Business
Visa profit beats expectation on resilient consumer spending
VISA’S fourth-quarter profit beat Wall Street expectations on Tuesday (Oct 29), as consumers set aside worries of a slowing economy and…
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beats
Business
HSBC to buy back US$3 billion shares as profit beats estimates
HSBC Holdings announced a fresh multi-billion US dollar stock buyback as it reported better-than-estimated earnings days after unveiling a…
Business
Mattel beats profit estimates on cost controls but trims annual sales forecast
MATTEL topped Wall Street estimates for quarterly profit as the Barbie parent kept a tight leash on costs but lowered its annual sales…
Business
Nvidia supplier SK Hynix posts record Q3 profit, beats forecasts
SOUTH Korea’s SK Hynix on Thursday posted a record quarterly profit as the Nvidia supplier saw strong sales of its advanced chips such as…
Business
AmEx profit beats estimate on robust customer spending
American Express reported third-quarter profit above Wall Street estimates on Friday (Oct 18), as higher spending on its cards offset a…
Business
TSMC’s Q3 profit handily beats forecasts on AI boom
TAIWAN Semiconductor Manufacturing Company (TSMC), the dominant producer of advanced chips used in artificial intelligence (AI)…
Business
Uniqlo owner Fast Retailing posts 31% rise in full-year profit, beats estimates
JAPAN’S Fast Retailing, owner of clothing brand Uniqlo, booked its third consecutive year of record earnings on Thursday (Oct 10), boosted…
Business
TSMC’s third-quarter revenue easily beats market forecast
TAIWAN Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker, reported on Wednesday (Oct 9) third-quarter…