Virus pounds global businesses, Netflix and soap aside
The first-quarter 2020 earnings season is as bad as expected, with the coronavirus butchering bottom lines worldwide, except those of Netflix and soap makers.
Apr 23, 2020
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Business
Page 5 - News tagged with operating profit
Business
Renault risks 'junk' credit rating, S&P warns
French automaker Renault could see its main long-term credit rating cut to below investment grade by Standard and Poor's, the agency said Wednesday, just days after Moody's lowered its own rating to "junk" status.
Feb 19, 2020
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Business
SoftBank Group nine-month net profit down nearly 70%
Major Japanese technology investor SoftBank Group said Wednesday its net profit plunged nearly 70 percent for the nine months to December as investments in sharing economy companies including WeWork and Uber took a hit.
Feb 12, 2020
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Business
Rolls-Royce expresses optimism over Brexit plans
UK enginemaker Rolls-Royce on Tuesday expressed confidence over plans for Britain's departure from the European Union, but revealed that the pound's Brexit-fuelled slump has left it languishing in the red.
Aug 6, 2019
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Automotive
Volvo Cars defies slowing market to hit record sales
Volvo Cars, the Swedish luxury brand owned by China's Geely, defied a slowing global auto market to set a record for sales in the first half of the year, although US trade war tariffs and falling prices squeezed profits.
Jul 18, 2019
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Profit (accounting)
Accounting profit is the difference between price and the costs of bringing to market whatever it is that is accounted as an enterprise (whether by harvest, extraction, manufacture, or purchase) in terms of the component costs of delivered goods and/or services and any operating or other expenses.
A key difficulty in measuring profit is in defining costs. Pure economic monetary profits can be zero or negative even in competitive equilibrium when accounted monetized costs exceed monetized price.
This text uses material from Wikipedia, licensed under CC BY-SA
