Tag Archives: Profit

(Bloomberg) — Twilio Inc. jumped by the most in almost three years after projecting a profit this quarter and setting the stage for $1 billion worth of stock buybacks. Most Read from Bloomberg Earnings, excluding some items, will be 18 cents to 22 cents a share in the period ending …

(Bloomberg) — Glencore Plc will return more than $7 billion to shareholders in dividends and buybacks after the commodities giant reported another blockbuster profit driven by its coal and trading divisions. Most Read from Bloomberg While Glencore and its rivals have been positioning themselves to take advantage of rising demand …

LONDON—Barclays PLC’s profit fell in the fourth quarter from a year earlier, sending shares in the British banking giant sharply lower.  The bank on Wednesday said net profit fell 4% to £1.04 billion, equivalent to $1.2 billion, in the three months to December, down from £1.08 billion a year earlier. …

SAN FRANCISCO (AP) — Airbnb on Tuesday reported increases in profit and revenue as the short-term-rental giant continued to benefit from the rebound in travel. The San Francisco-based company said it continues to see strong demand so far this year, “indicating that consumer confidence to travel remains high.” Airbnb said …

Neiman Marcus is poised to lay off nearly 5% of its workforce as the swanky retailer braces for a downturn — despite the fact the company handed out record cash bonuses during the past two years, The Post has learned. The Dallas-based luxury icon, which also owns Bergdorf Goodman, is …