Tag: Financial Performance
Shree Cement Q4 Results: Net profit up over a fifth to Rs 662 crore, EBITDA at all-time high
MUMBAI – Shree Cement’s net profit rose by more than a fifth in the March quarter helped by sales volume growing by 8% to 9.53 [Read more about this post…]
Chegg says benefits of AI push will ‘take time’ as sales forecast comes up short
Shares of Chegg Inc. slipped after hours on Monday, after the education-technology platform forecast first-quarter sales that were below expectations and said it was “too [Read more about this post…]
L’Occitane shares rise on report of potential Blackstone offer
L’Occitane International’s shares rose sharply after a report that Blackstone is considering a bid for the skincare company. L’Occitane’s shares 973, +8.46% gained 9.4% to [Read more about this post…]
Gap brings aboard fashion designer Zac Posen as creative director
Gap Inc. on Monday said it had appointed fashion designer Zac Posen as the clothing retailer’s new creative director and chief creative officer of Old [Read more about this post…]
Super Micro board member buys over $1 million in stock after 600% yearly surge
Super Micro Computer Inc. shares have surged more than 600% over the past year, but one board member just sent a signal of confidence by [Read more about this post…]
Fourth-quarter earnings are near halfway done. Results have gotten better.
With the U.S. fourth-quarter earnings reporting season almost halfway through, the financial industry is fretting over souring consumer credit. Companies that make shoes and clothes [Read more about this post…]
Why Spectrum parent Charter’s stock just had the worst day in its history
Charter Communications Inc. shares suffered their worst one-day drop on record Friday as the company’s latest earnings illustrated continued pressures in the cable industry. The [Read more about this post…]
Mark Zuckerberg could pay millions in taxes to the IRS on Meta dividends
Mark Zuckerberg delighted Meta shareholders and Wall Street this week with news of the social media giant’s first-ever dividend. The IRS may also be happy, [Read more about this post…]
Google parent Alphabet took a $1.2 billion hit to exit office space last quarter
Google parent company Alphabet this week reported a $1.2 billion charge in the fourth quarter to exit office space, a notable cost that largely flew [Read more about this post…]
Ugg and Hoka owner Decker Outdoor names chief executive as Dave Powers retires
Deckers Outdoor Corp. said success of its Ugg boots and Hoka running shoes drove it to its strongest profit and revenue quarter in its history, [Read more about this post…]
