The German lender’s profit for the three months to the end of December was 1.80 billion euros ($1.98 billion), up from EUR145 million for the same period in 2021.
Dow Jones Newswires: Roche profit misses forecasts, sees COVID-19 related sales decline ahead
For the year ahead, Roche expects a decrease in sales due to a previously announced CHF5 billion decline in Covid-19 product sales, it said
Dow Jones Newswires: Infineon profit nearly doubles as revenue climbs on strong demand for chips
Infineon’s segment result, a key profitability metric, surged to EUR1.11 billion from EUR717 million, generating a margin of 28%.
Dow Jones Newswires: Adani selloff worsens after cancellation of $2.5 billion share sale
Shares of Adani Enterprises were last down 8.8%, a day after the stock fell more than 28% in its biggest one-day loss since listing in 1998.
Tax Guy: Dear Tax Guy: I just started renting my house out on Airbnb. What income-tax deductions can I claim on this property?
‘Can somebody count part of the mortgage as a deduction? What about utilities and cable?’ a reader asks.
Dow Jones Newswires: BOJ’s Wakatabe: Commitment to monetary easing hasn’t changed
Bank of Japan Deputy Gov. Masazumi Wakatabe said Thursday that the central bank’s easy stance and its commitment to achieving sustainable 2% inflation remain unchanged.
: Pinterest reportedly lays off about 150 workers
Pinterest Inc. reportedly laid off about 150 workers Wednesday, becoming the latest tech company to cut jobs amid economic worries.
: Pinterest reportedly lays off about 150 workers
Pinterest Inc. reportedly laid off about 150 workers Wednesday, becoming the latest tech company to cut jobs amid economic worries.
: Comcast sells nearly 6 million shares of its Buzzfeed stake amid sharp rally
Comcast has sold part of its stake in Buzzfeed, which has seen its shares surge in recent days amid enthusiasm for the publisher’s AI efforts.
MarketWatch First Take: Zuckerberg and Intel are shipping the proceeds from their layoffs straight to Wall Street
Wall Street long groused about cash-generating tech companies refusing to pay dividends and buy back stock. That is no longer a problem, in multiple respects.