiss pharmaceutical company said Thursday that it now expects core operating profit--the company's preferred metric, which strips out exceptional and other one-off items--to grow by a low-teens ...
ABB second-quarter profit rose on an improved performance with a record-high order intake. The Swiss industrial-technology company on Thursday said second-quarter net profit rose to $1.15 billion from ...
South Korea's Supreme Court on Thursday upheld the lower courts' acquittal ruling on Samsung Electronics Chairman Lee Jae-yong to clear him of criminal charges linked to a company merger a decade ago, ...
Crypto prices had recovered but GOP lawmakers were at an impasse on crypto legislation despite President Trump's "crypto week" declaration. Bank Stress Tests Are Getting Easier. This Fed Governor ...
Dow Jones Top Company Headlines at 1 AM ET: Canadian Suitor of 7-Eleven Owner Abandons Its Multiyear, $47 Billion Bid | National-Security ... Canadian Suitor of 7-Eleven Owner Abandons Its Multiyear, ...
Nordea Bank backed its guidance as second-quarter earnings met expectations. The Helsinki-based bank on Thursday posted net profit attributable to shareholders of 1.22 billion euros, equivalent ...
WASHINGTON-President Trump denied that he was planning an attempt to fire Federal Reserve Chair Jerome Powell after polling Republican lawmakers during a closed-door meeting about whether he should ...
Dow Jones Top Energy Headlines at 12 AM ET: Kinder Morgan Results Boosted by Natural Gas Demand | Santos ... The Houston-based energy infrastructure company said its net income was driven by increased ...