News of New York

Barclays net profit nearly triples for the quarter
30 April 2021
4713
Barclays revenue and earnings Barclays Plc (LON:BARC) posted net profit of 1.704 billion pounds ($2.37 billion) in January-March, up from 605 million pounds a year earlier, the British bank said in a press release. Thus, organization's qua...
Facebook reported 48% growth in revenues and doubling of profits
29 April 2021
4373
Facebook doubled its profits Facebook shares rose 6 per cent after the company released its financial report for the first quarter of 2021, far exceeding Wall Street expectations. Fac...
Snap reports 66% revenue growth
26 April 2021
4786
Revenues beat Wall Street forecasts Snap shares reacted strongly to successful first-quarter results and high revenue growth forecasts of 80% to 85% in the second quarter, according to management expectations. Snap outperformed analysts' e...
BlackRock's quarterly profit rose by half
15 April 2021
5408
BlackRock's net profit BlackRock Inc., the world's largest investment firm by assets under management, increased its net income by 49% in the first quarter of 2021, thanks to a rebound in global markets as the...
Tencent's quarterly profit tripled
25 March 2021
4058
Tencent Holdings quarterly profit Chinese internet giant Tencent Holdings Ltd.'s fourth-quarter net profit rose 2.7 times to a record 59.302 billion yuan ($9.09 billion), up from 21.582 billion yuan in the same period in 2019. The figure was booste...
Intel to pay $2.18bn for infringement of VLSI Tech patents
3 March 2021
3309
Patent infringement fine Intel shares fell 2.6 per cent on Tuesday as the largest chipmaker was accused by a court of infringing two patents owned by VLSI Tech and is now ordered to pay $2.18bn. Intel said it would appeal. Intel (INTC) shares, up 2...
Nio reported losses and production cuts due to global chip shortages
2 March 2021
3392
Losses and production cuts Nio shares fell after the Chinese electric car maker reported larger-than-expected Q4 losses and warned it will be forced to cut production in the second quarter. Nio (NIO) shares f...
Zoom published a report and forecasts revenue growth of 42%
2 March 2021
3314
Report from Zoom Zoom reported record growth in quarterly revenues and profits, exceeding Wall Street estimates. Zoom's projections for the first quarter and full fiscal year 2022 are also above expectations. Shares in Zoom Video Communications (ZM...
Deere's quarterly profit increased 2.4 times
20 February 2021
3564
Deer's quarterly profit U.S. Deere Co (NYSE:DE)., the world's largest manufacturer of farm equipment, posted a 2.4-fold increase in net income in the first quarter of its fiscal year ended Jan. 31 to $1.22 billion, or $3.87 per share, up from $517 m...
Disney reported profits and subscribers to Disney+
12 February 2021
3642
Disney's profits Disney posted higher revenues and profits, while analysts were expecting losses. The success of streaming services has helped offset the losses of theme parks. Shares in Disney (DIS), up...
Toyota's net profit rose 1.5 times in Q3
10 February 2021
3609
Toyota Motors' earnings Japan's Toyota Motor Corp (T:7203). net profit rose 50%, or 1.5 times, to 838.7 billion yen ($8.02 billion) for the third quarter of fiscal 2021 (October-December), up from 55...
Profit of SoftBank was $ 11 billion
8 February 2021
3793
Profit of Japan's SoftBank Group Japan's SoftBank Group Corp. posted net income of 1.17 trillion yen (about $11 billion) in the third fiscal quarter, thanks to investments in Vision Funds, The Wall Street Journal reported. The company had investmen...
Nintendo's net profit doubled in the three quarters of the financial year
1 February 2021
3269
Net profit growth Net profit at Japanese gaming console and video game maker Nintendo Co (T:7974). for the third quarter of fiscal 2020-2021, up 1.9 times to 375.67 billion yen ($...
Facebook's fourth-quarter net profit doubled by half
28 January 2021
3213
Facebook's profit Net profit of US-based Facebook Inc (NASDAQ:FB). which owns the world's largest social network, rose 53%, or one-and-a-half times, to $11.22 billion in the fourth quarter of 2020. Earnings per share r...
J&J's quarterly profit fell
27 January 2021
2933
Profit better than expected US-based Johnson & Johnson (NYSE:JNJ), the world's largest manufacturer of health products, saw its net income fall 2.3 times to $1.738 billion, or $0.65 per share, in the fourth quarter of 2020, down from $4.01 billi...
FedEx quarterly profit up 2.2 times
18 December 2020
3180
Profit growth Net income for U.S. FedEx Corp (NYSE:FDX). one of the world's largest transportation and logistics companies, soared 119%, or 2.2 times, to $1.226 billion, or $4.55 per share, for the 2nd fiscal quarter ended November 30, up from $560 ...
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