Profits Warnings

Wednesday, 10 August 2022

Latest News for: Profits warnings

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Most Asian shares climb ahead of inflation data

The Manila Times 10 Aug 2022

Now investors are on edge ahead of Wednesday's figures, with some observers warning an above-estimate reading on inflation, which is already at a four-decade high, could spur another sharp market sell-off ... "Nvidia's profit warning merely serves to underline the challenges facing not only the tech sector, but the wider global economy," he added.

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Two homes, a luxury car and bank accounts totalling $4.4million seized by police from a ...

The Daily Mail 10 Aug 2022

'The AFP is relentless in pursuing every legal avenue to deprive criminals of their ill-gotten wealth, taking the profit out of their crimes and disrupting future criminal operations,' he said. Commander Fry warned criminals the AFP will track down and seize their proceeds of crime ... RELATED ARTICLES ... Daily... .

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Health Care — US announces new monkeypox vaccine strategy

The Hill 10 Aug 2022

Tonight, we’ll get to see the last supermoon of 2022, called the “Sturgeon Supermoon” because it’s around this time that it’s easiest to catch sturgeon in the Great Lakes ... ... ... Energy & Environment — Dems eye increased oil profit tax after record quarter Hillicon Valley — US warns against North Korea cyber capabilities ... .

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Another day, another profits warning – but here's why you should stick by Smith & Nephew

The Daily Telegraph 09 Aug 2022

Just when it seemed like Smith & Nephew was making progress, the FTSE 100 company has dished out another profits warning ... However, he then warned that profit margins would undershoot expectations and fall to 17.5pc from last year’s 18pc.

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Munich Re posts 31% fall in Q2 net profit but keeps 2022 profit target

Reuters 09 Aug 2022

FRANKFURT, Aug 9 (Reuters) - Munich Re (MUVGn.DE) on Tuesday said it posted a 31% fall in net profit in the second quarter, as it took writedowns on investment losses on stocks, but it confirmed its 2022 profit target ... Net profit in the quarter of 768 ...

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Investors poured the most money into tech stocks since 2008 last week - but earnings ...

Business Insider 09 Aug 2022

Weakness in the tech sector was heightened this week after Nvidia issued a profit warning and said its revenue in the quarter would track more than $1 billion below its prior guidance due to ongoing weakness in the gaming sector. Shares of Nvidia have plunged by more than 10% since Monday's profit warning.

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Q2 growth lifts stock market; Ayala Land and SM Prime rise

Manila Standard 09 Aug 2022

Now, investors are on edge ahead of Wednesday’s figures, with some observers warning that an above-estimate reading on inflation, which is ... “Nvidia’s profit warning merely serves to underline the challenges facing, not only the tech sector, but the wider global economy.” With AFP .

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Where can you invest your money, and what risks involved

Joy Online 09 Aug 2022

A share is a unit of ownership or equity in a company that allows you to vote in its meetings (depending on the type of share) and share in its profits and losses ... The bid is the true market value of that share, and the Ask is the price the broker will sell to you so he can make a profit ... Your profit is the difference in buy and sell prices.

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Abrdn tumbles to £289m first-half loss as British asset manager's woes are compounded by market volatility

The Daily Mail 09 Aug 2022

The Scottish fund manager fell to a £289million loss in the first half of 2022, against a £102million profit the previous year, as it warned that revenue and profitability targets might take longer than planned to achieve ... of 2022, against a £102million profit the previous year.

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Good inflation news: Online shopping prices are suddenly falling fast

Lodi News Sentinel 09 Aug 2022

Walmart, Target and Best Buy have all recently warned of an inventory glut that is eating into profits and prompting price cuts ....

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EU opening new Silicon Valley office as it ramps up rules for Big Tech

The Hill 09 Aug 2022

The European Union is opening a new liaison office in California’s Silicon Valley to streamline communication with U.S ... The office will open on Sept. 1, according to the newspaper ... Wyden introduces bill to double tax on excess oil profits North Korean-sponsored crypto hacks on the rise, experts warn ... .

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Chattanooga planning board backs zoning change to rebuild, reopen Lamar's hotel and restaurant

Times Free Press 09 Aug 2022

King Boulevard ... 12 ... SoftBank Group's loss of 3.16 trillion yen was a reversal from its 762 billion yen profit in the same quarter a year earlier ... Although Softbank's portfolio is not directly exposed to the war in Ukraine, the company warned that global uncertainty as well as inflation and soaring energy costs hurt profitability ... ADVERTISEMENT ....

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AP Business SummaryBrief at 6:32 p.m. EDT

SCNOW Morning News 09 Aug 2022

BERLIN (AP) — BioNTech, which teamed with Pfizer to develop a powerful COVID-19 vaccine, has reported higher revenue and net profit in the first half of the year ... Although Softbank's portfolio is not directly exposed to the war in Ukraine, the company warned that global uncertainty as well as inflation and soaring energy costs hurt profitability.

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