July 28, 2021
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Berkshire Hathaway returns to profit in the fiscal first quarter
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Berkshire Hathaway returns to profit in the fiscal first quarter

admin May 1, 2021
Berkshire Hathaway Inc. (BRK.A) said on Saturday it returned to profit in the fiscal first quarter on the back of robust performance from its insurance business. The company also extended its share buyback programme by £4.78 billion. The U.S. firm generated £46.76 billion of revenue in Q1. According to Refinitiv, experts had forecast a lower £46.08...
Credit Suisse swings to loss in the first quarter due to Archegos scandal
Economy Europe Finance & banking Industries Services Stocks & shares World

Credit Suisse swings to loss in the first quarter due

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 ...
Saga plc pre-tax loss narrows to £61 million in fiscal 2021
Economy Europe Finance & banking Industries Services Stocks & shares UK World

Saga plc pre-tax loss narrows to £61 million in fiscal

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 ...

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