Australia's AMP outlines $400 million plan for special dividend and buyback, shares soar
SYDNEY (Reuters) – Australia’s scandal-hit AMP Ltd (AMP.AX) said on Thursday it would return up to almost $400 million to investors in the [...]
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BMW losses almost $800 million as sales slide during lockdowns
FRANKFURT (Reuters) – BMW (BMWG.DE) expects to make an operating profit this year despite losing 666 million euros ($787 million) in the second [...]
AIG quarterly profit tumbles on catastrophe losses, private-equity losses
(Reuters) – Insurer American International Group Inc (AIG.N) on Monday posted a 56% fall in quarterly adjusted earnings, spurred partly by higher catastrophe [...]
CME second quarter earnings fall as hedging demand slows
NEW YORK (Reuters) – CME Group (CME.O), the world’s biggest futures exchange operator, on Wednesday reported lower second-quarter profits as fiscal and monetary [...]
AMD raises full-year forecast as chip rival Intel stumbles
(Reuters) – Advanced Micro Devices Inc (AMD.O) raised its full-year revenue forecast on Tuesday, driven in part by an overall surge in chip [...]
U.S. retail sales beat expectations; weekly jobless claims still elevated
WASHINGTON (Reuters) – U.S. retail sales increased more than expected in June, but a resurgence in new COVID-19 cases is chipping at the [...]