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...The fast-casual chain reported net income of $359mn on revenues of $2.7bn, matching expectations for sales and exceeding analysts’ profit forecasts by about 12 per cent....
...Signet Jewelers, the world’s largest diamond jewellery retailer, said it expects more promotions during the holiday season as consumers have become more “deal conscious”....
...The government has reversed its decision to raise the income and asset thresholds for promotions of potentially risky investments to high-net worth individuals after a backlash from investors and technology...
...By contrast, concert promotion, by far Live Nation’s biggest division with 82 per cent of group revenue, pulled in only 17 per cent of total AOI....
...JPMorgan Chase, Bank of America, Wells Fargo and Citigroup collectively made $253bn in net interest income (NII) for the whole of 2023 — a 19 per cent jump from 2022’s total....
...BlackRock’s iShares arm topped the quarterly flows league with €14.1bn of net sales, ahead of DWS’s Xtrackers business and Amundi, which respectively attracted €8bn and €5bn of net new money....
...Attorney-general Merrick Garland noted that Apple’s net income — which was $97bn in 2023 — “exceeds the GDP of more than 100 countries”, in large part because of the success of the iPhone....
...“All of that then leads you to a view of net zero happening later,” Grant Dougans, a partner at Bain, told Energy Source....
...It booked net income of ¥166bn, compared with ¥93bn in its last financial year....
...Bloomberg in 2021 estimated his net worth at more than $1bn. Handler started his career at Jefferies 34 years ago as a trader, and became chief executive in 2001....
...Those figures, as well as adjusted net income of $1.47bn, all beat the expectations of analysts polled by Bloomberg....
...The return of music’s biggest star to the platform underscores TikTok’s importance to artists as one of the biggest drivers of music discovery and promotion....
...Citi reported net income of $3.4bn in the quarter, down 25 per cent from a year ago but better than the $2.3bn that analysts had forecast....
...Taiwan also signed a foreign investment promotion and protection agreement with Canada in December, after more than two years of negotiations....
...Full uptake of biosimilars would lose PBMs 84 per cent of the $2.1bn in net profits they were making from Humira, it estimated....
...The latter, whose core customers are lower income Americans living in rural areas, eked out a 0.7 per cent rise in same-store sales but suffered a 39 per cent drop in net income during the fourth quarter...
...High net worth investors who can buy without debt have powered the bulk of recent transactions — although they are generally limited to smaller deals....
...But even without their net inflows of $11bn in the three months to the end of March, active ETFs as a whole still attracted record amounts of investor money....
...Having Blizzard game licences in its portfolio is not just about the boost to its net income. Crucially it gives NetEase an edge over Tencent, its biggest local rival....
...And net-net the winners are not the gamblers but the casino....
...In the year to February, it generated net sales of $1.7bn and pre-tax profit of $131.6mn....
...SAP’s announcement “does go to show this is not a net job loss; it’s more of a reskilling”, said TD Cowen analyst Derrick Wood....
...As part of the latest changes announced on Tuesday, developers launching their own marketplace will be able solely to offer their own apps on an alternative app store and will be able to offer promotions...
...The good news was that net gaming revenue (NGR) climbed 14 per cent to £4.83bn last year....
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