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Chubb Limited has reported first quarter net income of $2.14 billion, up 13.3 per cent from the comparative period last year, as consolidated net premiums written of $12.2 billion represented a 14.1 p
Facebook-owner Meta on Wednesday said its quarterly profits soared last quarter as the company continues to see stellar ad growth across its family of world-leading social media apps. The company founded by Mark Zuckerberg said that net profit in the January to March period rose to $12.4 billion with total
MONTREAL — Canadian National’s revenue and profits declined in the first quarter as freight volume was flat and costs rose. “Q1 was a solid quarter. It played out as we expected and it set us up well for the growth that we see ahead of us,” CEO Tracy Robinson told investors and analysts on the []Read More
The average price of rent in Toronto has declined for the third month in a row, according to a recent report by rentals.ca. According to the April report, the average asking price for a Toronto rental apartment decreased in April and is now down 0.7 per cent month-over-month to an average $2,782. The slowdown began in Oct. 2023 – the first time that the Toronto rental market lowered in cost since August 2021. However, Toronto remains among one of the most expensive cities in Canada to...
JACKSONVILLE, Fla. — CSX reported weaker first-quarter profits today as revenue fell despite higher freight volumes. “Working together, the ONE CSX team delivered a good start to the year that was in line with our expectations,” CEO Joe Hinrichs said in a statement. “We were pleased to see our consistent customer service performance lead to []Read More
Grade 12, high honors: Dakota Cahill, Kolby Carpenter, Jayden Cates, Devyn DeLeonardis, Cooper Dellarma, Joyanna Jones, Summer Lindblom, Alyssa Schinzel, Hailey Wyman; honors: Riley Crocker, Trevor Donahue, Molly Hay, Nevaeh […]
British stock trading app Freetrade hit breakeven earlier this year, the company told CNBC, marking its first-ever move into the black.
Global equity markets rallied in the first quarter as expectations grew that the world's major central bank's were done with monetary policy tightening and would pivot to rate cuts, resulting in a jump in assets under management (AUM). The company's AUM jumped to $10.47 trillion in the first quarter, up 15% year-on-year, helped by rising markets and inflows. BlackRock registered $57 billion of total net inflows in the quarter, down from $110 billion a year earlier.
Shares of French luxury group Kering sank more than 9% Wednesday after the company warned it expects a sharp downturn in first-half profits as demand for its Gucci brand continues to wane.
CINCINNATI, April 19, 2024--The Procter & Gamble Company (NYSE:PG) reported third quarter fiscal year 2024 net sales of $20.2 billion, an increase of one percent versus the prior year. Organic sales, which excludes the impacts of foreign exchange and acquisitions and divestitures, increased three percent. Diluted net earnings per share were $1.52, an increase of 11% versus prior year.
Abbott Laboratories beat Wall Street estimates for quarterly profit on Wednesday and raised the lower end of its annual forecast on robust sales of its medical devices, including glucose-monitoring products. Sales of Abbott's medical devices have been strengthened in recent quarters due to a resurgence in the demand for joint replacements as well as other surgeries delayed during the COVID-19 pandemic. Industry bellwether and rival Johnson & Johnson said on Tuesday it continues to expect...