The Swiss National Bank posted a loss for the first nine months of the year as the appreciation of the Swiss franc and rising interest rates hit its investments in Read more
Tag: loss
Opinion: A $3 trillion loss: Big Tech’s horrible year is getting worse
Big Tech companies are taking a heavy beating this week, to the tune of more than $255 billion in lost market capitalization that’s helped make a bad year even worse Read more
Swiss Re reports quarterly loss due to U.S. Hurricane Ian-related claims
Swiss Re AG said Friday that claims related to Hurricane Ian in the U.S. drove it to a third-quarter loss as its property & casualty business suffered. The Zurich-based reinsurer Read more
Shopify stock rises as earnings show smaller loss than expected
Shopify Technology Inc. shares were headed higher in premarket action Tuesday after the e-commerce company notched a smaller loss than anticipated and forecast that its operating-expense growth rate will fall Read more
Shopify stock rises as earnings show smaller loss than expected
Shopify Technology Inc. shares were headed higher in premarket action Tuesday after the e-commerce company notched a smaller loss than anticipated and forecast that its operating-expense growth rate will fall Read more
Credit Suisse swings to $4.09 billion loss as revenue drops 30%
Credit Suisse Group AG on Thursday swung to a larger-than-expected third-quarter net loss, with the bank saying earnings were significantly affected by the continued challenging market and macroeconomic conditions, leading Read more
Credit Suisse swings to $4.09 billion loss as revenue drops 30%
Credit Suisse Group AG on Thursday swung to a larger-than-expected third-quarter net loss, with the bank saying earnings were significantly affected by the continued challenging market and macroeconomic conditions, leading Read more
Boeing stock slips on widening Q3 loss and revenue miss amid ‘challenging environment’
Boeing Co. reported a widening third-quarter loss and revenue that missed analysts’ estimates by almost $2 billion early Wednesday amid what the company’s CEO described as a “challenging environment.” Boeing’s Read more
Boeing stock moves lower premarket after Q3 loss widens and revenue misses by almost $2 billion
The Boeing Co. stock BA, +3.24% fell 1.5% in premarket trade Wednesday, after the company’s third-quarter loss widened and revenue missed consensus estimates by almost $2 billion. The aerospace giant Read more
Philips to cut 4,000 jobs ‘immediately’ after bigger-than-expected loss
Royal Philips NL, +3.00% PHIA, -2.66% on Monday said it will “immediately” cut 4,000 jobs after reporting a bigger-than-expected loss on Monday. Roy Jakobs, chief executive officer, announced the layoffs Read more