ING Groep Backs Guidance But Net Profit Slips
ING Groep reported a fall in first quarter net profit after net interest income dropped, and backed its full-year guidance. The Dutch lender on Thursday said net profit for the quarter was 1.58 ...
Morningstar41m
Standard Chartered Posts Higher Profit on Trading Gains — Update
Standard Chartered posted a rise in first-quarter net profit due to higher trading income, despite lower earnings from its lending business. The London-based bank said Thursday that net profit rose ...
EMEA Morning Briefing: Shares Set to Open Mixed in the Wake of Fed Remarks
Treasury yields were mixed in Asia after the Fed confirmed expectations of another hold and as Chair Powell stuck to the data-dependency rhetoric while avoiding indicating another interest rate ...
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NIO Shares Jump After Strong Sales Amid EV Price War
NIO's shares rose sharply in Hong Kong after the Chinese electric-vehicle maker's deliveries more than doubled in April. Shares of the Shanghai-based company rose 23% to 43.85 Hong Kong dollars ...
DBS 1Q Earnings Beat Expectations
Total income was up 13% on the year to S$5.56 billion, with net interest 8% higher at S$3.65 billion. The bank, one of Southeast Asia's largest by assets, said net fee and commission income rose 23% ...
NAB's Interim Profit Falls 12%, Share Buyback Increases — Update
SYDNEY--National Australia Bank reported a 12% decline in half-year net profit amid ongoing competition in mortgages and announced it will increase its share buyback by 1.5 billion Australian dollars ...
NAB's Interim Profit Falls 12%, Share Buyback Increases
SYDNEY-- National Australia Bank reported a 12% fall in half-year net profit amid ongoing competition in mortgages and announced it will increase its share buyback by 1.5 billion Australian dollars ...
Why the End of Quantitative Tightening Matters
On Wednesday afternoon, the Federal Reserve announced an important change in its strategy for reducing the bonds it holds on ...
10 Top-Performing Dividend Stocks of the Month
Over the past month, the Morningstar Dividend Leaders Index, which captures the 100 highest-yielding names, fell 3.4%. The ...
MetLife 1Q Revenue Higher But Below Estimates
MetLife posted softer-than-expected revenue growth in its latest quarter. The insurer logged net income of $867 million for the first quarter ended March 31, up from $80 million a year earlier.
Marathon Petroleum Earnings: No Change to Competitive Position, but Shares Look Expensive
The outlook for the refining market remains robust, with strong demand and limited capacity additions.
Starbucks Earnings: Not a Lot to Like About Results as Global Traffic Sputters
During the quarter, sales of $8.56 billion and diluted earnings per share of $0.67 fell materially shy of our $9.43 billion ...