The Spanish bank said net interest income stood at EUR2.07 billion, up 33% from a year earlier, and compared with EUR1.89 billion expected by analysts.
Dow Jones Newswires: Sanofi profit narrowly beats forecasts, sees stronger earnings growth in 2023
The French pharma majorFR:SAN SNY reported net profit of 1.46 billion euros ($1.59 billion) for the quarter, on sales that grew to EUR10.73 billion from EUR9.99 billion in the previous year.
MarketWatch First Take: Apple offers breadcrumbs for a forecast, but is that enough to reassure Wall Street?
Needing to calm down Wall Street, Apple executives decided to bring back a forecast of sorts Thursday, though more breadcrumbs than hard numbers.
Dow Jones Newswires: China’s Caixin services PMI bounces back in January
A private gauge of China’s service-sector activity bounced back in January to expansionary territory, signaling a quick economic recovery following Beijing’s removal of its stringent Covid-19 containment regime in December.
The Wall Street Journal: Beyond Meat revamps its retail strategy, hires new marketing executive
Beyond Meat Inc. is revamping its retail sales strategy to center on five major grocers and hiring a new marketing executive as part of an effort to reinvigorate the plant-based food maker’s business.
Dow Jones Newswires: Sony shares gain on better-than-expected quarterly profit
Sony Group Corp. shares gained Friday morning after its third-quarter net profit beat analysts’ expectations and the company raised its fiscal year net-profit forecast.
The Wall Street Journal: Activist investor Ryan Cohen takes big stake in Nordstrom, seeks board changes
Activist investor Ryan Cohen is amassing a sizable stake in Nordstrom Inc. and intends to urge the upscale department-store chain to make changes to its board following a steep share-price decline, according to people familiar with the matter.
Chuck Jaffe: Market pros are so happy about stocks right now, you have to wonder if they’re too bullish
The market’s technical factors scream ‘all-systems-go.’ The fundamentals? Not so much.
Dow Jones Newswires: GM, Netflix will collaborate to help build ‘an EV culture’
General Motors Co. electric vehicles will appear in some Netflix Inc. shows and films, which the companies said reflects “society’s increasing excitement about an all-electric future.”
FA Center: Risk-tolerance surveys often miss what financial advisers really need to know about you
‘Clients’ attitude toward risk definitely changes with different market conditions,’ one adviser says.