Dividend Economy Europe Finance & banking Industries Stocks & shares UK World
Barclays plc (LON BARC) said on Friday it performed better-than-expected in the first quarter as impairment charges posted a sharp decline. Barclays shares tanked just under 5% in premarket trading on Friday. Including the price action, the stock is now exchanging hands at 178 pence per share. In comparison, it had started the year at a per-share p...
Economy Europe Finance & banking Industries Stocks & shares UK World
admin April 27, 2021
HSBC Holdings plc (LON: HSBA) said on Tuesday that its net profit in the first quarter posted an over 100% growth on a year over year basis. The company attributed the increase to improvement in the economic outlook that enabled it to release allowances it had set aside for expected loan losses. CFO Ewen Stevenson said: “We are still being relative...
Economy Europe Finance & banking Industries Services Stocks & shares World
admin April 22, 2021
Credit Suisse Group AG (ETR: CSX) said on Thursday its net loss in the first quarter came in at £198.40 million, attributed to a roughly £3.41 billion hit from the recent Archegos scandal that more than offset robust performance at its investment banking and wealth management segments. Credit Suisse shares closed the regular session about 1% up on ...
Economy Europe Finance & banking Industries Services Stocks & shares UK World
admin April 7, 2021
Saga plc (LON: SAGA) said on Wednesday that its pre-tax loss narrowed significantly in fiscal 2021, attributed to lower costs. The announcement was particularly exciting as the ongoing COVID-19 crisis weighed heavily on the company’s revenue in the recent year. The Coronavirus pandemic has so far infected more than 4.3 million people in the United ...
Economy Europe Finance & banking Industries Stocks & shares World
admin April 6, 2021
In an announcement on Tuesday, Credit Suisse Group AG (ETR: CSX) said it will take a hit worth £3.41 billion attributed to dealings with the New York investment fund, Archegos Capital Management. Credit Suisse opened at £8.04 per share on Tuesday and closed the regular session at £7.84 per share after touching an intraday low of £7.72 per share. In...
August 2, 2021