NEW YORK (dpa-AFX) – The US stock market continued to bob up on Tuesday. The S&P 500 Index (S&P 500) had struggled to hit a record high in early trading, but then ran out of steam. In the end, there was no great joy, because the positive and negative were roughly in balance with the … Read more
– German Pfandbriefbank Earnings before taxes in the third quarter amounted to 75 million euros. – (Photo: dpa) – – – – Deutsche Pfandbriefbank AG stops refinancing hotels and shopping centers. The risks here are particularly high due to the corona crisis and looming sales losses due to government lockdown measures. “PBB has not made … Read more
NEW YORK (AP-AFX) – Some disappointing quarterly reports from well-known tech giants like Apple weighed on the US stock exchanges on Friday. In addition, the new corona infections continue to cause concern. At the start of trading, the Wall Street Index Dow Jones Industrial (Dow Jones 30 Industrial) lost 0.50 percent to 26,526.21 points. The … Read more
– London Skyline The accounting season in the third quarter brings some bright spots for British banks. – (Foto: Bloomberg) – – – – Hongkong, London Several British banks released quarterly figures this Thursday. At Standard Chartered Bank, loan defaults and low interest rates have depressed profits. Adjusted earnings before taxes fell 40 percent to $ … Read more
Kraft Heinz, the American counterpart of Unilever, closed the third quarter with sales of 6.44 billion dollars (about 5.5 billion euros). That is an improvement compared to the same period a year earlier, when sales of 6 billion dollars were realized. This is evident from the quarterly figures of Kraft Heinz on Thursday. Turnover was … Read more
– Nordea-Logo The money house showed an operating profit of 1.09 billion euros, after a loss of 421 million euros in the same quarter of the previous year. – (Photo: Reuters) – – – – Helsinki The largest Scandinavian bank benefited in the third quarter from growing lending and the disappearance of burdens from bad … Read more