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A slowdown in the global economy and ongoing trade tensions could hit earnings in the second half of 2019 for Wall Street companies

Wall Street firms record best H1 profit in a decade

Wall Street firms recorded their best first half in a decade as profits rose 11%, but a slowdown in the global economy and ongoing trade tensions could hit earnings in the second half of 2019.

Business • 25 Oct 19

Grafton Group CEO Gavin Slark said recent trading conditions are more reflective of market sentiment than business fundamentals

Grafton Group warns of lower profit in 2019

Building materials distributor Grafton Group has today warned that its annual profit would be below market expectations, sendings its shares lower in London trade.

Business • 17 Oct 19

Citigroup said its total revenue in the third quarter rose about 1% to $18.57 billion

Citigroup profit rises 6% on investment bank strength

Citigroup has today reported higher profit and revenue, driven by growth in its global consumer business and lower expenses.

Business • 15 Oct 19

Goldman Sachs said its third quarter earnings per share fell to $4.79 from $6.28 a year earlier

Goldman Sachs Q3 profit hurt by weak underwriting, M&A

Goldman Sachs Group today missed Wall Street's estimates for quarterly profit as global economic worries dampened appetite for deals and share sales.

Business • 15 Oct 19

EasyJet said that profit before tax for the 12 months until September 30 would be between £420m and £430m

EasyJet says strikes at its rivals to boost revenues

UK budget airline EasyJet said today that full-year profit would be towards the upper end of expectations, with revenue boosted by pilot strikes at rivals British Airways and Ryanair.

Business • 08 Oct 19

Chinese industrial profits fell 2% in August from a year earlier to 517.8 billion yuan ($72.59 billion)

China's industrial profits fall as headwinds hit firms

Profits at China's industrial firms contracted in August, reversing the previous month's brief gain, as weak domestic demand and the trade war with the US weighed on corporate balance sheets.

Business • 27 Sep 19

Shares in Halfords have fallen by 48% over the last year

Halfords says political uncertainty denting sales

Halfords warned today its 2019-2020 profit would be slightly lower than forecast as UK economic and political uncertainty took its toll on sales of more expensive bicycles and in-car technology in recent months.

Business • 04 Sep 19

JD Sports said today it was on track to deliver headline annual pretax profit

JD Sports says confident of profit meeting expectations

Sportswear retailer JD Sports bucked the retail sector gloom yet again, as it predicted full-year profit would meet expectations on strong sales from new stores and growing demand for gym wear.

Business • 03 Jul 19

Bank of America's quarterly results beat expectations

Bank of America's profit rises 6% on growing loan book

Bank of America has today reported a 6% rise in quarterly profit, as a growing loan book and cost cuts made up for a drop in revenue in investment banking.

Business • 16 Apr 19

Facebook Ireland's effective tax rate for last year was 15.5%

Facebook paid €38.3m in tax on profits of €251.8m here

New accounts published by Facebook Ireland show the social network paid €38.3m in tax here last year on a profit of €251.8m.

Business • 28 Nov 18

UK's Nationwide has said it will be comfortable keeping annual profits at between £0.9-1.3 billion a year

UK's Nationwide profit falls 17% on tech investment

Nationwide Building Society, one of Britain's three biggest mortgage providers, said its profit for the first six months of the financial year fell 17%.

Business • 22 Nov 18

Soaring demand from commercial airlines has driven another surge in revenues for Boeing over the past year

Boeing raises guidance as plane sales grow

Boeing today topped analysts' forecasts for quarterly profit and raised its forecasts for annual profit as it continued to benefit from a boom in global air travel and demand for airplanes.

Business • 24 Oct 18

Superdry has blamed a hit to sales from unseasonably hot weather and rising foreign exchange costs for the profit warning

Superdry blames weather and forex for profit warning

British fashion group Superdry has warned that its 2018-19 profit could be as much as 17% below current expectations.

Business • 15 Oct 18

Tesco posts a 24.4% rise in first half profit - lower than expected

Tesco H1 profit hit by weak sales in Europe and Asia

Tesco today missed first-half profit forecasts after weak trading in Thailand and Poland took the shine off accelerating sales growth in its main UK business, sending its shares lower.

Business • 03 Oct 18

Changes in ECB policy stance premature, minutes of January meeting show

ECB pays out €1.3 billion profit to central banks

The European Central Bank earned a net profit of €1.275 billion in 2017, up by €82m from a year earlier.

Business • 22 Feb 18

Volkswagen lifts its profit guidance for this year

Volkswagen lifts its full year profit outlook

Volkswagen has lifted its profit target for the year after cost cuts at its core autos division helped it outstrip third quarter earnings forecasts.

Business • 27 Oct 17

Trading profit at WH Smith's high street outlets was flat at £62m

WH Smith's profits boosted by sales growth

British books and stationery retailer WH Smith has reported a 6.9% rise in annual pretax profits to £140m, with growth led by outlets at airports and other travel sites.

Business • 12 Oct 17

JD Sports Fashion said profit before tax for the 26 weeks to July 29 rose 33% to £102.7m from £77.4m a year ago

JD Sports reports record H1 profit helped by expansion

JD Sports Fashion has today reported a record half-year pretax profit on demand for athletic leisure clothing and the opening of 35 new stores.

Business • 12 Sep 17

JPMorgan Chase & Co is the biggest US bank by assets

JPMorgan Chase reports 13% rise in quarterly profit

JPMorgan Chase & Co reported a better than expected quarterly profit as gains from higher interest rates and loan growth more than offset a drop in bond trading.

Business • 14 Jul 17

Tullow Oil's debt goes down as its gross profits are expected to rise

Tullow pays down debt, raises profit in H1

Exploration company Tullow Oil reduced debt in the first half of the year and reported a rise in gross profit under new CEO Paul McDade.

Business • 28 Jun 17

Wim Verbraeken, KBC Bank Ireland's chief executive

KBC Bank Ireland reports improved first quarter profits

KBC Bank Ireland has reported a first quarter profit of €70.4m - after tax and impairments - and up from a profit of €34.2m the same time last year.

Business • 11 May 17

The Central Bank has reported profits of €2.3 billion for 2016

Central Bank reports profits of €2.3 billion for 2016

The Governor of the Central Bank has said the recent increase in house prices is not indicative of a property bubble forming.

Business • 03 May 17

Barclays CEO Jes Staley reports 'another quarter of strong progress towards the completion of the restructuring' of the bank

Barclays' first quarter profit doubles to £1.7 billion

Barclays has reported its first quarter profit more than doubled, but its investment bank missed out on a bond trading boom that saw earnings surge at its Wall Street rivals.

Business • 28 Apr 17